Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR, WHO IS A MEMBER OF THE EXECUTIVE COMMITTEE

Issuer & Securities

Issuer/ Manager
ELEC & ELTEK INTERNATIONAL COMPANY LIMITED.
Securities
ELEC & ELTEK INT CO LTD - SG1B09007736 - E16
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-Aug-2014 22:30:50
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DIRECTOR, WHO IS A MEMBER OF THE EXECUTIVE COMMITTEE
Announcement Reference
SG140812OTHRJIBX
Submitted By (Co./ Ind. Name)
Marian Ho
Designation
Company Secretary
Effective Date and Time of the event
12/08/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Elec & Eltek International Company Limited (the Company ) and its contents have been reviewed by the board of directors of the Company (the Board ) for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ( SGX-ST ).

The 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.

Additional Details

Date Of Appointment
01/09/2014
Name Of Person
Ng Hon Chung (Mr Ng)
Age
56
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has approved the appointment of [Mr Ng] as an Executive Director, and member of the Executive Committee of the Company after taking into account his experience and ability to contribute to the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive.

Area of Responsibility:

[(1) Manage attainment of business objectives and financial targets;
(2) Lead all fund raising efforts;
(3) Manage all corporate governance compliance;
(4) Manage all investment, divestments, joint-ventures, collaborations; and
(5) Implement policies and plans laid down by the Board.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director, member of the Executive Committee
Familial relationship with any director 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
Mr. Ng is a member of the executive committee of the Company and was an executive director of the Board during the period from 1/5/2010 to 31/10/2012. He joined the Group (namely the Company and its subsidiaries) in May 1979 and has served in various senior positions in the Group s manufacturing operations in Hong Kong and China. He is currently responsible for the overall; operational management of the Company s Guangzhou and Kaiping sites.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
(i) 60,000 shares of the Company representing approximately 0.0032% of the issued share capital of the Company; and
(ii) 20,000 shares of Kingboard Laminates Holdings Limited, a related corporation of the Company, and the shares of which are listed on the Main Board of The Stock Exchange of Hong Kong Limited, representing approximately 0.00067% of the issued share capital of Kingboard Laminates Holding Limited.
# 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)
Elec & Eltek International Company Limited/ Executive Director/ 1/5/2010-1/11/2012
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
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?
Yes
If Yes, Please provide full details
Elec & Eltek International Company Limited / Executive Director/ 1/5/2010-1/11/2012