Change - Announcement Of Appointment Of Non-Executive And Non-Independent Director - Mr Wang Zhijun

Sep 29, 2017
Announcement Title Change - Announcement of Appointment
Announcement Subtitle Appointment of Non-Executive and Non-Independent Director - Mr Wang Zhijun
Securities YINDA INFOCOMM LIMITED (YINDAINF)
Date & Time of Broadcast Sep 29, 2017 23:33
Submitted By Qian Zimin
Chief Executive Officer
Description This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "Exchange"). The Company's Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the Exchange and the Exchange 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. Ong Hwee Li (Telephone: +65-6532 3829) at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542. SAC Capital Private Limited is the parent company of SAC Advisors Private Limited.
Appointment Details
Date of appointment Sep 30, 2017
Name of person Wang Zhijun
Age 66
Country of principal residence China
The Board's comments on this appointment Mr Wang was nominated for appointment by Yinda Pte. Ltd. ("Yinda"), the new controlling shareholder of the Company. The Board has considered the recommendation of the Nominating Committee and is of the view that Mr Wang has the requisite qualifications, capabilities and experience to assume the role of Non-Executive Director and Non-independent Director.
Whether appointment is executive, and if so, the area of responsibility Non-Executive.
Job title Non-Executive and Non-Independent Director.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries Mr Wang is the spouse of Ms Song Xingyi who was appointed as Non-Executive and Non-Independent Chairman of the Company on 30 September 2017. Ms Song is also a Director of Yinda.

Mr Wang is also the father of Mr Wang Hua, who is a deemed controlling shareholder of the Company.
Conflict of interests (including any competing business) Nil
Working experience and occupation(s) during the past 10 years 2017 to date - Chairman of Anhui Diantong Communication Engineering Co., Ltd.
2001 to 2016 - General Manager of Anhui Diantong Communication Engineering Co., Ltd.
Shareholding interest in the listed issuer and its subsidiaries Yes
Shareholding details Deemed to be interested in 120,437,180 ordinary shares or 79.23% held by Yinda Pte. Ltd. in the Company
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 Anhui Diantong Communication Engineering Co., Ltd.
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 Mr Wang has been briefed on the roles and responsibilities of a director in a listed company by a law firm.