INVESTOR RELATIONS
Newsroom
02 Mar 2015
Change - Announcement Of Appointment Of Chief Financial Officer Of The Company
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | APPOINTMENT OF CHIEF FINANCIAL OFFICER OF THE COMPANY |
| Securities | OKH GLOBAL LTD. (OKHGLOB) |
| Date & Time of Broadcast | Mar 2, 2015 17:54 |
| Submitted By | BON WEEN FOONG EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER |
| Description | Mr Francis Lee Fook Wah is appointed as Chief Financial Officer of the Company with effect from 2 March 2015. Xandar Capital Pte Ltd (formerly known as Asiasons WFG Capital Pte Ltd) was the financial adviser to the Company in relation to the acquisition of the entire issued share capital of OKH Holdings Pte. Ltd. (the Financial Adviser). The Financial Adviser assumes no responsibility for the contents of this announcement. |
| Appointment Details | |
| Date of appointment | Mar 2, 2015 |
| Name of person | Francis Lee Fook Wah |
| Age | 49 |
| Country of principal residence | Singapore |
| The Board's comments on this appointment | Based on Management's proposal that Mr Francis Lee Fook Wah be appointed as the Chief Financial Officer of the Company, the Audit Committee recommended to the Board and the Board subsequently approved the appointment, after taking into consideration his professional qualification and working experience. |
| Whether appointment is executive, and if so, the area of responsibility | Executive, responsible for financial reporting, compliance to listing requirement, overall management of finance function of the Group. |
| Job title | Chief Financial Officer |
| 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 | 1 October 2014 to 1 March 2015 OKH Global Ltd Advisor to CEO June 2004 to June 2005 AP Oil International Ltd Investment Manager Investors relationship and regulatory compliance. Looking into various investment opportunities and seeking value investors. July 2005 to Jan 2011 Man Wah Holdings Ltd Chief Financial Officer To oversee the overall accounting and finance functions of the company and is responsible for matters relating to its corporate regulatory compliance and reporting both in Singapore and Hong Kong. |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| Other Directorships | |
| Note: 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) | Jes International Holdings Ltd |
| Present | Sheng Siong Group Ltd Net Pacific Financial Holdings Ltd Metech International Ltd Asiaphos Ltd Wise Alliance Investments Ltd |
| Information Required Persuant To Listing Rule 704(7)(H) | |
| (a) Whether at any time during the past 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 any 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 | Yes |
| If yes, please provide full details | He was concerned with the management or conduct of the affairs of a corporation which had been investigated for a breach of law or regulatory requirements governing corporations in Singapore. To the best of his knowledged, the investigations by the CAD involved certain directors of a corporation and not himself. |
| (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 with 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 |
| Information Required persuant to Listing Rule 704(7)(I) | |
| Note: Disclosure applicable to the appointment of Director only | |
| Any prior experience as a director of a listed company? | Yes |
| If yes, please provide full details | Not applicable as he is appointed as Chief Financial Officer of the Company. |