Change - Announcement of Appointment::Appointment of Financial Controller

Issuer & Securities

Issuer/ Manager
SHANGHAI TURBO ENTERPRISES LTD
Securities
SHANGHAI TURBO ENTERPRISES LTD - KYG8064W1160 - AWM
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
16-Jan-2019 18:23:55
Status
New
Announcement Sub Title
Appointment of Financial Controller
Announcement Reference
SG190116OTHRNBLO
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Financial Controller of the Group

Additional Details

Date Of Appointment
16/01/2019
Name Of Person
Leow Siew Phaik
Age
45
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board and Audit Committee of the Company, having reviewed and considered Ms Leow Siew Phaik's qualifications and working experience, are of the view that Ms Leow possesses the requisite experience and capabilities to assume the responsibilities as the Financial Controller of the Group. Accordingly, the Audit Committee has recommended, and the Board has approved, the appointment of Ms Leow Siew Phaik as the Financial Controller of the Group.
Whether appointment is executive, and if so, the area of responsibility
Executive. Upon her appointment as Financial Controller of the Group, Ms Leow Siew Phaik will be responsible for the Group's financial and management accounting, and other corporate and regulatory compliance matters.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller of the Group
Professional qualifications
- Certified Company Secretary under Company Commissioners of Malaysia
- Chartered Accountant under Malaysia Institute of Accountants (MIA)
- Chartered Accountant of The Association of Chartered Certified Accountants (ACCA)
- Professional Member & Chartered Member of The Institute of Internal Auditors Malaysia (CMIIA)
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer 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
July 2016 - June 2017, Auditing & Finance Manager, United Business Media Media (M) Sdn Bhd, a subsidiary of UBM Plc in United Kingdom

April 2015 - April 2016, Financial Controller, Amanresorts International Pte Ltd, based in Lijiang, Yunnan, China

July 2014 - February 2015, Internal Audit Department Head, Teledata Singapore Ltd

November 2012 - May 2014, Internal Audit Department Head for VGO Corporation Ltd, Ossia International Ltd, Internet Technology Group Ltd

December 2010 - October 2012, Internal Audit Department Head for Muhibbah Engineering Berhad and Favellve Favco Berhad

November 2009 - May 2010, Country Financial Controller, Scomi Oiltools Ltd based in Turkmenistan under the Scomi Group Berhad in Malaysia

February 2008 - December 2008, Financial Controller, Amanresorts International Pte Ltd based in Beijing, China
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
Nil
(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 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
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)
Not applicable