Investor Relations
Change - Announcement Of Appointment Of Executive Director And Chairman
BackApr 24, 2015
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | APPOINTMENT OF EXECUTIVE DIRECTOR AND CHAIRMAN |
| Securities | UNITED ENVIROTECH LTD (UTDENV) |
| Date & Time of Broadcast | Apr 24, 2015 17:41 |
| Submitted By | Dr Lin Yucheng Executive Director and Chief Executive Officer |
| Description | Appointment of Executive Director and Chairman |
| Appointment Details | |
| Date of appointment | Apr 24, 2015 |
| Name of person | Hao Weibao |
| Age | 46 |
| Country of principal residence | China |
| The Board's comments on this appointment | Mr Hao Weibao has been nominated by CKM (Cayman) Limited, a substantial shareholder of the Company, for appointment as Executive Director of the Company. The Nominating Committee )"NC") has assessed the appointment of Mr Hao as a Director of the Company. During the nomination process, the NC has taken into account Mr Hao's qualifications and experience. The Board of Directors, upon the recommendation of the NC is of the view, that Mr Hao's appointment as a Director will be beneficial to the Board and the Company. |
| Whether appointment is executive, and if so, the area of responsibility | The appointment is executive in nature. Mr Hao Weibao will be responsible for making significant corporate decisions and setting management objectives, and he will oversee the effective implementation of corporate strategy. |
| Job title | Executive Chairman |
| 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 | Mr. HAO Weibao is the President and Vice Chairman of CITIC Environment Investment Group Co., LTD. He is responsible for the day-to-day management of the company and the effective implementation of corporate strategies and policies. He concurrently also serves as the President of CITIC Investment Holdings Limited. Before joining CITIC Group Corporation in 2008, he worked at Sinopec for over 14 years, where he gained a wide range of valuable experience in the fields of investment, finance and international trade. During his employment with Sinopec, he worked overseas for over 10 years, taking management and leadership positions in different offices worldwide. Mr. Hao holds a Bachelor degree of Economics, with honors, from Jiangxi University of Finance and Economics, and MBA degree from Chinese University of 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) | Beijing CITIC Xinyuan Technology Development Co., Ltd Beijing Citi-Ben GS Product Co., LTD |
| Present | CITIC Environment Investment Group Co., LTD CITIC Investment Holdings Limited CITIC Wily Equity Investment Fund Management Company Xian CITIC Silk Road Hotel Company Ltd. Jiangsu Xinguanglian Technology Co., Ltd Beijing Thomson CITIC Digital Technology Co., Ltd CITIC Environment (International) Company Limited CKM (Cayman) Company Limited CENVIT (Cayman) Company 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? | No |
| If yes, please provide full details | The Company will arrange for Mr Hao Weibao to attend training courses to familiarise himself with the role and responsibilities of a director of a listed company. |