Change - Announcement Of Appointment :: Appointment Of Chief Executive Officer (China)
BackApr 03, 2017
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Apr 3, 2017 19:38 |
| Status | New |
| Announcement Sub Title | Appointment of Chief Executive Officer (China) |
| Announcement Reference | SG170403OTHR8ZW6 |
| Submitted By (Co./ Ind. Name) | Andrew Young |
| Designation | Senior Legal Counsel |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Dr Cheah Kim Fee as Chief Executive Officer (China). |
| Additional Details | |
| Date Of Appointment | 30/03/2017 |
| Name Of Person | Cheah Kim Fee |
| Age | 51 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Borad of Directors has assessed Dr Cheah Kim Fee's ("Dr Cheah") qualification and experience, and is of the view that he has the relevant experience and capability to assume the duties and responsibilities as Chief Executive Officer (China). |
| Whether appointment is executive, and if so, the area of responsibility | Executive Officer. Dr Cheah plays an important role in identifying and assessing strategic merger and acquisition opportunities in the China South dental healthcare industry. He is also tasked with initiating preliminary negotiations with companies that fit the Group's investment criteria, post-acquisition integration. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Executive Officer (China) |
| 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 | Dr Cheah was the Chief Executive Officer ("CEO") of Q & M Dental Holdings (China) Pte Ltd ( "QDHC" ) from 1 June 2012 to 30th March 2017. QDHC is the Company's investment vehicle for its expansion into the private dental healthcare industry in China North. He was CEO of another Q & M subsidiary company, Q & M Dental Group (China) Pte Ltd from 1 April 2010. He was also the Sales Director at Ivoclar Vivadent Shanghai Representative Office from 2007 to 2009. From 2005 to 2007, he was practicing as a dentist at Global Healthcare, Shanghai. Between 2003 and 2005, Dr Cheah was a Research Assistant at the Faculty of Dentistry, University of Hong Kong. He was also a practicing dentist at Dr Tay and Partners Dental Surgeons Singapore from 1992 to 2003, and Singapore General Hospital between 1990 and 1992. Dr Cheah graduated from the National University of Singapore with a Bachelor of Dental Surgery in 1990. He also obtained a Diploma in General Dental Practice from Royal College of Surgeons, England in 1997 and Executive Masters of Business Administration from University of Washington Saint Louis, USA, in 2010. Dr Cheah was the first President of the College of General Practitioners (Singapore). |
| 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 | Q & M Aidite International Pte. Ltd.: 210,936 non-voting, redeemable and non-convertible class A preference shares Aoxin Q & M Dental Ltd.: 641,026 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) | - Q & M Dental (Beijing) Pte Ltd (liquidated) - Qinhuangdao Aidite High Technical Ceramics co (restructured) - Shanghai Q&M Investment Management Consulting Co - Shenyang XinAo Hospital Management Co - Shenyang Quanxin Medical Leasing Co |
| Present | - Q & M Dental (Shanghai) Pte Ltd - Shanghai Chuangyi Investment Management Co - Shenyang Q&M Management Consulting CO - AR Dental Supplies Sdn Bhd - Aidite (Qinhuangdao) Technology 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 | Dr Cheah attended Listed Compay Directors Programme Module 1 conducted by the Singapore Institute of Directors on 12 July 2016. |