Change - Announcement of Appointment::Appointment of Chng Hee Kok as Independent Director

Issuer & Securities

Issuer/ Manager
DEBAO PROPERTY DEVELOPMENT LTD.
Securities
DEBAO PROPERTY DEVELOPMENT LTD - SG1CH6000001 - BTF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Apr-2022 18:48:48
Status
New
Announcement Sub Title
Appointment of Chng Hee Kok as Independent Director
Announcement Reference
SG220401OTHRY22V
Submitted By (Co./ Ind. Name)
Zhong Yuzhao
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Chng Hee Kok as Independent Director.

Additional Details

Date Of Appointment
01/04/2022
Name Of Person
Chng Hee Kok
Age
73
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee, after evaluating Mr Chng Hee Kok's ("Mr Chng") qualification and work experience, has recommended the appointment of Mr Chng as an Independent Director of the Company. The Board of Directors has accepted the recommendation of the Nominating Committee and approved his appointment.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration Committee.
Professional qualifications
Bachelor of Engineering (1st Class Honours), National University of Singapore
Master of Business Administration, National University of Singapore
Program for Executive Development, International Institute for Management Development, Switzerland
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
None.
Conflict of interests (including any competing business)
None.
Working experience and occupation(s) during the past 10 years
2008 to 2010: Executive Director and Chief Executive Officer of Hartawan Holdings Ltd

2010 to 2011: Executive Director of HG Metal Manufacturing Ltd

2012 to 2016: Executive Director and Managing Director of LH Group 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. China Flexible Packaging Holding Limited
2. Pacific Star Development Limited (formerly known as LH Group Limited)
3. Pacific Century Regional Developments Limited
4. Sino-American Tours Corporation Pte Ltd
5. Rich Capital Holdings Limited (formerly known as Infinio Group Limited)
6. Ellipsiz Ltd
7. Samudera Shipping Line Ltd
8. KTL Global Limited
Present
1. Full Apex (Holdings) Limited
2. Luxking Group Holdings Limited
3. United Food Holdings Limited
4. The Place Holdings Ltd
5. Blackgold Natural Resources Limited
6. Metech International 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?
Yes
If Yes, Please provide full details
Please refer to the attached Appendix A.
(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?
Yes
If Yes, Please provide full details
Mr Chng was fined S$5,000 in August 2007 under section 156 of the Companies Act 1967 and was given warning under section 28(B)(b) of the Prevention of Corruption Act 1960.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
1. Full Apex (Holdings) Limited
2. Luxking Group Holdings Limited
3. United Food Holdings Limited
4. The Place Holdings Ltd
5. Blackgold Natural Resources Limited
6. Metech International Limited
7. Sandpiper Digital Payment AG
8. Samudera Shipping Line Ltd
9. Ellipsiz Ltd
10. KTL Global Limited
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)
Mr Chng has extensive experience as a director of listed companies. See above.

Attachments

Announcement - Appointment of Independent Director_Appendix A.pdf
Total size =95K