Appointment of Non-Executive Director
| 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-Dec-2017 17:15:26 |
| Status | New |
| Announcement Sub Title | Appointment of Non-Executive Director |
| Announcement Reference | SG171229OTHR9DMI |
| Submitted By | Pascal Demierre |
| Designation | Executive Director |
| Description | Appointment of Mr Qin Jinke as Non-Executive Director with effect from 1 January 2018. |
| Additional Details | |
| Date of Appointment | 01/01/2018 |
| Name of Person | QIN JINKE |
| Age | 47 |
| Country Of Principal Residence | China |
| The Board’s comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The appointment of Mr Qin was proposed by the Company’s holding company, Sinochem International (Overseas) Pte. Ltd. (“SIO”).
Nominating Committee had reviewed and considered the nomination by SIO, composition of the Board as well as the professional expertise, experience and suitability of Mr Qin for the appointment as Non-Executive Director. The Board, after reviewed the recommendation from the Nominating Committee, approved the appointment of Mr Qin as a Non-Executive Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Executive |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive Director |
| 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 | Mr Qin Jinke has been with Sinochem International Corporation, Ltd. (“Sinochem”), a company listed on the Shanghai Stock Exchange for more than 10 years. His current position and roles with Sinochem during the past 10 years are as follows:
September 2014 to Present – Chief Financial Officer January 2010 to June 2012 – General Manager of Financial Headquarter March 2008 to January 2010 – Vice General Manager of Financial Headquarter February 2006 to March 2008 – General Manager of Accounting and Tax Department |
| 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? | No |
| # 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) | Sinochem International Corp Care Co., Ltd. |
| Present | (i) Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. (ii) Sinorgchem Technology Co., Ltd. (iii) Sinochem International Logistics Co., Ltd. (iv) Sinochem International (Overseas) Pte. Ltd. (v) Shanghai Dehuan Real Estate Co., Ltd. (vi) Shanghai WenChuang Trade Co., Ltd. (vii) Shanghai Hancheng Trade Co., Ltd. (viii) SC Petrochemical (HK) Co., Limited (ix) Jiangsu HuaYuan Coking Co., Ltd. (x) Shaxi Yaxin Coal Coking Co., 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 |
| (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 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 | The Company will arrange for Mr Qin to attend relevant training to familiarise himself with the roles and responsibilities of a director of a public listed company, including seminars conducted by the Singapore Institute of Directors. |