Change - Announcement of Appointment::APPOINTMENT OF MANAGER WHO IS A RELATIVE OF A DIRECTOR, CEO OR SUBSTANTIAL SHAREHOLDER

Issuer & Securities

Issuer/ Manager
LIONGOLD CORP LTD
Securities
LIONGOLD CORP LTD - BMG5521X1092 - A78
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
02-Apr-2020 22:38:17
Status
New
Announcement Sub Title
APPOINTMENT OF MANAGER WHO IS A RELATIVE OF A DIRECTOR, CEO OR SUBSTANTIAL SHAREHOLDER
Announcement Reference
SG200402OTHRNMRP
Submitted By (Co./ Ind. Name)
Tan Soo Khoon Raymond
Designation
Executive Director
Effective Date and Time of the event
01/04/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Manager who is a Relative of a Director, CEO or Substantial Shareholder.

This announcement has been reviewed by the Company's sponsor, Stamford Corporate Services Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Mr Bernard Lui.
Tel: 6389 3000
Email: bernard.lui@morganlewis.com

Additional Details

Date Of Appointment
01/04/2020
Name Of Person
Yao JiaJia
Age
25
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Management had considered the credentials of Ms Yao and recommended her appointment as Investment Manager of Shen Yao Investments Pte Ltd, a wholly-owned subsidiary of the Company. The Board reviewed Ms Yao's background, qualifications and experience and is of the view that she will bring valuable experience and insights that would be important to the strategic interests of the Company.
Whether appointment is executive, and if so, the area of responsibility
No. The appointment is not executive. The appointment is as Investment Manager and her area of responsibility involves participating in the investments undertaken by the Group. The investments that she participates in will be undertaken in accordance with the Company's internal investment procedures which includes obtaining relevant board approvals where required.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Investment Manager
Professional qualifications
1. Master of Applied Economics
2. Bachelor of Social Science, Economics (Honours)
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
Ms Yao JiaJia is the daughter of Mr Yao Liang, the Executive Chairman of the Company
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
June 2019 - March 2020
Real Estate Analytics Pte Ltd - Lead Data Scientist and Co-founder

April 2019 - July 2019
NUS Real Estate Department - Research Assistant

March 2019 - July 2019
NUS Economics Department - Research Assistant

November 2016 - April 2019
Genk Capital Pte Ltd - Proprietary Trader

June 2016 - November 2016
Genk Capital Pte Ltd - Quantitative Trading Analyst Intern

February 2016 - November 2016
NUS Economics Department - Research Assistant

Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
No
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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)
Nil
Present
Sheng Investment 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
Disclosure applicable to the appointment of Director only.
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
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