Change - Announcement of Appointment::Appointment of Chief Financial Officer
Issuer & Securities
MARY CHIA HOLDINGS LIMITED
MARY CHIA HOLDINGS LIMITED - SG1Y51946677 - 5OX
Change - Announcement of Appointment
Date &Time of Broadcast
Announcement Sub Title
Appointment of Chief Financial Officer
Submitted By (Co./ Ind. Name)
Ho Yow Ping (He YouPing)
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Mary Chia Holdings Limited (the "Company") and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Ms Keng Yeng Pheng, Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: email@example.com).
Date Of Appointment
Name Of Person
Ng Yui Wei
Country Of Principal Residence
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors of the Company had accepted the recommendation of the Audit Committee and Nominating Committee, who have reviewed and considered Mr. Ng's qualification and work experience and is of the opinion that he is suitable for the role of Chief Financial Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Mr Ng Yui Wei is responsible for overseeing the overall financial and accounting functions of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Certified Public Accountant ("CPA") of Australia and Chartered Accountant, Institute of Chartered Accountants Singapore ("ISCA")
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Conflict of interests (including any competing business)
Working experience and occupation(s) during the past 10 years
Pacific Star Development Limited
Group Financial Controller (February 2018 to February 2019)
Acesian Partners Limited
Group Chief Financial Officer and Company Secretary (June 2014 to February 2018)
Metallic Refinering Enterprise Pte Ltd (Taka Jewellery Pte Ltd)
Group Financial Controller (March 2014- June 2014)
TEE Land Limited
Financial Controller (September 2012 - March 2014)
June 2011 to August 2012 - Overseas in the United States of America for Spouse's HMDP fellowship
Alstom Transport (S) Pte Ltd/ Alstom Power Singapore Pte Ltd
Finance Manager Asia Pacific / Project Controller DTL 1 & 2 and NEL Extension (October 2007 - June 2011)
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Shareholding interest in the listed issuer and its subsidiaries?
# 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)
Durabeau Industries Pte Ltd
Director (June 2018 - January 2019)
LH Aluminium Industries Pte. Ltd.
Director (June 2018 - January 2019)
(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?
(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?
If Yes, Please provide full details
During his tenure as Chief Financial Officer of Acesian Partners Limited ("APL"), a wholly owned subsidiary of APL, Acesian Star (S) Pte Ltd, was placed in judicial management in January 2017. The relevant disclosures in relation to the above have been made on SGXNET by APL accordingly.
(c) Whether there is any unsatisfied judgment against him?
(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?
(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?
(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?
(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?
(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?
(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?
(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
(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
(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
(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?
(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?
Any prior experience as a director of an issuer listed on the Exchange?
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
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)