Change - Announcement of Appointment::Change of Alternate Director

Issuer & Securities

Issuer/ Manager
WING TAI PROPERTIES (FINANCE) LIMITED
Securities
WINGTAIPROP S$170M4.25%N221129 - XS0859438045 - 2MJB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
02-Apr-2015 16:37:23
Status
New
Announcement Sub Title
Change of Alternate Director
Announcement Reference
SG150402OTHRCX0Z
Submitted By (Co./ Ind. Name)
Janet Fung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board announces that Mr. Kwok Ping Luen, Raymond, a non-executive director of the Company, has appointed Mr. Kwok Ho Lai, Edward as his alternate director in place of Mr. Yung Wing Chung and that the Board has approved such appointment which took effect from 2 April 2015.

Additional Details

Date Of Appointment
02/04/2015
Name Of Person
Kwok Ho Lai, Edward
Age
34
Country Of Principal Residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Wing Tai Properties Limited having considered the recommendation of the Nomination Committee, is of the
view that Mr. Kwok Ho Lai, Edward has requisite educational background, professional qualification and work experience to assume the duties & responsibilities as the alternate director to Kwok Ping Luen, Raymond.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Alternate Director to Kwok Ping Luen, Raymond, the non-executive director of Wing Tai Properties Limited
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
a son of Kwok Ping Luen, Raymond
Conflict of interests (including any competing business)
Mr. Kwok Ho Lai, Edward is the alternate director to Kwok Ping Luen, Raymond of Sun Hung Kai Properties Limited ("SHKP") and is a sales and project manager of SHKP group. Businesses of SHKP consist of development of and investment in properties for sale and rent and hotel operation.
Working experience and occupation(s) during the past 10 years
Mr. Kwok Ho Lai, Edward worked in a major international audit firm before joining SHKP group.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr. Kwok Ho Lai, Edward is deemed to be interested in 9,736,566 shares of Wing Tai Properties 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
Sun Hung Kai Properties Limited (Alternate Director to Kwok Ping Luen, Raymond)
(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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
The Company will provide the following training:
1. Director Induction Program
2. A Guide on Directors' Duties
3. Guidelines for Directors

Attachments

e- change of alt dir.pdf
Total size =96K