Change - Announcement of Appointment::Appointment of Relative of Directors and Controlling Shareholder as Executive Officer

Issuer & Securities

Issuer/ Manager
CHINA SUNSINE CHEMICAL HOLDINGS LTD.
Securities
CHINA SUNSINE CHEM HLDGS LTD - SGXE54479022 - QES
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
15-Oct-2020 22:36:08
Status
New
Announcement Sub Title
Appointment of Relative of Directors and Controlling Shareholder as Executive Officer
Announcement Reference
SG201015OTHRWYL9
Submitted By (Co./ Ind. Name)
Xu Cheng Qiu
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Xu Chi as Group General Manager Assistant and Director of Shandong Sunsine Chemical Co., Ltd. ("Shandong Sunsine"), the main subsidiary of the Company.

Additional Details

Date Of Appointment
15/10/2020
Name Of Person
Xu Chi
Age
46
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Based on the recommendation of the Nominating Committee, the Board has approved the promotion of Mr Xu to Group General Manager Assistant and Director of Shandong Sunsine. Mr Xu has more than 26 years' experience in sales, procurement, marketing as well as administration. The Board believes that Mr Xu will be able to perform his duties and responsibilities, and contribute to the Group in his new role.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Xu Chi will be in charge of the Group's procurement, as well as the market information department of Shandong Sunsine.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group General Manager Assistant and Director of Shandong Sunsine
Professional qualifications
Diploma in marketing and procurement
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
Son of Mr Xu Cheng Qiu (Executive Chairman and Controlling Shareholder), brother of Mr Xu Jun (Executive Director).
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
1993 - 2004 Staff in Sales Department, Shandong Sunsine;
2005 - 2010 Head of Market Information Department, Shandong Sunsine;
2010 - 2011 Staff in Infrastructure Administration Department, Shandong Sunsine;
2011 - 2015 Head of Procurement Department, Shandong Sunsine;
2015 - 2016 Project Manager, Shandong Fulong Villa Co., Ltd;
2016 - 2019 Head of Sales Department, 1st Division, Shandong Sunsine
2019 - present General Manager Assistant, Shandong Sunsine
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)
None
Present
None
(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