Change - Announcement of Appointment::COO of ST Hospitality Pte. Ltd. and its subsidiaries and EO of Katrina Group Ltd.

Issuer & Securities

Issuer/ Manager
KATRINA GROUP LTD.
Securities
KATRINA GROUP LTD. - SG1DA5000005 - 1A0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
15-Jul-2022 07:34:09
Status
New
Announcement Sub Title
COO of ST Hospitality Pte. Ltd. and its subsidiaries and EO of Katrina Group Ltd.
Announcement Reference
SG220715OTHRFSIJ
Submitted By (Co./ Ind. Name)
Alan Goh Keng Chian
Designation
Executive Chairman and CEO
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, Hong Leong Finance Limited. It has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Vera Leong, Vice President, Hong Leong Finance Limited, at 16 Raffles Quay, #01-05 Hong Leong Building, Singapore 048581, telephone (+65) 6415 9881.

Additional Details

Date Of Appointment
15/07/2022
Name Of Person
Mr Lorenz Andreas
Age
49
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Lorenz Andreas is the General Manager of ST Hospitality Pte. Ltd. (subsidiary of Katrina Group Ltd.) on 21 February 2022. The Management has recommended Mr Lorenz Andreas be promoted from General Manager to Chief Operating Officer of its wholly-owned subsidiary, ST Hospitality Pte. Ltd. and its subsidiaries.

Upon the recommendation of the Nominating Committee, which had reviewed the qualification, experience, past performance and Mr Lorenz Andreas's commitment to seeing a profitable business moving ahead, the Board of Directors approved his appointment as the Chief Operating Officer of ST Hospitality Pte. Ltd. and its subsidiaries and executive officer of Katrina Group Ltd., after having reviewed and taken into consideration Mr Lorenz Andreas's educational background and past working experience.
Whether appointment is executive, and if so, the area of responsibility
Executive. Oversee operations, sales and marketing, business development of ST Hospitality Pte. Ltd. and its subsidiaries
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer of ST Hospitality Pte. Ltd. and its subsidiaries and executive officer of Katrina Group Ltd.
Professional qualifications
1990 - 1993
Catering College Munich
Chef Certificate: Theoretical 88/100
Practical 86/100

1986 -1990
Erding Secondary School
Leaving Certificate

1983 -1986
Wartenberg Primary School
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
February 2022 - Present
General Manager of ST Hospitality Pte. Ltd. (subsidiary of Katrina Group Ltd.)

March 2019 - June 2021
Garcha Group Singapore
Vice-President Asset Management

January 2018 - March 2019
Six Senses Maxwell / Six Senses Duxton
Hotel Manager

March 2017 - January 2018
Six Senses Maxwell / Six Senses Duxton
Executive Assistant Manager

March 2016 - February 2017
The St. Regis Chengdu
Executive Assistant Manager

April 2015 - March 2016
The St. Regis Chengdu
Director

May 2013 - April 2015
The Westin Nanjing
Director

June 2011 - April 2013
St. Regis Resort Sanya Yalong Bay
Director
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)
Nil
Present
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
Yes
If Yes, Please provide full details
Please refer to the Company's announcements dated 22 June 2022, 25 June 2022 and 29 June 2022 relating to the investigation being conducted by the Urban Redevelopment Authority ("URA") on 22 June 2022 into possible breaches of the minimum stay requirement in respect of the provision of short-term accommodation provided by ST Hospitality Pte. Ltd. and/or its subsidiaries. Mr Lorenz Andreas was appointed as the General Manager of ST Hospitality Pte. Ltd. (subsidiary of Katrina Group Ltd.) on 21 February 2022 and has not received any notice from the URA to assist with the investigation.
(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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Not applicable as this is not an appointment of Director.