Change - Announcement of Appointment::Announcement on Appointment of Director in subsidiary

Issuer & Securities

Issuer/ Manager
GOLDEN ENERGY AND RESOURCES LIMITED
Securities
GOLDEN ENERGY AND RESOURCESLTD - SG1AI1000008 - AUE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Nov-2016 18:05:20
Status
New
Announcement Sub Title
Announcement on Appointment of Director in subsidiary
Announcement Reference
SG161125OTHRYQQ0
Submitted By (Co./ Ind. Name)
Fuganto Widjaja
Designation
Chief Executive Officer
Effective Date and Time of the event
25/11/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Director in PT Golden Energy Mines Tbk

Additional Details

Date Of Appointment
01/01/2017
Name Of Person
Utoro
Age
57
Country Of Principal Residence
Indonesia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Utoro will be appointed as Director of our 66.9998%-owned PT Golden Energy Mines Tbk with effect from 1 January 2017. Mr Utoro with over 30 years of experience in the mining industry, will succeed Mr Dwi Prasetyo Suseno to help drive in the expansion of PT Golden Energy Mines Tbk's operations. Mr Utoro was formerly Chief Operating Officer of PT Kaltim Prima Coal ("KPC"), where he led the entire KPC operations group of over 21,000 employees in scaling up its operations and raising KPC's annual production level from 2 million to an excess of 60 million tonnes per annum.

Mr Utoro will help to drive the expansion of GEMS' operations as it seeks to raise its production to meet the growing demand for coal domestically and regionally.
Whether appointment is executive, and if so, the area of responsibility
Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director of PT Golden Energy Mines Tbk
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
April 2015 to current
Member of Audit Committee of PT Golden Energy Mines Tbk

October 1990 to December 2014
Chief Mine Technical and Chief Operating Officer
PT Kaltim Prima Coal (a subsidiary of PT Bumi Resources Tbk)
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
Other Directorships
# 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)
N.A.
Present
N.A.
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
N.A.