Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
CEI LIMITED
Securities
CEI LIMITED - SG1AI5000004 - AVV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
02-Dec-2019 07:55:01
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG191202OTHRDSR9
Submitted By (Co./ Ind. Name)
Teo Soon Hock
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors (the "Board") of CEI Limited wishes to announce the appointment of Theng Siew Lian Lisa ("Ms Lisa Theng") as Independent Director, and member of Board Risk, Audit, Nominating and Remuneration Committees with effect from 1 December 2019.

By Order of the Board

Tien Sing Cheong
Executive Chairman
1 December 2019

Additional Details

Date Of Appointment
01/12/2019
Name Of Person
Theng Siew Lian Lisa
Age
52
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Upon recommendation of the Nominating Committee, which had reviewed the qualifications, expertise and experience of Lisa Theng, the Board approved her appointment as an Independent Director of the Company. The Board considers Ms Lisa Theng to be independent for the purposes of Rule 704(8) of the Listing Manual 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.)
Independent Director, and member of Board Risk, Audit, Nominating and Remuneration Committees
Professional qualifications
LLB (Honours)
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
Legal practitioner, Managing Partner
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)
Nov 2014 to Jul 2015 - Director of Reachchild Pte. Ltd.
Present
Since May 2007 - Director of CNP Tax & Advisory Pte. Ltd.
Since Nov 2007 - Director of CNP Corporate Services Pte. Ltd.
Since Sep 2008 - Director of Tricor CNP Corporate Services Pte. Ltd.
Since Oct 2009 - Director of Ignite Tennis Academy Pte. Ltd.
Since Oct 2013 - Director of CNP Compliance Pte. Ltd.
Since Jan 2014 - Director of Galaxe.Healthcare Solutions Singapore Private Ltd.
Since Jan 2015 - Director of Kai Coaching Pte. Ltd.
Since Jul 2015 - Director of Eaglewings Yacht Charters Pte. Ltd.
Since Aug 2015 - Director of Eagle Yachting Lifestyles Pte. Ltd.
Since Mar 2017 - Director of CNP Services Pte. Ltd.
Since Mar 2017 - Director of Eaglewings Loft Pte. Ltd.
Since Mar 2017 - Director of Linkasia Consult Pte. Ltd.
Since Jul 2017 - Director of Eaglewings Gifts Pte. Ltd.
Since Nov 2017 - Director of Solis Holding Limited. Listed on the Hong Kong Stock Exchange - Stock Code: 2227
Since Jan 2018 - Director of Eaglewings Cinematics Pte. Ltd.
Since May 2018 - Director of Eaglecamaca Pte. Ltd.
Since Sep 2018 - Director of Eaglewings Camaca Pte. Ltd.
Since Oct 2018 - Director of Ascend Medical Pte. Ltd.
Since Oct 2018 - Director of CJ EWG Pte. Ltd.
Since Oct 2018 - Director of Eagle Eye Centre Novena Pte. Ltd.
Since Oct 2018 - Director of Eagle Eye Centre Pte. Ltd.
Since Oct 2018 - Director of Eagle Eye Centre West Pte. Ltd.
Since Nov 2018 - Director of White Heron Pte. Ltd.
Since Jan 2019 - Director of Sunseap Group Pte. Ltd.
Since Jul 2019 - Director of Peacekeepers Pte. Ltd.
Since Aug 2019 - Director of City On A Hill Ltd.
Since Nov 2019 - Director of CRU Asia 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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
The director will be attending the required training.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable