Change - Announcement of Appointment::Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
ELLIPSIZ LTD
Securities
ELLIPSIZ LTD - SG1CA2000000 - BIX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-Feb-2016 17:40:15
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG160229OTHRYYDP
Submitted By (Co./ Ind. Name)
Melvin Chan Wai Leong
Designation
CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Director.

Additional Details

Date Of Appointment
01/03/2016
Name Of Person
Lum Wen-Sum Kelvin
Age
42
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee of the Company has reviewed the previous work experience and qualification of Mr Lum Wen-Sum Kelvin and has recommended his appointment to the Board as an Executive Director of the Company. The Board has considered the recommendations of the Nominating Committee and is of the view that it is appropriate to appoint him in an executive role for the management of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is an executve role and the responsibilities are to cover the business development and investment functions of the Group.
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 Lum Wen-Sum Kelvin is the son of Mr David Lum Kok Seng, who is a substantial shareholder of Ellipsiz Ltd.
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
Business Consultant, November 2015 to present.
Executive, LCD Global Investments Ltd (formerly known as L.C. Development Ltd), April 2015 to October 2015.
Managing Director, LCD Global Investments Ltd (formerly known as L.C. Development Ltd), August 2011 to April 2015.
Deputy Managing Director, LCD Global Investments Ltd (formerly known as L.C. Development Ltd), August 2010 to July 2011.
Executive Director, LCD Global Investments Ltd (formerly known as L.C. Development Ltd), May 2008 to August 2010.
Executive Director, L.C. Hotels Pte Ltd, August 2006 to July 2011.
Vice President, (Business Development) L.C. Hotels Pte Ltd, August 2002 to July 2006.
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)
1) LCD Global Investments Ltd (formerly known as L.C. Development Ltd)
2) L.C. (London) Ltd
3) Cityview Properly investment & Trading Limited
4) Gateway Enterprise Company Limited
5) LCD (Indochina) Pte Ltd
6) LCD (Vietnam) Pte Ltd
7) L.C. Hotels Pte Ltd
8) ZONE X Leisure Pte Ltd
9) L.C. Logistics Pte Ltd
10) LCD Property Management Pte Ltd
11) LCD Property Pte Ltd
12) Hillgate Investment Pte Ltd
13) Draycott Garden Pte Ltd
14) Cheong Hock Chye & Co. (Pte.) Ltd
15) Knight Frank Pte Ltd
16) Bon 88 Investment Pte Ltd
17) Bon (38) Investment Pte Ltd
18) Rawai 88 Investment Pte Ltd
19) Rawai (38) Investment Pte Ltd
20) JTM (Thailand) Limited
21) L.C. (Thailand) Limited
22) Thai Lum Chang Co., Ltd
23) LCD Management Sdn. Bhd.
24) Corpus Five Sdn.Bhd.
25) RDL Investments Pte Ltd
26) London Property Investment Pte Ltd
27) Xuzhou YinJian LumChang Real Estate Development Co., Ltd
28) Xuzhou RE Sales Co., Ltd
29) Phuket Island Property Fund (Investment Committee Member)
30) OUE Airport Hotel Pte Ltd (formerly known as LC Airport Hotel Pte. Ltd.)
31) Emaria Properties Pte Ltd
32) Temenggong Associates Pte Ltd
33) Ambassador Holdings Pty Ltd
34) Devaraya Co., Ltd
35) RMTC (Thailand) Limited
36) Richful China Investments Limited
37) Lum Chang (Hong Kong) Investments Limited
38) TCNB (Thailand) Limited
39) MKHT (Thailand) Limited

Present
1) Beverian Holdings Pte Ltd
2) Bevrian Pte Ltd
3) UK Property Investment Pte Ltd
4) Veight Investments Pte Ltd
5) Nanyang International Education (Holdings) Limited
6) Nanyang Primary School (Member of the School Management Committee)
7) Nanyang Kindergarten (Member of the School Management Committee)
(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?
Yes
If Yes, Please provide details of prior experience
Director, LCD Global Investments Ltd (formerly known as L.C. Development Ltd), May 2008 to April 2015.