Change - Announcement of Appointment::Announcement of Appointment of Chief Operating Officer

Issuer & Securities

Issuer/ Manager
KRISENERGY LTD.
Securities
KRISENERGY LTD. - KYG532261099 - SK3
KRISENERGY S$200M2%N230822 - SG77J3000002 - 66WB
KRISENERGYS$130M2%220609 - SG77J4000001 - 66XB
KRISENERGY S$139.464MZ240131 - SG31B6000003 - CDVZ
KRISENERGY LTD. W240131 - KYG532261255 - CDXW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
31-Dec-2018 18:23:51
Status
New
Announcement Sub Title
Announcement of Appointment of Chief Operating Officer
Announcement Reference
SG181231OTHR74KA
Submitted By (Co./ Ind. Name)
Sally Ting
Designation
General Counsel
Effective Date and Time of the event
31/12/2018 18:00:00
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Chief Operating Officer - James Nigel Parkin

Additional Details

Date Of Appointment
31/12/2018
Name Of Person
James Nigel Parkin
Age
60
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has reviewed and considered the qualifications and relevant experience of Mr James Parkin, and upon the recommendation of the Nominating Committee, has approved the appointment of Mr James Parkin as the Chief Operating Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr James Parkin will be the Chief Operating Officer of the Company.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Professional qualifications
Bachelor of Science (Hons) in Geology, University of Sheffield
Master of Science in Petroleum Geology, Imperial College of Science and Technology, University of London
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer 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
2009 to Present: KrisEnergy (Vice President Exploration)

Mr James Parkin has been with KrisEnergy since inception and has more than 38 years of experience in the upstream oil and gas sector, of which he has spent over 30 years in Southeast Asia.
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?
Yes
Shareholding Details
(a) 1,365,477 ordinary shares in KrisEnergy Ltd.; and
(b) Up to one-ninth of 2.5% of the issued ordinary shares in the capital of KrisEnergy Ltd. at the time when the conditions of the MS-Awards have been satisfied
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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
B Block Limited; KrisEnergy (Andaman II) Ltd; KrisEnergy (Apsara) Company Limited; KrisEnergy (Apsara) Holding Ltd;
KrisEnergy Apsara Ltd; KrisEnergy (Asia) Ltd; KrisEnergy (Bangladesh SS-11) Ltd; KrisEnergy (Cambodia) Holding Ltd; KrisEnergy (East Muriah) Ltd; KrisEnergy (Gulf of Thailand) Ltd; KrisEnergy Holding Company Ltd; KrisEnergy International (Thailand) Holdings Ltd; KrisEnergy Marine Pte Ltd; KrisEnergy Management Services Ltd; KrisEnergy (Phu Khanh 120) Ltd; KrisEnergy Pte Ltd; KrisEnergy (Satria) Ltd; KrisEnergy (Song Hong 105) Ltd; KrisEnergy Vietnam 115 Ltd; SJ Production Barge 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
Disclosure applicable to the appointment of Director only.
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
N/A
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)
N/A