Change - Announcement of Appointment::Appointment of Deputy Chief Executive Officer - Pan ZhaoJin

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
13-Jan-2025 19:36:38
Status
New
Announcement Sub Title
Appointment of Deputy Chief Executive Officer - Pan ZhaoJin
Announcement Reference
SG250113OTHRJ4IV
Submitted By (Co./ Ind. Name)
Pan Shun Ming
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Pan ZhaoJin ("Mr Pan") as Deputy Chief Executive Officer ("Deputy CEO") of the Company

Additional Details

Date Of Appointment
13/01/2025
Name Of Person
Pan ZhaoJin
Age
42
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
In line with the Company's succession planning and leadership renewal strategy, Mr Pan, currently Vice President (Property Development), will succeed Mr Pu JinBo as Deputy CEO who is retiring in 2025. After considering Mr Pan's credentials, experience, and qualifications, and upon the recommendation of the Nominating Committee, the Board of Directors (the "Board") has agreed that Mr Pan possesses the requisite expertise and capabilities to excel in this new role. Consequently, the Board has approved his appointment effective 13 January 2025.

The details of the resignation of Mr Pu as Deputy CEO are disclosed in a separate announcement released today. His official last working day with the Company will be 31 March 2025.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Pan will also assist the Chief Executive Officer for the development of the Group's business strategies and investment strategies. He will continue his current role to oversee and responsible for the property development activities of the Group's property investment.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy CEO
Professional qualifications
IMBA degree from Sun Yat-sen University
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
Yes. Mr Pan is a substantial shareholder of the Company. His parents are Mr Pan Shun Ming (Executive Chairman and substantial shareholder of the Company) and Madam Mai ShuYing (Chief Financial 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
Mr Pan is currently Vice President (Property Development), overseeing the property development activities of the Company's property investment. He joined the Group in 2007 as an assistant to the Chief Executive Officer and was promoted to Vice General Manager in 2009. He served as an Executive Director of the Company until February 2017. Upon his resignation as Director, Mr Pan was appointed as Deputy Chief Operating Officer, responsible for marketing and business development for the Group's packaging business. On 14 October 2019, Mr Pan was redesignated as Vice President (Property Development).
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: 816,000 ordinary shares, representing 1.16% interest in the Company

Deemed interest: 45,309,962 ordinary shares held by his parents, Mr Pan Shun Ming and Madam Mai ShuYing, representing 64.43% interest in the Company
# 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 and other Principal Commitments
- Foshan Energetic Film Co., Ltd
- Guangdong Xinghua Health Drinks Co., Ltd
- Foshan Jia Yu Corporate Advisory Co., Ltd
- Unibott Technology Incorporation
- Foshan Jia Bei Le Property Management Co., Ltd
- GuangDong Donald Food Co., Ltd
- GuangDong Xinghua Health Drinks Co., Ltd
Present
Directorships and other Principal Commitments
- Southern Packaging (Jiangsu) Co., Ltd
- Foshan Jia Xun Real Estate Co., Ltd
- Striving Asset Management Co., Ltd
- Foshan Jia Bang Real Estate Co., Ltd
- Thrive United Holdings Ltd
- Cappella Holding Pte. Ltd
- Nanhai 4 Pte. Ltd
- Shan Shine Asset Management Co., Ltd
- Stable Growth Investment Co., Ltd
- Foshan Shan Shine Corporate Advisory Co., Ltd
- Foshan Ying Feng Real Estate 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
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
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