Change - Announcement of Appointment::Appointment of Chief Financial Officer and Chief Sustainability Officer

Issuer & Securities

Issuer/ Manager
HOTUNG INVESTMENT HLDGS LTD
Securities
HOTUNG INVESTMENT HLDGS LTD - BMG4612P2085 - BLS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
23-Apr-2024 17:47:33
Status
New
Announcement Sub Title
Appointment of Chief Financial Officer and Chief Sustainability Officer
Announcement Reference
SG240423OTHRKMHP
Submitted By (Co./ Ind. Name)
Hsin-Chieh Chung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see details below.

Additional Details

Date Of Appointment
25/04/2024
Name Of Person
Hsieh-Ho Chen
Age
54
Country Of Principal Residence
Taiwan, Province Of China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Chief Executive Officer, Audit Committee and Remuneration Committee of the Company have reviewed and considered Mr. Hsieh-Ho Chen's qualifications and work experience and recommended Mr. Hsieh-Ho Chen as the Company's Chief Financial Officer and Chief Sustainability Officer. The Board of Directors of the Company has approved this appointment taking into consideration the recommendations of the Audit Committee and Remuneration Committee of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive in nature. Mr. Hsieh-Ho Chen will be in charge of all accounting and financial management of the Group as the Chief Financial Officer of the Group. He will also oversee all sustainability matters and play a leading role in managing the Group's Environmental, Social and Governance (ESG) affairs as the Chief Sustainability Officer of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer and Chief Sustainability Officer
Professional qualifications
1993 - 1995 Master of Business Administration major in Finance / National Sun Yat-sen University, Taiwan
1988 - 1992 Bachelor of Business Administration / National Taiwan University, Taiwan
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
Mr. Hsieh-Ho Chen also serves as the Head of Administration & Finance Department at Hotung International Company Ltd., a subsidiary of the Company.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
June 2021 - February 2024 Vice President of Management Group / Homeplus Digital Co., Ltd.
Lead Management functions, including Human Resources, Office Administration, Procurement, Legal and Compliances, Customer Care, and Information Technology.

November 2020 - April 2021 Executive Director / Houshi Assets Management Company Limited
Build M&A Private Equity Fund team and internal evaluation process.

September 2015 - May 2020 CFO / Taiwan Star Telecom Corporation Limited
Lead Finance & Accounting group

April 2011 - August 2015 Senior Finance Director / Motech Industries Inc.
Supervised Finance Department and Business Management Department.
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)
New Visual Wave Cable Communications Co., Ltd. / Executive Director
Ga Ho Cable TV Co., Ltd. / Executive Director
Sky Digital Convergence Service Co., Ltd. / Executive Director
Homeplus Digital Broadband Co., Ltd. / Non-Executive Director
KBT Co., Ltd. / Non-Executive Director
Global Digital Media Co., Ltd / Non-Executive Director
Formosa Network Co., Ltd. / Non-Executive Director
New Era Media Co., Ltd. / Non-Executive Director
Homeplus Digital Teleservices & Marketing Co., Ltd. / Non-Executive Director
Prosperity CATV Corporation / Non-Executive Director
Everlasting Cable TV Co., Ltd. / Non-Executive Director
Wonderful Cable TV Co., Ltd. / Non-Executive Director
Liguan Cable TV Co., Ltd. / Non-Executive Director
Telefirst Cable Communications Co., Ltd. / Non-Executive Director
Suncrown CATV Co., Ltd / Non-Executive Director
Twinstar CATV Co., Ltd. / Non-Executive Director
Ching Lian Cable TV Co., Ltd. / Non-Executive Director
Gang Du Cable TV Co., Ltd. / Non-Executive Director
Homeplus Digital Co., Ltd. / Non-Executive Director
KHL V Venture Capital Co., Ltd. / Supervisor
KHL II Venture Capital Co., Ltd. / Supervisor
KHL IV Venture Capital Co., Ltd. / Supervisor
Present
Victory Flag Limited Company / Executive Director
(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
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