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

Issuer & Securities

Issuer/ Manager
ALPHA DX GROUP LIMITED
Securities
ALPHA DX GROUP LTD - SGXE43564132 - VVL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-Aug-2022 23:24:40
Status
New
Announcement Sub Title
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG220812OTHROB1J
Submitted By (Co./ Ind. Name)
Lim Kok Meng
Designation
Company Secretary
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, Evolve Capital Advisory Private Limited. It has not been examined or approved by the Exchange and the Exchange assumes 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 Jerry Chua, Registered Professional, at 138 Robinson Road, Oxley Tower, #13-02, Singapore 068906, Telephone (65) 6241 6626.

Additional Details

Date Of Appointment
12/08/2022
Name Of Person
Chan Kam Loon
Age
62
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
In line with the Notice of Compliance dated 10 March 2022 issued by the Singapore Exchange Regulation (the "SGX RegCo"), the Company was directed by SGX RegCo to, amongst others, appoint new independent directors to the Board of the Company, and to obtain the prior approval of the SGX RegCo prior to such appointments. The Nominating Committee (the "NC") of the Company, having assessed Mr Chan's qualifications, experience and present commitments, is of the view that Mr Chan is suitable and possesses the relevant experience to be appointed as an Independent Non-Executive Director of the Company, the Chairman of the Audit Committee ("AC") and a member of the NC.

The Company had also on 4 August 2022 received approval from the SGX RegCo for the appointment of Mr Chan as an Independent Non-Executive Director, subject to disclosure by the Company of the NC's and Sponsor's assessment and basis on the suitability of Mr Chan as part of the Company's announcement on his appointment. The same has been set out separately in this same announcement. Please refer to the attachment.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the AC and a member of the NC
Professional qualifications
Degree in Accounting and Finance, London School of Economics, University of London
Member of the Institute of Chartered Accountants of England and Wales
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
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Professional Independent Director of several companies listed on the SGX-ST
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)
Hupsteel Ltd
DLF Holdings Ltd
Sarine Technologies Ltd
Present
Uni-Asia Group Limited
Megachem Ltd
Jiutian Chemical Group 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
Present:-
Independent Non-Executive Director of
(1) Uni-Asia Group Limited;
(2) Jiutian Chemical Group Limited;
(3) Megachem Limited.

Past:-
Independent Non-Executive Director of
(1) Hupsteel Ltd,
(2) DLF Holdings Ltd,
(3) Sarine Technologies Ltd

Attachments

Assessment - CKL - 1.pdf
Total size =36K