Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
CHINA KUNDA TECHNOLOGY HOLDINGS LIMITED
Securities
CHINA KUNDA TECH HOLDINGS LTD - SG1X41941300 - GU5
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
22-Mar-2024 18:56:20
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG240322OTHRHAPT
Submitted By (Co./ Ind. Name)
Cai Kaoqun
Designation
Executive Chairman and CEO
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Independent Director

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Ng Shi Qing, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
31/03/2024
Name Of Person
Chen Liping ("Ms Chen")
Age
59
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors of China Kunda Technology Holdings Limited (the "Company") has considered and accepted the Nominating Committee's recommendation to appoint Ms Chen as an Independent Director of the Company based on her qualification and working experience.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Nominating Committee and a member of Audit Committee and Remuneration Committee
Professional qualifications
Bachelor of Tourism and Economic Management, Nankai University

Master of Business Administration, The University of Hull
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
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
August 2004 to present: Director, Innovative Corporation Pte Ltd

April 2017 to present: Director, Newmarket Trading Pte Ltd

May 2018 to present: Director, Singapore Fullrich Technology Pte Ltd

March 2021 to present: Director, HPJG Foundation Pte Ltd

August 2020 to October 2021: Director, China Petroleum & Gas Development Pte Ltd

January 2019 to April 2022: Director, China Petroleum Development Pte Ltd

September 2017 to June 2021: Director, China Aero Supply (Singapore) Pte Ltd

July 2017 to June 2021: Director, Chinamate Singapore Pte Ltd

November 2016 to December 2022: Director, Convoy General Trading Pte Ltd

March 2014 to October 2016: Executive Director, Pavillon Holdings Ltd
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
Ms Chen's cousin, Ms Wang Bei, holds 30,000 shares of the Company representing 0.007% interest of the Company, who is not a substantial shareholder of 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)
China Petroleum & Gas Development Pte Ltd
China Petroleum Development Pte Ltd
China Aero Supply (Singapore) Pte Ltd
Chinamate Singapore Pte Ltd
Convoy General Trading Pte Ltd
Innovative 3133 Pte Ltd
Present
Innovative Corporation Pte Ltd
HPJG Foundation Pte Ltd
Newmarket Trading Pte Ltd
Singapore Fullrich Technology Pte Ltd
Tianjin Association (Singapore)
(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?
Yes
If Yes, Please provide full details
Yes. On 20 June 2014 and 20 February 2023, there were two bankruptcy applications (Case Number: HC/B 1283/2014 and Case Number: HC/B 550/2023) against Ms Chen Liping for the debts of S$1,023,086 and S$2,080,322 respectively.

Following the debts had been satisfied on 30 June 2014 and 25 April 2023, the bankruptcy applications had been withdrawn and discontinued on 30 June 2014 and 2 May 2023 respectively.
(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?
Yes
If Yes, Please provide full details
From 20 June 2017 to 16 March 2018, Ms Chen was a director of China Heping Construction Group (Far East) Pte Ltd ("CHC"), a company incorporated in Singapore which was in the process of liquidation pursuant to an application filed against CHC on 18 January 2019 for liquidation by several of CHC's creditors after Ms Chen's resignation.

During her tenure as a nominal director with CHC, she had not been involved in the CHC's business operation.
(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?
Yes
If Yes, Please provide details of prior experience
From March 2014 to October 2016, Ms Chen was an Executive Director of Pavillon Holdings Ltd.