| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Aug 30, 2018 17:55 |
| Status | New |
| Announcement Sub Title | APPOINTMENT OF INDEPENDENT DIRECTOR |
| Announcement Reference | SG180830OTHRPHFE |
| Submitted By (Co./ Ind. Name) | Lim Poh Choo |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Mr Hong Pian Tee ("Mr. Hong") as independent director, the chairman of the remuneration committee ("RC"), a member of the audit committee ("AC") and a member of the risk management committee ("RMC") of Yanlord Land Group Limited (the "Company") |
| Additional Details | |
| Date Of Appointment | 01/09/2018 |
| Name Of Person | Hong Pian Tee |
| Age | 73 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Taking into consideration, inter alia, the expertise, working experience, knowledge and other background information of Mr. Hong (in particular his accounting and related financial management expertise) and further considered Mr. Hong's various positions in board committees of the other listed companies (in particular his past or present positions as the chairman of the audit committees of a number of public companies listed on the Singapore Stock Exchange where he gained his experience in reviewing or analysing audited financial statements of public companies) and at the recommendation of the nominating committee, the board of directors of the Company is satisfied that Mr. Hong possesses the requisite competencies and satisfies the relevant requirements to assume the responsibilities as an independent director, the chairman of the RC, a member of the AC and a member of the RMC. |
| 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 director, the chairman of the RC, a member of the AC and a member of the RMC |
| 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) | Sinarmas Land Limited - Investment in property/hotel/golf courses & property development in Indonesia, property investment in England, golf courses & hotel in Malaysia and property development in China |
| Working experience and occupation(s) during the past 10 years | Principally in private equity investment, acting as an independent director of companies listed on the Singapore Stock Exchange and/or a director of entities, as below:- 2013 - present independent director, AsiaPhos Limited 2010 - present independent director, XMH Holdings Ltd. 2000 - present director, Pei Hwa Foundation Limited 2017 - present independent director, Sinarmas Land Limited 2001 - 2017 independent director, Golden Agri-Resources Ltd 2010 - 2017 independent director, Memstar Technology Ltd. 2006 - 2012 director, Intrust Asset Management (2006) Pte. Ltd. 2007 - 2009 independent director, Sin Ghee Huat Corporation 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? | Yes |
| Shareholding Details | 219,700 ordinary shares of the Company |
| # 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) | Golden Agri-Resources Ltd Memstar Technology Ltd. |
| Present | Pei Hwa Foundation Limited XMH Holdings Ltd. AsiaPhos Limited Sinarmas Land 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? | No |
| Any prior experience as a director of a listed company? | Yes |
| If Yes, Please provide details of prior experience | Has been/currently is a director of the Singapore listed companies stated above. |