Change - Announcement of Appointment::Promotion as Chief Financial Officer

Issuer & Securities

Issuer/ Manager
KOP LIMITED
Securities
KOP LIMITED - SG2G85000005 - 5I1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
31-Mar-2020 18:32:29
Status
New
Announcement Sub Title
Promotion as Chief Financial Officer
Announcement Reference
SG200331OTHRHW12
Submitted By (Co./ Ind. Name)
Ong Chih Ching
Designation
Executive Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
Promotion of Financial Controller to Chief Financial Officer

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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. Khong Choun Mun, Registered Professional, RHT Capital Pte. Ltd., 9 Raffles Place, #29-01 Republic Plaza Tower 1, Singapore 048619, Telephone: (65) 6381 6966.

Additional Details

Date Of Appointment
01/04/2020
Name Of Person
Tan Tuan Kai
Age
37
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 having reviewed had considered Mr. Tan Tuan Kai's ("Mr. Tan") qualification, working experiences and his capabilities, is of the view that Mr. Tan is able to assume the role of the Chief Financial Officer.

The Board has approved the promotion of Mr. Tan from Financial Controller to Chief Financial Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Responsible for the corporate finance function of the Group and matters relating to accounting, financial administration and reporting obligations of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Professional qualifications
Mr. Joe Tan graduated with a Bachelor of Commerce Double Major in Professional Accounting and Finance from Murdoch University, Australia. He is a non-practicing member of the Institute of Singapore Chartered Accountants and member of CPA Australia.
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
NA
Conflict of interests (including any competing business)
NA
Working experience and occupation(s) during the past 10 years
June 2016 - present
KOP Limited - Financial Controller
- Responsible for the corporate finance function of the Group and matters relating to accounting, financial administration and reporting obligations of the Group.

November 2014 - May 2016
KOP Properties Pte Ltd - Group Senior Finance Manager
- Responsible for the full spectrum of financial and accounting functions, including financial accounting, management accounting, budgeting and forecasting, statutory reporting, internal controls and compliance with corporate, tax and accounting requirements.

April 2012 - October 2014
GKE Corporation Limited - Group Finance Manager
- Responsible for the full spectrum of financial and accounting functions, including financial accounting, management accounting, budgeting and forecasting, statutory reporting, internal controls and compliance with corporate, tax and accounting requirements.

October 2010 - April 2012
Ernst & Young LLP - Assurance Supervisor
- Provision of external audit services
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
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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)
Scorpio East Properties Pte. Ltd. (currently known as Cityneon Properties Pte. Ltd.)
Scorpio East Pictures Pte. Ltd. (struck off)
Scorpio East Productions Pte. Ltd. (struck off)
Scorpio East Entertainment Pte. Ltd. (Struck off)
Montigo Resorts Kazakhstan Pte. Ltd. (Struck off)
Aqua Voyage Pte. Ltd. (Struck off)
Present
Cafe Montigo Pte. Ltd.
Dalvey Breeze Development Pte. Ltd.
Dalvey Breeze Pte. Ltd.
Gramercy Properties Pte. Ltd.
Hayden Properties Pte. Ltd.
KOP Cecil Pte. Ltd.
KOP Group Pte. Ltd.
Kop Northern Lights Pte. Ltd.
KOP Properties Pte. Ltd.
KOP Properties Shanghai Operation and Management Pte. Ltd.
Montigo Nongsa Pte. Ltd.
Montigo Resorts Pte. Ltd.
Royce Properties Pte. Ltd.
Wintastar Concepts Pte. Ltd.
Wintastar Holdings Pte. Ltd.
Wintastar Operations Pte. Ltd.
Wintastar Real Estate Pte. Ltd.
WS Shanghai Operations Pte. Ltd.
P.T. Teguh Cipta Pratama
P.T. Montigo Seminyak
(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 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
Not applicable