Change - Announcement of Appointment::APPOINTMENT OF MANAGER OF SUBSIDIARY WHO IS A RELATIVE OF A DIRECTOR, CEO OR SUBSTANTIAL SHAREHOLDER

Issuer & Securities

Issuer/ Manager
HTL INTERNATIONAL HOLDINGS LIMITED
Securities
HTL INT'L HOLDINGS LIMITED - SG1A48000743 - H64
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
24-Oct-2014 18:21:33
Status
New
Announcement Sub Title
APPOINTMENT OF MANAGER OF SUBSIDIARY WHO IS A RELATIVE OF A DIRECTOR, CEO OR SUBSTANTIAL SHAREHOLDER
Announcement Reference
SG141024OTHR6K3T
Submitted By (Co./ Ind. Name)
Jacqueline Loke
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Promotion of Gabriel Ho Sian Hua to General Manager, Canada, Latin America and USA of HTL Manufacturing Pte Ltd, a subsidiary of the Company.

Additional Details

Date Of Appointment
21/10/2014
Name Of Person
Gabriel Ho Sian Hua
Age
38
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
In order to strengthen its sales network in Canada, Latin America and the USA and the operational management of the Group's USA office, Management of HTL Furniture Inc, has proposed that a new position of General Manager, Canada, Latin America and USA be created within HTL Manufacturing Pte Ltd to manage commercial activities in the Latin American, American and Canadian markets. The Board has accepted Management's proposal and it has been determined that the general manager, Canada, Latin America and USA's key functions will include overseeing sofa sales in Canada, Latin America and the USA as well as overseeing the Group's USA operations including its profit and loss.

Gabriel Ho Sian Hua has worked within the Group since 2004 and has held the position of Regional Sales Manager since 2012. As a Regional Sales Manager, his responsibilities included providing sales and service support for HTL Furniture Inc in the Latin American, American and Canadian markets and managing key customer accounts in the region.

Having regard to Gabriel Ho's knowledge and experience in the sofa industry in Canada, Latin America and the USA, the Board is of the view that he is a suitable candidate for the role of General Manager, Canada, Latin America and USA.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Gabriel Ho will be responsible for managing the Group's sofa sales in the Latin American, American and Canadian markets as well as managing the USA operations.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager, Canada, Latin America and USA of HTL Manufacturing Pte Ltd
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Gabriel Ho Sian Hua is the son-in-law of the Group Managing Director, Phua Yong Tat, and the nephew-in-law of the Deputy Group Chairman, Phua Yong Sin and Group Chairman Phua Yong Pin. Phua Yong Pin, Phua Yong Sin and Phua Yong Tat are also substantial shareholders of the Company.
Conflict of interests (including any competing business)
NA
Working experience and occupation(s) during the past 10 years
2004 - 2005: Sales Executive at Trends Leather Pte Ltd, a wholly-owned subsidiary of the Company.
Responsible for leather hide sales.

2006 - 2007: Sales Executive
Provided sales and service support for Hwa Tat Lee Japan Co., Ltd as well as key accounts in the Japan market.

2007 - 2008: Sales Executive
Provided sales and service support for HTL Furniture Inc in the USA market.

2009 - 2012: Area Sales Manager
Provided sales and service support for HTL Furniture Inc, and handled key customer accounts in the USA.

2012 - Current: Providing sales and service support for HTL Furniture Inc and handling key customer accounts in the Latin American, American and Canadian markets.
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)
NA
Present
NA
(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 a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
NA