Change - Announcement of Appointment::Appointment of Lead Independent Director

Issuer & Securities

Issuer/ Manager
SINO GRANDNESS FOOD INDUSTRY GROUP LIMITED
Securities
SINO GRANDNESS FOOD IND GP LTD - SG2G19997136 - T4B
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Dec-2019 02:05:29
Status
New
Announcement Sub Title
Appointment of Lead Independent Director
Announcement Reference
SG191225OTHRX3WO
Submitted By (Co./ Ind. Name)
HUANG YUPENG
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Prof. Ling Chung Yee, Roy as the Lead Independent Director of the Company with effect from 24 December 2019.

Additional Details

Date Of Appointment
24/12/2019
Name Of Person
Ling Chung Yee, Roy
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 Nominating Committee has recommended the appointment of Prof. Ling Chung Yee, Roy as the Lead Independent Director and the Board of Directors has approved his appointment based on his qualifications and work experience.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive Independent Director
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman and Audit and Remuneration Committees and a member of Nominating Committee
Professional qualifications
2010: INSEAD - Global EMBA
2003: CFA Institute - Chartered Financial Analyst
2001: The National University of Singapore - BBA (Hons)
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
2011 to Present: RL Capital Management - Managing Director
2008 to 2010: JPMorgan - Asia Real Estate Investment Banking
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)
Pine Capital Group Ltd
Advance Capital Partners Asset Management Pte Ltd
BSDCN Pte Ltd
TAP Private Equity Pte Ltd
TAP Venture Fund 1 Pte Ltd
Arion Entertainment Singapore Ltd
Chaswood Resources Holdings Ltd
China Flexible Packaging Holdings Ltd
ChinaSing Investment Holdings Ltd
Aquaint Capital Holdings Ltd
JES International Holdings Ltd
Present
Derong Real Estate Holdings Pte Ltd
Dynamic Real Estate Holdings Pte Ltd
Amplefield Ltd
Debao Property Development Ltd
Ace Achieve Infocom Ltd
United Food Holdings Ltd
Ley Choon Group Holdings Ltd
Vingroup JSC
(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?
Yes
If Yes, Please provide details of prior experience
Prof. Ling Chung Yee, Roy is currently an independent director of Debao Property Development Ltd., Ace Achieve Infocom Ltd., Amplefield Ltd., United Food Holdings Ltd. and Ley Choon Group Holdings Ltd.
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.