Change - Announcement of Appointment::APPOINTMENT OF CHIEF OPERATING OFFICER

Issuer & Securities

Issuer/ Manager
HS OPTIMUS HOLDINGS LIMITED
Securities
HS OPTIMUS HOLDINGS LIMITED - SG1G23864448 - 504
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
10-Mar-2021 21:42:53
Status
New
Announcement Sub Title
APPOINTMENT OF CHIEF OPERATING OFFICER
Announcement Reference
SG210310OTHR8R2L
Submitted By (Co./ Ind. Name)
HS OPTIMUS HOLDINGS LIMITED
Designation
BOARD OF DIRECTORS
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Chia Fook Sam as Chief Operating Officer of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, R & T Corporate Services Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement including the accuracy or completeness of any of the figures used, statements, opinions or other information made or disclosed.

This announcement has not been examined or approved by the SGX-ST. The SGX-ST 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 Howard Cheam Heng Haw (Telephone: +65 6232 0685) at R & T Corporate Services Pte. Ltd., 9 Straits View, Marina One West Tower, #06-07, Singapore 018937.

Additional Details

Date Of Appointment
10/03/2021
Name Of Person
CHIA FOOK SAM
Age
60
Country Of Principal Residence
Brunei Darussalam
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee has recommended to the Board of Directors of the Company that Mr Chia be appointed as a Chief Operating Officer of the Company, having regard to his contributions to the improved performance of HS Optimus Wood Products Sdn Bhd during his tenure as a director of the same. The Board of Directors of the Company has reviewed and considered the qualifications, experience and knowledge of Mr Chia and upon the recommendations of the Nominating Committee, has approved the appointment of Mr Chia as the Chief Operating Officer.
Whether appointment is executive, and if so, the area of responsibility
Executive position. Responsible for the management and operation of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Professional qualifications
Bachelor of Science in Civil Engineering
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
HS Optimus Holdings Limited, Consultant (September 2020 to 9 March 2021)
HS Optimus Wood Products Sdn Bhd, Director (April 2019 to Current)
Orientex Concrete (Brunei) Sdn Bhd, Chief Executive Officer (March 2012 to March 2020)
Accares (Brunei) Sdn Bhd, Chief Executive Officer (March 2012 to March 2020)
Goodlink Enterprise (Brunei), Chief Executive Officer (March 2012 to March 2020)
PYP Holdings (Brunei) Sdn Bhd, Chief Executive Officer (March 2012 to March 2020)
Kinabalu Stones (Malaysia) Sdn Bhd, Chief Executive Officer (March 2012 to March 2020)
Timbertech (Brunei) Sdn Bhd, General Manager (2002 to February 2012)
Goodlink Enterprise (Brunei), Project Manager (1998 to 2001)
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)
Kinabalu Stones Sdn Bhd
Orientex Concrete (Brunei) Sdn Bhd
Accares (Brunei) Sdn Bhd
Goodlink Enterprise (Brunei)
PYP Holdings (Brunei) Sdn Bhd
Present
HS Optimus Wood Products Sdn Bhd
HS Optimus Holdings Limited
(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?
Yes
If Yes, Please provide full details
In 2019, I was charged with an offence in Brunei Darussalam under Section 37(2) of the Criminal Asset Recovery Order 2012. I was fined BN$5,000 for the offence which I paid in full. No further action was taken against me in respect of this offence.
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
Mr Chia is not appointed as a director of the Company. Notwithstanding the same, the Company will facilitate for him to attend the prescribed first-time director training so he may familiarise himself with the listing rules and requirements of the Exchange.
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