Change - Announcement of Appointment::Appointment of Group Deputy CEO

Issuer & Securities

Issuer/ Manager
G.H.Y CULTURE & MEDIA HOLDING CO., LIMITED
Securities
GHY CULTURE&MEDIA HLDG CO LTD - KYG3452A1076 - XJB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
14-May-2021 21:02:07
Status
New
Announcement Sub Title
Appointment of Group Deputy CEO
Announcement Reference
SG210514OTHR9R2A
Submitted By (Co./ Ind. Name)
Guo Jingyu
Designation
Executive Chairman & Group CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Ms Lian Lee Lee as the Group Deputy Chief Executive Officer.

DBS Bank Ltd. and UOB Kay Hian Private Limited are the joint
issue managers and global coordinators (the "Joint Issue Managers
and Global Coordinators") for the initial public offering of shares in,
and listing of, G.H.Y Culture & Media Holding Co., Limited on the
Main Board of the Singapore Exchange Securities Trading Limited.

The Joint Issue Managers and Global Coordinators assume no
responsibility for the contents of this announcement.

Additional Details

Date Of Appointment
14/05/2021
Name Of Person
Lian Lee Lee
Age
50
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The members of the Nominating Committee had (i) reviewed Ms Lian's curriculum vitae and conducted an interview with Ms Lian; (ii) taken into account her experience, expertise and knowledge in the business of media and entertainment, are satisfied that she possesses the relevant experience, expertise, qualification, character and integrity to perform the role as the Deputy Chief Executive Officer of the Group, and (iii) assessed that Ms Lian acts independently and does not act under the direction, control or influence of any party, including Mr John Ho, a substantial shareholder of the Company and is further, not a nominee of any party, including Mr John Ho. The Nominating Committee thus recommended the appointment of Ms Lian as Deputy Chief Executive Officer of the Group to the Board of Directors for approval.

The Board of the Company, having reviewed Ms Lian's curriculum vitae, and taking into consideration the recommendation of the members of the Nominating Committee, is satisfied that she possesses the relevant experience, expertise, qualification, character and integrity to perform the role as the Deputy Chief Executive Officer of the Group.
Whether appointment is executive, and if so, the area of responsibility
Executive.

Ms Lian's role would be to work closely with the Executive Chairman and Group CEO and the Executive Directors to support the development and implementation of business strategies for the Group to achieve its corporate objectives and maximise long-term shareholder value. Ms Lian will also provide strategic leadership to the Company in the execution of growth and diversification strategies, in order to further expand the Group's geographical footprint in Southeast Asia.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chief Executive Officer of the Group
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
Yes
Ms Lian is the spouse of Mr John Ho, a substantial shareholder of the Company.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
March 2011-June 2011: Non-Executive Director of Scorpio East Holdings Ltd.

April 2014-August 2017: Events Directors of Multimedia Entertainment Pte. Ltd.

September 2017-June 2018: Executive Director of G.H.Y Culture & Media (Singapore) Pte. Ltd. (formerly known as Perfect World Pictures Singapore Pte. Ltd.)

July 2018-October 2019: Events Director of Bestin Entertainment Pte. Ltd.

November 2019-March 2020: Executive Director of G.H.Y Culture & Media (Singapore) Pte. Ltd. (formerly known as Perfect World Pictures Singapore Pte. Ltd.)
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
Direct interest of 30,000,000 shares in the Company.
# 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)
September 2017-June 2018: Executive Director of G.H.Y Culture & Media (Singapore) Pte. Ltd. (formerly known as Perfect World Pictures Singapore Pte. Ltd.)

November 2019-March 2020: Executive Director of G.H.Y Culture & Media (Singapore) Pte. Ltd. (formerly known as Perfect World Pictures
Singapore Pte. Ltd.)
Present
NA
(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
Yes
If Yes, Please provide full details
Ms Lian was an executive director of Scorpio East Holdings Ltd. ("Scorpio East") from March 2003 to March 2011, and was re-designated as a non-executive director from March 2011 to June 2011. Certain disciplinary actions were taken by SGX-ST against Scorpio East and certain of its directors (which did not include Ms Lian) in October 2011.
(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?
Yes
If Yes, Please provide details of prior experience
Not applicable as this appointment does not relate to an appointment of a director