Change - Announcement of Appointment::Appointment of ID, Appointment of Lead ID and Changes in Composition of Board and Board Committees

Issuer & Securities

Issuer/ Manager
IPC CORPORATION LTD
Securities
IPC CORPORATION LIMITED - SG1BB8000004 - AZA
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
19-Dec-2018 18:02:49
Status
New
Announcement Sub Title
Appointment of ID, Appointment of Lead ID and Changes in Composition of Board and Board Committees
Announcement Reference
SG181219OTHRIYM8
Submitted By (Co./ Ind. Name)
Ngiam Mia Hai Bernard
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Tan Sin Huat, Dennis ("Mr Tan") as an Independent Director of the Company.
Appointment of Lead Independent Director.
Changes in Composition of Board and Board Committees.

Please refer to the file attached.

Additional Details

Date Of Appointment
19/12/2018
Name Of Person
Tan Sin Huat, Dennis
Age
56
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors of the Company having reviewed the experience and credentials of Mr Tan, is satisfied that Mr Tan has the requisite experience and capability to assume the role of an Independent Director.
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, member of the Audit Committee and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of 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. Executive Director of Innospaces Consulting Pte Ltd from July 2007 to present
2. Executive Coach affiliated to the Centre of Creative Leadership from 2005 to present
3. Executive Coach affiliated to the Singapore Armed Forces' Centre for Leadership Development from 2007 to present
4. Executive Director of RHT Human Capital Institute Pte Ltd from October 2015 to present
5. Executive Director of RHT Talentchest Pte Ltd from December 2015 to present
6. Executive Director/CEO of P99 Holdings Ltd from August 2011 to October 2017
7. Senior SAF Officer in the MINDEF from December 1982 to June 2007
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)
P99 Holdings Ltd
Present
Chasen Holdings Ltd
Renewable Energy Asia Group Ltd
Solis Holdings Limited (listed on Hong Kong Stock Exchange)
RHT Human Capital Institute Pte Ltd
RHT Talentchest Pte Ltd
Innospaces Consulting Pte Ltd
(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 Tan currently serves on the Boards of Chasen Holdings Ltd and Renewable Energy Asia Group Ltd (listed on Singapore Stock Exchange) and Solis Holdings Limited (listed on Hong Kong Stock Exchange).

Attachments

IPC_ApptID_LeadID_ChginBoardCommittees.pdf
Total size =22K