Change – Announcement of Appointment::Appointment of Group Chief Operating Officer
| Issuer & Securities | |
| Issuer/ Manager | HALCYON AGRI CORPORATION LIMITED |
| Securities | HALCYON AGRI CORPORATION LTD – SG2F48989824 – 5VJ HALCYONAGRI US$150M4.5%PERPSEC – XS1602310176 – 6V2B |
| Stapled Security | No |
| Announcement Details | |
| Announcement Title | Change – Announcement of Appointment |
| Date & Time of Broadcast | 29-Jun-2018 17:55:43 |
| Status | New |
| Announcement Sub Title | Appointment of Group Chief Operating Officer |
| Announcement Reference | SG180629OTHRHRND |
| Submitted By | Pascal Demierre |
| Designation | Executive Director |
| Description | Mr Ng Eng Kiat be appointed as the Group Chief Operating Officer with effect from 1 July 2018. He is also the Managing Director of SINRIO Group |
| Additional Details | |
| Date of Appointment | 01/07/2018 |
| Name of Person | NG ENG KIAT |
| Age | 38 |
| Country Of Principal Residence | Singapore |
| The Board’s comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Nominating Committee had reviewed the professional expertise, competency and suitability of Mr Ng Eng Kiat (“Mr Ng”) and is satisfied that Mr Ng possesses the requisite qualifications and work experiences for the role of Group Chief Operating Officer. The Board, after reviewed the recommendation from the Nominating Committee, approved the appointment of Mr Ng as the Group Chief Operating Officer |
| Whether appointment is executive, and if so, the area of responsibility | Executive. The Group Chief Operating Officer is responsible for overseeing the overall business operations of the Group. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Group Chief Operating Officer Managing Director – SINRIO |
| 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 | January 2018 to Present Managing Director – SINRIO March 2017 to June 2018 Group Chief Financial Officer of Halcyon Agri Corporation Limited Jan 2017 to December 2017 Chief Executive Officer – Indonesia, Halcyon Agri Corporation Limited Jan 2013 to December 2016 Group Chief Financial Officer of Halcyon Agri Corporation Limited 2011 to 2012 Group Financial Controller of Halcyon Investment Corporation Pte. Ltd. 2010 to 2011 Assurance Senior Manager of Ernst & Young LLP in Singapore 2005 to 2010 Assurance Manager of Ernst & Young LLP in Leeds, the United Kingdom |
| Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) | Yes |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 85,000 ordinary shares in the Company |
| # 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) | (1) JFL Rubber Sdn. Bhd. (2) Societe de Developpement du Caoutchouc Camerounais S.A. |
| Present | (1) Halcyon Rubber Company Pte. Ltd. (2) SINRIO (Malaysia) Sdn. Bhd. (3) SDCI Singapore Pte. Ltd. (4) Halcyon Rubber Estates Sdn. Bhd. (5) Hevea KB Sdn. Bhd. (6) JFL Agro Sdn. Bhd. (7) JFL Holdings Sdn. Bhd. (8) Centrotrade Commodities Malaysia Sdn. Bhd. (9) Euroma Rubber Industries Sendirian Berhad (10) Teck Bee Hang Co., Ltd. (11) PT. Hok Tong (12) PT Remco (13) PT. Sunan Rubber (14) PT. Rubber Hock Lie (15) PT. Hevea MK (16) PT. Hevea GE (17) PT. Bumi Jaya (18) PT. GMG Sentosa (19) PT. Bumi Jaya (20) PT. Pulau Bintan Djaya (21) PT. Sumber Alam (22) PT. Sumber Djantin (23) Hevea Cameroun S.A. (24) Societe de Developpement du Caoutchouc Ivoirien S.A. (25) Tropical Rubber Cote d”Ivoire S.A. (26) Halcyon Agri Natural Rubber (Shanghai) Limited (27) Hainan Sinochem Rubber Co., Ltd. (28) Xishuangbanna Sinochem Rubber Co., Ltd. (29) Shanghai Hancheng Trading Co., Ltd. (30) GLYPH Pte. Ltd. |
| (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 |
| (v) 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 a listed company? | No |
| If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company | Not Applicable |