REPL::Change - Announcement of Appointment::Appointment of Interim Chief Executive Officer
Issuer & Securities
Issuer/ Manager
CHEMICAL INDUSTRIES (FAR EAST) LIMITED.
Securities
CHEMICAL INDUSTRIES (F.E.) LTD - SG1B37000984 - C05
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
13-Oct-2021 17:57:27
Status
Replacement
Announcement Sub Title
Appointment of Interim Chief Executive Officer
Announcement Reference
SG210928OTHR9B88
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement replaces the earlier one dated 28 September 2021. On the question relating to any prior experience as a director of an issuer listed on the Exchange, the response is correctly indicated as yes in the replacement announcement.
Additional Details
Date Of Appointment
01/10/2021
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 Board of Directors approved the appointment of Mr Chng Hee Kok on the recommendation of the Nominating Committee which has reviewed and considered his background, qualifications, and experience.
Please refer to the Company's general announcement dated 28 September 2021 on the changes to board of directors and corporate management for more details.
Whether appointment is executive, and if so, the area of responsibility
Executive. Responsible for the operations of the Company.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Interim Chief Executive Officer
Professional qualifications
a) University of Singapore, Bachelor of Engineering (1st Class Hon)
b) National University of Singapore, MBA
c) IMD Lausanne Switzerland, Program for Executive Development
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
Nil
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
MD LH Group Ltd
Architecture aluminium in construction industry
HG Metals Manufacturing Ltd
Trading of industrial steel products
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)
LH Group Ltd
Present
Luxking Holdings Ltd
United Food Holdings Ltd
The Place Holdings Ltd
Blackgold Natural Resources Ltd
Metech International Ltd
KTL Global Ltd
Ellipsiz Ltd (retiring in Oct 2021)
Full Apex Holdings Ltd (undergoing de-listing)
Rational Pricing Technologies Pte Ltd
Sandpiper Digital Payment AG
(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?
Yes
If Yes, Please provide full details
Mr Chng was fined S$5,000 in August 2007 under section 156 of the Companies Act Chapter 50 and was given a warning under section 28(B)(b) of the Prevention of Corruption Act, Chapter 241
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr Chng is currently a director of the following listed companies:
Luxking Group Holdings Ltd
United Food Holdings Limited
The Place Holdings Limited
Blackgold Natural Resources Ltd
Metech International Ltd
KTL Global Limited
Ellipsiz Ltd (retiring in Oct 2021)
Full Apex Holdings Ltd (undergoing de-listing)
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)
N.A.
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