QAF : Announcement of appointment of Joint Group Managing Director

Issuer/ Manager

QAF LIMITED

Securities

QAF LTD ­ SG1A49000759 ­ Q01

Stapled Security

No

Announcement Title

Change ­ Announcement of Appointment

Date & Time of Broadcast

21­Dec­2016 17:12:01

Status

New

Announcement Sub Title

Appointment of Joint Group Managing Director

Announcement Reference

SG161221OTHREGL5

Submitted By (Co./ Ind. Name)

Lee Woan Ling

Designation

Company Secretary

Description (Please provide a detailed description of the event in the box below)

Please refer to information below.

Date Of Appointment

01/01/2017

Name Of Person

Goh Kian Hwee

Age

62

Country Of Principal Residence

Singapore

The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)

Please refer to the announcement by the Company dated 21 December 2016.

Whether appointment is executive, and if so, the area of responsibility

Executive. As Joint Group Managing Director, Mr Goh will, together with Mr Lin Kejian, be responsible for the leadership and overall management of the affairs of QAF and overall oversight of the QAF group of companies and is tasked to set strategic objectives and implement strategies to achieve the long­term growth of the QAF Group.

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)

Joint Group Managing 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

Please see attached resume

Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))

Yes

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)

Please see attached resume

Present

Please see attached resume

(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

(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 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?

Yes

If Yes, Please provide details of prior experience

Please refer to the attached resume

From (Year}

To (Year)

Name of Employer/ Organization

Position

2001

present

Rajah & Tann Singapore LLP

Senior Partner

Name of Company

Listed Company (Yes I No)

Hwa Hong Corporation Limited

Yes

From (Year)

Name of Company

Listed Company (Yes I No)

2004

Hong Leong Asia Ltd.

Yes

2009

Wah Hin and Company Private Limited

No

2010

Salim Group Foundation Pte. Ltd.

No

2010

First lndogroup Management Pte. Ltd.

No

2013

CapitaCommercial Trust Mangement Limited

Yes

2014

QAF Limited

Yes

2016

Gardenia International (S) Pte. Ltd.

No

2016

Gardenia Bakeries (K.L.) Sdn Bhd

No

2016

Gardenia Sales and Distribution Sdn. Bhd.

No

2016

Everyday Bakery & Confectionery Sdn. Bhd.

No

2016

Bakers Maison (M) Sdn. Bhd.

No

2016

Millif Industries Sdn . Bhd.

No

2016

Gaoyuan Pte. Ltd.

No

2016

Gardenia Food (Fujian) Co., Ltd

No