Change - Announcement of Appointment::APPOINTMENT OF PRESIDENT, SINGAPORE TECHNOLOGIES AEROSPACE LTD

Issuer & Securities

Issuer/ Manager
SINGAPORE TECHNOLOGIES ENGINEERING LTD
Securities
SINGAPORE TECH ENGINEERING LTD - SG1F60858221 - S63
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
21-Nov-2014 07:10:37
Status
New
Announcement Sub Title
APPOINTMENT OF PRESIDENT, SINGAPORE TECHNOLOGIES AEROSPACE LTD
Announcement Reference
SG141121OTHRUAC3
Submitted By (Co./ Ind. Name)
Chua Su Li
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Lim Serh Ghee as President of Singapore Technologies Aerospace Ltd

Additional Details

Date Of Appointment
01/12/2014
Name Of Person
Lim Serh Ghee
Age
55
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Lim Serh Ghee, Chief Operating Officer and President, Defence Business of ST Aerospace, will be appointed President, ST Aerospace. The sector is currently overseen by Mr Tan Pheng Hock, President and CEO of ST Engineering. Serh Ghee joined ST Aerospace in April 1984 as an engineer and rose to the position of Chief Operating Officer in June 2010. He played a critical role in charting the growth of the Group's aerospace sector which today is recognised as the world's largest commercial airframe maintenance, repair and overhaul (MRO) service provider. With his wealth of experience in the aerospace industry, the Board and the Executive Resource & Compensation Committee are confident that Serh Ghee will add strength to the Group's management team and lead ST Aerospace to greater heights.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive in nature. Serh Ghee will be overall responsible and accountable for the business and operations of ST Aerospace as the President.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
President, Singapore Technologies Aerospace Ltd
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
Mr Lim Serh Ghee has been with the Group since 1984 and he had spent 30 years of his career in the aerospace sector. He had held several senior management appointments within the Group including that of Chief Operating Officer & President Defence Business and Executive Vice President of Aircraft Maintenance & Modification (AMM), a business segment of ST Aerospace.
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Singapore Technologies Engineering Ltd
- 489,455 shares
- 200,000 options+ to subscribe for ordinary shares
- up to 207,400 Performance Shares*
- up to 114,000 Restricted Shares**
- 26,712 unvested Restricted shares**

+ pursuant to ST Engineering Share Option Plan
* pursuant to the ST Engineering Performance Share Plan 2010
** pursuant to the ST Engineering Restricted Share Plan 2010
# 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)
Pls see Annex A attached
Present
Pls see Annex 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
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
Nil

Attachments