Change - Announcement of Appointment::RE-DESIGNATION OF NON-EXECUTIVE CHAIRMAN TO EXECUTIVE CHAIRMAN

Issuer & Securities

Issuer/ Manager
CHINA INTERNATIONAL HOLDINGS LIMITED
Securities
CHINA INTERNATIONAL HLDGS LTD - BMG2113G1151 - BEH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Apr-2024 18:13:24
Status
New
Announcement Sub Title
RE-DESIGNATION OF NON-EXECUTIVE CHAIRMAN TO EXECUTIVE CHAIRMAN
Announcement Reference
SG240430OTHRGXZ2
Submitted By (Co./ Ind. Name)
Lee Wei Hsiung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Re-designation of Non-Executive Chairman to Executive Chairman.

Additional Details

Date Of Appointment
01/05/2024
Name Of Person
Shan Chang
Age
62
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Shan Chang ("Mr Shan") is currently the Non-Executive Chairman of the Company. Following the resignation of Mr Zhang Rongxiang as Executive Director of the Company, the retirement of Mr Chee Teck Kwong Patrick as Independent Director at the Company's annual general meeting, the Nominating Committee ("NC") considered the composition of the board size and diversity and proposed Mr Shan to be re-designated as the Executive Chairman of the Company.

The Board, having considered the recommendations of the NC and assessed, among others, the qualifications, expertise, work experience and overall contribution of Mr Shan to the Company, is of the view that Mr Shan possesses the requisite experience and capabilities to assume the duties and additional responsibilities as Executive Chairman of the Company.

Accordingly, the Board approved the re-designation of Mr Shan as an Executive Chairman of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive - Mr Shan is responsible for the formulation and implementation of the Company's overall development strategy, supervision and management of the Company's senior management team, and also responsible for the Company's information disclosure duties and ESG matters, enhancing and playing a key leadership role of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and a Member of the Nominating Committee
Professional qualifications
- Executive Master of Business Administration degree from the Tsinghua University;
- Master of Science degree in Engineering from the China Academy of Railway Science;
- Bachelor of Science degree in Engineering from the Tong Ji University;
- Professor of Engineering; and
- Registered Construction Engineer.
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
1997 to present:
Chairman of CIHL (Tianjin) Haihe Development Limited

2009 to 2019:
Chairman of CIGIS (China) Limited

1999 to present:
Chairman of China International Holdings Limited

1997 to present:
Legal representative of Beijing Zhongyuandatong Real Estate Development Company
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
70,000 Ordinary Shares
# 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)
- CIGIS (China) Limited
- CIHL Haimen (Tianjin) Enterprise Ltd
- Tianjin Bridge Investment Co., Ltd
Present
- China International Holdings Limited
- CIHL (Tianjin) City Development Limited
- China (Tianjin) Water Resources Limited
- CIHL Development Limited
- Pinnacle China Limited
- MKS Equities Limited
- CIHL (Tianjin) Haihe Development Co., Ltd
- Zhongxiang (Tianjin) Bridge Construction Co., Ltd
- Zhongxiang (Tianjin) Road and Bridge Construction Co., Ltd
- Beijing Zhongyuandatong Real Estate Development Co., 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
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
Mr Shan Chang was a Non-Independent Non-Executive Director of the Company before he is re-designated as the Executive Chairman of the Company on 1 May 2024.
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