Change - Announcement of Appointment::APPOINTMENT OF NON-EXECUTIVE, NON-INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
MOYA HOLDINGS ASIA LIMITED
Securities
MOYA HOLDINGS ASIA LIMITED - SG2F94994512 - 5WE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
17-Mar-2015 18:48:23
Status
New
Announcement Sub Title
APPOINTMENT OF NON-EXECUTIVE, NON-INDEPENDENT DIRECTOR
Announcement Reference
SG150317OTHR8P3S
Submitted By (Co./ Ind. Name)
Simon A. Melhem
Designation
Chief Executive Officer / Managing Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Canaccord Genuity Singapore Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securites Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr Alex Tan, Chief Executive Officer, Canaccord Genuity Singapore Pte. Ltd., at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854 6160.

Additional Details

Date Of Appointment
17/03/2015
Name Of Person
Mohammad Syahrial
Age
49
Country Of Principal Residence
Indonesia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr. Mohammad Syahrial ("Mr. Syahrial") was nominated by Tamaris Infrastructure Pte Ltd, a substantial shareholder of the Company, for appointment as a non-executive, non-independent director of the Company.

The nominating committee ("NC") has assessed the appointment of Mr. Syahrial as a director of the Company. During the nomination process, the NC has taken into account Mr. Syahrial's qualifications and experience. The board of directors ("Board") of the Company, with the recommendation of the NC, is of the view that Mr. Syahrial's appointment as a director will be beneficial to the Board and to the Company.
Whether appointment is executive, and if so, the area of responsibility
No
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive, Non-Independent Director, Remuneration and Nominating Committee Member
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
2014 - Present
Commissioner, PT GMT Kapital Asia

2012 - Present
President Director, PT Tamaris Hidro

2012 - Present
Director, PT Tamaris Kapital Asia

2011 - 2012
Commissioner, PT Tamaris Hidro

2011 - Present
Director, PT Tamaris Kapital

2011 - Present
Commissioner, PT Tamaris Hijau Lestari

2010 - Present
Commissioner, PT IBJ Verena Finance

2008 - Present
Managing Partner, PT Nura Kapital

2008 - 2011
Commissioner, PT Perusahaan Pengelola Aset

2004 - 2008
President Director, PT Perusahaan Pengelola Aset


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)
PT Perusahaan Pengelola Aset
Present
PT Tamaris Hidro
PT Tamaris Kapital Asia
PT Tamaris Kapital
(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. Syahrial to attend relevant courses to familiarize himself with the roles and responsibilities of a director of a public listed company in Singapore.