Change - Announcement of Appointment::Re-designation of Mr Sun Weiliang

Issuer & Securities

Issuer/ Manager
HALCYON AGRI CORPORATION LIMITED
Securities
HALCYONAGRI US$200M3.8%PERPSEC - XS2257850409 - HJPB
HALCYON AGRI CORPORATION LTD - SG2F48989824 - 5VJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-Mar-2024 18:39:03
Status
New
Announcement Sub Title
Re-designation of Mr Sun Weiliang
Announcement Reference
SG240312OTHR2FTQ
Submitted By (Co./ Ind. Name)
Wong Teck Kow
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Re-designation of Mr Sun Weiliang as the Executive Director and Chief Executive Officer of the Company.

Additional Details

Date Of Appointment
12/03/2024
Name Of Person
Sun Weiliang
Age
56
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors ("Board") of the Company has received a proposal from the Company's substantial shareholder, China Rubber Investment Group Co., Ltd ("CRIG"), a wholly-owned subsidiary of China Hainan Rubber Industry Co., Ltd. ("HRG") to re-designate Mr Sun Weiliang ("Mr Sun") from a Non-Executive Director to the Executive Director and Chief Executive Officer ("CEO") of the Company.

The Board, after having reviewed the nomination, approved the re-designation of Mr Sun as the Executive Director and CEO of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Mr Sun will be in charge of formulating and executing the business strategy of the Group, and of overseeing its day-to-day management.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and CEO
Professional qualifications
Bachelor of Economics, Hangzhou Electronic Industrial College
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 Sun is nominated by HRG to be the Executive Director and CEO of the Company.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
March 2024 to Present: Vice General Manager of HRG

July 2021 to March 2024: Chief Financial Officer ("CFO") of HRG

April 2021 to July 2021: CFO of HSF Grass Livestock and Pig Industry Co., Ltd.

November 2020 to April 2021: CFO of HSF Grass and Livestock Industry Co., Ltd., HSF Honghua Farm Co., Ltd. and HSF Grass Livestock and Pig Industry Co., Ltd.

June 2020 to November 2020: CFO of HSF Grass and Livestock Industry Co., Ltd., HSF Honghua Farm Co., Ltd., HSF Animal Husbandry Group Co., Ltd and HSF Grass Livestock and Pig Industry Co., Ltd.

December 2017 to June 2020: CFO of HSF Grass and Livestock Industry Co., Ltd., HSF Honghua Farm Co., Ltd. and HSF Animal Husbandry Group Co., Ltd

July 2015 to December 2017, CFO and Deputy General Manager of Guangzhou Huida Group Co., Ltd

January 2013 to May 2015: CFO of Hainan Zhonglian Medical International Investment Co., 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)
(1) Director of HSF Finance Co., Ltd.
(2) Director of HSF Financial Holding Co., Ltd.
Present
(1) Vice General Manager of HRG
(2) Director of:
(i) CRIG
(ii) HSF International Capital (HK) Co., 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
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr Sun has attended training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.
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)
Not applicable