Change - Announcement of Appointment::Appointment of Chief Executive Officer and Executive Director

Issuer & Securities

Issuer/ Manager
SEVENS ATELIER LIMITED
Securities
SEVENS ATELIER LIMITED - SG1Q04920423 - 5EW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
04-Jul-2022 22:35:49
Status
New
Announcement Sub Title
Appointment of Chief Executive Officer and Executive Director
Announcement Reference
SG220704OTHRX4TH
Submitted By (Co./ Ind. Name)
Lim Xiu Fang, Vanessa
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Chief Executive Officer and Executive Director.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
04/07/2022
Name Of Person
Hong Eng Leong, Jeffrey
Age
50
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board have reviewed, assessed and concluded that Mr Hong Eng Leong, Jeffrey possesses the requisite qualification and experience to carry out his duties as the Chief Executive Officer and Executive Director of the Company, and accordingly approved his appointment.

In the interim, Mr Richard Koh Chye Heng ("Mr Richard Koh"), the incumbent Executive Chairman & Chief Executive Officer, has agreed to delay his cessation to ensure proper administrative handover. The Company will keep Shareholders posted when Mr Richard Koh's last day of service has been mutually agreed and finalised with the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. To manage the overall business development, management, operations and strategic planning of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Professional qualifications
Master of Science in Global Business and Marketing at City University of New York
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
No.
Conflict of interests (including any competing business)
No.
Working experience and occupation(s) during the past 10 years
October 2021 - Present
Sevens Creation Pte Ltd
CEO

November 2020 - Present
NNB Global Development Pte Ltd
Executive Director

June 2020 - Present
3HB Holdings Pte Ltd
Director

May 2018 - Present
Zenzi Holdings Pte Ltd
Director

June 2017 - December 2018
ETC Singapore Limited
Group Advisor

August 2016 - Present
Sovereign Group Hotel Co, Ltd
CEO/Founder

May 2015 - December 2017
HSR International Realtors Pte Ltd
Group CEO/Joint-Owner

August 2014 - Present
Sovereign Realty Pte Ltd
Director

June 2014 - Present
SG Sovereign Real Estate Pte Ltd
Director

January 2010 - August 2014
GPS Alliance Holdings Limited
Founder / Executive Director / Chief Operating Officer

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)
N.A.
Present
NNB Global Development Pte Ltd

3HB Holdings Pte Ltd

Zenzi Holdings Pte Ltd

Sovereign Realty Pte Ltd

SG Sovereign Real Estate 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?
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
Mr Hong will be attending the requisite training courses organized by the Singapore Institute of Directors to meet the mandatory training requirements within a year from his appointment to the Board.