Change - Announcement of Appointment::Confirmation of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
BROADWAY INDUSTRIAL GROUP LIMITED
Securities
BROADWAY INDUSTRIAL GROUP LTD - SG1B21008464 - B69
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Aug-2014 17:09:31
Status
New
Announcement Sub Title
Confirmation of Chief Executive Officer
Announcement Reference
SG140801OTHRX2K7
Submitted By (Co./ Ind. Name)
Lew Syn Pau
Designation
Chairman
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Date Of Appointment
01/08/2014
Name Of Person
Lee Wai Leong (Jeremy)
Age
55
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 has reviewed Mr Lee's appointment as recommneded by the Nomination Committee, and agreed that he is qualified, experienced and capable to perform the role of Chief Executive Officer, in view of the last 1 year as Acting Chief Executive Officer and 4 years as Chief Strategy Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Mr Lee is responsible for providing leadership in development of the strategic plan to advance the Company's mission and objectives. He is also accountable for achieving the revenue, profitability and growth targets of the Company, ensuring production efficiency, quality, service and cost-effective management of resources.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive 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
August 2013 - Present
Broadway Industrial Group Limited
Acting Chief Executive Officer

May 2009 - August 2013
Broadway Industrial Group Limited
Chief Strategy Officer

2002 - 2009
MMI Holdings Ltd
General Manager, Contract Manufacturing Group
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1. 50,000 ordinary shares in the Company
2. 600,000 share options granted pursuant to the BIGL Share Option Scheme 2001.
3. 125,000 share award granted pursuant to the BIGL Share Plan.
# 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)
Nil
Present
Compart Asia Pte Ltd
Compart Technologies (Shenzhen) Co., Ltd
Compart Precision Components Manufacturing (Wuxi) Co., Ltd
Compart Technologies (Chongqing) Co., Ltd
Compart (HK) Co., Limited
Compart Precision (Thailand) Co., Ltd
Compart Hi-Precision Technologies (Shenzhen) Co., Ltd
Compart Asia Pacific Limited
Compart Engineering, Inc
Suzhou Broadway Plastic Packaging Co., Ltd
Shanghai Broadway Packaging & Insulation Materials Co., Ltd
Chongqing Broadway Foam Applications & Total Packaging Co., Ltd.
Wujiang Weltop Co., Ltd
Chengdu Broadway Foam Applications & Total Packaging Co., Ltd.
Shenzhen Broadway Total Packaging Co., Ltd
Broadway Packaging (HK) Co Ltd
E-PAC International Pte 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 Yes, Please provide full details
NA