Change - Announcement of Appointment::Announcement of Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
ASIA FASHION HOLDINGS LIMITED
Securities
ASIA FASHION HOLDINGS LIMITED - BMG0539Q1134 - GH3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-May-2015 22:45:16
Status
New
Announcement Sub Title
Announcement of Appointment of Executive Director
Announcement Reference
SG150525OTHRN0H2
Submitted By (Co./ Ind. Name)
Yuan Limin
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Executive Director

Additional Details

Date Of Appointment
25/05/2015
Name Of Person
Huo Wei Sheng
Age
52
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The nominating of Mr. Huo Wei Sheng ("Mr. Huo") as the Executive Director of the Company was duly reviewed by the Nominating Committee and the Board of Directors (the "Board") of the Company. The Board is of the view that Mr. Huo's qualifications and work experiences would enhance the core competencies of the Board.
Whether appointment is executive, and if so, the area of responsibility
Executive. To oversee the daily running and operations of the Group and is responsible for forging new alliance and business opportunities.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Year 2007 to present - General Manager of Zhongwei (Xuzhou) New Board Co., Ltd (formerly known as Xuzhou Zhongsen Thonghao New Board Co., Ltd.) ("Xuzhou Zhongwei"). Responsible for the daily operations of Xuzhou Zhongwei

Year 1999 to Year 2007 - General Manager of Zhongsen Tonghao (Beijing) Group Co., Ltd. ("Beijing Zhongsen"). Responsible for the daily operations of Beijing Zhongsen

From 1996 to 1999 - General Manager of Beijing Xinxing Real Estate Co., Ltd of which he was responsible for sourcing property development opportunity. Concurrently, he was General Manager of Beijing Sen Wang Flooring Co., Ltd ("Sen Wang"), responsible for sales and marketing operation of Sen Wang.
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)
Zhongsen Tonghao (Beijing) Group Co., Ltd - 2005 to 2013
Present
Zhongwei (Xuzhou) New Board Co., Ltd (formerly known as Xuzhou Zhongsen Thonghao New Board Co., Ltd.) - 2007 to present
(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 a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Beside the normal induction brief into the Company, the Company will be identifying suitable courses conducted by SGX/Singapore Institute of Directors for Mr. Huo Wei Sheng to attend in due course.