Change - Announcement of Appointment::APPOINTMENT OF DIRECTOR

Issuer & Securities

Issuer/ Manager
IMPERIUM CROWN LIMITED
Securities
IMPERIUM CROWN LIMITED - SG1S82928544 - 5HT
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Jun-2016 23:52:57
Status
New
Announcement Sub Title
APPOINTMENT OF DIRECTOR
Announcement Reference
SG160630OTHR7KO3
Submitted By (Co./ Ind. Name)
Wong Chuen Shya (Huang Chunxia)
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The resolution relating to the appointment of Mr Chen Yeow Sin was approved by the shareholders of the Company at the Extraordinary General Meeting which was called by 2 shareholders of the Company pursuant to Section 177 of the Companies Act Cap. 50 and held on 30 June 2016.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist ("Catalist Rules"). The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

As required by the SGX-ST, the Sponsor will, in accordance with Rule 226(2)(d) and Practice Note 2C (5)(a) of the Catalist Rules, assess the suitability of the newly appointed directors together with the Company following the changes in the Board of Directors at the Extraordinary General Meeting of the Company held on 30 June 2016. The Company will update Shareholders if there are material adverse findings subsequent thereto.

The contact person for the Sponsor is Ms Jennifer Tan, Senior Manager, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088.

Additional Details

Date Of Appointment
30/06/2016
Name Of Person
Chen Yeow Sin
Age
54
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The resolution relating to the appointment of Mr Chen Yeow Sin was approved by the shareholders of the Company at the Extraordinary General Meeting which was called by 2 shareholders of the Company pursuant to Section 177 of the Companies Act Cap. 50 and held on 30 June 2016.
Whether appointment is executive, and if so, the area of responsibility
to be updated in due course
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
2012 - current - Managing Director, One Partnership Public Accounting Corporation
2000 - 2011 - Audit Partner, RT LLP (formerly known as LTC and Associates)
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)
(i) Yield Brights Pte Ltd
(ii) Novatera Pte Ltd
(iii) Nix Holdings (S) Pte Ltd
(iv) LeoPalace21 Singapore Pte Ltd
(v) Global Linen Pte Ltd
(vi) North ShunZhi Pte Ltd
(vii) Somerset Zhongguanun (S) Pte Ltd
(viii) Partner of RT LLP (formerly known as LTC and ASSOCIATES LLP)
Present
(i) One Partnership Public Accounting Corporation
(ii) One Consulting Group Pte. Ltd.
(iii) One Tax Services Pte. Ltd.
(iv) One e-Risk Services Pte. Ltd.
(v) One Outsourcing Pte. Ltd.
(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?
Yes
If Yes, Please provide details of prior experience
(i) Metax Engineering Limited
(ii) Sintra Holdings Limited