INVESTOR RELATIONS
Newsroom
02 Aug 2016
Change - Announcement Of Appointment Of Executive Chairman And Chief Executive Officer Of The Company
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | APPOINTMENT OF EXECUTIVE CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF THE COMPANY |
| Securities | OKH GLOBAL LTD. (OKHGLOB) |
| Date & Time of Broadcast | Aug 2, 2016 20:12 |
| Submitted By | Chew Kok Liang Company Secretary |
| Description | Appointment of Mrs Celine Tang @Chen Huaidan @Celine Tang ("Mrs Celine Tang") as the Executive Chairman and Chief Executive Officer of the Company pursuant to the Subscription Agreement. |
| Appointment Details | |
| Date of appointment | Aug 2, 2016 |
| Name of person | Celine Tang @Chen Huaidan @Celine Tang |
| Age | 49 |
| Country of principal residence | Singapore |
| The Board's comments on this appointment | The appointment is made pursuant to the Subscription Agreement. The Nominating Committee has recommended the appointment of Mrs Celine Tang as Executive Chairman and Chief Executive Officer of the Company. The Board approved her appointment based on her qualifications and work experiences. |
| Whether appointment is executive, and if so, the area of responsibility | Executive Director. She is responsible for the strategic development of the Group's business activities, she oversees all key aspect of the Group's business functions and she is responsible for the business development and investment opportunities of the Group. |
| Job title | Executive Chairman and Chief Executive Officer |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Is one of the shareholder of the controlling shareholder, Haiyi Holdings Pte. Ltd. |
| Conflict of interests (including any competing business) | N.A. |
| Working experience and occupation(s) during the past 10 years | Mrs Celine Tang was first appointed as Non-Executive Director on 14 January 2013 and re-designated as Executive Director on 1 February 2013 and subsequently Group Managing Director of Singhaiyi Group Ltd. on 1 December 2013. Mrs Celine Tang served as the Managing Director of Haiyi Holdings Pte. Ltd. ("Haiyi") since 2003 and is in charge of its daily operations and decision-making. She has been an Executive Director of Tang Dynasty Pte Ltd since 1995. |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | Deemed interested in 500,000,000 shares held by Haiyi Holdings Pte. Ltd. |
| 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) | Please see attached - Appendix A |
| Present | Please see attached - Appendix B |
| 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 | 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 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 | Mrs Celine Tang was first appointed as Non-Executive Director on 14 January 2013 and re-designated as Executive Director on 1 February 2013 and subsequently Group Managing Director of Singhaiyi Group Ltd. on 1 December 2013. |