Change - Announcement of Appointment::APPOINTMENT OF GROUP CHIEF OPERATING OFFICER

Issuer & Securities

Issuer/ Manager
SINGHAIYI GROUP LTD.
Securities
SINGHAIYI GROUP LTD. - SG2G73000009 - 5H0

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
16-Jul-2014 17:43:39
Status
New
Announcement Sub Title
APPOINTMENT OF GROUP CHIEF OPERATING OFFICER
Announcement Reference
SG140716OTHRQVTC
Submitted By (Co./ Ind. Name)
Cho Form Po
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange 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 Ong Hwee Li (Telephone No. 62215590) at 1 Robinson Road #21-02 AIA Tower, Singapore 048542.

Additional Details

Date Of Appointment
16/07/2014
Name Of Person
NG KHENG CHOO
Age
40
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors of the Company, after having reviewed and considered Ms Ng Kheng Choo's contributions and experience and upon the recommendation of the Nominating Committee, has approved the promotion of Ms Ng to the Group Chief Operating Officer of the Company. Ms Ng will still oversee the finances of the Group until a new Chief Financial Officer is appointed. The Company will announce the appointment of the new Chief Financial Officer in due course.
Whether appointment is executive, and if so, the area of responsibility
Executive. Responsible for overseeing the overall operations for the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Chief Operating Officer
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
July 2013 to present - Chief Financial Officer of SingHaiyi Group Ltd.
Nov 2012 to July 2013 - General Manager for the investment in Singapore for Sichuan Chuan Wei Group Ltd
January 2012 to March 2013 - Head of Investors Relations of China Vanadium Titano-Magnetite Mining Company Limited
March 2007 to April 2011 - Chief Financial Officer of Sapphire Corporation Ltd
October 2004 to June 2006 - Financial Controller of Unigold International Pte Ltd
February 1997 to June 2003 - Audit Manager of Deloitte and Touche
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)
NA
Present
VIT Consultancy Pte Ltd, ISOTeam Ltd, Anchorvale Residences Pte Ltd, Charlton Residences Pte Ltd, Corporate Residence Pte Ltd, Perennial Somerset Investors Pte Ltd, Phoenix Real Estate Pte Ltd, SingHaiyi TripleOne Pte Ltd, SingXpress Capital Pte Ltd, SingXpress Kaylim Pte Ltd, SingXpress Land (Pasir Ris) Pte Ltd, SingXpress Property Development Pte Ltd, Tampines EC Pte Ltd, SingHaiyi Properties (Hungary) Kft, Tri-County Mall LLC and Ocean Landing Property Management LLC
(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?
Yes
If Yes, Please provide full details
Independent Non-executive Director of ISOTeam Ltd.