Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
TECHNICS OIL & GAS LIMITED
Securities
TECHNICS OIL & GAS LIMITED - SG1N85910015 - 5CQ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Apr-2016 17:51:23
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG160401OTHRTIX3
Submitted By (Co./ Ind. Name)
Tay Mian Cheo
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Lee Kim Huat as Independent Director who is a Member of Nominating and Audit Committees and Chairman of the Remuneration Committee

Additional Details

Date Of Appointment
01/04/2016
Name Of Person
Lee Kim Huat
Age
62
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board had approved the Nominating Committee's recommendation of Mr Lee Kim Huat's appointment as an Independent Non-Executive Director, Member of Audit and Nominating Committee and Chairman of the Remuneration Committee, following an assessment of his qualification, experience and independence, and considers him to be independent for the purposes of his appointment.
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, RC Chairman, AC Member and NC Member
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
2014 - present, Senior Advisor, W Foundations Pte Ltd
2013 - present, Lead Independent Director, Chairman of Audit Committee, Member of Nominating Committee and Member of Remuneration Committee
2012 - present, Chief Operating Officer and Finance Director, Nordic Global Holdings Pte Ltd
2011 - 2013, Chairman, Asia Capital Market Advisory Pte Ltd
2002 - 2009, Group Chief Financial Officer, BBR Holdings (S) Ltd
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)
Singapore Piling & Civil Engineering Pte Ltd
Singa Development Pte Ltd
BBR Construction Systems Pte Ltd
TKP Development Pte Ltd
BBR Investments Pte Ltd
Singa Construction (S) Pte Ltd
SD Metals Pte Ltd
S Comm Technology Pte Ltd
Siam-BBR Co., Ltd. Incorporated in Thailand
BBR Construction Systems (M) Sdn Bhd
BBR Tagore Pte Ltd
SP Holland Hills Pte Ltd
SP Development Pte Ltd
Singapore Piling & Civil Engineering Lanka Pvt Ltd-Incorporated In Sri Lanka
Daejeon Riverside Expressway Co., Ltd- Incorporated in Korea.
Tennessee Pte Ltd
SP Property Pte Ltd
SP-John Keells Land Pte Ltd
Present
Figtree Holdings 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 a listed company?
Yes
If Yes, Please provide details of prior experience
Mr Lee Kim Huat is the Lead Independent Director of Figtree Holdings Limited.