Investor Relations
Change - Announcement Of Appointment Of Executive Director
BackMay 27, 2019
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | May 27, 2019 17:26 |
| Status | New |
| Announcement Sub Title | APPOINTMENT OF EXECUTIVE DIRECTOR |
| Announcement Reference | SG190527OTHRMSDX |
| Submitted By (Co./ Ind. Name) | Lotus Isabella Lim Mei Hua |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Dr Chong Weng Chiew as an Executive Director of the Company |
| Additional Details | |
| Date Of Appointment | 27/05/2019 |
| Name Of Person | Dr Chong Weng Chiew |
| Age | 50 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board has approved the appointment of Dr Chong Weng Chiew as an Executive Director of the Company after having considered the recommendation of the Nominating Committee and having reviewed the experience and skillset of Dr Chong Weng Chiew |
| Whether appointment is executive, and if so, the area of responsibility | The appointment is Executive. Dr Chong will be responsible for the corporate affairs, including investor relations and corporate finance |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director |
| Professional qualifications | Bachelor of Medicine and Bachelor of Surgery, National University of Singapore |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Conflict of interests (including any competing business) | None |
| Working experience and occupation(s) during the past 10 years | Independent Director of United Envirotech Ltd from 2006 to 2012; Executive Director of United Envirotech Ltd from 2012 to 2015; Executive Vice President of CITIC Envirotech Ltd from 2015 till current |
| Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) | No |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 1,000,000 ordinary shares in CITIC Envirotech Ltd |
| Other Principal Commitments* Including Directorships# *"Principal Commitments" has the same meaning as defined in the Code # These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8). |
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| Past (for the last 5 years) | Yuan Heng Capital Pte Ltd |
| Present | 1)United Envirotech (Hong Kong) Company Limited 2)Max Rise Envirogroup Limited 3)Max Rise Water Services Holdings Limited 4)China Reform Puissance Overseas Holdings Limited 5) China Reform Overseas Management Co., Ltd. 6) Certex Holdings Limited |
| (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? | Yes |
| If Yes, Please provide details of prior experience | Was an Independent Director of United Envirotech Limited now known as CITIC Envirotech Ltd. |
| Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable) | Dr Chong Weng Chiew was Independent Director of United Envirotech Ltd from 2006 till 2012 and Executive Director of United Envirotech Ltd from 2012 to 2015 |