Change - Announcement of Appointment::Appointment of Chief Financial Officer - Wong Han Siang

Issuer & Securities

Issuer/ Manager
SHEFFIELD GREEN LTD.
Securities
SHEFFIELD GREEN LTD. - SGXE15230159 - SGR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
03-May-2024 22:01:44
Status
New
Announcement Sub Title
Appointment of Chief Financial Officer - Wong Han Siang
Announcement Reference
SG240503OTHRLIE1
Submitted By (Co./ Ind. Name)
Kee Boo Chye
Designation
CEO, Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Wong Han Sian to the position of Chief Financial Officer of the Group.

Additional Details

Date Of Appointment
06/05/2024
Name Of Person
Wong Han Siang
Age
49
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board, having meticulously reviewed and considered Mr. Wong's qualifications and extensive work experience, including his past internal and external audit, accounting experience, as well as his requisite competency in finance-related matters, has unanimously approved his appointment as the new CFO of the Group. Mr. Wong's appointment comes as the current CFO will be departing due to personal reasons. Save for cited personal reasons, the Board is not aware of any other reason that is causing the departure based on discussion with management.

Additionally, in anticipation of this transition, the Company has taken proactive measures, including arranging for a sufficient overlap between the incoming CFO's appointment and the outgoing CFO's cessation date. This deliberate overlap aims to facilitate a seamless handover of financial leadership responsibilities and ensure operational continuity within the Group's finance department.

Taking into account these considerations, the Audit Committee is confident that Mr. Wong possesses the requisite experience and capabilities to assume the responsibilities of the CFO.
Whether appointment is executive, and if so, the area of responsibility
Appointment is executive. Mr. Wong will be the Group's CFO and oversees the Group s finance, treasury, reporting, budgeting, forecasting and internal accounting functions.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Professional qualifications
Chartered Accountant of Singapore, Institute of Singapore Chartered Accountants, Fellow Member of the Association of Chartered Certified Accountants (United Kingdom)
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
Nil.
Conflict of interests (including any competing business)
Nil.
Working experience and occupation(s) during the past 10 years
April 2021 to May 2024 - Group Financial Controller of OIO Holdings Ltd.
July 2017 to July 2020 - Chief Financial Officer of LMIRT Management Ltd.
January 2011 to June 2017 - Financial Controller of LMIRT Management Ltd.
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)
Please refer to Annexure A.
Present
Please refer to Annexure A.
(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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
N/A
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
N/A

Attachments

Annexure A.pdf
Total size =113K