Change - Announcement of Appointment::Appointment of Mr Wee Ee Chao as Chairman of the Company

Issuer & Securities

Issuer/ Manager
HAW PAR CORPORATION LIMITED
Securities
HAW PAR CORP LTD - SG1D25001158 - H02
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
26-Feb-2024 17:18:00
Status
New
Announcement Sub Title
Appointment of Mr Wee Ee Chao as Chairman of the Company
Announcement Reference
SG240226OTHR2OGN
Submitted By (Co./ Ind. Name)
Chiew Kun Long, Alvin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Wee Ee Chao as Chairman of the Company

Additional Details

Date Of Appointment
26/02/2024
Name Of Person
Wee Ee Chao
Age
69
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)
Mr Wee Ee Chao is the Deputy Chairman, Non-Executive and Non-Independent Director of the Company. The Board of Directors, having considered the recommendation of the Nominating Committee which has assessed the experience of Mr Wee Ee Chao and his contributions to the Group, has appointed Mr Wee Ee Chao as Chairman of the Company.
Whether appointment is executive, and if so, the area of responsibility
Chairman, Non-Executive and Non-Independent Director
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman
Professional qualifications
Bachelor of Business Administration, The American University, Washington DC, USA
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
Mr Wee Ee Chao is (i) the son of the late Dr Wee Cho Yaw, a substantial shareholder of the Company and Chairman and Non-Executive Director of the Company up to 3 February 2024, (ii) the brother of Mr Wee Ee Lim, substantial shareholder of the Company, President and Chief Executive Officer, Executive and Non-Independent Director of the Company, and (iii) the brother of Mr Wee Ee Cheong, substantial shareholder of the Company.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
July 2003 to current - Non-Executive and Non-Independent Director of the Company
1981 to current - Chairman and Managing Director of UOB-Kay Hian Holdings Limited
2006 to current - Non-Executive and Non-Independent Director of UOL Group Limited

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
Direct :13,826
Deemed: 75,135,381
# 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 Appendix A attached.
Present
Please refer to Appendix A attached.
(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
Yes
If Yes, Please provide full details
Please refer to Appendix B attached.
(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?
Yes
If Yes, Please provide full details
Please refer to Appendix B attached.
(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
Please refer to Appendix A attached.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable.

Attachments

MR WEE EE CHAO.Appendix A.pdf
MR WEE EE CHAO.Appendix B.pdf
Total size =182K