Change - Announcement of Appointment::Re-designation of Mr Lim Tiong Hian as Executive Chairman and Acting Chief Executive Director

Issuer & Securities

Issuer/ Manager
EPICENTRE HOLDINGS LIMITED
Securities
EPICENTRE HOLDINGS LIMITED - SG1W52939285 - 5MQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
31-Jul-2016 20:23:20
Status
New
Announcement Sub Title
Re-designation of Mr Lim Tiong Hian as Executive Chairman and Acting Chief Executive Director
Announcement Reference
SG160731OTHR4XYY
Submitted By (Co./ Ind. Name)
Lim Tiong Hian
Designation
Executive Chairman and Acting 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 RHT Capital Pte. Ltd. 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 correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Lin Song, Registered Professional (Tel: 65-63816757) at Six Battery Road, #10-01, Singapore 049909.

Additional Details

Date Of Appointment
31/07/2016
Name Of Person
Lim Tiong Hian
Age
41
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors concurs with the recommendation of the Nominating Committee and is of the view that based on his qualification and working experience, he will be able to contribute positively to the Group.
Whether appointment is executive, and if so, the area of responsibility
While sourcing for a suitable candidate to fill up the vacancy of CEO during the transitional period, Mr Lim Tiong Hian will be responsible for setting the strategic direction, tracking of financial and profitability growth of the Group, as well as managing the business and overseeing all aspects of the daily operation of the Company.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Acting Chief Executive Officer
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Mr Lim Tiong Hian joined Swee Hong Limited in 2009 as Assistant Director to spearhead the company's technology capability development and has since transformed the company into a high technology company that deploys innovative techniques at the workplace.

Mr Lim Tiong Hian was headhunted to join Sino Construction Limited as the Executive Director in 2014. He started a period of transformation of the company, quickly turning it from small construction company to a global resource player. He embarked the company on several major acquisitions, laying the foundation for its future success.

Mr Lim Tiong Hian career spans across technical, project, marketing and business development roles over 15 years in infocomm technology.

Mr Lim Tiong Hian graduated from the University of Huddersfield, UK with a Bachelor of Arts (Multimedia Design).
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
23,025,800 shares (24.686%)
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)
1) Sino Construction Limited
2) SC Building & Construction Pte. Ltd.
3) Swee Hong Domitories Pte. Ltd.
4) Swee Hong Construction Pte. Ltd.
5) Magnum Energy Pte. Ltd.
Present
1) SFC Capital Pte. Ltd.
2) Broadwell Pte. Ltd.
3) Broadwell Limited
4) Epicentre Holdings Limited
(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?
Yes
If Yes, Please provide details of prior experience
Mr Lim Tiong Hian was previously an Executive Director for Sino Construction Limited.