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

Issuer & Securities

Issuer/ Manager
TSH CORPORATION LIMITED
Securities
TSH CORPORATION LTD - SGXE89604008 - KUH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
08-Feb-2019 00:01:40
Status
New
Announcement Sub Title
Appointment of Chief Executive Director and Executive Director
Announcement Reference
SG190208OTHRVQC8
Submitted By (Co./ Ind. Name)
Dr Yu Lai Boon
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of TSH Corporation Limited (the "Company") is pleased to announce the appointment of Mr Chua Khoon Hui as the Chief Executive Officer and Executive Director of the Company with effect from 7 February 2019.

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This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"), for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST 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 Alicia Sun (Tel: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Date Of Appointment
07/02/2019
Name Of Person
Chua Khoon Hui
Age
43
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Based on the qualification and experiences of Mr Chua Khoon Hui, the Board of Directors of the Company, on the recommendation of the Nominating Committee, has proposed the appointment of Mr Chua Khoon Hui as the Chief Executive Officer and Executive Director upon completion of the acquisition of the entire issued share capital of Sloshed! Pte. Ltd. on 7 February 2019.

At the Extraordinary General Meeting held on 25 January 2019, shareholders have approved the appointment of Mr Chua Khoon Hui as a director upon Completion.
Whether appointment is executive, and if so, the area of responsibility
Appointment is executive. Mr Chua Khoon Hui will be responsible for formulating corporate strategies for the Company and the Group as well as being in-charge of the day-to-day management, ensuring that its operations run smoothly and oversees the business development activities, sales and marketing and procurement and supply functions of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Professional qualifications
NIL
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NIL
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
In November 2005, Mr Chua Khoon Hui founded Sloshed! Pte. Ltd. and its subsidiaries when he started The Whisky Store. He is in-charge of the day-to-day management of the operations and oversees the business development activities, sales and marketing and procurement and supply functions.
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
Mr Chua Khoon Hui will be issued 6,500,216 ordinary shares in the issued share capital of the Company that will be listed on 12 February 2019.
# 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)
CJ's Bar Pte. Ltd. (formerly known as Quaich@RWS Pte. Ltd.)
Present
Sloshed! Pte. Ltd.
The Other Room Pte. Ltd.
The Other Roof Pte. Ltd.
Planet Spirits Pte. Ltd.
Quaich Pte. Ltd.
TWS Pte. 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
Mr Chua Khoon Hui has attended the modules LED1(Listed Entity Director Essentials) and LED4 (Stakeholder Engagement) under the Listed Entity Director Programme organised by the Singapore Institute of Directors and has undertaken to complete the remaining compulsory modules LED2(Board Dynamics) and LED3(Board Performance) within 1 year from his appointment as a Director.