Announcement Title | Change - Announcement of Appointment |
Date & Time of Broadcast | Feb 26, 2020 23:21 |
Status | New |
Announcement Sub Title | APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR |
Announcement Reference | SG200226OTHR60RR |
Submitted By (Co./ Ind. Name) | Sau Ean Nee |
Designation | Company Secretary |
Description (Please provide a detailed description of the event in the box below) | Appointment of Mr. Teo Ser Luck ("Mr. Teo") as independent non-executive director, a member of the audit committee ("AC"), a member of the nominating committee ("NC") and a member of the remuneration committee ("RC") of Yanlord Land Group Limited (the "Company") |
Additional Details | |
Date Of Appointment | 26/02/2020 |
Name Of Person | Teo Ser Luck |
Age | 51 |
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. Teo and further considered Mr. Teo's various positions in board committees of the other listed companies and at the recommendation of the NC, the board of directors of the Company is satisfied that Mr. Teo possesses the requisite competencies and satisfies the relevant requirements to assume the responsibilities as an independent non-executive director, a member of the AC, a member of the NC and a member of the RC. |
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, a member of the AC, a member of the NC and a member of the RC |
Professional qualifications | Degree in Accountancy, Nanyang Technological University |
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 | NIL |
Conflict of interests (including any competing business) | NIL |
Working experience and occupation(s) during the past 10 years | 2019 - present Lead Independent Director of China Aviation Oil (Singapore) Corporation Ltd 2019 - present Independent Director of Straco Corporation Limited 2017 - present Chairman of BRC Asia Limited 2017 - present Deputy Chairman of Serial Systems Ltd 2017 - present Lead Independent Director of United Engineers Limited 2006 - present Singapore Member of Parliament 2006 - 2017 Minister of State for Trade and Industry Senior Parliamentary Secretary in the Ministry of Transport and Ministry of Community Development, Youth and Sports Minister of State for Manpower Mayor of the North East District |
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) | No |
Present | Lead Independent Director of China Aviation Oil (Singapore) Corporation Ltd Independent Director of Straco Corporation Limited Chairman of BRC Asia Limited Deputy Chairman of Serial Systems Ltd Lead Independent Director of United Engineers Limited Director of F4U Pte Ltd Director of Vicduo Tech Pte Ltd Director of Nufin Data Pte Ltd Director of Nufund Pte Ltd Director of Helicap Pte Ltd Director of 2YSL Pte 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 an issuer listed on the Exchange? | Yes |
If Yes, Please provide details of prior experience | Has been and currently is a director of the Singapore listed companies stated above. |