Change - Announcement of Appointment::Appointment of Group Managing Director and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
3CNERGY LIMITED
Securities
3CNERGY LIMITED - SG0502000029 - 502
3CNERGY LIMITED W200528 - SG5EE3000008 - 1E0W
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-Jun-2018 18:04:49
Status
New
Announcement Sub Title
Appointment of Group Managing Director and Chief Executive Officer
Announcement Reference
SG180629OTHR3XS7
Submitted By (Co./ Ind. Name)
Chung Chee Khuen
Designation
Group Financial Controller
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (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 and Sponsor assume 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 Mr Eric Wong (Director, Investment Banking), CIMB Bank Berhad, Singapore Branch, 50 Raffles Place #09-01 Singapore Land Tower, Singapore 048623, telephone (65) 6337 5115.

Additional Details

Date Of Appointment
30/06/2018
Name Of Person
Chung Chee Khuen
Age
50
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The nominating committee ("NC") had reviewed the qualifications and experiences of Mr Chung Chee Khuen ("Mr Chung") and recommended his appointment. The Board having deliberated on NC's recommendation, approved the appointment of Mr Chung as director cum group managing director and chief executive officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Chung is responsible for the overall management of 3Cnergy Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Managing 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
May 2015 - current:
- Group Financial Controller, 3Cnergy Limited and 3Cnergy Sdn. Bhd.

March 2015 - April 2015:
- Director, Liberty Bridge Sdn. Bhd.

September 2013 - February 2015:
- Executive Director, 3Cnergy Sdn. Bhd.

August 2012 - August 2013:
- Chief Executive Officer, The Tortoise Express Sdn. Bhd.

April 2007 - July 2012:
- Head of Internal Audit Department, Sunrise Berhad
- Assistant General Manager, Solaris Dutamas Assets Department, Sunrise Berhad
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)
1. 3Cs Investment Limited
2. Bytes Review Sdn Bhd
3. Chiling Falls Records Sdn Bhd
4. EdgeWiz Pte Ltd
Present
1. 3Cnergy Sdn Bhd
2. 3C Marina Park Sdn Bhd
3. 3Cnergy Property Management Sdn Bhd
4. 3C Property Consultants Pte. Ltd.
5. Whitehouse Holdings Private Limited
6. HSR Property Consultants Pte Ltd
7. 3Cnergy Property Management Pte. Ltd.
8. Big Data Research Sdn Bhd
9. Bizinfo Consulting Sdn Bhd
10. Creative Destroyer Sdn Bhd
11. Emerwood Sdn Bhd
12. Foxcraft Sdn Bhd
13. FZ Sdn Bhd
14. FZBiz Sdn Bhd
15. Jed Zaman Sdn Bhd
16. Kemboja Manja Sdn Bhd
17. Konsotium Perkasa Sdn Bhd
18. Lanjut Kurnia Sdn Bhd
19. Net Edge Online Sdn Bhd
20. Phileo Sdn Bhd
21. Phileo Group Sdn Bhd
22. Phileo Spring Sdn Bhd
23. Prima Fajar Sdn Bhd
24. Season Paradise Sdn Bhd
25. The Edge Communications Network Sdn Bhd
26. The Tortoise Express Sdn Bhd
27. TKO Concepts Sdn Bhd
(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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Mr Chung will attend training and/ or briefing to familiarise himself with the duties and responsibilities as a director of a Singapore public listed company.