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Change - Announcement Of Appointment Of Executive Director

BackJul 02, 2018
Announcement Title Change - Announcement of Appointment
Announcement Subtitle APPOINTMENT OF EXECUTIVE DIRECTOR
Securities KARIN TECHNOLOGY HLDGS LIMITED (KARIN)
Date & Time of Broadcast Jul 2, 2018 17:35
Submitted By Wong Chi Cheung, Clarence
Financial Controller/ Joint Company Secretary
Description The Board of Directors of Karin Technology Holdings Limited ("the Company") is pleased to announce the appointment of Mr. Ng Mun Kit, Michael ("Mr. Michael Ng") as Executive Director of the Company with effect from 1 July 2018.
Appointment Details
Date of appointment Jul 1, 2018
Name of person Ng Mun Kit, Michael
Age 40
Country of principal residence Hong Kong
The Board's comments on this appointment The Nominating Committee ("NC") had reviewed the qualification, working experience and expertise of Mr. Michael Ng and recommended his appointment.

The Board having considered the recommendation from the NC, approved the appointment of Mr. Michael Ng as Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility Yes. He will responsible for strategy planning and business development including marketing and service operations for the Group
Job title Executive Director
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries Mr. Michael Ng is the son of Mr. Ng Yuk Wing, Philip, a substantial shareholder of the Company. He is nephew of Mr. Ng Kin Wing, Raymond and Mr. Ng Kam Wing, Allan, Executive Chairman & Chief Executive Officer and Chief Technology Officer of the Group respectively.
Conflict of interests (including any competing business) Nil
Working experience and occupation(s) during the past 10 years 2014 to present
Assistant General Manager and promoted to General Manager of Karin Technology Holdings Limited. He was responsible for new business strategy, marketing and service operation for the Group.

2000 to 2014
Senior Consultant of Thomson Reuters in Sydney and Hong Kong where he was responsible for the training execution across the Group in Asia.
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 Mr. Michael Ng is deemed interested in the 70,639,950 ordinary shares held by Asia Platform Investment Limited which is an investment holding company owned by Mr. Ng Yuk Wing, Philip and Mr. Ng Mun Kit, Michael.
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) Nil
Present Asia Platform Investment Limited
Karsing Pte Ltd
KCF A Store 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 Mr. Michael Ng will attend relevant course to familiarize himself with the role and responsibilities as a director of a listed company on the SGX-ST.