| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Appointment of Independent Non-Executive Director |
| Securities | QIAN HU CORPORATION LIMITED (QIANHU) |
| Date & Time of Broadcast | Jul 31, 2015 17:13 |
| Submitted By | Kenny Yap Kim Lee Executive Chairman and Managing Director |
| Description | Appointment of Independent Non-Executive Director - Dr Ling Kai Huat |
| Appointment Details | |
| Date of appointment | Aug 1, 2015 |
| Name of person | Dr Ling Kai Huat |
| Age | 67 |
| Country of principal residence | Singapore |
| The Board's comments on this appointment | The Nominating Committee ("NC") has reviewed the Board structure, as well as the background of Dr Ling Kai Huat ("Dr Ling") and is of the view that Dr Ling's experience, specialization and achievement region in the research and knowledge of ornamental fish, including Dragon Fish, will bring valuable contribution to the Group. The NC's recommendation that Dr Ling be appointed as an Independent Director of the Company has been approved by the Board. |
| Whether appointment is executive, and if so, the area of responsibility | The appointment is independent and non-executive. |
| Job title | Independent 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 | 1973 to 1990 - Curator, Van Kleef Aquarium, Primary Production Department ("PPD") *1991 to 2011- Head, Ornamental Fish Section of Agri-Food and Veterinaty Authority Singapore ("AVA") *2012 to 2015 - Senior Specialist, AVA *During this period Dr Ling was mainly involved in the research of ornamental fish including Dragon Fish; he was also involved in among other things, acting as consultant to Technology Transfer Project on "Freshwater Food Fish Hatchery Project" in Lao-PDR; acting as consultant of Agri-food Technology Pte Ltd by providing training course on "Advanced Packing Technology for Ornamental Fish" to India ornamental fish traders; acting as member of the Consultancy Team deployed by INFOFISH, by arrangement with AVA, to the Marine Products Export Development Authority ("MPEDA"); providing technical advices on the restoring of a shrimp hatchery in Aceh, Indonesia. |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| 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 | Nil |
| 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 | The Company will arrange for Dr Ling 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. |