Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
CHINA AUTO ELECTRONICS GRP LTD
Securities
CHINA AUTO ELECTRONICS GRP LTD - BMG2111L1081 - T42
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
09-Nov-2015 17:31:31
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG151109OTHR1KL0
Submitted By (Co./ Ind. Name)
TEO CHEE SHI
Designation
Chief Financial Officer cum Company Secretary
Effective Date and Time of the event
09/11/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Director

Additional Details

Date Of Appointment
09/11/2015
Name Of Person
Chua Meng Hing
Age
48
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board had reviewed the qualification and experience of Mr Chua Meng Hing and approved his appointment as Independent Director of the Company
Whether appointment is executive, and if so, the area of responsibility
This is a non-executive appointment, Mr Chua will be an independent director.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
AC Chairman
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Apr 2012 to present - Independent Director of Dapai International Holding Co. Ltd
July 2012 to Present - Managing Director- Stirling Coleman Capital Limited, Head of Stirling Coleman PRC operation
Feb 2003 to Jun 2012 - Xylem Group (Spin off from ITT Corporation) Vice President, China and India and Director of Finance.
June 2002 to Dec 2002 KPMG, Associate Director, Transaction Services.
Oct 2002 to May 2002 KPMG, Senior Manager, Transaction Services.
Feb 2000 to Oct 2000 Edgematrix Pte.Ltd, Operation Director.
Oct 1997 to Feb 2000 Arthur Andersen, Audit Manager
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)
Coactive Technologies (Singapore) Precision Pte. Ltd.
Coactive Technologies (Singapore)Pte. Ltd
MS International Holdings Pte. Ltd
ITT (China) Investment Co., Ltd
ITT Shanghai Goulds Pump Co.,Ltd
ITT Wuxi Precision Co., Ltd
ITT Corporation India Private Limited
Xylem Hong Kong Limited
Xylem (China) Co., Ltd
Xylem (Nanjing) Co,, Ltd
ITT Water and Waste Water Co.,Ltd
Present
July 2012 to Present - Managing Director- Stirling Coleman Capital Limited, Head of Stirling Coleman PRC operation
(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
Since Apr 2012 as Independent Director of Dapai International Holding Co Ltd, currently he is the Lead Independent Director