Change - Announcement of Appointment::Appointment of Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
CAPITAL WORLD LIMITED.
Securities
CAPITAL WORLD LIMITED. - KYG8763X1189 - 1D5
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
10-Oct-2024 20:14:06
Status
New
Announcement Sub Title
Appointment of Non-Executive and Independent Director
Announcement Reference
SG241010OTHR8SL7
Submitted By (Co./ Ind. Name)
Hoo Khee Leng
Designation
Executive Director and Chief Executive Officer
Effective Date and Time of the event
10/10/2024 17:00:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the sponsor is Mr. Josh Tan at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Appointment of Mr Yeo Boon Keong as Non-Executive and Independent Director of the Company.

Additional Details

Date Of Appointment
11/10/2024
Name Of Person
Yeo Boon Keong
Age
61
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors, having considered the recommendation of the Nominating Committee as well as the qualifications and experience of Mr Yeo Boon Keong ("Mr Yeo"), is of the view that Mr Yeo has the requisite experience and capabilities to assume the duties and responsibilities as the Non-Executive and Independent Director of the Company.

The Board of Directors considered Mr Yeo to be independent for the purpose of Rule 704(7) of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director, Chairman of the Audit and Risk Committee and Nominating Committee and a member of the Remuneration Committee.
Professional qualifications
Public Accountant, Accounting and Corporate Regulatory Authority
Licensed Insolvency Practitioner, Ministry of Law
ISCA Financial Forensic Professional, Institute of Singapore Chartered Accountants
Accredited Tax Practitioner (Income Tax), Singapore Chartered Tax Professionals
Member of Institute of Singapore Chartered Accountants
Member of Certified Public Accountants of Australia
Member of Singapore Chartered Tax Professionals
Member of Singapore Institute of Directors
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
1) Adagio Chartered Accountants - Founder
2) Technic Inter-Asia Pte Ltd - Director
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)
1) Verde 3 Pte. Ltd. (Strike off)
Present
1) Technic Inter-Asia Pte Ltd
2) Adagio International Pte. Ltd.
3) Altigen Communications Pte. Ltd.
4) Enterprise Showroom Pte. Ltd.
5) Enterprise 1 Pte. Ltd.
6) Bedok Lake Pte. Ltd.
7) Northstar One Pte. Ltd.
8) North Face Pte. Ltd.
9) One Commonwealth Pte. Ltd.
10) North Trust Pte. Ltd.
11) Adagio Chartered Accountants
12) JV Vision Venture Pte. Ltd.
13) Hatten 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 an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Hatten Land Limited