Thursday, February 26, 2015

Company announcements: CCFH, PS Group, Xyec

CCFH - Change - Announcement of Appointment::Appointment of Executive Director and Deputy Executive Chairman

Announcement Type: Announcement of Appointment
Company: CCFH LTD.
Stock Code/Name: 5RF - CCFH

Change - Announcement of Appointment::Appointment of Executive Director and Deputy Executive Chairman
Issuer & Securities
Issuer/ ManagerCCFH LTD.
SecuritiesCCFH LTD. - SG2B96959558 - 5RF
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast26-Feb-2015 18:46:32
StatusNew
Announcement Sub TitleAppointment of Executive Director and Deputy Executive Chairman
Announcement ReferenceSG150226OTHRZ3PX
Submitted By (Co./ Ind. Name)Darren Tan Poon Guan
DesignationJoint Company Secretary
Description (Please provide a detailed description of the event in the box below)Appointment of Mr Lim Yew Seng as the Executive Director and Deputy Executive Chairman

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, R & T Corporate Services Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of 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. The Sponsor and the SGX-ST assume 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. Howard Cheam Heng Haw (Telephone: +65 6232 0685) at R & T Corporate Services Pte. Ltd., 9 Battery Road, #25-01 Straits Trading Building, Singapore 049910.
Additional Details
Date Of Appointment26/02/2015
Name Of PersonMr Lim Yew Seng
Age55
Country Of Principal ResidenceChina
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)The Board of Directors has accepted the recommendation by the Nominating Committee which has reviewed Mr Lim Yew Seng's credentials and experience, and approved the appointment of Mr Lim Yew Seng as an Executive Director and Deputy Executive Chairman of the Company.
Whether appointment is executive, and if so, the area of responsibilityExecutive. Deputy Executive Chairman.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Executive Director and Deputy Executive Chairman.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNil
Conflict of interests (including any competing business)Nil
Working experience and occupation(s) during the past 10 yearsJanuary 2005 - December 2006: Managing Director of Orica Capital (Shenzhen) Ltd, January 2006 - August 2009: Managing Director of Everest Capital Management (Shanghai) Ltd, August 2009 - September 2011: Partner of Creat Capital (Hong Kong) Co., Ltd, June 2012 - Present: Managing Partner of Mercury Capital Investment Limited
Shareholding interest in the listed issuer and its subsidiaries?No
# 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)(1) Paintfree Media International Pte. Ltd. (2) Everest Capital Management (Shanghai) Limited
Present(1) Mercury Capital Investment Limited (2) Jia Mia Technologies 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
(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 companyThe director, upon appointment, is advised of the directors' duties, obligations and compliance requirements under the relevant statutes and the Listing Manual (Section B: Rules of Catalist) of the Singapore Exchange Securities Trading Limited. The Company will advise and sponsor the directors for relevant and useful seminars conducted by external organisations pertaining to, inter alia, listed company directors' duties, corporate governance and the financial reporting regime.



CCFH - Financial Statements and Related Announcement::Full Yearly Results

Announcement Type: Financial Statements
Company: CCFH LTD.
Stock Code/Name: 5RF - CCFH

Financial Statements and Related Announcement::Full Yearly Results
Issuer & Securities
Issuer/ ManagerCCFH LTD.
SecuritiesCCFH LTD. - SG2B96959558 - 5RF
Stapled SecurityNo
Announcement Details
Announcement Title Financial Statements and Related Announcement
Date & Time of Broadcast26-Feb-2015 18:42:08
StatusNew
Announcement Sub TitleFull Yearly Results
Announcement ReferenceSG150226OTHRY970
Submitted By (Co./ Ind. Name)Chang Wei Lu
Designation Executive Chairman
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)Please see attached.
Additional Details
For Financial Period Ended31/12/2014
Attachments



PS Group - Change - Announcement of Appointment::APPOINTMENT OF KEY EXECUTIVE

Announcement Type: Announcement of Appointment
Company: PS GROUP HOLDINGS LTD.
Stock Code/Name: 5WD - PS Group

Change - Announcement of Appointment::APPOINTMENT OF KEY EXECUTIVE
Issuer & Securities
Issuer/ ManagerPS GROUP HOLDINGS LTD.
SecuritiesPS GROUP HOLDINGS LTD. - SG2F90994508 - 5WD
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast26-Feb-2015 18:19:05
StatusNew
Announcement Sub TitleAPPOINTMENT OF KEY EXECUTIVE
Announcement ReferenceSG150226OTHRZEJ1
Submitted By (Co./ Ind. Name)Teo Choon Hock
DesignationExecutive Chairman
Description (Please provide a detailed description of the event in the box below)Please refer to the information below.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, United Overseas Bank Limited (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. The Sponsor and the SGX-ST assume 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 persons for the Sponsor are Mr Khong Choun Mun, Managing Director, Corporate Finance and Mr David Tham, Senior Director, Corporate Finance, who can be contacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, Telephone: +65 6533 9898.
Additional Details
Date Of Appointment26/02/2015
Name Of PersonLim Kwang Seng Edwin ("Mr Edwin Lim")
Age50
Country Of Principal ResidenceSingapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)The Board is satisfied that Mr Edwin Lim possesses the requisite qualifications, work experience and competencies for his appointment as Managing Director of PS Components Pte. Ltd. ("PSC"), a 90.0%-owned subsidiary of the Company.
Whether appointment is executive, and if so, the area of responsibilityExecutive.

Mr Edwin Lim will be responsible for the operations and business development of PSC.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Managing Director of PSC
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNil
Conflict of interests (including any competing business)Mr Edwin Lim is the Managing Director/Owner of Cima Marketing & Procurement ("CMP"), a sole proprietorship, and Cima Marketing Pte. Ltd. ("CMPL"), which are engaged in the trading of industrial fasteners. Mr Edwin Lim has undertaken to cease the business and operations of CMP and CMPL with immediate effect and to procure the termination of CMP and winding up of CMPL immediately after the settlement of existing outstanding receivables from and payables due to CMP and CMPL.

In addition, the employment contract that Mr Edwin Lim has entered into with PSC provides that he may not, without the prior written consent of PSC, engage, whether directly or indirectly, in any business or employment outside his hours of work for PSC.
Working experience and occupation(s) during the past 10 yearsAug 2003 to Mar 2005 - PT AJBS Swalayan (Sales and Sourcing Consultant- Indonesia)
Apr 2005 to Jul 2014 - Cima Marketing & Procurement (Sole proprietorship)
Jul 2014 to present - Cima Marketing Pte. Ltd. (Managing Director/Owner)
Shareholding interest in the listed issuer and its subsidiaries?Yes
Shareholding DetailsYes. 50,000 ordinary shares in PSC, representing a 10.0% equity interest.
# 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)Galent Fastech Sdn Bhd
PresentCima Marketing Pte. Ltd.
PS Components 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
(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 companyN/A



PS Group - Change in Corporate Information

Announcement Type: Change in Corporate Information
Company: PS GROUP HOLDINGS LTD.
Stock Code/Name: 5WD - PS Group

Change - Change in Corporate Information::INCORPORATION OF A SUBSIDIARY IN SINGAPORE / UPDATE ON THE USE OF PROCEEDS FROM IPO
Issuer
Issuer/ ManagerPS GROUP HOLDINGS LTD.
Announcement Details
Announcement Title Change - Change in Corporate Information
Date & Time of Broadcast26-Feb-2015 18:18:21
StatusNew
Announcement Sub TitleINCORPORATION OF A SUBSIDIARY IN SINGAPORE / UPDATE ON THE USE OF PROCEEDS FROM IPO
Announcement ReferenceSG150226OTHRQBK5
Submitted By (Co./ Ind. Name)Teo Choon Hock
DesignationExecutive Chairman
Description (Please provide a detailed description of the event in the box below)Please refer to the attachment.
Place Of Incorporation
ExistingNew
Singapore
Subsidiary
ExistingNew
N/APS COMPONENTS PTE. LTD.
Registered Address
ExistingNew
Attachments



Xyec - REPL::Tender/ Acquisition/ Takeover/ Purchase Offer::Voluntary

Announcement Type: Tender/ Acquisition/ Takeover/ Purchase Offer
Company: XYEC HOLDINGS CO., LTD.
Stock Code/Name: 5WR - Xyec

REPL::Tender/ Acquisition/ Takeover/ Purchase Offer::Voluntary
Issuer & Securities
Issuer/ ManagerXYEC HOLDINGS CO., LTD.
SecurityXYEC HOLDINGS CO., LTD. - JP3386480002 - 5WR
Announcement Details
Announcement Title Voluntary Tender/ Acquisition/ Takeover/ Purchase Offer
Date & Time of Broadcast26-Feb-2015 18:26:13
StatusReplacement
Corporate Action ReferenceSG150130TENDLE4X
Submitted By (Co./ Ind. Name)Manabu Kobayashi
DesignationExecutive Chairman, President, CEO and Representative Director
Percentage Sought (%)42.88
Event Narrative
Narrative TypeNarrative Text
Additional TextVoluntary Conditional Cash Partial Offer by Canaccord Genuity Singapore Pte. Ltd. for and on behalf of Mamezou Holdings Co., Ltd. to acquire 31,825,000 ordinary shares in the share capital of Xyec Holdings Co., Ltd.

For details on the percentage sought (referred to as relevant percentage in the announcement), please refer to the attached.
OfferorMamezou Holdings Co., Ltd.
Disbursement Details
Existing Security Details
Disbursement TypeCash
Cash Payment Details
Offer PriceSGD 0.3
Attachments
Related Announcements
30/01/2015 21:01:07




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