News
11 May 2017
Change - Announcement Of Appointment Of Lead Independent Director And Chairman Of The Audit And Nominating Committees
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | May 11, 2017 23:40 |
| Status | New |
| Announcement Sub Title | Appointment of Lead Independent Director and Chairman of the Audit and Nominating Committees |
| Announcement Reference | SG170511OTHRH0AR |
| Submitted By (Co./ Ind. Name) | FANG MING |
| Designation | EXECUTIVE CHAIRMAN & GROUP CEO |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Lead Independent Director and Chairman of the Audit and Nominating Committees of the Company. Please also refer to the attached PDF for information relating to the appointment of Lead Independent Director and Chairman of the Audit and Nominating Committees of the Company. |
| Additional Details | |
| Date Of Appointment | 11/05/2017 |
| Name Of Person | Lim Yeow Hua @ Lim You Qin |
| Age | 55 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board having considered i) the recommendation of the Nominating Committee; and ii) Mr Lim Yeow Hua's qualifications and experience, is of the view that Mr Lim has the requisite experience and capabilities to assume the responsibilities as the Lead Independent Director and Chairman of the Audit and Nominating Committees of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | No. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead Independent Director and Chairman of the Audit and Nominating Committees |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | January 2006 to Present Managing Director of Asia Pacific Business Consultants Pte Ltd June 2016 to Present Director of Select Medical Services Ltd |
| 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) | Great Group Holdings Limited China Minzhong Food Corporation Limited Fujian Minzhong Co. Ltd |
| Present | Asia Pacific Business Consultants Pte Ltd Advanced Integrated Manufacturing Corp Limited Eratat Lifestyle Limited (in liquidation) KSH Holdings Limited KTL Global Limited Oxley Holdings Limited Select Medical Services 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 |
| (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 | September 2009 - April 2014 Independent Director of Great Group Holdings Limited April 2010 - February 2017 Independent Director of China Minzhong Food Corporation Limited (delisted on 28 February 2017) January 2006 - Present Independent Director of Advanced Integrated Manufacturing Corp Limited April 2008 - Present Independent Director of Eratat Lifestyle Limited (in liquidation) February 2007 - Present Independent Director of KSH Holdings Limited December 2007 - Present Independent Director of KTL Global Limited April 2014 - Present Independent Director of Oxley Holdings Limited |