Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
GLOBAL PALM RESOURCES HOLDINGS LIMITED
Securities
GLOBAL PALM RESOURCES HLGS LTD - SG1CD3000003 - BLW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-May-2016 17:40:40
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DIRECTOR
Announcement Reference
SG160512OTHR0LQK
Submitted By (Co./ Ind. Name)
DR TAN HONG KIAT @ SUPARNO ADIJANTO
Designation
EXECUTIVE CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of an Executive Director

Additional Details

Date Of Appointment
12/05/2016
Name Of Person
Ivan Swandono
Age
29
Country Of Principal Residence
Indonesia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board is of the view that Mr Ivan Swandono is suitable for the appointment as the Executive Director of Global Palm Resources Holdings Limited as he possesses the appropriate skills, qualifications and working experience.
Whether appointment is executive, and if so, the area of responsibility
Executive. His roles and the responsibilities are to cover the business development and investment functions of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ivan Swandono is the nephew of the Executive Chairman and CEO, Mr Tan Hong Kiat @ Suparno Adijanto.
Conflict of interests (including any competing business)
Director of PT Cemaru Lestari
Working experience and occupation(s) during the past 10 years
May 2010 to January 2011
Intern in the Production & Labor Control Dept on Wood Working at Hong Yang Wood Industry Co Ltd, Jiangsu, China.

January 2011 to September 2011
Intern in Site Management on Coal Mining at PT Insani
Bara Perkasa in Samarinda, East Borneo, Indonesia.

September 2011 to March 2012
Intern in Management & Operation Control on Oil Palm Plantation & Mill at PT Prakarsa Tani Sejati West Borneo, Indonesia.

March 2012 to December 2012
Assistant to the Director of PT Prakarsa Tani Sejati, West Borneo, Indonesia.

December 2012 to present
Director of PT Prakarsa Tani Sejati, West Borneo, Indonesia.

February 2013 to 9 November 2014
Acting Chief Operating Officer of Global Palm Resources Holdings Limited.

10 November 2014 to present
Chief Operating Officer of Global Palm Resources Holdings Limited.
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
1. PT Prakarsa Tani Sejati (Director)
2. PT Bumisubur Lestaritani (Director)
3. PT Bumi Raya Agro (Director)
4. PT Cemaru Lestari (Director)
5. PT Lingga Teja Wana (Director)
6. PT Bumi Raya Industri Logam (Director)
7. PT Globalindo Prima Raya (Director)
(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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
He will be briefed on his role and responsibilities as a director of a listed company in Singapore.
He will undertake the necessary training to familiarise himself with the roles and responsibilities of a director of a listed company in Singapore.