Change - Announcement of Appointment::Appointment of Independent Director who is an Audit Committee Member

Issuer & Securities

Issuer/ Manager
BM MOBILITY LTD.
Securities
BM MOBILITY LTD. - SG1Y74948866 - I9T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
16-Aug-2019 19:02:12
Status
New
Announcement Sub Title
Appointment of Independent Director who is an Audit Committee Member
Announcement Reference
SG190816OTHRH8TI
Submitted By (Co./ Ind. Name)
Tay Wee Kwang
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Geoffrey Ng Ching Fung as an Independent Director

Additional Details

Date Of Appointment
16/08/2019
Name Of Person
Geoffrey Ng Ching Fung
Age
46
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Geoffrey Ng Ching Fung ("Mr Ng") was the Independent Director, Chairman of the Remuneration Committee and a member of Audit and Nominating Committees prior to him retiring as Director at the Company's Annual General Meeting held on 16 August 2019.

In view of Mr Soh Beng Keng's resignation as the Lead Independent Director of the Company with effect from 24 August 2019, due to his tenure as an Independent Director for more than 9 years, at the recommendation of the Nominating Committee, and approved by the Board, Mr Ng has agreed to remain and continue to serve as an Independent Director of the Company.

Mr Ng will also assume the role as the Chairman of the Remuneration Committee and a member of Audit and Nominating Committees.
Whether appointment is executive, and if so, the area of responsibility
Non executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Remuneration Committee, Member of Audit and Nominating Committees
Professional qualifications
Bachelor of Commerce (High Honours) in Accounting and Finance
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
Period: 12 June 2018 to 16 August 2019
Independent Director - BM Mobility Ltd.

Period: October 2015 to Present
Speaker, Facilitator - Securities Industry Development Corporation

Period: February 2014 to Present
Director, Strategic Investments - Fortress Capital Asset Management

Period: September 2009 to October 2013
Executive Director/CEO - Hong Leong Asset Management Group

Period: February 2009 to September 2009
Managing Director - Alioth Capital
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)
OLS Enterprise Limited
Kronologi Asia Berhad
Present
Fortress Capital Asset Management (M) Sdn Bhd
Bristol Academy Sdn Bhd
(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?
Yes
If Yes, Please provide full details
Mr Ng is an alternate, non-executive director of a Singapore private company that has been issued a winding up petition by a trade creditor.
(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 Geoffrey Ng was the Independent Director of BM Mobility Ltd. from 12 June 2018 to 16 August 2019, prior to this re-appointment.