Change - Announcement of Appointment :: Appointment as Non-Independent Non-Executive Director
BackNov 30, 2021
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Nov 30, 2021 18:50 |
| Status | New |
| Announcement Sub Title | Appointment as Non-Independent Non-Executive Director |
| Announcement Reference | SG211130OTHRP39Q |
| Submitted By (Co./ Ind. Name) | Tan Poh Lan |
| Designation | Executive Director and Group CEO |
| Description (Please provide a detailed description of the event in the box below) | Appointment as Non-Independent Non-Executive Director |
| Additional Details | |
| Date Of Appointment | 01/12/2021 |
| Name Of Person | Yiu Ming Yiu |
| Age | 33 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board, having considered the recommendation of the Nominating Committee and assessed Mr Yiu's qualification and experience, is of the view that he has the requisite experience and capability to assume the duties and responsibilities of a Non-Independent Non-Executive Director. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Independent Non-Executive Director |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Independent Non-Executive Director |
| Professional qualifications | 1. Master's in Business Administration, Peking University, Guanghua School of Management 2. Business Information Technology, Ngee Ann Polytechnic |
| 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 | The appointee is the son of Mr Yiu Chi Shing, who is an indirect controlling shareholder of Cordlife Group Limited through his company, TransGlobal Real Estate Group Limited. |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | March 2017 to current - Chairman, Everest-Fortune (China) Commercial Factoring Co., Ltd. July 2015 to current - Vice Chairman, TransGlobal Group (International) Limited November 2014 to June 2015 - Business Analyst, Investment Banking Division (TMT), CCB International (Holdings) Limited April 2013 to June 2013 - Management Consultant, Integrative Consulting Project, Peking University Guanghua School of Management December 2012 to February 2013 - Winter Analyst, Investment Banking Division, MacQuarie Capital (Hong Kong) Limited November 2010 to August 2012 - Acting Platoon Sergeant, Security, Singapore Armed Forces |
| 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) | Nil |
| Present | 1. The New China Hong Kong Highway Limited 2. China Expressways Company Limited 3. Fareast Allied Investment Limited 4. Geranium Ventures Limited 5. Hadrian Assets Limited 6. Pushkin Enterprises Limited 7. Sinosmart Limited 8. Everest-Fortune (China) Commercial Factoring Co., LTD 9.. Jia Ming Investment Holdings Company Limited 10. Jia Yao Investment Holdings Company Limited 11. Orient Venuse Corporation |
| (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? | No |
| If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange | Mr Yiu will enroll for the SID Training programme for listed company directors. |