Change - Announcement of Appointment::Appointment of Group Sales and Business Development Director

Issuer & Securities

Issuer/ Manager
HEATEC JIETONG HOLDINGS LTD.
Securities
HEATEC JIETONG HOLDINGS LTD. - SG1Y31945526 - 5OR

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Jul-2014 20:13:54
Status
New
Announcement Sub Title
Appointment of Group Sales and Business Development Director
Announcement Reference
SG140701OTHRNGEV
Submitted By (Co./ Ind. Name)
Johnny Soon
Designation
Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
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 relevant rules of the Singapore Exchange Securities Trading Limited (the "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 Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street, #21-02 Equity Plaza, Singapore 049705, Telephone: (65) 6229 8088.

Additional Details

Date Of Appointment
01/07/2014
Name Of Person
Soon Jeffrey
Age
33
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, having reviewed and considered the qualification and performance of Mr Soon Jeffrey and upon the recommendation of the Nominating Committee of the Company, has approved the promotion of Mr Soon Jeffrey as Group Sales and Business Development Director of Heatec Jietong Pte. Ltd., a wholly-owned subsidiary of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Soon Jeffrey is responsible for the Group's sales activities, as well as the Group's ad-hoc research initiative and business development.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Sales and Business Development Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Son of Mr Soon Yeow Kwee Johnny, the Executive Chairman and Chief Executive Officer of the Company.
Conflict of interests (including any competing business)
No.
Working experience and occupation(s) during the past 10 years
Heatec Jietong Pte Ltd:
May 2005 to January 2006 - Project Engineer
February 2006 to January 2011 - Operations Manager
February 2011 to July 2012 - Business Development and Sales Manager
August 2012 to July 2013 - Senior Business Development and Sales Manager
August 2013 to June 2014 - General Manager (Sales & Operations)
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1,100,000 ordinary shares in the Company.
Other Directorships
# 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
Heatec Oilfield Services Pte. Ltd., Chem Grow Services Pte. Ltd., Chem-Grow Pte. Ltd., Chem Grow Engineering Pte. Ltd., Karnot Technology 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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
No
If Yes, Please provide full details
Not applicable, as Mr Soon Jeffrey is not appointed to the Company's board of directors.