Change - Announcement of Appointment::RE-DESIGNATION OF NON-EXECUTIVE CHAIRMAN TO EXECUTIVE DIRECTOR AND CHAIRMAN AND APPOINTMENT OF CEO

Issuer & Securities

Issuer/ Manager
SINOPIPE HOLDINGS LIMITED
Securities
SINOPIPE HOLDINGS LIMITED - SG1S70928191 - X06
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
06-Aug-2016 17:37:01
Status
New
Announcement Sub Title
RE-DESIGNATION OF NON-EXECUTIVE CHAIRMAN TO EXECUTIVE DIRECTOR AND CHAIRMAN AND APPOINTMENT OF CEO
Announcement Reference
SG160806OTHR2UIW
Submitted By (Co./ Ind. Name)
Mr Wang Sen
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Re-designation of Non-Executive Chairman to Executive Director and Executive Chairman and appointment of Chief Executive Officer.

Additional Details

Date Of Appointment
06/08/2016
Name Of Person
Mr Wang Sen
Age
42
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Nominating Committee had reviewed the qualifications and working experience of Mr Wang Sen, a Non-Executive Chairman of the Company, and found Mr Wang Sen to be a suitable candidate for appointment as Executive Director and Executive Chairman and Chief Executive Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Overseeing the overall day-to-day management, sales and operations of the Group and responsible for formulating and implementing business strategies and policies of the Group as well as responsible for effective working of the Board.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Executive Director and Chief Executive Officer
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None.
Conflict of interests (including any competing business)
None.
Working experience and occupation(s) during the past 10 years
2004 - 2010
Chairman of the Board
Zhong Guang North Movie and Television City Co., Ltd

2008 - Present
Chairman of the Board
Max Rich Management Ltd

2010 - Present
Director
Faith Start Holdings Limited

2012 - Present
Chairman of the Board
Fujian Aton Advanced Materials Science and Technology Co., Ltd

2012 - 5 August 2016
Non-Executive Director and Non-Executive Chairman of the Board
Sinopipe Holdings Limited
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Wang Sen is deemed to be interested in the 47,500,000 shares held by Faith Start Holdings Limited.
Other Directorships
# 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
1. Max Rich Management Ltd
2. Faith Start Holdings Limited
3. Fujian Aton Advanced Materials Science and Technology Co., Ltd
4.Sinopipe Guizhou Co., Ltd
5. Sichuan Aton Plastics Co., Ltd
6. Yatong Plastic (Hubei) Co., Ltd
7. Xinjiang Aton Plastics Co., Ltd
8. Beijing Aton Plastics Co., Ltd
9. Kaifeng Aton Plastics Co., Ltd
10. Aton Plastics (Chongqing) 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 a listed company?
Yes
If Yes, Please provide details of prior experience
Prior to re-designation to an Executive Director of our Company, Mr Wang was a Non-Executive Director of our Company.