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

Issuer & Securities

Issuer/ Manager
METECH INTERNATIONAL LIMITED
Securities
METECH INTERNATIONAL LTD - SGXE91187273 - V3M
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
05-Nov-2020 22:31:05
Status
New
Announcement Sub Title
Appointment of Non-Executive Non-Independent Director
Announcement Reference
SG201105OTHRXY6W
Submitted By (Co./ Ind. Name)
Monica Kwok
Designation
VP
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Tan Siji Macarthur as a Non-Executive Non-Independent Director of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "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 Lay Shi Wei - Registered Professional, 6 Raffles Quay, #24-02, Singapore 048580, sponsor@rhtgoc.com

Additional Details

Date Of Appointment
05/11/2020
Name Of Person
Tan Siji Macarthur
Age
33
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, having considered the recommendation of the Nominating Committee, and having assessed the qualifications and experience of Mr. Tan Siji Macarthur ("Mr. Tan"), is of the view that he has the requisite experience and capabilities to assume the duties and responsibilities as Non-Executive Non-Independent Director of the Company. Mr. Tan has been nominated by Mr. Simon Eng, a substantial shareholder, to represent the latter's interest.

Upon the appointment of Mr. Tan as Non-Executive Non-Independent Director of the Company, Mr. Tan will also be appointed as a member of the Remuneration and Nominating Committees.
Whether appointment is executive, and if so, the area of responsibility
The appointment is non-executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Director, RC Member and NC Member.
Professional qualifications
Mr. Tan holds a Bachelor of Science from the Singapore Institute of Management (University of London).
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. Tan is the son-in-law of Mr. Simon Eng, a substantial shareholder of the Company who holds 24,303,377 ordinary shares, representing 24.29% of the issued and paid-up share capital of the Company.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
August 2020 to Present
Burpple Pte. Ltd.
- Executive Director

January 2018 to Present
Blue Ocean Capital Partners Pte. Ltd.
- Associate Director

April 2014 to December 2017
Kordamentha Pte. Ltd.
- Senior Executive Analyst

February 2012 to March 2014
Moore Stephens LLP
- Senior Audit Associate
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
2,546,793 ordinary shares in the issuer (direct)
2,370,769 ordinary shares in the issuer (deemed)
# 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)
Blum & Forst Pte. Ltd.
Present
Fort Canning (Asia) Pte. Ltd.
Goldman Hyte Pte. Ltd.
Thekey BDMI International Foundation Ltd.
Shiningdragon Pte. Ltd.
Tembusu Thekey Pte. Ltd.
Metech Recycling (USA) Pte. Ltd.
Apzenith Capital Pte. Ltd.
Burpple Pte. Ltd.
Metech International Limited
(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 an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
An orientation program will be conducted to familiarise Mr. Tan with the business and operations of the Company. Mr. Tan will also be invited to participate in seminars and events to keep him abreast of developments that are relevant to the Company. The Company will arrange for Mr. Tan to attend appropriate training courses to familiarise himself with the roles and responsibilities of a director of a listed company within 1 year from the date of his appointment as required under the Catalist Rules.
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)
N.A.