Change - Announcement of Appointment::Appointment of Executive Director - Tan Poh Guan (Chen Baoyuan)
Issuer & Securities
Issuer/ ManagerAA GROUP HOLDINGS LTD.
SecuritiesAA GROUP HOLDINGS LTD. - SG1S12926576 - 5GZ
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast17-Dec-2018 18:09:38
StatusNew
Announcement Sub TitleAppointment of Executive Director - Tan Poh Guan (Chen Baoyuan)
Announcement ReferenceSG181217OTHRFCMA
Submitted By (Co./ Ind. Name)Lai Choong Hon
DesignationExecutive Director
Description (Please provide a detailed description of the event in the box below)This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Stamford Corporate Services Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the 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 Mr Bernard Lui, Telephone: +65 6389 3000, Email: bernard.lui@morganlewis.com.
Additional Details
Date Of Appointment17/12/2018
Name Of PersonTan Poh Guan (Chen Baoyuan)
Age46
Country Of Principal ResidenceSingapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)This appointment is pursuant to the conditions precedent for the completion of the acquisition of the entire issued and paid-up share capital of Poh Huat Heng Corporation Pte. Ltd. ("PHH").

The Nominating Committee has considered that Mr Tan together with Mr Ng Chuan Heng (another director of the Company) and Mr Tan Jun Hao (together, the "PHH Vendors"), through a company known as Benetre Pte Ltd, indirectly hold 25% interest in a company known as Power Works Pte. Ltd. ("Power Works"), which is a major customer of PHH. Mr Tan, Mr Ng and Mr Tan Jun Hao are also directors of Power Works.

The Company's legal advisors have advised that the PHH Vendors' interests in Power Works do not constitute interested persons transactions as defined under the Listing Rules. The Board is of the view that while the PHH Vendors do not control Power Works in any way, their interest in Power Works will help to facilitate continuous business and contracts for PHH, which will in turn be advantageous to the Company. Having also assessed his qualifications and working experience, the Board unanimously agreed to the appointment of Mr Tan as an Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibilityExecutive. Overall business development and general management of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Executive Director.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo.
Conflict of interests (including any competing business)No.
Working experience and occupation(s) during the past 10 yearsPoh Huat Heng Corporation Pte. Ltd.
General Manager / Director
1996 - Present

Power Works Pte. Ltd.
Director / Chairman
September 2002 - Present

Power Works Drilling Pte. Ltd.
Director
July 2012 - Present

Benetre Pte. Ltd.
Director
January 2017 - Present

Engineering Manufacturing Services (S) Pte. Ltd.
Director
April 2007 - February 2017

W & P Corporation Pte Ltd
Director
February 2004 - August 2017

W&P Precast Pte. Ltd.
Director
March 2008 - August 2017

Germaxco Pte. Ltd.
Director
October 2016 - March 2017

Inventit Holdings Pte. Ltd.
Director
March 2013 - company struck off

Power Works Dilling Pte. Ltd.
Director
June 2012 - company struck off

Power Works International Pte. Ltd.
January 2007 - company struck off
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 Details60,175,000 - 3.38%
# 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)- Engineering Manufacturing Services (S) Pte. Ltd.
- W & P Corporation Pte Ltd
- W&P Precast Pte. Ltd.
- Germaxco Pte. Ltd.
- Power Works International Pte. Ltd.
Present- Poh Huat Heng Corporation Pte. Ltd.
- Power Works Pte. Ltd.
- Benetre Pte. Ltd.
- Power Works Drilling 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; orNo
(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; orNo
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; orNo
(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 companyMr Tan has no prior experience as a director of an issuer listed on the SGX-ST. However, Mr Tan has undergone training in the roles and responsibilities of a listed issuer as prescribed by the SGX-ST.