Change - Announcement of Appointment::Announcement on promotion of a person who is relative of a director or chief executive officer

Issuer & Securities

Issuer/ Manager
HUPSTEEL LIMITED
Securities
HUPSTEEL LTD - SG1CD8000008 - BMH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
07-Dec-2017 17:11:39
Status
New
Announcement Sub Title
Announcement on promotion of a person who is relative of a director or chief executive officer
Announcement Reference
SG171207OTHRQESY
Submitted By (Co./ Ind. Name)
Tan Ching Chek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the description.

Additional Details

Date Of Appointment
16/11/2017
Name Of Person
Lim Lay Tin
Age
55
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee had reviewed Ms Lim Lay Tin's qualification, experience and performance and recommended to the Board that Ms Lim Lay Tin be promoted to the Sales Manager of Hupsteel Limited. The Board accepted the recommendation of the Nominating Committee.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Ms Lim Lay Tin will be responsible for sales in the local market.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Ms Lim Lay Tin is promoted from Deputy Sales Manager to Sales Manager of Hupsteel Limited.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Sister of :

Mr Lim Beo Peng - Deputy Managing Director (Hupsteel Limited) & Executive Director (Eastern Win Enterprises Pte Ltd, Hoe Seng Huat Pte Ltd, Hup Seng Huat Land Pte Ltd, Metal House Investment Pte Ltd and Thong Seng Metal Pte Ltd); and

Mr Lim Han Leong - Executive Director of Hoe Seng Huat Pte Ltd.

Cousin of :
Mr Lim Boh Chuan - CEO & Managing Director (Hupsteel Limited) & Executive Director (Eastern Win Enterprises Pte Ltd, Hoe Seng Huat Pte Ltd, Hup Seng Huat Land Pte Ltd, Metal House Investment Pte Ltd and Thong Seng Metal Pte Ltd) and Substantial Shareholder (Hupsteel Limited); and

Dr Lim Puay Koon - Non Executive Director (Hupsteel Limited) and Substantial Shareholder (Hupsteel Limited).

Niece of :
Mr Lim Kim Thor - Executive Director (Hupsteel Limited, Eastern Win Enterprises Pte Ltd, Hoe Seng Huat Pte Ltd, Hup Seng Huat Land Pte Ltd, Metal House Investment Pte Ltd and Thong Seng Metal Pte Ltd) and Substantial Shareholder (Hupsteel Limited) ;

Mr Lim Eng Chong - Non Executive Director & Substantial Shareholder (Hupsteel Limited);

Mr Lim Kim San, Joe - Executive Director (Hoe Seng Huat Pte Ltd & Thong Seng Metal Pte Ltd);

Dr Lim Kim Hock - Substantial Shareholder (Hupsteel Limited); and

Mr Lim Yee Kim - Substantial Shareholder (Hupsteel Limited)
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Ms Lim Lay Tin has been working in Sales in Hupsteel Limited during the past 10 years.
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?
Yes
Shareholding Details
464,355 ordinary shares
# 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)
Not applicable
Present
Not applicable
(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 a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Not applicable