Change - Announcement of Appointment::Appointment of Non-Independent Executive Director

Issuer & Securities

Issuer/ Manager
SBS TRANSIT LTD
Securities
SBS TRANSIT LTD - SG1F58858209 - S61
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
28-Apr-2022 12:23:39
Status
New
Announcement Sub Title
Appointment of Non-Independent Executive Director
Announcement Reference
SG220428OTHRZMI1
Submitted By (Co./ Ind. Name)
Angeline Joyce Lee Siang Pohr
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Lim Tien Hock as Non-Independent Executive Director of SBS Transit Ltd with effect from 28 April 2022.

Additional Details

Date Of Appointment
28/04/2022
Name Of Person
Lim Tien Hock
Age
50
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Lim Tien Hock was appointed as the Chief Executive Officer, Bus Business of SBS Transit Ltd (the "Company") on 1 April 2022. He was previously the Chief Executive Officer of ComfortDelGro Driving Centre Pte Ltd and ComfortDelGro Medcare Pte Ltd, both subsidiaries of ComfortDelGro Corporation Limited, the holding company of the Company. The Nominating and Remuneration Committee and the Board of the Company has reviewed and approved the appointment of Mr Lim Tien Hock as Non-Independent Executive Director of the Company, after taking into consideration of his qualification and extensive experience in transportation business.
Whether appointment is executive, and if so, the area of responsibility
Executive - Oversees the Bus Business of SBS Transit Ltd.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Executive Director and
Chief Executive Officer, Bus Business, SBS Transit Ltd.
Professional qualifications
Nanyang Technological University - Master of Business Administration (Nanyang Fellows) - Dean's Award and Lim Chong Yah gold Medal Award.

Massachusetts Institute of Technology (MIT) - Sloan School of Management International Management Program.

University College London - Master of Engineering (2nd Class Hons, Upper Division)
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
Chief Executive Officer, Bus Business, SBS Transit Ltd (1 April 2022 till Present)
Chief Executive Officer - ComfortDelGro Medcare Pte. Ltd. (1 March 2021 to 31 March 2022)
Chief Executive Officer - ComfortDelGro Driving Centre Pte. Ltd. (1 August 2018 to 31 March 2022)
Senior Vice-President, Group Human Resource - ComfortDelGro Corporation Limited (1 January 2015 to 31 July 2018)
Vice-President (SG), Group Human Resource - ComfortDelGro Corporation Limited (1 June 2012 to 31 December 2014)
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)
Nil
Present
Director, SBS Transit Rail Pte. Ltd
Director, Citycab Pte Ltd
Director, Comfort Transportation Pte Ltd
Director, ComfortDelGro Driving Centre Pte Ltd
Director, ComfortDelGro MedCare Pte Ltd
Director, Ming Chuan Transportation 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 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
Please see below.
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)
The Company will arrange for Mr Lim Tien Hock to attend the relevant modules under the Listed Entity Directors Programme organised by the Singapore Institute of Directors to fulfill the Mandatory Training requirements under the Listing Rule.