Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DEPUTY CHAIRMAN
Issuer & Securities
Issuer/ Manager
HEETON HOLDINGS LIMITED
Securities
HEETON HOLDINGS LIMITED - SG1O44912994 - 5DP
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
28-Dec-2015 19:23:43
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DEPUTY CHAIRMAN
Announcement Reference
SG151228OTHROG9K
Submitted By (Co./ Ind. Name)
TOH GIAP ENG
Designation
EXECUTIVE DIRECTOR AND CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Deputy Chairman
Additional Details
Date Of Appointment
04/01/2016
Name Of Person
TOH GIAP ENG
Age
60
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Toh Giap Eng has been the Chief Executive Officer of the Company since December 2002. The Board, having considered the recommendation of the Nominating Committees and Mr Toh Giap Eng's qualifications and experience, approved his appointment as Executive Deputy Chairman of the Company.
Whether appointment is executive, and if so, the area of responsibility
Mr Toh will relinquish his duties as Chief Executive Officer and to assume a newly created position of Executive Deputy Chairman.
Mr Toh's new role and responsibilities will cover:
1) identify and secure investment and development properties in new markets;
2) explore and develop related or new products/businesses for the Group; and
3) assist the Chairman in the overall stewardship and governance of the organisation.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Deputy Chairman
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Toh Giap Eng is a son of Mr Toh Khai Cheng, the non-executive Chairman of the Company and the brother of Mr Toh Gap Seng, the non-executive Director of the Company. Both Mr Toh Khai Cheng and Mr Toh Gap Seng are substantial Shareholders of the Company.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Mr Toh Giap Eng was appointed as a Director of the Company since year 1 July 1996 and was apppointed as the Chief Executive Office in December 2002. Mr Toh oversees group-wide planning and directions and also business development and investment and making strategic and business investment decisions.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct Interest:
38,741,249 ordinary shares held (11.91%)
Deemed Interest:
89,854,559 ordinary shares (27.64%)
# 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)
Zain Joy Holdings Limited
Market Holdings Pte Ltd
Development 11KS Pte. Ltd.
Imperial South East Asia Investment Pte. Ltd.
KSH (China) Venture Pte. Ltd.
Present
Please refer to the attached
(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 details of prior experience
Director of the Issuer since July 1996
Attachments
Directorship of Mr Toh Giap Eng.pdf
Total size =81K
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