Change - Announcement of Appointment::Appointment of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
RICH CAPITAL HOLDINGS LIMITED
Securities
RICH CAPITAL HOLDINGS LIMITED - SG2G63000001 - 5G4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
23-Jun-2020 20:27:52
Status
New
Announcement Sub Title
Appointment of Independent Non-Executive Director
Announcement Reference
SG200623OTHR80LL
Submitted By (Co./ Ind. Name)
JAMES KHO CHUNG WAH
Designation
INDEPENDENT NON-EXECUTIVE DIRECTOR
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, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") in accordance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST. 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 Joseph Au, Associate Director, Continuing Sponsorship (Mailing Address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg)

Additional Details

Date Of Appointment
23/06/2020
Name Of Person
CHANG CHI HSUNG
Age
42
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Appointment of Mr. Chang Chi Hsung ("Mr. Chang") as an Independent Non-Executive Director of the Company was recommended by Nominating Committee and approved by the Board, after taking into consideration of Mr. Chang's qualification, expertise and past experience.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, member of Audit Committee, Nominating Committee and Remuneration Committee.
Professional qualifications
1. Bachelor of Commerce, Accounting and Finance, University of New South Wales
2. Chartered Accountant, Institute of Singapore Chartered Accountants
3. Chartered Accountant, Malaysia Institute of Accountants
4. Fellow CPA, CPA Australia
5. Certified Public Accountant, Hong Kong Institute of Certified Public Accountants
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)
None
Working experience and occupation(s) during the past 10 years
1. 2009 to 2015, Associate Director - Mazars Singapore
2. 2016 to Current, Managing Director - OA Group of Companies (OA Assurance PAC and OA International Holdings Pte Ltd and its subsidiaries, namely, OA Valuation Pte. Ltd., Singapore Corporate Services Pte. Ltd., OA Corporate Services Pte. Ltd., OA Tax Advisory Pte. Ltd., OA Corporate Advisory (Hong Kong) Limited and 7W Digital Marketing Pte. Ltd., collectively, the "OA Group of Companies")
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
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)
1. RF Fund Management Private Limited

2. Singapore Blockchain Commodities Trading Exchange Pte Ltd

3. D&A Strategic Capital Pte. Ltd.

4. OA Corporate Services Pte Ltd

5. Jing Li Business Advisory Pte Ltd (Stuck Off)

6. Haina Technology Group Limited
Present
1. OA International Holdings Pte Ltd

2. OA Valuation Pte Ltd

3. OA Assurance PAC

4. OA Tax Advisory Pte Ltd

5. RF International Holdings Private Limited

6. Reclaims Global Limited

7. RF Strategic Capital Pte Ltd

8. Heroic Wish Limited - (BVI)

9. OA Corporate Advisory (Hong Kong) Limited - (Hong Kong)

10. Rio Tinto Trading Co, Limited - (Hong Kong)

11. Haina Intelligent Equipment International Holdings Limited - (Cayman)

12. 7W Digital Marketing Pte Ltd

13. One Assurance LLP (Partnership)

14. D&A Strategic Capital Sdn Bhd
(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?
Yes
If Yes, Please provide details of prior experience
Independent Director of Reclaims Global Limited
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)
N.A.