REPL::Change - Announcement of Appointment::Appointment of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
PACC OFFSHORE SERVICES HOLDINGS LTD.
Securities
PACC OFFSHORE SVCS HLDG LTD. - SG2G83000007 - U6C
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
27-Apr-2015 17:15:48
Status
Replacement
Announcement Sub Title
Appointment of Chief Financial Officer
Announcement Reference
SG150424OTHRPV7B
Submitted By (Co./ Ind. Name)
Dawn Tay
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
PACC Offshore Services Holdings Ltd. (hereinafter refer as Company) wishes to inform that this Announcement should be read in conjunction with the following statement:

This initial public offering of the Company was sponsored by DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd. and Oversea-Chinese Banking Corporation Limited (together, the Joint Issue Managers). The Joint Issue Managers assume no responsibility for the contents of this Announcement.

Additional Details

Date Of Appointment
04/05/2015
Name Of Person
Thai Kum Foon
Age
49
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
After considering Ms Thai's past experience and the qualifications, the Nominating Committee and the Board of Directors are satisfied that Ms Thai possesses the requisite qualifications and work experience for the position of Chief Financial Officer of the Group. On the recommendation of the Nominating Committee, the Board has approved the appointment of Ms Thai as Chief Financial Officer of the Group.
Whether appointment is executive, and if so, the area of responsibility
Executive - oversight of the finance functions of the Company, including corporate finance, treasury, risk management, capital management and investor relations.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
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)
None
Working experience and occupation(s) during the past 10 years
Chief Financial Officer : The Straits Trading Company Limited (January 2013 to March 2015), responsible for the finance functions including treasury and capital maangement, corporate communication, investor relations, information systems.

Chief Financial Officer : Jaya Holdings Limited (April 2009 to December 2012), responsible for the group's finance and corporate services functions including corporate finance, treasury, legal, tax and investor relations.

Finance Director : IM Flash Singapore LLP (July 2007 to February 2009), responsible for finance and corporate administrative functions including corporate finance, treasury, tax and legal.

Head, Group Finance and Corporate Services : CapitaLand Retail Limited (August 2006 to June 2007), responsible for group's finance and corporate services functions including corporate finance, treasury, tax, M&A and investor relations.
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)
Please see attached.
Present
Sun-Dac
(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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Not applicable

Attachments

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24/04/2015 18:27:04