Change - Announcement of Appointment::Appointment Of A Person Occupying A Managerial Position In The Company Who Is Relative Of A Director

Issuer & Securities

Issuer/ Manager
NOEL GIFTS INTERNATIONAL LTD.
Securities
NOEL GIFTS INTERNATIONAL LTD - SG0543000335 - 543
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
24-Aug-2023 22:20:22
Status
New
Announcement Sub Title
Appointment Of A Person Occupying A Managerial Position In The Company Who Is Relative Of A Director
Announcement Reference
SG230824OTHRVV8G
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment Of A Person Occupying A Managerial Position In The Company Or Any Of Its Principal Subsidiaries Who Is A Relative Of A Director/CEO or Substantial Shareholder Of The Company.

Additional Details

Date Of Appointment
01/07/2023
Name Of Person
Wong Ho Meng Kenneth
Age
34
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)
Based on the Remuneration Committee, Nominating Committee and Board Meetings held on 24 August 2023, the Remuneration Committee, Nominating Committee and the Board of the Company, having reviewed and considered Mr Kenneth Wong Ho Meng ("Mr Kenneth Wong")'s work experience and contributions so far, are of the view that Mr Kenneth Wong should be promoted to a managerial position (as defined under the Listing Manual) within the Group and have accordingly approved the same, such promotion to take effect from 1 July 2023.
Whether appointment is executive, and if so, the area of responsibility
Executive. He is responsible for property, rental, and sales; and investment portfolios.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Senior Manager, Corporate Development
Professional qualifications
Association of Chartered Certified Accountants (ACCA)
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
Son of Mr Wong Siu Hong, Alfred. Managing Director and a Substantial Shareholder of the Company.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
2016 - 2017: BDO LLP - Audit Associate
2017 - Present: Management trainee, Special Projects and Corporate Development Manager with the Group.
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)
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 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