Change - Announcement of Appointment::Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
BROADWAY INDUSTRIAL GROUP LIMITED
Securities
BROADWAY INDUSTRIAL GROUP LTD - SG1B21008464 - B69
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
18-Jan-2017 17:07:56
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG170118OTHRF0L4
Submitted By (Co./ Ind. Name)
Lew Syn Pau
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Please see below.

Additional Details

Date Of Appointment
18/01/2017
Name Of Person
Chuah Aik Loon
Age
47
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors has reviewed Mr Chuah's appointment as recommended by the Nomination Committee and agreed that he is qualified, experienced and capable to perform the role of Executive Director of the Company. Following the disposal of the FPS and FCD businesses in 2016, the remaining key business of the Group is its Hard Disk Drive (HDD) business. Mr Chuah, who has been with the Group s HDD Division for 15 years, is overall responsible for the Group's HDD business and operations for the last 3 years as Executive Vice President. He is also overseeing the execution of the cost optimisation and streamlining of the HDD operations and further expansion of the product offering in the Group's existing mobile devices business and automotive and industrial business.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive.
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
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
January 2015 - Present
Executive Vice President (Hard Disk Drive Division)
Compart Asia Pte Ltd (wholly-owned subsidiary of the Company)

August 2014 - January 2015
Senior Managing Director (Hard Disk Drive Division)
Compart Asia Pte Ltd (wholly-owned subsidiary of the Company)

August 2008 - August 2014
Managing Director (Hard Disk Drive Division, Hookup Operations)
Compart Asia Pte Ltd (wholly-owned subsidiary of the Company)

February 2006 - August 2008
Managing Director
Compart Precision Components Manufacturing (Wuxi) Co., Ltd (wholly-owned subsidiary of the Company)
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?
Yes
Shareholding Details
1. 1,401,750 ordinary shares in the Company
2. 106,250 share award granted pursuant to the BIGL Share Plan
# 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)
None
Present
Compart Asia Pte Ltd
Compart Technologies (Shenzhen) Co., Ltd
Compart Precision Components Manufacturing (Wuxi) Co, Ltd
Compart Precision (Thailand) Co., Ltd
(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
The Company will arrange for Mr Chuah to receive appropriate training in the roles and responsibilities of a listed company's Director in Singapore.