News

Announcement Of Appointment Of Independent Director Who Is An Audit Committee Member

BackOct 01, 2010
Appointment Details
Date of Appointment 01/10/2010
Name Dr Tan Khee Giap
Age 54
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") has reviewed and recommended the appointment of Dr Tan as an Independent Director, taking into consideration the current Board size and composition, core competencies of the Board; the background and experience of Dr Tan. Based on the criteria set out in the Code of Corporate Governance, Dr Tan is considered independent. The Board of Directors, having considered the NC's recommendation and the suitability of Dr Tan, approved the appointment of Dr Tan as an Independent Director.
Whether appointment is executive, and if so, area of responsibility Non-Executive
Job Title Independent Director
Working experience and occupation(s) during the past 10 years 2000 to Present
Associate Professor of Public Policy
Lee Kuan Yew School of Public Policy
National University of Singapore

2008 to Present
Chairman
Singapore National Committee for Pacific Economic Cooperation
(SINCPEC)
Shareholding in the listed issuer and its subsidiaries No
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries No
Conflict of interest No
Other Directorship
Past (for the last five years) Chung Hong Ltd
Present Hi-P International Limited
Artivision Technologies Ltd.
Human Capital (Singapore) Pte. Ltd. f.k.a Centre for Human Capital 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? Yes
  If yes, please provide details of prior experience. Independent Director of Hi-P International Limited and Artivision Technologies Ltd.