| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Appointment of Executive Director - Chan Yuk Yee |
| Securities | COURAGE MARINE GROUP LIMITED (COURAGMA) |
| Date & Time of Broadcast | Nov 1, 2015 15:16 |
| Submitted By | Lee Pih Peng Company Secretary |
| Description | There are 2 new appointments (taking into account this appointment) taking place contemporaneously. |
| Appointment Details | |
| Date of appointment | Oct 30, 2015 |
| Name of person | Chan Yuk Yee |
| Age | 47 |
| Country of principal residence | Hong Kong |
| The Board's comments on this appointment | The Board of Directors of the Company has reviewed the Nomination Committee's recommendation and the qualifications and experiences of Ms. Chan Yuk Yee ("Ms. Chan") and has approved the appointment of Ms. Chan as an Executive Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Appointment is executive. Ms. Chan works with other Executive Directors of the Company on the overall development of the Group's businesses. |
| 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 | Ms. Chan is the company secretary of Hailiang International Holdings Limited (formerly known as Sunlink International Holdings Limited) (stock code: 2336). Ms. Chan was an executive director of Huajun Holdings Limited (formerly known as New Island Printing Holdings Limited) (stock code: 377) until 25 September 2014 and an executive director and the company secretary of Winshine Entertainment & Media Holding Company Limited (formerly known as China Tycoon Beverage Holdings Limited) (stock code: 209) until 10 November 2014 when she was redesignated as a non-executive director and served until 8 April 2015. She was also the company secretary of Enviro Energy International Holdings Limited (stock code: 1102) and Skyway Securities Group Limited (formerly known as Poly Capital Holdings Limited) (stock code: 1141) until 7 October 2015 and 2 July 2014 respectively. 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) Huajun Holdings Limited (formerly known as New Island Printing Holdings Limited) (stock code: 377) 2) Winshine Entertainment & Media Holding Company Limited (formerly known as China Tycoon Beverage Holdings Limited) (stock code: 209) |
| 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 | Yes |
| If yes, please provide full details | Ms. Chan was a director of a company which was given notice to produce records or documents pursuant to investigations by the relevant regulatory authorities. The name of such company has not been disclosed as the investigations were confidential. The said investigations were directed to the company for which Ms. Chan served as director and not to Ms. Chan personally and the investigations are either closed or have been dormant for quite some time and no action has been taken against the company concerned or Ms Chan. |
| (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 | The director experience of Ms. Chan in the following listed companies in Hong Kong: Ms. Chan was an executive director of Huajun Holdings Limited (formerly known as New Island Printing Holdings Limited) (stock code: 377) until 25 September 2014 and an executive director of Winshine Entertainment & Media Holding Company Limited (formerly known as China Tycoon Beverage Holdings Limited) (stock code: 209) until 10 November 2014 when she was redesignated as a non-executive director and served until 8 April 2015. All of the above companies are listed in Hong Kong. |