Change - Announcement of Appointment::Promotion of Chief Strategy Officer to Chief Executive Officer, Construction Business

Issuer & Securities

Issuer/ Manager
SOILBUILD CONSTRUCTION GROUP LTD.
Securities
SOILBUILD CONSTRUCTION GRP LTD - SG2F78993043 - S7P
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Feb-2023 17:19:49
Status
New
Announcement Sub Title
Promotion of Chief Strategy Officer to Chief Executive Officer, Construction Business
Announcement Reference
SG230201OTHRZKRQ
Submitted By (Co./ Ind. Name)
Lim Han Ren
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Promotion of Mr Ong Eng Hwa from Chief Strategy Officer to Chief Executive Officer, Construction Business

Additional Details

Date Of Appointment
01/02/2023
Name Of Person
Ong Eng Hwa
Age
57
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)
The Board of Directors of the Company, having considered the recommendation of the Nominating Committee and having reviewed and considered Mr Ong's qualifications and work experience, are of the view that Mr Ong possessed the requisite experience and capabilities to assume the responsibilities of Chief Executive Officer, Construction Business of the Company and the Group. Accordingly, the Nominating Committee recommended, and the Board has approved, the promotion of Mr Ong from Chief Strategy Officer to Chief Executive Officer, Construction Business.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Upon his promotion to Chief Executive Officer, Construction Business, Mr Ong will oversee the day-to-day operations of the construction business and is responsible for implementing the Company and the Group's strategies and policies.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer, Construction Business
Professional qualifications
Mr Ong obtained his Bachelor of Science (Honours) in Building from the National University of Singapore in 1991.
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
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
2022 to 2023: Chief Strategy Officer at Soilbuild Construction Group Ltd.
2019 to 2022: Head of Building at Gammon Pte. Limited
2016 to 2018: Project Director at CHH Construction System Pte. Ltd.
2015 to 2016: Chief Operating Officer at ACP Construction Pte. Ltd.
1994 to 2016: Various roles with last appointment being Project Director (Business Unit Head) at Tiong Seng Contractors (Private) Limited.
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)
Not applicable
Present
Not applicable
(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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Not applicable
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)
Not applicable