Shanghai Asia Holdin : Announcement Of Appointment Of Chief Financial Officer

Appointment Details
Date of Appointment		11/09/2011
Name		Raymond Ng Say Than
Age		42
Country of principal residence		Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)		The Nominating Committee ("NC") had reviewed the qualifications and working experience of Mr Raymond Ng Say Than ("Mr Raymond Ng") and recommended his appointment. The Board of Directors, having considered the NC's recommendation, approved the appointment of Mr Raymond Ng as the Chief Financial Officer of the Company.
Whether appointment is executive, and if so, area of responsibility		Executive. Responsible for the financial management and accounting matters of the Group.
Job Title		Chief Financial Officer.
Working experience and occupation(s) during the past 10 years		Before joining the Group, Mr Raymond Ng spent more than 15 years in a global MNC, holding senior financial, general management and commercial roles. From 2006 to 2010, Mr Raymond Ng was the Commercial Director of the Exports Markets, and responsible for the operations and profitability of these markets. From 2004 to 2006, he was the General Director of a new Vietnam Joint Venture Company, and successfully set up the various functions in the company and brought the business to a financially viable position. From 2000 to 2004, Mr Raymond Ng was the Financial Director for Vietnam, taking overall responsibility of the Finance and IT department. Mr Raymond Ng is a member of ICPAS.
Interest in the listed issuer and its subsidiaries		Nil.
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries		Nil.
Conflict of interest		Nil.
Other Directorship
Past (for the last five years)		1. British American Tobacco (Singapore) Pte Ltd 2. British-American Tobacco Marketing (Singapore) Pte Ltd 3. Rothmans Industries Pte Ltd 4. Icefresh Limited 5. Sales Express (Asia Pacific) Pte Ltd 6. Rothmans of Pall Mall (S) Pte Ltd
Present		1. Raco Advisory Pte. Ltd
Information required pursuant to Listing Rule 704(7)(h)
a.	Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner?	No
b.	Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency?	No
c.	Whether there is any unsatisfied judgement 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 for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) 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 been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach?	No
f.	Whether at any time during the last 10 years, judgement 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, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation 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 corporation?	No
h.	Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation?	No
i.	Whether he has ever been the subject of any order, judgement 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,	No
	in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
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
Information required pursuant to Listing Rule 704(7)(i)
	Any prior experience as a director of a listed company?