Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
CHINA NEW TOWN DEVT CO LIMITED
Securities
CHINA NEW TOWN DEVT CO LIMITED - VGG2156N1006 - D4N
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-Aug-2016 18:43:21
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DIRECTOR
Announcement Reference
SG160812OTHRCOLW
Submitted By (Co./ Ind. Name)
YANG MEIYU
Designation
DIRECTOR
Description (Please provide a detailed description of the event in the box below)
APPOINTMENT OF MR. SHI JANSON BING AS EXECUTIVE DIRECTOR OF THE BOARD.

Please refer to the attachments.

Additional Details

Date Of Appointment
12/08/2016
Name Of Person
Shi Janson Bing
Age
33
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr. Shi Janson Bing was nominated by SRE Investment Holding Limited, one of the Company's substantial shareholders. Following the Nominating Committee's review and recommendation, the Board therefore resolved and approved his appointment as an Executive Director.
Whether appointment is executive, and if so, the area of responsibility
He will be responsible for the strategic cooperation of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
EXECUTIVE DIRECTOR
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
The son of Mr. Shi Jian, the de facto owner of SRE Investment Holding Limited, which has 14.91% shareholding of the Company.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Mr. Shi Janson Bing was appointed as an Executive Director and the Vice-Chairman of SRE Group (HK1207) on 17 July 2015, and ceased to be the Vice-Chairman of SRE Group (HK1207) but retain as an Executive Director on 4 December 2015 till to-date. Mr. Shi Janson Bing has over 9 years of experience working in the field of property development and in corporate management and operations. He was appointed as an Executive Director of the Company in December 2007. He resigned from all his positions in the Company in March 2014.
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
# 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)
Mr. Shi Janson Bing was appointed as an Executive Director and the Vice-Chairman of SRE Group (HK1207) on 17 July 2015, and ceased to be the Vice-Chairman of SRE Group (HK1207) but retain as an Executive Director on 4 December 2015 till to-date. Mr. Shi Janson Bing has over 9 years of experience working in the field of property development and in corporate management and operations. He was appointed as an Executive Director of the Company in December 2007. He resigned from all his positions in the Company in March 2014.
Present
Mr. Shi Janson Bing currently is an Executive Director of SRE Group (HK1207).
(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 a listed company?
Yes
If Yes, Please provide details of prior experience
SRE Group from 17 July 2015 to present. China New Town Development Company Limited from 12 December 2007 to 28 March 2014.

Attachments

E-JANSON-sg.pdf
c-JANSON-sg.pdf
Total size =371K