| Announce of Appointment of Executive Director and Vice President | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | ASIA POWER CORP LTD |
| Company Registration No. | 199701487C |
| Announcement submitted on behalf of | ASIA POWER CORP LTD |
| Announcement is submitted with respect to * | ASIA POWER CORP LTD |
| Announcement is submitted by * | Xue Liang |
| Designation * | Executive Chairman and Chief Executive Officer |
| Date & Time of Broacast | 21-Mar-2013 22:27:07 |
| Announcement No. | 00126 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Date of Appointment * | 21/03/2013 |
| Name * | Wang Daxi |
| Age * | 43 |
| Country of principal residence * | China |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | The Nominating Committee and Board of Directors have reviewed the qualification and experience of Mr Wang Daxi and approved his appointment as an Executive Director of the Company. |
| Whether appointment is executive, and if so, area of responsibility * | The appointment is executive. Mr Wang Daxi will be responsible for the overall financial and accounting functions and investment projects of the Group. |
| Job Title * | Executive Director and Vice President |
| Working experience and occupation(s) during the past 10 years * | 2009-Present - Vice President (Asia Power Corporation Limited) 2007-2009 - Vice President (Yangpu Fudaxin Investment Co., Ltd) 2004-2007 - Chief Financial Official (Yangpu Jia He Tai Fung Investment Co., Ltd) |
| Interest in the listed issuer and its subsidiaries * | 250,000 ordinary shares in Asia Power Corporation Limited 1,000,000 options under the Asia Power Share Option Schemes |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | No |
| Conflict of interest * | No |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) | No |
| Present | No |
| >> Information required under Rule 704(7)(h) | |
| Disclose the following matters concerning a director, chief executive officer, general manager or other executive officer of equivalent rank. If the answer to any questions is "yes", full details must be given. | |
| (a) * Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner? | No |
| (b) * Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency? | No |
| (c) * Whether there is any unsatisfied judgement 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 for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) 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 been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach? | No |
| (f) * Whether at any time during the last 10 years, judgement 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, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation 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 corporation? | No |
| (h) * Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation? | No |
| (i) * Whether he has ever been the subject of any order, judgement 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, | No |
| in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | |
| (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 |
| >> Information required under Rule 704(7)(i) | |
| Disclosure applicable to the appointment of Director only. | |
| 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 | Arrangement will be made by the Company for Mr Wang Daxi to undergo necessary training to familiarize him with the roles and responsibilities required of the Executive Director of a Listed Company. |
© 2013 SGX News
