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

Issuer & Securities

Issuer/ Manager
HAFARY HOLDINGS LIMITED
Securities
HAFARY HOLDINGS LIMITED - SG2F75992345 - 5VS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
18-Jan-2018 18:04:12
Status
New
Announcement Sub Title
Appointment of Non-Independent Non-Executive Director
Announcement Reference
SG180118OTHRTJ4A
Submitted By (Co./ Ind. Name)
Tay Eng Kiat Jackson
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Independent Non-Executive Director.

Additional Details

Date Of Appointment
18/01/2018
Name Of Person
Yong Teak Jan @ Yong Teck Jan
Age
46
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee has reviewed the competence and experience of Mr. Yong Teak Jan @ Yong Teck Jan and has recommended to the Board of Directors his appointment as a Non-Independent Non-Executive Director. The Board of Directors, having reviewed and considered the competence and experience of Mr. Yong Teak Jan @ Yong Teck Jan, has approved his appointment.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interests (including any competing business)
Mr. Yong Teak Jan @ Yong Teck Jan is the Director of Operations of Building Materials (East Malaysia) of Hap Seng Consolidated Berhad (HSCB) and Chief Operating Officer of Malaysian Mosaics Sdn Bhd (MMSB), a wholly-owned subsidiary of HSCB which is principally involved in investment holding, manufacturing and sales of porcelain and ceramic tiles. Mr. Yong Teak Jan @ Yong Teck Jan does not hold any shares in HSCB or MMSB.
Should any conflicts of interest arise, Mr. Yong Teak Jan @ Yong Teck Jan will make such conflict known to the Board of Directors as soon as he is so reasonably aware so that he may recuse himself from such related discussions and/or decisions and resolutions as most appropriate.
In view of the above, the Nominating Committee is satisfied with the appointment of Mr. Yong Teak Jan @ Yong Teck Jan as a Non-Independent Non-Executive Director of the Company.
Working experience and occupation(s) during the past 10 years
2005 - 2011
- General Manager of Eastech Steel Mill Services (M) Sdn Bhd

January 2012 - September 2012
- Regional Export Manager North Asia of Malaysian Mosaics Sdn Bhd

September 2012 - December 2013
- Procurement Manager of Malaysian Mosaics Sdn Bhd

January 2014 - June 2014
- Senior Procurement Manager of Malaysian Mosaics Sdn Bhd

July 2014 - December 2015
- Deputy General Manager Procurement of Malaysian Mosaics Sdn Bhd

January 2016 - October 2017
- General Manager - Sourcing & Procurement of Malaysian Mosaics Sdn Bhd
- General Manager - Procurement & Logistics (Quarry & Building Materials) of Hap Seng Consolidated Berhad

October 2017 to present
- Director of Operations Building Materials (East Malaysia) of Hap Seng Consolidated Berhad

November 2017 to present
- Chief Operation Officer of Malaysian Mosaics Sdn Bhd
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)
No
Present
MML (Shanghai) Trading Co., Ltd
(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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Yes, Mr. Yong Teak Jan @ Yong Teck Jan was provided with the training on the roles and responsibilities of a director.