Change - Announcement of Appointment::APPOINTMENT OF EXECUTIVE DIRECTOR AND CHIEF OPERATING OFFICER

Issuer & Securities

Issuer/ Manager
WILMAR INTERNATIONAL LIMITED
Securities
WILMAR INTERNATIONAL LIMITED - SG1T56930848 - F34
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
11-Dec-2015 17:41:37
Status
New
Announcement Sub Title
APPOINTMENT OF EXECUTIVE DIRECTOR AND CHIEF OPERATING OFFICER
Announcement Reference
SG151211OTHRS1BX
Submitted By (Co./ Ind. Name)
Teo La-Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Director and Chief Operating Officer.

Additional Details

Date Of Appointment
01/01/2016
Name Of Person
Pua Seck Guan
Age
51
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Wilmar International Limited ("Wilmar") has reviewed the recommendation made by the Nominating Committee ("NC"). Having considered Mr Pua Seck Guan's extensive leadership, management and entrepreneurial skills and experience in growing businesses locally and overseas, especially in China where the Wilmar Group has significant operations, the NC and the Board are of the view that the appointment of Mr Pua as Wilmar's Executive Director and Chief Operating Officer is beneficial to and in the best interest of Wilmar. Accordingly, the Board has approved Mr Pua's appointment as Wilmar's Executive Director and Chief Operating Officer with effect from 1 January 2016 upon the retirement of Mr Teo Kim Yong, Wilmar's Executive Director and Chief Operating Officer, who will retire on 31 December 2015.
Whether appointment is executive, and if so, the area of responsibility
Mr Pua's primarily responsibility will be to assist Wilmar's Chairman and Chief Executive Officer, with overseeing and managing the business of Wilmar and developing new businesses.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Operating Officer with effect from 1 January 2016.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
1. Perennial Real Estate Holdings Limited - Chief Executive Officer and Executive Director from 2014 to Current.
2. Perennial Real Estate Holdings Pte. Ltd. - Vice Chairman and President from 2012 to 2014.
3. Perennial China Retail Trust Management Pte. Ltd. - Chief Executive Officer from 2011 to 2014; Non-Executive Director from 2014 to Current; and Executive Director from 2011 to 2014
4. Perennial Real Estate Pte. Ltd.- Founder and Chief Executive Officer from 2009 to 2012.
5. DLF International Holdings Pte. Ltd. - Chief Executive Officer from 2008 to 2009.
6. CapitaLand Group:
(a) CapitaLand Retail Limited - Chief Executive Officer from 2004 to 2008;
(b) CapitalLand Financial Limited - Chief Executive Officer from 2004 to 2008;
(c) CapitaMall Trust Management Pte. Ltd. - Chief Executive Officer from 2002 to 2008.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed interest of 200,000 Wilmar ordinary shares held by spouse
# 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)
Please refer to Annexure 2
Present
Please refer to Annexure 1
(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?
Yes
If Yes, Please provide details of prior experience
Mr Pua Seck Guan is/was a Director in the following listed companies:

Current
Perennial Real Estate Holdings Limited.

Past
1. Perennial China Retail Trust Management Pte. Ltd., the manager of Perennial China Retail Trust;
2. CapitaMall Trust Management Pte. Ltd. (now known as CapitaLand Mall Trust Management Pte. Ltd.), the manager of CapitaMall Trust (now known as CapitaLand Mall Trust); and
3. CapitaRetail China Trust Management Pte. Ltd.(now known as CapitaLand Retail China Trust Management Pte. Ltd.), the manager of CapitaRetail China Trust (now known as CapitaLand Retail China Trust).

Attachments

Annexure 1 - Current directorship of Mr PSG as at 30 Nov 2015.pdf
Annexure 2 - Past 5 yrs directorships of Mr PSG as at 30 Nov 2015.pdf
Total size =176K