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

Issuer & Securities

Issuer/ Manager
TSH CORPORATION LIMITED
Securities
TSH CORPORATION LTD - SGXE89604008 - KUH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
17-Jul-2024 23:23:48
Status
New
Announcement Sub Title
Announcement of Appointment of Non-Executive Independent Director
Announcement Reference
SG240717OTHR5BXQ
Submitted By (Co./ Ind. Name)
Chua Khoon Hui
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
The Board of Directors of the Company is pleased to announce the appointment of Mr Chua Khing Seng as a Non-Executive Independent Director of the Company with effect from 18 July 2024.

_____________________________________________________________________________________________

This announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Audrey Mok (Tel: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Date Of Appointment
18/07/2024
Name Of Person
Chua Khing Seng
Age
66
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors ("Board") of the Company has considered the recommendation of the Nominating Committee, and has reviewed the qualifications, working experience, expertise and independence of Mr Chua Khing Seng, and is of the view that Mr Chua Khing Seng will be able to contribute towards the core competences of the Board. Accordingly, the Board has approved the appointment of Mr Chua Khing Seng as a Non-Executive Independent Director of the Company.

The Board considers Mr Chua Khing Seng to be independent for the purpose of Rule 704(7) of the Listing Manual Section B: Rules of Catalist of the SGX-ST.
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, Chairman of Nominating Committee and member of Audit Committee and Remuneration Committee
Professional qualifications
Bachelor of Engineering (Mechanical Engineering), Tokyo Institute of Technology
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
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Yamato Asia Pte Ltd. -
Executive Director (2018 to 2021)
Chairman (2018 to 2019)
Managing Director and Group CEO (2014 to 2017)

Yamato Holdings Co., Ltd -
Executive Officer (2014 to 2019)
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)
Directorships:
Yamato Asia Pte Ltd
Guangxi Overland Total Logistics Co., Ltd.
Shenzhen Jiedi Supply Chain Management Co., Ltd
OTL Asia Sdn Bhd.
GDEX Bhd.
Overland Total Logistics Services (M) Sdn. Bhd.

Other principal commitments:
Please refer to "Working experience and occupation(s) during the past 10 years" section above.
Present
Directorships:
Pick Network Pte Ltd
Sail Playhouse Pte Ltd
Sail Early Intervention Pte Ltd

Other principal commitments:
Nil
(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?
Yes
If Yes, Please provide details of prior experience
Mr Chua Khing Seng was a Non-Executive Independent Director of Giken Sakata (S) Limited, a SGX-listed issuer, from 20 April 2009 to 30 November 2013.

The Company will arrange for Mr Chua Khing Seng to complete the mandatory sustainability course within 1 year from his appointment date.