Change - Announcement of Appointment::Appointment of Non-independent, Non-executive Director

Issuer & Securities

Issuer/ Manager
YEO HIAP SENG LTD
Securities
YEO HIAP SENG LTD - SG1I10878425 - Y03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Jun-2017 17:12:13
Status
New
Announcement Sub Title
Appointment of Non-independent, Non-executive Director
Announcement Reference
SG170630OTHRW37X
Submitted By (Co./ Ind. Name)
Joanne Lim Swee Lee
Designation
Company Secretary
Effective Date and Time of the event
30/06/2017 17:00:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Fong Chun Man Kenneth as a Non-independent, Non-executive Director of the Company.

Additional Details

Date Of Appointment
01/07/2017
Name Of Person
Fong Chun Man Kenneth
Age
49
Country Of Principal Residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Upon the recommendation of the Nominating Committee and having reviewed the qualifications and experience of Mr Fong Chun Man Kenneth, the Board of Directors has approved the appointment of Mr Fong as a Non-independent, Non-executive Director in view of his vast experience in the beverage industry which will provide diverse and objective perspectives and add depth to the overall core competencies of the Board.
Whether appointment is executive, and if so, the area of responsibility
Non-executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-independent, Non-executive Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Fong is the son-in-law of Mr Robert Ng Chee Siong, one of the beneficiaries of the Estate of the late Mr Ng Teng Fong, a substantial shareholder of the Company.
Conflict of interests (including any competing business)
Mr Fong is a director of Telford International Company Limited ("Telford"). Telford is in the beverage, spirits, wine and beer industry. YHS (Singapore) Pte Ltd ("YHSS"), a subsidiary of the Company, is the distributor of Telford's beverage products in Singapore. In addition, Telford is one of YHSS's contract packers for its beverage products.
Working experience and occupation(s) during the past 10 years
1996 till to-date
Director and General Manager, Telford International Company Limited, one of Hong Kong's leading beverage companies.

Mr Fong has over 25 years of proven track record in general management, strategic/business planning, marketing/commercial leadership, product innovation and new business development in beverage industry in Asia pacific region.
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)
Nil.
Present
(1) Telford International Company Limited
(2) Fong's Logistics Limited
(3) Richmen Enterprises Limited
(4) Star Vision International Ltd
(5) Telford (China) Company Limited
(6) Wing Tai Liquor & Fruit Company Limited
(7) Migo (HK) Ltd.
(8) Telford International Enterprise Limited
(9) Telford Wine & Spirits (China) Limited
(10) Fortune Hope International Limited
(11) Telford International Industries Limited
(12) Eminent Leader Limited (BVI)
(13) Eminent Dragon Limited (BVI)
(14) Telford Macau Limited
(15) Jessop Management Limited (BVI)
(16) Allied Bottling Company 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 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
The Company will make arrangements for Mr Fong to undergo necessary training.