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

Issuer & Securities

Issuer/ Manager
COSCO CORPORATION (SINGAPORE) LIMITED
Securities
COSCO CORPORATION (S) LTD - SG1S76928401 - F83
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Aug-2016 17:22:53
Status
New
Announcement Sub Title
Appointment of Non-Independent Executive Director
Announcement Reference
SG160830OTHR9B1G
Submitted By (Co./ Ind. Name)
Gu Jing Song
Designation
Vice Chairman and President
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Independent Executive Director.

Additional Details

Date Of Appointment
30/08/2016
Name Of Person
Li Xi Bei
Age
54
Country Of Principal Residence
China
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Nominated by Nominating Committee after a selection process.
Whether appointment is executive, and if so, the area of responsibility
Executive.
Responsible for the workings of the Board, ensuring the integrity and effectiveness of its governance process.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Executive 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
From 1979 to 1990 - Engineer onboard ships of Guangzhou Ocean Shipping Company.

From November 1990 to March 1994 - Personnel Division of China Ocean Shipping Company and COSCO Manning Cooperation Inc.

From March 1994 to January 1998 - Deputy Section Chief and Section Chief in Human Resources Division of China Ocean Shipping (Group) Company.

From January 1998 to June 2001 - Deputy Manager and Manager in Personnel Division of COSCO Industry Company.

From June 2001 to March 2016 - Manager, Deputy General Manager and then General Manager in Supervision Division of China Ocean Shipping (Group) Company.

From March 2016 till now - Vice President of COSCO Holdings (Singapore) Pte Ltd.
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
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 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
Mr Li Xi Bei will be briefed on his role and obligations as a director under the listing rules as well as the relevant laws and regulations of a director of a public listed company in Singapore.

The Company will arrange training as and when necessary.