Change - Announcement of Appointment::APPOINTMENT OF INDEPENDENT DIRECTOR - MR. NGO YIT SUNG

Issuer & Securities

Issuer/ Manager
CHINA SHENSHAN ORCHARD HOLDINGS CO. LTD.
Securities
CHINA SHENSHAN ORCHARD HLDGS - BMG2860H2096 - BKV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Sep-2024 18:50:50
Status
New
Announcement Sub Title
APPOINTMENT OF INDEPENDENT DIRECTOR - MR. NGO YIT SUNG
Announcement Reference
SG240930OTHRL48K
Submitted By (Co./ Ind. Name)
Zhao Chichun
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Ngo Yit Sung ("Mr. Ngo") as an Independent Director of the Company, a member of the Audit Committee ("AC"), and Chairman of the Nominating Committee ("NC") and the Remuneration Committee ("RC").

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist ("Catalist Rules").

This announcement has not been examined or approved by the SGX-ST and 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 Ms. Goh Mei Xian, Director, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Date Of Appointment
01/10/2024
Name Of Person
Ngo Yit Sung
Age
42
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)
The Board, having considered the recommendation from the NC and having reviewed and considered the qualifications, working experience, expertise, suitability and independence of Mr. Ngo as well as the diversity of the Board, is of the view that he has the requisite experience, knowledge and capabilities to assume the role and responsibilities as an Independent Director of the Company, a member of the AC, and Chairman of the NC and the RC.

The Board considers Mr. Ngo to be independent for the purposes of Rule 704(7) of the Catalist Rules.
Whether appointment is executive, and if so, the area of responsibility
The appointment is independent non-executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, a member of the AC, and Chairman of the NC and the RC.
Professional qualifications
1. Doctor of Philosophy in Electrical and Computer Engineering from National University of Singapore
2. Bachelor of Engineering (First Class Honours) in Electrical (Mechatronics) from Universiti Teknologi Malaysia
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
Nil

Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
July 2023 to present:
Executive Director of Eneco Energy Limited

March 2023 to July 2023:
Senior Vice President of Investor Relations of TOTM Technologies Limited

April 2021 to February 2023:
Executive Director of TOTM Technologies Limited

December 2020 to April 2021:
Business Development Manager of TOTM Technologies Limited

October 2012 to February 2021:
Director of Sino-Lion Communications Pte. Ltd.
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)
Directorships - TOTM Technologies Limited, International Biometrics Pte. Ltd. and Netlink VJ Pte Ltd
Principal Commitments - please refer to the information in "Working experience and occupation(s) during the past 10 years"
Present
Directorships - Eneco Energy Limited, RichLand Logistics Services Pte Ltd and World Precision Machinery Limited
Principal Commitments - please refer to the information in "Working experience and occupation(s) during the past 10 years"
(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?
Yes
If Yes, Please provide details of prior experience
February 2024 to present:
Independent Director of World Precision Machinery Limited

July 2023 to present:
Executive Director of Eneco Energy Limited

April 2021 to February 2023:
Executive Director of TOTM Technologies 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