Stock Code:YYB.SI
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Announcement of Appointment of Executive Director (Mr Ng Kai Man) |
| Securities |
ELEKTROMOTIVE GROUP LIMITED (ELEKTROG) |
| Date & Time of Broadcast | Mar 9, 2016 18:03 |
| Submitted By |
Ricky Ang Gee Hing Executive Vice-Chairman and Managing Director |
| Effective Date and Time | Mar 9, 2016 17:00 |
| Description |
Appointment of Executive Director This announcement has been prepared by Elektromotive Group Limited (the "Company") and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of the Catalist. The Sponsor has not verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Ms Keng Yeng Pheng, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone (65) 6229 8088. |
| Appointment Details | |
| Date of appointment | Mar 9, 2016 |
| Name of person | Ng Kai Man |
| Age | 61 |
| Country of principal residence | Hong Kong |
| The Board's comments on this appointment | Upon the recommendation of the Nominating Committee, which had reviewed the qualifications and experience of Mr Ng Kai Man, the Board of Directors approved his appointment as Executive Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility |
Yes. Mr Ng Kai Man will be involved in business development and setting the strategic directions of the company and to assist the managing director of the company on executive responsibilities and operations of the company. |
| Job title | Executive Director. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No. |
| Conflict of interests (including any competing business) | No. |
| Working experience and occupation(s) during the past 10 years |
June 1994 to present Chief Executive Officer Century 21 Hong Kong Limited |
| 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) |
REA Realty Network Pte Ltd Huanxi Media Group Limited |
| Present |
Singapore: Century 21 Singapore Holdings Pte Limited Century 21 Investment Pte Limited Asia-Pacific Real Estate Agency Pte Limited Global Alliance Property Pte Ltd APS Technology Pte Ltd Global Overseas Chinese Real Estate .Net Pte Ltd Hong Kong: Wiz Investments Limited 21 China Limited 21 Services Limited Century 21 (HK) Group Limited 21 Group Limited Kingswick Strategy Limited Smart Arrow Limited Century 21 Hong Kong Limited Precheer Limited China Perfect Limited Menkin Limited Hilyard Pacific Limited Century 21 Surveyors Limited Century 21 Property Agency Limited New Leader Limited BVI: Century 21 Apac Limited One Culture Limited Grand Rich Resources Limited Richy Fame International Limited Kingbox Investments Limited Asset Expert Limited Vigour Well Limited Macau: Century 21 Limitada / Century 21 Limited |
| 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 |
Huanxi Media Group Limited China Infrastructure Investment Limited Capital Estate Limited Notwithstanding Mr Ng Kai Man's prior experience as director of foreign listed companies, the Company will arrange for him to attend relevant training to familiarise himself with the roles and responsibilities of a director of a Singapore listed company |