Change - Announcement of Appointment::Appointment of Chief Operating Officer

Issuer & Securities

Issuer/ Manager
CORTINA HOLDINGS LIMITED
Securities
CORTINA HOLDINGS LIMITED - SG1M59904946 - C41
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
05-Jun-2022 12:22:27
Status
New
Announcement Sub Title
Appointment of Chief Operating Officer
Announcement Reference
SG220605OTHRP1IE
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Lim Jit Yaw as Chief Operating Officer of the Company.

Additional Details

Date Of Appointment
01/06/2022
Name Of Person
Lim Jit Yaw
Age
51
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
03/09/2020
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors approved the appointment of Mr. Lim Jit Yaw as Chief Operating Officer of the Company on the recommendations of the Nominating Committee which has reviewed and considered his background qualifications and experience.
Whether appointment is executive, and if so, the area of responsibility
Executive. He oversees the retail operations of all the business units of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
- Executive Director and Chief Operating Officer of Cortina Holdings Limited
- Chief Executive Officer of Cortina Watch Pte Ltd
Professional qualifications
Bachelor of Business majoring in Accounting and Finance - Edith Cowan University, Australia
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 Lim Keen Ban and Chia Nyok Song@Cheah Yoke Heng and brother of Lim Jit Ming and Lim Yin Chian.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
He has been with the Group since 2002 and has over 15 years of experience and know-how of the watch retail and distribution industry.

He has been the President of the Singapore Clock and Watch Trade Association since April 2012.

He is a council member of the Singapore Chinese Chamber of Commerce & Industry (SCCCI) 60th Council.

As Executive Director of the Company and CEO of Cortina Watch Pte Ltd, he oversees the retail operations of the South Eastern business units of the Group.
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?
Yes
Shareholding Details
Deemed interest of 70,861,425 shares of Cortina Holdings Limited
# 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
- Cortina Watch Pte Ltd
- Ming Yaw Pte 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
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Executive Director of Cortina Holdings Limited since 27 June 2002.
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)
N.A.