| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Appointment of Executive Director and Chairman - Sue Ka Lok |
| Securities | COURAGE MARINE GROUP LIMITED (COURAGMA) |
| Date & Time of Broadcast | Oct 15, 2015 2:03 |
| Submitted By | Lee Pih Peng Company Secretary |
| Description | There are 3 new appointments (taking into account this appointment) and 3 cessations taking place contemporaneously. |
| Appointment Details | |
| Date of appointment | Oct 14, 2015 |
| Name of person | Sue Ka Lok |
| Age | 50 |
| Country of principal residence | Hong Kong |
| The Board's comments on this appointment | Appointment as part of the board renewal process pursuant to disposal of shares by Sea-Sea Marine Company Limited and China Lion International Limited. |
| Whether appointment is executive, and if so, the area of responsibility | Appointment is executive. Responsible for the proper functioning of the Board of Directors of the Company, maintaining on-going supervision over the management of the Company and the flow of information from Management to the Board of Directors of the Company. |
| Job title | Executive Director and Chairman, member of the Nomination Committee and member of the Remuneration Committee. |
| 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 | Mr. Sue is an executive director of China Strategic Holdings Limited (stock code: 235) and an executive director of Eyang Holdings (Group) Co., Limited (stock code: 117). Mr. Sue was an executive director and the chief executive officer of Enviro Energy International Holdings Limited (stock code: 1102) until 7 October 2015; and an executive director and the chief executive officer of BEP International Holdings Limited (stock code: 2326) until 10 January 2014 and 13 July 2015 respectively. Mr. Sue was also the chairman and a non-executive director of Winshine Entertainment & Media Holding Company Limited (formerly known as China Tycoon Beverage Holdings Limited) (stock code: 209) until 4 November 2014 and 27 November 2014 respectively; an executive director and the chairman of Hailiang International Holdings Limited (formerly known as Sunlink International Holdings Limited) (stock code: 2336) (Hailiang International) until 3 June 2014 and an executive director and the chief executive officer of Skyway Securities Group Limited (formerly known as Poly Capital Holdings Limited) (stock code: 1141) until 31 October 2014. All of the above companies are listed in Hong Kong. |
| 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) | 1) Enviro Energy International Holdings Limited 2) BEP International Holdings Limited 3) Winshine Entertainment & Media Holding Company Limited 4) Hailiang International Holdings Limited 5) Skyway Securities Group Limited |
| Present | 1) China Strategic Holdings Limited 2) Eyang Holdings (Group) Co., Limited |
| 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? | Yes |
| If yes, please provide full details | A winding up petition (the Petition) was issued against a company of which I was a director. The Petition was later dismissed by consent summons by parties involved. |
| (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 | Yes |
| If yes, please provide full details | I was a director of three companies which were given notice to produce records or documents pursuant to investigations/enquiry by the relevant regulatory authorities and I was also asked to attend to interview(s) in connection with an investigation on one of the companies of which I was an executive director prior to my resignation. I am an executive director of a company which was given notice to produce records or documents and to provide written answers pursuant to investigations by the relevant regulatory authority. The names of these companies have not been disclosed as all of these investigations/enquiry were confidential. The above investigations/enquiry were/have been directed to the companies for which I served/serve as director and not to myself personally and most of the investigations/enquiry are either closed or have been dormant for quite some time and no action has been taken against the companies concerned or myself. |
| (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? | Yes |
| If yes, please provide full details | Mr. Sue is an executive director of China Strategic Holdings Limited (stock code: 235) and an executive director of Eyang Holdings (Group) Co., Limited (stock code: 117). Mr. Sue was an executive director and the chief executive officer of Enviro Energy International Holdings Limited (stock code: 1102) until 7 October 2015; and an executive director and the chief executive officer of BEP International Holdings Limited (stock code: 2326) until 10 January 2014 and 13 July 2015 respectively. Mr. Sue was also the chairman and a non-executive director of Winshine Entertainment & Media Holding Company Limited (formerly known as China Tycoon Beverage Holdings Limited) (stock code: 209) until 4 November 2014 and 27 November 2014 respectively; an executive director and the chairman of Hailiang International Holdings Limited (formerly known as Sunlink International Holdings Limited) (stock code: 2336) ( Hailiang International ) until 3 June 2014 and an executive director and the chief executive officer of Skyway Securities Group Limited (formerly known as Poly Capital Holdings Limited) (stock code: 1141) until 31 October 2014. All of the above companies are listed in Hong Kong. |