Change - Announcement of Appointment::APPOINTMENT OF NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
DAPAI INTL HLDG CO. LTD.
Securities
DAPAI INTL HLDG CO. LTD. - BMG2656V1072 - FP1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Mar-2016 17:15:34
Status
New
Announcement Sub Title
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
Announcement Reference
SG160301OTHR0J08
Submitted By (Co./ Ind. Name)
Chen Xizhong
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive Director.

Additional Details

Date Of Appointment
01/03/2016
Name Of Person
Fong Pin Jan
Age
42
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board had reviewed the qualification and experience of Mr Fong Pin Jan and approved his appointment as a Non-Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
No. Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
May 2015 to current
Executive Director of Nico Steel Holdings Limited - business development

July 2009 to current
Founder of True Corporate Advisory Pte. Ltd. - private equity investments and financial corporate advisory services.

June 2010 to January 2013
CFO of Daqing Diary Limited, a company listed on the Hong Kong Stock Exchange

April 2010 to April 2012
Non-Executive Director of Sino Construction Limited, a company listed on the SGX.

July 2009 to April 2010
CFO of Sino Construction Limited, a company listed on the SGX - in charge of reporting, accounting, financial investment reviews and taxation advisory of the Group.

October 2007 to September 2008
CFO, Chiaus International Holdings Co., Ltd, a company incorporated in the Hong Kong SAR, preparing for a listing on a regional exchange.

July 1998 to October 2007
Senior Manager IPO Team, Ernst & Young - provides auditing, taxation, accounting and restructuring and act as reporting accountants to companies seeking listing on SGX and other regional exchanges.
Shareholding interest in the listed issuer and its subsidiaries?
No
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)
Daqing Diary Limited
Global Milk Products Limited
Sino Construction Limited
Art Discovered Pte Ltd
The Art Fellas Gallery Pte Ltd
Present
Nico Steel Holdings Limited
True Corporate Advisors Pte Ltd
The Art Fellas 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
Yes
If Yes, Please provide full details
Mr Daniel Fong was an executive director and CFO of Daqing Diary Limited (DDL) a company listed on the HK Exchange.

In or around March 2012, the auditors of DDL raised several issues in respect of certain milk, farm houses and cattle procurement transactions entered into DDL's subsidiaries in the Peoples' Republic of China.

Mr Daniel Fong was subsequently requested by the HK Securities and Futures Commission (HKFC) to attend an interview and assist them in their investigation into these transactions. To date, to the best of his information and knowledge, no further action has been taken by the HK SFC against the DDL, and Mr Daniel Fong have not been requested by the HKFC to attend any further interviews.

The shares of DDL have been suspended since March 2012.
(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
Please see (j) (i) above.
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide details of prior experience
Nico Steel Holdings Limited
Daqing Dairy Limited
Sino Construction Limited