Change - Announcement of Appointment::RE-DESIGNATION OF MR ANTHONY NG KOON LENG AS THE NON-EXECUTIVE INDEPENDENT CHAIRMAN OF THE BOARD

Issuer & Securities

Issuer/ Manager
HENGYANG PETROCHEMICAL LOGISTICS LIMITED
Securities
HENGYANG PETROCHEM LOG LIMITED - SG1Y78948920 - 5PD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Nov-2021 18:19:58
Status
New
Announcement Sub Title
RE-DESIGNATION OF MR ANTHONY NG KOON LENG AS THE NON-EXECUTIVE INDEPENDENT CHAIRMAN OF THE BOARD
Announcement Reference
SG211125OTHRKGGD
Submitted By (Co./ Ind. Name)
GU WEN LONG
Designation
CHAIRMAN AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, Xandar Capital Pte. Ltd. ("Sponsor") for compliance with the relevant rules of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST").

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 person for the Sponsor is Ms Pauline Sim, Head of Corporate Finance, at 3 Shenton Way, #24-02 Shenton House, Singapore 068805, telephone (65) 6319 4954.

Additional Details

Date Of Appointment
25/11/2021
Name Of Person
ANTHONY NG KOON LENG
Age
62
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
30/04/2021
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
In line with the corporate governance best practices for a stronger element of independence on the Board, the Board has reviewed, considered, assessed and concluded that Mr. Anthony Ng Koon Leng ("Mr Ng"), who is also the existing independent director of the Company, possesses the requisite qualifications and work experience to carry out his duties as the Chairman of the Board, and have accordingly approved the re-designation of Mr Ng as Independent Chairman of the Board.
Whether appointment is executive, and if so, the area of responsibility
The appointment is Non-executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive Independent Chairman, Chairman of the RC, Acting Chairman of the NC, Member of the AC.
Professional qualifications
Diploma in Business Administration

School of Nautical studies
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
NIL
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
Jan 2018 to present: CAC Logistics Services Pte. Ltd., Managing Director

September 2006 to Jan 2018: SGS Group, Vice President, OGC Asia Pacific

August 2001 to September 2006: BP Singapore Pte Ltd, Regional Logistics Technical and Safety Manager

September 1997 to August 2001: SGS China, OGC Director, China and Hong Kong
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)
SGS Group (Vice President, OGC Asia Pacific)
Present
CAC Logistics Services Pte. Ltd

OGC Services 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
Not applicable. This relates to re-designation of Non-Executive Independent Director as Non-Executive Independent Chairman.
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