Change - Announcement of Appointment::Appointment of Executive Director and Chairman

Issuer & Securities

Issuer/ Manager
KING WAN CORPORATION LIMITED
Securities
KING WAN CORPORATION LIMITED - SG1J32888328 - 554
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-Jul-2016 17:37:41
Status
New
Announcement Sub Title
Appointment of Executive Director and Chairman
Announcement Reference
SG160729OTHRD3BS
Submitted By (Co./ Ind. Name)
Chua Eng Eng
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Please refer to details below.

Additional Details

Date Of Appointment
28/07/2016
Name Of Person
Chua Kim Hua
Age
76
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
At the 2015 Annual General Meeting (AGM) of the Company held on 30 July 2015, Mr Chua Kim Hua was re-appointed as a director pursuant to Section 153(6) of the Companies Act Cap 50 (repealed when Phase 2 of the Companies (Amendment) Act 2014 came into effect on 3 January 2016). Accordingly, Mr Chua Kim Hua vacated his office on the day of the Company's AGM on 28 July 2016.
Mr Chua Kim Hua has expressed his consent to be appointed as a director of the Company and continue his role as the Chairman of the Board.
Whether appointment is executive, and if so, the area of responsibility
Yes. Chairmanship of the Board.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive director and Chairman of the Board.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Father of Ms Chua Eng Eng, executive director of the Company.
Brother of Mr Chua Hai Kuey, executive director of the Company.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Executive director of the Company and Chairman of the Board.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Owns 44,113,319 ordinary shares in the Company.
# 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)
Gold Hyacinth Development Pte. Ltd.
Meadows Property (Spore) Pte. Ltd.
Present
Chua Kim Hua Investments Pte Ltd
Dalian Shicheng Property Development (S) Pte. Ltd.
Gold Topaz Pte. Ltd.
Harmony Investment Holding Pte. Ltd.
K&W Mobile Loo Services Pte Ltd
King Wan Construction Pte. Ltd.
King Wan Corporation Limited
King Wan Development Pte Ltd
King Wan Industries Pte Ltd
Meadows Bright Development Pte Ltd
Xylem Investments 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?
Yes
If Yes, Please provide details of prior experience
Executive Director and Chairman of King Wan Corporation Limited since its listing in SGX.