Change - Announcement of Appointment::RE-APPOINTMENT AS INDEPENDENT NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
CHINA NEW TOWN DEVT CO LIMITED
Securities
CHINA NEW TOWN DEVT CO LIMITED - VGG2156N1006 - D4N

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Apr-2014 22:09:36
Status
New
Announcement Sub Title
RE-APPOINTMENT AS INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG140430OTHRPNGA
Submitted By (Co./ Ind. Name)
SHI JIAN
Designation
DIRECTOR
Description (Please provide a detailed description of the event in the box below)
RE-APPOINTMENT AS INDEPENDENT NON-EXECUTIVE DIRECTOR

Additional Details

Date Of Appointment
30/04/2014
Name Of Person
KONG SIU CHEE
Age
67
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr. Kong Siu Chee had retired from office by rotation at the Annual General Meeting of the Company held today. The Board, after taking into account the views of the Nominating Committee of the Board, considered Mr. Kong to be an Independent Non-executive Director. At the Extraordinary General Meeting held today, Mr. Kong was re-appointed as an Independent Non-executive Director of the Company and shall remain as the Chairman of the Remuneration Committee and Investment Committee of the Board and a member of the Nominating Committee of the Board.
Whether appointment is executive, and if so, the area of responsibility
NA
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
INED, Chairman of Remuneration Committee and Investment Committee, Member of Nominating Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NONE
Conflict of interests (including any competing business)
NONE
Working experience and occupation(s) during the past 10 years
Mr. Kong was appointed to the Board of the Company on 30 November 2006. Between 1999 and 2005, Mr. Kong served as a director, Executive Vice President and Alternate Chief Executive Officer of CITIC Ka Wah Bank Limited (renamed as CITIC Bank International Limited in May 2010), and was also a director and the Managing Director of CITIC International Financial Holdings Limited from 2002 to 2005. Mr. Kong has been an independent non-executive director of Harbin Bank Co.Ltd since October 2013, and he has recently been appointed as an independent non-executive director of DIGITALHONGKONG.COM, a company listed on The Growth Enterprise Market of The SEHK with effect from 28 March 2014.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
# 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
INED OF DIGITALHONGKONG.COM and HARBIN BANK CO. LTD
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide full details
Champion Technolody Holdings Limted (1993-1994)/
CITIC Ka Wah Bank Limited(1999-2005)/Harbin Bank Co.Ltd (2013.10-now)/DIGITALHONGKONG.COM(2014.3-now)