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

Issuer & Securities

Issuer/ Manager
UOL GROUP LIMITED
Securities
UOL GROUP LIMITED - SG1S83002349 - U14
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-May-2016 18:36:41
Status
New
Announcement Sub Title
Announcement of Appointment of Non-Executive, Independent Director
Announcement Reference
SG160512OTHRVV7Q
Submitted By (Co./ Ind. Name)
Foo Thiam Fong Wellington
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Non-Executive, Independent Director

Additional Details

Date Of Appointment
12/05/2016
Name Of Person
Poon Hon Thang Samuel
Age
66
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee ("NC") had reviewed the qualifications and working experience of Mr Poon Hon Thang Samuel and recommended his appointment. The Board of Directors, having considered the NC's recommendation, approved the appointment of Mr Samuel Poon as a Non-executive, Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive, Independent Director
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
1979 - 1988 CitiBank Singapore
Vice President
(Credit & Marketing, Remedial Management and Structured Finance)

1988 - 2006 United Overseas Bank Ltd
Senior Executive Vice President
(Commercial Banking, Corporate Banking, ASEAN Banking, International Banking, Consumer Banking, Private Banking, Corporate Finance, Branches and Group Credit)
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
# 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 Appendix A attached.
Present
Please see Appendix A attached.
(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?
Yes
If Yes, Please provide full details
As disclosed by Mr Poon Hon Thang Samuel, sometime in 1991, he was called up by the Corrupt Practices Investigation Bureau ("CPIB") together with an ex-colleague of CitiBank N.A. Singapore for investigation by CPIB in connection with an allegation by a customer that Mr Samuel Poon and his colleague had allegedly received money. Mr Samuel Poon believes that the allegation was made because that customer was unhappy with him and his colleague as they had previously reported certain fraud cases involving more than 10 banks in Singapore, resulting in the conviction and jail term of that particular customer. Following the interview by CPIB and subsequent clarification meetings, Mr Poon Hon Thang Samuel has not been required by CPIB to provide any further assistance in the matter.
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide details of prior experience
Mr Poon Hon Thang Samuel is currently the lead independent director of SGX-listed companies Enviro-Hub Holdings Ltd and Soilbuild Construction Group Ltd. He is also an independent director of J.P Nelson Holdings Ltd which is listed on the Taiwan Gretai Securities Market.

Attachments

Samuel_Poon_AppendixA.pdf
Total size =59K