Change - Announcement of Appointment::Appointment of Deputy Chief Executive Officer

Issuer & Securities

Issuer/ Manager
UNION GAS HOLDINGS LIMITED
Securities
UNION GAS HOLDINGS LIMITED - SG1DI1000002 - 1F2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
24-May-2019 19:13:56
Status
New
Announcement Sub Title
Appointment of Deputy Chief Executive Officer
Announcement Reference
SG190524OTHRMDV6
Submitted By (Co./ Ind. Name)
Wong Yoen Har
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor") in accordance with Rule 226(2)(b) of the Catalist Rules. This announcement has not been examined or approved by the SGX-ST and 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 persons for the Sponsor are Mr Yee Chia Hsing, Head, Catalist, Investment Banking, Singapore and Mr Ken Lee, Associate Director, Investment Banking, Singapore. The contact particulars are 50 Raffles Place, #09-01, Singapore Land Tower, Singapore 048623, Telephone: (65) 6337 5115.

Additional Details

Date Of Appointment
01/06/2019
Name Of Person
Ng Yong Hwee
Age
54
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has reviewed and considered the qualifications and work experience of Mr Ng Yong Hwee ("Mr Ng") and found him to be a suitable candidate for the appointment as Deputy Chief Executive Officer ("DCEO"). Accordingly, the Board has approved the appointment of Mr Ng as DCEO.
Whether appointment is executive, and if so, the area of responsibility
Executive. He will assist the Chief Executive Officer in the Group's overall management, including but not limited to overseeing the day to day operations and setting the direction and growth path of the Group's business.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chief Executive Officer.
Professional qualifications
2001 - Master of Business Administration, University of Warwick, United Kingdom
1987 to 1990 - Bachelor of Arts, National University of Singapore, majored in Economics and Statistics
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
NIL
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
1) Oct 2016 to March 2019 - Managing Partner of Emerge Venture Hong Kong and Emerge Consulting Singapore

2) Oct 2014 to April 2016 - Chief Executive Officer ("CEO") of NetLink Trust

3) April 2006 to September 2014 - President and CEO of City Gas Pte Ltd concurrently:

a) CEO of SingSpring Pte Ltd (October 2011 to September 2014). SingSpring Pte Ltd is a 70/30% joint venture between CitySpring and Hyflux. The joint venture is in water desalination business; and

b) Chairman of City-OG Gas Energy Services Pte Ltd (March 2013 to September 2014). City-OG Gas Energy Services Pte Ltd is a 51/49% joint venture between City Gas and Osaka Gas to retail natural gas to industrial customers.

4) October 2004 to March 2006 - Vice President - Sales, Marketing and Business Development, City Gas Pte Ltd
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)
2006 to 2015 City Gas Pte Ltd
2011 to 2015 SingSpring Pte Ltd
2014 to 2016 OpenNet Pte Ltd
2013 to 2014 City-OG Gas Energy
2015 to 2016 Netlink Trust Management
2015 to 2016 Netlink Trust Operations
Present
NIL
(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. The appointment of Mr Ng is not in relation to a position on the Board of Directors of the Company.
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. The appointment of Mr Ng is not in relation to a position on the Board of Directors of the Company.