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

Issuer & Securities

Issuer/ Manager
JACKS INTERNATIONAL LIMITED
Securities
JACKS INTERNATIONAL LIMITED - SG1I45882541 - J11
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
27-Oct-2014 17:23:27
Status
New
Announcement Sub Title
Announcement of Appointment of Independent Non-Executive Director
Announcement Reference
SG141027OTHRHST7
Submitted By (Co./ Ind. Name)
James Koh & Peter Tam
Designation
Company Secretaries
Effective Date and Time of the event
27/10/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)
Mr Ong Seng Pheow was appointed as Independent Non-Executive Director of Jacks International Limited with effect from 27 October 2014.

He was also appointed as a Member and Chairman of the Audit Committee as well as the Lead Independent Director with effect from 27 October 2014.

Additional Details

Date Of Appointment
27/10/2014
Name Of Person
Ong Seng Pheow
Age
66
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, having considered Mr Ong Seng Pheow s qualification and experience, has appointed him as an Independent Non-Executive Director of the Company.

Mr Ong has over 34 years experience in public practice with an international firm of accountants. He was the National Director of Assurance and Advisory Business Services of Ernst & Young Malaysia from 1994 until 2003. He is also Independent Non-Executive Director and Chairman of the Audit Committee of three other public listed companies in Malaysia, namely Daiman Development Berhad, LCTH Corporation Berhad and George Kent (Malaysia) Berhad. He is also Non-Executive Director of RHB Bank Berhad.

Mr. Ong is a member of the Malaysian Institute of Certified Public Accountants (MICPA) and the Malaysian Institute of Accountants (MIA).
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Audit Committee Chairman and Lead Independent Director
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
1994 to 2003:-
National Director of Assurance and Advisory Business Services of Ernst & Young Malaysia

Present:-
Independent Non-Executive Director of:-
1. Daiman Development Berhad
2. LCTH Corporation Berhad
3. George Kent (Malaysia) Berhad
4. RHB Bank Berhad
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
# 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
1. Daiman Development Berhad
2. LCTH Corporation Berhad
3. George Kent (Malaysia) Berhad
4. RHB Bank Berhad
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide details of prior experience
1. Daiman Development Berhad
2. LCTH Corporation Berhad
3. George Kent (Malaysia) Berhad