Change - Announcement of Appointment::Redesignation from Non-Executive Director to Executive Director and Deputy Chief Executive Officer

Issuer & Securities

Issuer/ Manager
AOXIN Q & M DENTAL GRP LIMITED
Securities
AOXIN Q & M DENTAL GRP LIMITED - SG1DF9000000 - 1D4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Jan-2019 17:58:21
Status
New
Announcement Sub Title
Redesignation from Non-Executive Director to Executive Director and Deputy Chief Executive Officer
Announcement Reference
SG190101OTHR6GGW
Submitted By (Co./ Ind. Name)
Shao Yongxin
Designation
Executive Director and Group Chief Executive Officer
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, SAC Capital Private Limited, for compliance with the relevant rules of 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 assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Alicia Sun (Tel: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Date Of Appointment
01/01/2019
Name Of Person
San Yi Leong @ Tan Yi Leong
Age
41
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr San Yi Leong @ Tan Yi Leong ("Mr. San") has more than 15 years of experience in auditing, accounting, financial management, corporate restructuring, business development and mergers and acquisitions.

The Board of Directors has reviewed and considered the qualifications and relevant experiences of Mr. San, and upon the recommendation of the Nominating Committee, has approved the appointment of Mr. San as Deputy Chief Executive Officer ("Deputy CEO") and Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Area of Responsibility as follows:

1. Assist the Group CEO in overseeing and managing the overall administration, business and operations of the Group.

2. Assist the Group CEO in Company Strategic Planning, Merger and Acquisition activities, Fund raising activities and financial function.

3. Assist the Group CEO in communications with the Board of Directors, Regulators, Investor Relations, and on corporate road show activities.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Deputy Chief Executive Officer
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Yes, Mr. San is the brother-in-law of Dr. Ng Chin Siau, Group Chief Executive Officer of Q&M Dental Group (Singapore) Limited, who is a deemed controlling shareholder of the Company.

Q & M Dental Group (Singapore) Limited is a controlling shareholder of the Company.
Conflict of interests (including any competing business)
Mr. San is a director of Q & M Dental AI Pte. Ltd. ("QMAI"). QMAI is in the business of developing Artificial Intelligence software and solutions in relation to dental health issues.

The Board, in consultation with the Nominating Committee, is of the view that the interests of Mr. San and his associates in QMAI do not pose any conflict of interests with the Group's business as Mr. San has confirmed that QMAI is not in a competing business with the Group.

Should there be any conflict of interest which Mr. San is reasonably aware in respect of himself and/or his associates in future, Mr. San will make such conflict of interest known to the Board as soon as he is reasonably aware so that he may recuse himself from such related discussions and/or decisions and resolutions as most appropriate.
Working experience and occupation(s) during the past 10 years
March 2017- December 2018
Non-Executive Director, Aoxin Q & M Dental Group Limited

March 2017- December 2018
Business Development Director, Q & M Dental Group (Singapore) Limited

2015 - March 2017
Chief Financial Officer, Aoxin Q & M Dental Group Limited

2013 - 2015
General Manager, Q & M Medical Group (Singapore) Pte. Ltd.

2011 - 2015
Business Development Director, Q & M Dental Group (Singapore) Limited

2005 - 2011
Business Development Manager, Q & M Dental Group (Singapore) Limited
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)
Q & M Management & Consultancy Pte. Ltd.

Quantumleap Healthcare Pte. Ltd.

Q & M Dental (Shenyang) Pte. Ltd.

Aidite (Qinhuangdao) Digital Dental System Co., Ltd. (formerly known as Qinhuangdao Aidite High Technical Ceramic Co., Ltd.
Present
Aoxin Q & M Dental Group Limited

Shanghai Q & M Investment Management & Consulting Co., Ltd.

Q & M Dental AI Pte. Ltd.

Note: Mr. San has undertaken and will be resigning as a director in the companies listed below within one month of his appointment.

Shenyang Q & M Management Consulting Co. Ltd

Q & M Dental Holdings (Shenzhen) Pte. Ltd.

Q & M Dental (Shanghai) Pte. 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
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Non-Executive Director of Aoxin Q & M Dental Group Limited