Change - Announcement of Appointment::Re-designation from Executive Chairman to Executive Chairman and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
HAI LECK HOLDINGS LIMITED
Securities
HAI LECK HOLDINGS LIMITED - SG1CC4000004 - BLH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
16-Jun-2020 18:24:45
Status
New
Announcement Sub Title
Re-designation from Executive Chairman to Executive Chairman and Chief Executive Officer
Announcement Reference
SG200616OTHRDJJB
Submitted By (Co./ Ind. Name)
Chew Kok Liang
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Re-designation from Executive Chairman to Executive Chairman and Chief Executive Officer ("CEO")

Additional Details

Date Of Appointment
16/06/2020
Name Of Person
Cheng Buck Poh @ Chng Bok Poh
Age
76
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has accepted the Nominating Committee's recommendation, which has reviewed and considered Mr Cheng Buck Poh @ Chng Bok Poh's re-designation from Executive Chairman to Executive Chairman and CEO of the Company.

Whether appointment is executive, and if so, the area of responsibility
Executive.

Responsible for formulation/ reviewing of the Group's corporate strategies/directions and expansion plans; and overseeing management and development of the Group's business, locally and overseas, and is also responsible for sales and marketing for the Group's business.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and CEO
Professional qualifications
N.A.
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
Mr Cheng is father of Ms Cheng Li Chen, Executive Director of the Company, and Ms Cheng Wee Ling, the Managing Director of Tele-centre Services Pte Ltd, a subsidiary of the Company.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Executive Chairman of Hai Leck Holdings Limited and group of companies.
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
Direct and deemed interest in 96,436,950 and 78,000,000 ordinary shares in the company respectively. Pursuant to Section 7 of the Companies Act, Cap. 50, Mr Cheng is deemed to have an interest in the shares of the Company's subsidiary companies in proportion to the Company's interest in the subsidiary companies by virtue of his interest in more than 20% of the issued share capital 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)
Nil
Present
Cheng Capital Holdings 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
Hai Leck Holdings Limited