Change - Announcement of Appointment::Appointment of Director

Issuer & Securities

Issuer/ Manager
YOUYUE INTERNATIONAL LIMITED
Securities
YOUYUE INTERNATIONAL LIMITED - SG1Q40922128 - Y06

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
10-Jun-2014 20:23:22
Status
New
Announcement Sub Title
Appointment of Director
Announcement Reference
SG140610OTHRZTZT
Submitted By (Co./ Ind. Name)
Jong Voon Hoo
Designation
Chief Financial Officer & Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive and Independent Director

Additional Details

Date Of Appointment
10/06/2014
Name Of Person
Lu King Seng
Age
45
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee has recommended the appointment of Mr Lu King Seng as Non-Executive and Independent Director of the Company and the Board of Directors has approved his appointment based on his qualifications and working experience.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive and Independent
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Remuneration Committee and a member of the Audit Committee and Nominating Committee
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
November 2002 - December 2004 : Audit Manager (Deloitte & Touche (Singapore))
January 2005 - June 2013 : Chief Financial Officer (SinCo Technologies Pte Ltd and SinCo Group Holdings Pte Ltd)
July 2013 - Present : Director (Orion Advisory Pte Ltd)
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)
SinCo Technologies Pte Ltd, Startech Moulding Technologies Pte Ltd (voluntarily struck off), SynTech Control Systems Pte Ltd (voluntarily struck off), Seals Investment Holdings Pte Ltd (members' voluntary winding up), SinCoat Pte Ltd (voluntarily struck off), Swiftronic Pte Ltd, Swiftronic Holding Pte. Ltd., SY Tech (Tianjin) Co., Ltd and SynTech (Tianjin) Co., Ltd
Present
Geo Energy Resources Limited, Orion Advisory Pte. Ltd., SinCo Precision Technologies Sdn. Bhd. (formerly known as SinCo Tooling Technologies Sdn Bhd) and SinCo Tianjin 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?
Yes
If Yes, Please provide full details
In 2010, the previous employer was named as the second Defendant in Suit 13 of 2010/A in the High Court of Singapore ("the Suit"). The Suit was a claim based on alleged minority shareholder oppression. The Company was named purely as a nominal defendant.

Eventually, the case was settled out of the court and Suit has been withdrawn.
(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 full details
Mr Lu was appointed as Independent Director of GEO Energy Resources Limited on 25 September 2012.