Change - Announcement of Appointment::Appointment of Executive Director and Chief Executive Officer - Mr Pun Chi Yam Cyrus

Issuer & Securities

Issuer/ Manager
MEMORIES GROUP LIMITED
Securities
MEMORIES GROUP LIMITED - SG1EB7000009 - 1H4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
21-Jan-2019 18:44:31
Status
New
Announcement Sub Title
Appointment of Executive Director and Chief Executive Officer - Mr Pun Chi Yam Cyrus
Announcement Reference
SG190121OTHRZ92U
Submitted By (Co./ Ind. Name)
Serge Pun
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Announcement on the appointment of Executive Director and Chief Executive Officer, Mr Pun Chi Yam Cyrus ("Mr Cyrus Pun").

This announcement has been prepared by the Company and its contents have been reviewed by the Company's continuing sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms Gillian Goh, Director, Head of Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, and E-mail: sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
01/02/2019
Name Of Person
Pun Chi Yam Cyrus
Age
39
Country Of Principal Residence
Myanmar
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors has reviewed and considered the qualifications and relevant experience of Mr Cyrus Pun, and upon the recommendation of the Nominating Committee, has approved the appointment of Mr Cyrus Pun as Executive Director and Chief Executive Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. He will be responsible for the Group's overall business development, expansion and other business processes.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Executive Officer
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Pun Chi Yam Cyrus is the son of Mr Serge Pun who is the Executive Chairman of Memories Group Limited.
Conflict of interests (including any competing business)
No.
Working experience and occupation(s) during the past 10 years
2012 - Present
Executive Director and Head of Real Estate of Yoma Strategic Holdings Ltd.

2007 - 2012
Director, Development and Project Coordinator of SPA (Dalian) Development Co. Ltd., China (a subsidiary of Yoma Strategic Holdings Ltd.)

Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
No
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Directorships:
Pun Hlaing Lodge Hotel Management Limited
Present
Directorships:
BYMA Myanmar Limited
BYMA Pte. Ltd.
MC Elevator (Myanmar) Limited
Meeyahta International Hotel Limited
Meeyahta Development Limited
Peninsula Yangon Holdings Pte. Ltd.
Thanlyin Estate Development (Singapore) Pte. Ltd.
XunXiang (Dalian) Enterprise Co., Ltd
Yoma Development Group Pte. Ltd.
Yoma Strategic Holdings Ltd.
Yoma Strategic Investments Ltd.
China Band Investments Limited
JJ-Pun (S) Pte. Ltd.
JJ-Pun Tiostone Company Limited
New Business Holdings Limited
Next Lead Holdings Limited
Pinnacle Trade Holdings Limited
Pun Holdings Investments Limited
Pun Holdings Pte Ltd
Rich Terrain Investments Limited
Serge Pun & Associates (Myanmar) Limited
Vanson Development Limited
Rokon Group Limited
Genlab Holdings Pte Ltd
Principal Commitment:
Yoma Strategic Holdings Ltd. till 1 February 2019
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr Pun Chi Yam Cyrus is an Executive Director of Yoma Strategic Holdings Ltd.