Change - Announcement of Appointment::Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
CRAFT PRINT INTERNATIONAL LIMITED.
Securities
CRAFT PRINT INTERNATIONAL LTD - SG1I02877971 - 541
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Sep-2014 22:14:04
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG140925OTHRBY0B
Submitted By (Co./ Ind. Name)
Yeo Poh Noi Caroline
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Director


Note:

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement.

This announcement 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 Ng Joo Khin:
Tel: 6389 3000 Email: jookhin.ng@stamfordlaw.com.sg

Additional Details

Date Of Appointment
25/09/2014
Name Of Person
Sam Kok Yin
Age
39
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board having considered the recommendation of the Nominating Committee and assessed Mr Sam Kok Yin's qualifications and experience, is of the view that he has the requisite experience and capabilities to assume the duties and responsibilities as an Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Yes. Mr Sam is responsible for the overall business operations and management of the Group's business, particularly in investment-related matters.
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
Mr Sam Kok Yin is the spouse of Ms Tan Hui Har who is a substantial shareholder of the Company.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Sam Kok Yin (SAM) started his career as a practicing Advocate and Solicitor with Rajah & Tann LLP in 2000. In 2003, he left to join Yeo Wee Kiong Law Corporation where he was made a director in 2004. He also headed the China Practice at Yeo Wee Kiong Law Corporation until he left practice on 31 March 2007. His main areas of practice included corporate finance, mergers and acquisitions, and general corporate work and he had been involved in several initial public offerings, reverse takeovers, investment deals and other capital markets related transactions. In 2004, SAM was appointed as a Singapore-China Young Business Ambassador as part of a program organised by the Singapore International Foundation and spent 10 weeks in Shanghai as part of the exchange program. From 2009 to July 2010, SAM was a partner at Colin Ng & Partners LLP. From February 2011 to December 2011, Sam was the Deputy Chairman and chief executive officer of Sun East Group Limited, a company listed on the mainboard of the SGX-ST. SAM is involved and experienced in various listings, merger and acquisitions, white knight rescues and other corporate exercises. Currently, SAM is a director of Emfore Capital Partners Pte Ltd, an investment holding company.

SAM obtained his honours degree in law from the National University of Singapore in 2000 under an Overseas Union Bank scholarship. He was called to the Singapore Bar in 2001. He was ranked in first position in the postgraduate Practical Law Course organised by the Board of Legal Education and awarded the Aw Boon Haw and Aw Boon Par Memorial Prize.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Sam Kok Yin is deemed interested in 159,000 Shares held by his wife, Ms Tan Hui Har, and 10,000,000 Shares allotted to Ms Tan Hui Har upon completion of the Placement. He also holds S$4,750,000 in Bonds and has a Call Option to subscribe for 71,250,000 shares. Please refer to the Company's circular dated 3 September 2014.
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)
1. Perennial Advisory Pte. Ltd.
2. Feixiang Holdings Private Limited
3. China Sports International Limited
4. Metax Engineering Corp Limited
5. Sun East Group Limited (now known as CEFC International Limited)
6. Dapai International Holdings Co. Ltd
Present
1. Asiacap Management Pte. Ltd.
2. Emfore Asia Growth Fund I (Singapore) Ltd.
3. Perennial Capital Limited
4. Emfore Capital Partners 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
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
Yes
1. China Sports International Limited
2. Metax Engineering Corp Limited
3. Sun East Group Limited (now known as CEFC International Limited)
4. Dapai International Holdings Co. Ltd