| Announcement Title |
Change - Announcement of Appointment |
| Announcement Subtitle |
Appointment Of Executive Director - Mr Seiji Usui |
| Securities |
COSMOSTEEL HOLDINGS LIMITED (COSMOSTE)
|
| Date & Time of Broadcast |
May 29, 2015 17:41 |
| Submitted By |
Ong Chin Sum
Chief Executive Officer |
| Description |
Appointment of Executive Director |
| Appointment Details |
| Date of appointment |
Jun 1, 2015 |
| Name of person |
Seiji Usui |
| Age |
53 |
| Country of principal residence |
JP |
| The Board's comments on this appointment |
The Nominating Committee and Board of Directors of the Company have reviewed and considered Mr Seiji Usui's qualifications and work experience and are of the opinion that he is suitable for the role of Executive Director of the Company |
| Whether appointment is executive, and if so, the area of responsibility |
Assistant to the CEO, with, including but not limited to, the following duties:
1) Expanding the Company's business, such as business for Japanese customers, where Hanwa has a strength in;
2) Expanding the Company's international business through collaboration with Hanwa's global network;
3) Facilitating the communication with Hanwa to foster a strategic alliance;
4) Assisting in the procurement function of the Group within the guidelines established by the Board and report to the Chief Executive Officer of the Company ("CEO");
5) Developing and recommending to the CEO the strategic directions for the Group's procurement functions;
6) Developing and implementing policies and procedures to enhance the effectiveness and efficiency of the procurement functions of the Group and to ensure that these policies and procedures are ISO compliant;
7) Carrying out any other duties as may be delegated by the Board and/or the CEO from time to time;
in pursuance of his duties hereunder perform such services for any existing or future subsidiary or subsidiaries of the Company and without further remuneration (unless otherwise agreed) accept such offices in any such companies as the Board may from time to time reasonably require.
|
| Job title |
Executive Director |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries |
None |
| Conflict of interests (including any competing business) |
None |
| Working experience and occupation(s) during the past 10 years |
October 2005 - April 2008
Manager
International Trade Department
Hanwa Co., Ltd
November 2006 - April 2008
Foreign Project Manager (Additional post)
Hanwa Co., Ltd
April 2008-April 2014
General Manager
International Trade Department
Hanwa Co., Ltd
April 2014 - Current
Deputy of General Representative for Asia
Hanwa Co., Ltd |
| 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) |
None |
| Present |
None |
| 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 |
Company will arrange for Director's training |
