Change - Announcement of Appointment::Redesignation of Finance Director as Chief Financial Officer - Mai Shuying

Issuer & Securities

Issuer/ Manager
SOUTHERN PACKAGING GROUP LIMITED
Securities
SOUTHERN PACKAGING GROUP LTD - SG1CG0000009 - BQP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Aug-2019 20:32:22
Status
New
Announcement Sub Title
Redesignation of Finance Director as Chief Financial Officer - Mai Shuying
Announcement Reference
SG190830OTHRTKIQ
Submitted By (Co./ Ind. Name)
Pan Shun Ming
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Redesignation of Finance Director as Chief Financial Officer

Additional Details

Date Of Appointment
01/09/2019
Name Of Person
Mai Shuying
Age
63
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The redesignation of Madam Mai Shuying ("Madam Mai"), Finance Director as Chief Financial Officer was recommended by the Nominating and Audit Committees after having reviewed her current roles and responsibilities, competencies, suitability and experience for the position of Chief Financial Officer. The Board accepted recommendations from the Committees and approved the redesignation of Madam Mai as Chief Financial Officer.
Whether appointment is executive, and if so, the area of responsibility
Executive. Madam Mai in-charge for the Group's finance department and is responsible in managing financial and tax matters, in particular, overseeing the fund disbursement and administrative matters.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Professional qualifications
Courses of Chief Financial Officer and Chief Human Resources Officers conducted by the Hong Kong International Business College.
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
Madam Mai is the substantial shareholder of the Company. She is spouse of Pan Shun Ming (Executive Chairman and substantial shareholder of the Company) and parent of Pan Zhaojin (Deputy Chief Operating Officer and substantial shareholder of the Company)
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Madam Mai co-founded the Group with Mr Pan Shun Ming in the early 1980s. She is the Group's Finance Director and Executive Director in charge of the Group s finance department and is responsible in managing finance and tax matters, in particular, overseeing the fund disbursement and administrative matters.
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 interest in 17,925,265 shares of the Company
Deemed interest in 27,384,697 shares held by her spouse, Mr Pan Shun Ming
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)
Southern Packaging Group Limited
Present
Foshan Southern Packaging Co., Ltd
Southern Packaging (Jiangsu) Co., Ltd
Energetic Holdings Limited
Foshan Jia Xun Real Estate Co., Ltd
Guangdong Donald Food Co., Ltd
Southern (HK) Packaging Company Limited
Foshan Nanxin Packaging Co., Ltd
Foshan Jia Bang Real Estate Co., Ltd
GuangDong Xinghua Health Drinks Co., Ltd
(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
This section is only applicable to appointment of Director
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