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Change - Announcement Of Promotion Of A Relative Of A Director To A Managerial Position
BackSep 13, 2017
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | PROMOTION OF A RELATIVE OF A DIRECTOR TO A MANAGERIAL POSITION |
| Securities | KARIN TECHNOLOGY HLDGS LIMITED (KARIN) |
| Date & Time of Broadcast | Sep 13, 2017 17:33 |
| Submitted By | WONG CHI CHEUNG, CLARENCE FINANCIAL CONTROLLER/ JOINT COMPANY SECRETARY |
| Description | The Board of Directors of Karin Technology Holdings Limited (the "Company" , or together with its subsidiaries, the "Group") wishes to announce the appointment of Mr Ng Mun Kit, Michael as General Manager of the Group with effect from 13 September 2017. |
| Appointment Details | |
| Date of appointment | Sep 13, 2017 |
| Name of person | NG MUN KIT, MICHAEL |
| Age | 39 |
| Country of principal residence | Hong Kong |
| The Board's comments on this appointment | The Board of Directors have approved the promotion of Mr Ng Mun Kit, Michael as General Manager of the Group based on his credentials and working experience. |
| Whether appointment is executive, and if so, the area of responsibility | Yes. He will be responsible for new business strategy, marketing and service operation for the Group. |
| Job title | General Manager |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr Ng Mun Kit, Michael is the son of Mr Ng Yuk Wing, Philip, Senior Executive director of the Company. |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | 2014 to present: Assistant General Manager of Karin Technology Holding Limited. As Assistant General Manager, 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. |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | Mr Ng Mun Kit, Michael is deemed interest in the 70,639,950 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) | N/A |
| Present | Asia Platform Investment Limited Karsing Pte Ltd |
| 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 | N/A |