News
Change - Announcement Of Appointment Of Mr Liu Fang-Kai As General Manager Of Gliderol Doors (S) Pte. Ltd.
BackMar 31, 2016
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Appointment of Mr Liu Fang-Kai as General Manager of Gliderol Doors (S) Pte. Ltd. |
| Securities | GDS GLOBAL LIMITED (GDSGLOB) |
| Date & Time of Broadcast | Mar 31, 2016 18:06 |
| Submitted By | Sharon Yeoh Company Secretary |
| Description | Appointment of Mr Liu Fang-Kai as General Manager of Gliderol Doors (S) Pte. Ltd. This announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume 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 Ms Tan Cher Ting, Director, Investment Banking, CIMB Bank Berhad, Singapore Branch, at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: +65 6337 5115. |
| Appointment Details | |
| Date of appointment | Apr 1, 2016 |
| Name of person | Liu Fang-Kai |
| Age | 38 |
| Country of principal residence | TW |
| The Board's comments on this appointment | The Nominating Committee ("NC") had considered Mr Liu Fang-Kai's working experience, capabilities and other relevant factors for the appointment as General Manager of the Company's wholly-owned subsidiary, Gliderol Doors (S) Pte. Ltd., and recommended to the Board of Directors (the "Board") for his appointment. Based on the NC's recommendation, the Board has approved Mr Liu Fang-Kai's appointment as General Manager of Gliderol Doors (S) Pte. Ltd. |
| Whether appointment is executive, and if so, the area of responsibility | The appointment is executive. Mr Liu will be responsible for the general management of the operations and the formulation of the strategic directions and expansions of Gliderol Doors (S) Pte. Ltd. He will report directly to Mr Wong Lok Yung, Chief Executive Officer, of the Group. |
| Job title | General Manager of Gliderol Doors (S) Pte. Ltd., a wholly-owned subsidiary of GDS Global Limited. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Son of Mr Liu Qiu-Xiong, Director of Gliderol Doors Asia Limited, Taiwan (a subsidiary of GDS Global Limited). |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | Gliderol Doors Asia Limited, Taiwan - General Manager from November 2012 till current Gliderol Doors Taiwan Limited, Taiwan - General Manager from March 2006 till March 2016 |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | GDS Global Limited - 400,000 ordinary shares (registered under CIMB Securities) (representing approximately 0.36% of the total issued shares 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) | Nil |
| Present | Director, Gliderol Doors Taiwan Limited Director, Yonliderol 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 | Not applicable |