Change - Announcement of Appointment::Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
SUNRISE SHARES HOLDINGS LTD.
Securities
SUNRISE SHARES HOLDINGS LTD. - SG0581008505 - 581
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-Sep-2019 17:37:49
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG190912OTHRX3GO
Submitted By (Co./ Ind. Name)
Zhang Zhi Liang
Designation
Executive Director and Chief Executive Officer
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, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

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 Ms. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd., at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 6636 4201.

Additional Details

Date Of Appointment
13/09/2019
Name Of Person
Wong Siu Fai
Age
59
Country Of Principal Residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The board of directors ("Board" or "Directors") and the Nominating Committee of the Company, having assessed Mr. Wong's work experience and competencies, are of the view that Mr Wong's appointment as an Executive Director will enhance the core competencies of the Board and will be beneficial to the Board and to the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Mr. Wong is responsible for exploring overseas business opportunities and overseeing the asset management segment of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Professional qualifications
Nil
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
Mr. Wong is the controlling shareholder of the Company, father of Ms. Huang Anna Yi (Non-Executive Non-Independent Director of the Company) and Ms. Huang Angela On Yee (Vice President of the Company) and paternal uncle of Mr. Huang Rui (Vice President of the Company).
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
March 1993 to Current
Guangdong Sunrise Group Limited
Senior Adviser
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?
Yes
Shareholding Details
Mr. Wong is the controlling shareholder of the Company. He has direct interest of 45,351,537 shares of the Company and is deemed interested in 61,012,815 shares of the Company held by Sunrise Wealth Management Pte. Ltd. through his 100% indirect interest in the issued share capital of Sunrise Wealth Management Pte. Ltd..
# 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)
Union Gate Limited
August 2014 to August 2018
Director

H Wealth Management Co. Limited
March 2017 to May 2018
Director

Wealth Investment & Development Limited
February 2010 to December 2017
Director

China Channel Technologies Limited
February 2010 to November 2017
Director
Present
LC International Holdings Pte. Ltd.
June 2017 to Present
Director

Sunrise Wealth Management Pte. Ltd.
November 2011 to Present
Director

Hong Kong Sunrise Wealth Management Company Limited
September 2015 to Present
Director

Hong Kong Sunrise Group Holdings Limited
September 2016 to Present
Director

Aim Billion Investments Ltd
January 2017 to Present
Director

Prosperity Luck Overseas Inc.
October 2012 to Present
Director

Selton International Limited
May 2012 to Present
Director

Lion City Worldwide Limited
September 2016 to Present
Director

Sunrise Investment Management Pte. Ltd.
February 2018 to Present
Director

H Asset Management Co. Limited
July 2017 to Present
Director

Zhonglin Investment Pte. Ltd.
December 2017 to Present
Director
(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
Pursuant to Rule 406(3)(a) of the Catalist Rules, the Company will arrange for Mr Wong to attend the relevant training as prescribed under Practice Note 4D of the Catalist Rules.