21 Oct 2020
Change - Announcement Of Appointment Of Chief Operating Officer - Lee Jun Linn
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Oct 21, 2020 18:12 |
| Status | New |
| Announcement Sub Title | Appointment of Chief Operating Officer - Lee Jun Linn |
| Announcement Reference | SG201021OTHRRFAU |
| Submitted By (Co./ Ind. Name) | Sharon Yeoh |
| Designation | Company Secretary |
| 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 ("SGX-ST") and the SGX-ST 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 Ms Tay Sim Yee (Telephone no.: (65) 6232 3210) at 1, Robinson Road, #21-00 AIA Tower, Singapore 048542. |
| Additional Details | |
| Date Of Appointment | 21/10/2020 |
| Name Of Person | Lee Jun Linn |
| Age | 35 |
| Country Of Principal Residence | Malaysia |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Mr. Lee Jun Linn will be appointed as Chief Operating Officer ("COO") of the Company, in addition to his existing role as Executive Director of the Company. The Nominating Committee ("NC") has reviewed Mr. Lee Jun Linn's background, experience and contributions to the Group and is of the opinion that Mr. Lee Jun Linn has the requisite experience and capability to assume the roles and responsibilities of COO of the Company. The appointment of Mr. Lee Jun Linn as COO of the Company based on the NC's recommendation has been approved by the Board. Mr. Lee Jun Linn will be the Executive Director and COO of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | The appointment is Executive. Upon appointed as COO, Mr. Lee Jun Linn will report directly to the Chief Executive Officer of the Company and will be responsible for the overall operational matters within the Group. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director and COO |
| Professional qualifications | Nil |
| 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 | Mr. Lee Jun Linn is the son of Mr. Lee Keck Keong (the Executive Director and Chief Executive Officer and a controlling shareholder of the Company) and Ms. Sim Ai Cheng (a controlling shareholder of the Company). He is also the brother of Mr. Lee Jun Yih (the Executive Director, Finance Director and a controlling shareholder of the Company). |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | Mr. Lee Jun Linn started his career with the Group as an Assistant General Manager of Shanghai Full-10 International Trading Co., Ltd. ("Unigloves Shanghai") in April 2008 and rose through ranks to become General Manager of Unigloves Shanghai in 2012. He was also appointed as a director of Unigloves Shanghai in July 2011 and a director of Unigloves (UK) Limited in April 2015. Mr. Lee Jun Linn was appointed as Executive Director of the Company on 20 November 2014. He is responsible for directing the Group's sales, marketing and distribution platform, and focuses on developing the Group's marketing strategies and expanding its distribution network. |
| 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 | Direct interest of 2,175,456 ordinary shares and deemed interest of 367,692,294 ordinary shares |
| # 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) | Glorious Bloom Group Limited (dissolved) |
| Present | UGHC Marketing Pte. Ltd. Unigloves (Singapore) Pte. Ltd. Unigloves (UK) Limited Shanghai Full-10 International Trading Co., Ltd. Raydion Direct Global Inc |
| (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 | Mr. Lee Jun Linn has been an Executive Director of the Company since 20 November 2014. |