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Change - Announcement Of Appointment Of Executive Director
BackApr 01, 2020
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Apr 1, 2020 18:25 |
| Status | New |
| Announcement Sub Title | Appointment of Executive Director |
| Announcement Reference | SG200401OTHRZMY8 |
| Submitted By (Co./ Ind. Name) | Tjioe Ka Men |
| Designation | President/ Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | This announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (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:- Name: Mr Ong Hwee Li (Registered Professional, SAC Capital Private Limited) Address: 1 Robinson Road, #21-00 AIA Tower, Singapore 048542 Tel: +65 6232 3210 |
| Additional Details | |
| Date Of Appointment | 01/04/2020 |
| Name Of Person | Tjioe Ka In |
| Age | 55 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board of Directors of the Company has reviewed and considered the qualifications and experience of Mdm Tjioe Ka In ("Mdm Tjioe") and upon the recommendation of the Nominating Committee, has approved the appointment of Mdm Tjioe as Executive Director of the Company. Mdm Tjioe shall relinquish her current position as Chief Operating Officer upon her appointment as Executive Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | This appointment is executive. Mdm Tjioe has been with Tung Lok Group since Year 1988. Her primary responsibilities include: - Strategic planning and responsible for ensuring operational efficiencies of the Group and to accomplish the key performance indicators set. - Oversees Tung Lok s central kitchen, which produces ready-to-eat products, festive goodies, dim sum and sauces for local market. - Product development and planning. - Staff training and education. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director |
| Professional qualifications | Mdm Tjioe holds a Bachelor of Science Degree in Hotel and Restaurant Management from Oklahoma State University, USA. |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries | Sister of Mr Tjioe Ka Men (President/Chief Executive Officer of the Company) and related to controlling shareholders of the Company, Amazing Grace Investments Pte. Ltd. and Zhou Holdings Pte Ltd. |
| Conflict of interests (including any competing business) | None. |
| Working experience and occupation(s) during the past 10 years | Executive Director of the Company from 1 March 2001 till 1 November 2016 and was redesignated as Chief Operating Officer of the Company from 1 November 2016 till current. |
| 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 | Holds 105,840 shares of the Company in her own name. |
| # 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) | Tung Lok Restaurants (2000) Ltd T&T Gourmet Cuisine Pte. Ltd. |
| Present | Tung Lok Millennium Pte Ltd Tung Lok Arena Pte Ltd Club Chinois Pte Ltd Chinois Pte. Ltd. McBistro Pte. Ltd. Tung Lok Xihe Restaurant Pte. Ltd. Shin Yeh Restaurant Pte. Ltd. Tung Lok Signatures (2006) Pte. Ltd. Tung Lok Central Restaurant Pte. Ltd. Garuda Padang Restaurant (Singapore) Pte. Ltd. Olde Peking Dining Hall Pte. Ltd. Slappy Cakes (Singapore) Pte. Ltd. Tung Lok (China) Holdings Pte. Ltd. Charming Garden (Asia Pacific) Pte. Ltd. Amazing Grace Investments Pte. Ltd. Zhou Holdings Pte Ltd Pansum Catering Technology Pte. 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 an issuer listed on the Exchange? | Yes |
| If Yes, Please provide details of prior experience | Executive Director of Tung Lok Restaurants (2000) Ltd between 1 March 2001 to 1 November 2016. |
