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

Issuer & Securities

Issuer/ Manager
SINGAPORE EDEVELOPMENT LIMITED
Securities
SINGAPORE EDEVELOPMENT LTD - SG1AE2000006 - 40V
SINGAPORE EDEV LTD W161230 - SG30E6000009 - 40XW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-Jan-2016 17:20:30
Status
New
Announcement Sub Title
ANNOUNCEMENT OF APPOINTMENT OF EXECUTIVE DIRECTOR
Announcement Reference
SG160112OTHRQE6X
Submitted By (Co./ Ind. Name)
Chan Heng Fai
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 Hong Leong Finance Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by SGX-ST. The Sponsor and the SGX-ST assume 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 Mr Tang Yeng Yuen, VP, Head of Corporate Finance, Hong Leong Finance Limited, at 16 Raffles Quay, #40-01A Hong Leong Building, Singapore 048581, telephone: +65 6415-9886.

Additional Details

Date Of Appointment
12/01/2016
Name Of Person
CHAN TUNG MOE
Age
37
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Chan Tung Moe ("Mr Chan") has been nominated by the Nominating Committee for appointment as an Executive Director of the Company. The Nominating Committee, having reviewed Mr Chan's credentials, experience and capabilities, is satisfied that Mr Chan is suitable for appointment as an Executive Director of the Company.

After reviewing the recommendations of the Nominating Committee and Mr Chan's qualifications and experience (as set out below), the Board approved Mr Chan's appointment as an Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Chan shall have overall responsibility for the group's property development business.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Son of Mr Chan Heng Fai who is an Executive Director, the Chief Executive Officer, and controlling shareholder of the Company.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
The following core roles:

1. ZH International Holdings Limited - Group Chief Operating Officer
2. SingHaiyi Group Limited (Singapore) - Chief Development Officer, Director
3. RSI International Systems Inc. (Canada) - Director
4. Xpress Finance Limited (Hong Kong) - Chief Executive Officer, Director

Experience in the fields of property development, property investment, property management, project syndication, REIT establishment and management, hospitality, technology and finance.

Mr Chan has been the Group Chief Development Officer of the Group since 31 July 2015.
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)
Please see attached.
Present
Please see attached.
(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?
Yes
If Yes, Please provide full details
Was formerly a director of Xpress Travel Limited, a Japan ex-subsidiary of ZH International Holdings Limited. In 2008 the board of directors of Xpress Travel Limited filed a petition for the voluntary liquidation of the company. The voluntary liquidation process was completed in July 2010.
(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
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
1. Executive Director of - Singhaiyi Group Ltd. (Singapore)

2. Executive Director of - ZH International Holdings Limited (Hong Kong)

3. Non Executive Director of - RSI International Systems Inc. (Canada)

4. Taken a course conducted by Singapore Institute of Directors - Listed Company Directors Essentials

Attachments

SeD-ChanTungMoe-Directorship.pdf
Total size =33K