Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
ELLIPSIZ LTD
Securities
ELLIPSIZ LTD - SG1I76883822 - E13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-Feb-2015 18:27:25
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DIRECTOR
Announcement Reference
SG150212OTHRGM9M
Submitted By (Co./ Ind. Name)
Melvin Chan Wai Leong
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Director.

Additional Details

Date Of Appointment
12/02/2015
Name Of Person
Ong Suat Lian
Age
45
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 been working with Ms Ong since 2008 and is satisfied that she has the relevant qualifications, knowledge and experience to undertake the role of Executive Director.
Whether appointment is executive, and if so, the area of responsibility
Ms Ong is also a chief financial officer of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer of the Group
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Joined Ellipsiz group's corporate office as Senior Finance Manager in 2001 and was promoted to the position of Finance Director in 2004, before moving to the current position of CFO in July 2012.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
596,333 Ellipsiz Shares, and
1,100,000 Ellipsiz Options
# 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)
Ellipsiz DSS Pte Ltd, Ellipsiz Ventures Pte Ltd, Ellipsiz Semilab Holdings Pte Ltd, Ellipsiz ISP Pte Ltd, Ellipsiz Communications Pte Ltd, iNETest Resources Pte Ltd, HPS Engineering (Suzhou) Co., Ltd, E+HPS Engineering (Suzhou) Co., Ltd, E+HPS Philippine Branch & Ellipsiz Taiwan Inc.
Present
Ellipsiz DSS Pte Ltd, iNETest Resources Pte Ltd, HPS Engineering (Suzhou) Co., Ltd, E+HPS Philippine Branch & Ellipsiz Taiwan Inc.
(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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Ms Ong is the CFO of the Company and has been following the development of Listing Rules, Companies Act and corporate governance regulations in Singapore. She has been managing the corporate affairs of the Company and has been working closely with the board on implementation of corporate governance in the Group. Therefore she is aware of the duties and responsibilities of a Director of a listed company.