Replace - Change - Announcement Of Re-Designation As Independent Non-Executive Chairman
BackDec 31, 2021
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Dec 31, 2021 12:19 |
| Status | Replace |
| Announcement Sub Title | Re-designation as Independent Non-Executive Chairman |
| Announcement Reference | SG211230OTHROWS0 |
| Submitted By (Co./ Ind. Name) | Foo Sey Liang |
| Designation | Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Re-designation as Independent Non-Executive Chairman |
| Additional Details | |
| Date Of Appointment | 15/01/2022 |
| Name Of Person | Kesavan Nair |
| Age | 57 |
| Country Of Principal Residence | Singapore |
| Date of last re-appointment (if applicable) | 26/04/2021 |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Upon the recommendation of the Nominating Committee, which had reviewed the credentials, performance and contributions of Mr Kesavan Nair, the Board of Directors approved his re-designation as Independent Non-Executive Chairman, and to remain as a Chairman of the Nominating Committee and Remuneration Committee and member of Audit and Risk Committee. |
| Whether appointment is executive, and if so, the area of responsibility | Not applicable |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Chairman, Chairman of the Nominating Committee and Remuneration Committee, and member of Audit and Risk Committee |
| Professional qualifications | 1990 - Barrister-at-Law, Middle Temple 1991 - Barrister and Solicitor of the Supreme Court of the Australian Capital Territory 1992 - Advocate and Solicitor the Supreme Court of Singapore |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries | None |
| Conflict of interests (including any competing business) | None |
| Working experience and occupation(s) during the past 10 years | 2008 to 2017 - Director, Genesis Law Corporation 2017 to Present - Director, Bayfront Law LLC |
| 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) | Directorships: Genesis Law Corporation Kitchen Culture Holdings Ltd. Genvest Pte Ltd Other Principal Commitments: Nil |
| Present | Directorships: Bayfront Law LLC IEV Holdings Limited Arion Entertainment Singapore Limited OxPay Financial Limited Other Principal Commitments: Nil |
| (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 an issuer listed on the Exchange? | Yes |
| If Yes, Please provide details of prior experience | See present directorships above |