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Change - Announcement Of Appointment Of Independent Non-Executive Director

BackJul 24, 2017
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Jul 24, 2017 18:20
Status New
Announcement Sub Title Appointment of Independent Non-Executive Director
Announcement Reference SG170724OTHRX0VH
Submitted By (Co./ Ind. Name) Dr. Long Ming Fai Edwin
Designation Deputy Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below) Appointment of Independent Non-Executive Director
Additional Details
Date Of Appointment 24/07/2017
Name Of Person Neo Gim Kiong
Age 47
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 reviewed and considered the qualifications and working experience of Mr Neo Gim Kiong, approved the appointment of Mr Neo Gim Kiong as the Independent Non-Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Independent Non-Executive Director
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 2015 to Present
Sen Yue Holdings Limited - Chief Executive Officer

2004 to Present
Bizmen Corporation Pte Ltd and Dollar Tree Inc Pte Ltd - Founding Director

2009 to 2011
Jackspeed Corporation Ltd - Executive Director

2004 to Present
Ban Leong Technologies Limited - Independent Director

2014 to Present
International Press Softcom Limited - Independent Director

2015 to Present
Astaka Holdings Limited - Non-Executive Chairman and Independent Director

2006 to Present
P. R. China Guangdong Province Overseas Exchange Association - Board Member

2012 to Present
P. R. China Ningxia Autonomous Region Overseas Exchange Association - Board Member
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) Audion Innovision Pty Ltd

Universal Resource and Services Limited

Digital Blue Pty Ltd
Present Dollar Tree Inc Pte Ltd

Bizmen Corporation Pte Ltd

BLC (China) Ltd

Ban Leong Technologies Limited

International Press Softcom Limited

AV Labs International Pte Ltd

Gifted and Talented Education Pte Ltd

Ban Leong Technologies Australia Pty Ltd

Astaka Holdings Limited

Sen Yue Holdings Limited

PNE Micron Engineering Pte Ltd

PNE-SINO Pte Ltd

PNE Resources Pte Ltd

PNE Micron Engineering Sdn Bhd

CED System Sdn Bhd

PNE Micron (Kuala Lumpur) Sdn Bhd

Hong Nam Industry (M) Sdn Bhd

PNE Marvellous Sdn Bhd

Macore Technology (M) Sdn Bhd

PNE Precision Sdn Bhd

SMC Industrial (UK) Co Ltd

SMC Industrial (HK) Limited
(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? Yes
If Yes, Please provide full details Around April 2013, I was investigated by Commercial Affairs Department ("CAD") regarding my involvement for the non-compliance of Section 162 of the Companies Act in relation to the grant of a staff loan to a director of a subsidiary of a Singapore listed company around October 2009 without prior shareholders' approval of that subsidiary. I was the Chief Executive Officer of that listed company at the relevant time. The staff loan was a sum of S$50,000, which was granted to that subsidiary's director to pay for the medical expenses of his mother, was granted with approval of the Chairman of the board of that listed company in accordance with the authority approval matrix of that listed company, and the Group Financial Controller was also involved in handling the procedures relating to that loan. The staff loan was repaid in full by the relevant director in May 2010. No charges were made against me, but I was issued with a letter of warning by CAD in January 2014 in relation to the same.
Any prior experience as a director of a listed company? Yes
If Yes, Please provide details of prior experience Ban Leong Technologies Limited

International Press Softcom Limited

Sen Yue Holdings Limited

Astaka Holdings Limited