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Change - Announcement Of Appointment Of Independent Director

BackSep 30, 2016
Announcement Title Change - Announcement of Appointment
Announcement Subtitle APPOINTMENT OF INDEPENDENT DIRECTOR
Securities SINGHAIYI GROUP LTD. (SINGHAI)
Date & Time of Broadcast Sep 30, 2016 17:47
Submitted By Cho Form Po
Company Secretary
Description This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "Exchange"). The Company's Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Ong Hwee Li (Telephone No. 65-6532 3829) at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542.
Appointment Details
Date of appointment Oct 1, 2016
Name of person Yang Manlin
Age 25
Country of principal residence Hong Kong
The Board's comments on this appointment The Board has considered the Nominating Committee's assessment and recommendation of Ms Yang Manlin's qualifications, experience, and independence. The Board is satisfied that Ms Yang Manlin will be able to contribute positively to the Group.
Whether appointment is executive, and if so, the area of responsibility Non- executive
Job title Independent Non-executive Director
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries Yes, daughter of Mr Yang Dehe (a controlling shareholder of Hai Run Pte. Ltd., which is substantial shareholder of the Company).
Conflict of interests (including any competing business) No
Working experience and occupation(s) during the past 10 years 2016 - Present: General Manager Assistant, Guangzhou Wan Xing Real Estate Exploitation Co., Ltd.
2014 - 2016: Alternate Director to Mr Yang Dehe, Singhaiyi Group Ltd.
2011 - Present: Director, Hai Run Pte. Ltd.
Shareholding interest in the listed issuer and its subsidiaries Yes
Shareholding details Ms Yang is deemed interested in 237,000,000 shares held by Hai Run Pte. Ltd. of the Company representing approximately 8.26% of interests in the share capital of the Company.
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) 2014 - 2016: Alternate Director to Mr Yang Dehe, Singhaiyi Group Ltd.
Present 2011 - Present: Director, Hai Run 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? Yes
If yes, please provide full details Ms Yang was an alternate director to Mr Yang Dehe, who was an Independent Non-executive Director of SingHaiyi Group Ltd. She will continue to familiarize herself with the roles and responsibilities of a director of a Singapore-listed company.

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