Change - Announcement of Appointment::Re-designation of John d'Abo as Executive Vice Chairman

Issuer & Securities

Issuer/ Manager
REX INTERNATIONAL HOLDING LIMITED
Securities
REX INTERNATIONAL HOLDING LTD - SG2G04994999 - 5WH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Aug-2023 07:35:56
Status
New
Announcement Sub Title
Re-designation of John d'Abo as Executive Vice Chairman
Announcement Reference
SG230801OTHRN4EK
Submitted By (Co./ Ind. Name)
Dan Brostrom
Designation
Executive Director and Chairman
Description (Please provide a detailed description of the event in the box below)
Re-designation of Mr John Gerard Nicholas d'Abo ("Mr John d'Abo") as Executive Vice Chairman

Additional Details

Date Of Appointment
01/08/2023
Name Of Person
John Gerard Nicholas d'Abo
Age
54
Country Of Principal Residence
United Kingdom
Date of last re-appointment (if applicable)
28/04/2023
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr John d'Abo is an Independent Non-Executive Director of the Company appointed since 4 May 2022.

As part of the Company's succession plan for Chairmanship of the Board, the Nominating Committee ("NC"), after reviewing Mr John d'Abo's credentials, expertise and working experience, has recommended to the Board of Directors ("Board") the re-designation of Mr John d'Abo as Executive Vice Chairman. The Board is of the view that Mr John d'Abo possesses the requisite experience and capabilities to assume the responsibilities as Executive Vice Chairman. Accordingly, the Board accepted the NC's recommendation and approved the re-designation of Mr John d'Abo as an Executive Vice Chairman of the Company.

Mr John d'Abo has abstained in the deliberations and decision of the re-designation. Following the re-designation, Mr John d'Abo will cease as a member of the Nominating and Remuneration Committees.
Whether appointment is executive, and if so, the area of responsibility
Executive. He will assist the Executive Chairman in leading the Board and assuming the roles and responsibilities as Vice Chairman.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Vice Chairman
Professional qualifications
Bachelor of Arts with joint honours in French and Spanish - University of Bristol, United Kingdom
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
2012 - 2014
Head of ECM Asia RBC Capital Markets, Hong Kong

2015 - 2016
Head Asia Pacific, Corestate Capital, Singapore

2014 - 2017
Corporate Development Advisor to corporates

2017 - present
Director, Erland Advisors Ltd, United Kingdom

2020 - 2022
Joint Chairman & Chief Executive Officer, Avicrisali Srl, Piscicola Salcioara Srl, and Agropig Srl, a group of Romanian companies

2021 - 2023
Chief Operating Officer, Caviar Biotec Ltd, United Kingdom
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?
Yes
Shareholding Details
Direct: 128,000 ordinary shares (representing 0.01% shareholding interest) in Rex International Holding Limited

Subsidiaries of Rex International Holding Limited:
Nil
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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
- Avicrisali Srl
- Piscicola Salcioara Srl
- Agropig Srl

Other Principal Commitments
- Caviar Biotec Ltd
Present
Directorships
- Erland Advisors Ltd
- Moroxite Holding Pte. Ltd.
- Xer Technologies Pte. Ltd.

Other Principal Commitments
Nil
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr John d'Abo has been appointed as Independent Non-Executive Director of Rex International Holding Limited since 4 May 2022. He had completed the mandatory training in the roles and responsibilities of a director of a listed issuer as prescribed by the SGX-ST.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not Applicable