Change - Announcement of Appointment::Re-designation of Dr John Chen Seow Phun (Dr John Chen) as Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
HANWELL HOLDINGS LIMITED
Securities
HANWELL HOLDINGS LIMITED - SG1V81937806 - DM0
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
22-Apr-2016 17:38:06
Status
New
Announcement Sub Title
Re-designation of Dr John Chen Seow Phun (Dr John Chen) as Non-Executive and Independent Director
Announcement Reference
SG160422OTHRZT28
Submitted By (Co./ Ind. Name)
Chew Kok Liang
Designation
Company Secretary
Effective Date and Time of the event
22/04/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Re-designation of Dr John Chen Seow Phun (Dr John Chen) as Non-Executive and Independent Director.

Additional Details

Date Of Appointment
22/04/2016
Name Of Person
Dr John Chen Seow Phun
Age
62
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board wishes to inform that Dr John Chen satisfies Guidelines 2.3 and 2.4 of the Code of Corporate Governance 2012 (Code 2012), including the following:-

(a) He is not a 10% shareholder of the Company and has not been for the past 3 financial years;
(b) He has no relationship with any 10% shareholder of the Company;
(c) He has not been employed and does not have an immediate family member who is employed by the Company or its subsidiaries in the past 3 financial years;
(d) He is not involved in the day-to-day operations of the Company or its subsidiaries;
(e) He has no interested person transaction with the Company and its subsidiaries;
(f) He has completed his personal declaration of independence; and
(g) The Nominating Committee (NC) acknowledged that he has consistently demonstrated good communication skills, possesses a wealth of experience, and has devoted sufficient time to the affairs of the Company. He also contributed extensively throughout his 13 years of services to the Company. The Board believes that Dr John Chen is able to exercise objective judgment on the Company s affairs independently.

The NC taking into consideration the factors above, has reviews and is satisfied with the independence of Dr John Chen from deputy Chairman/Non-Executive Director to Deputy Chairman, Non-Executive and Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chairman/Independent Director, Chairman of the Nominating Committee and Remuneration Committee and a member of Audit Committee
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
1) 18 Sep 2002 - Present: Director of Hiap Seng Engineering Ltd
2) 24 Nov 2001 - Present: Director of JCL Business Development Pte Ltd
3) 13 Dec 2001 - Present: Director of Pavillon Holdings Ltd
4) 25 Jun 2002 - Present: Director of OKP Holdings Limited
5) 11 Jul 2003 - Present: Director of Matex International Limited
6) 9 Jun 2003 - Present: Director of Hanwell Holdings Limited
7) 12 Feb 2004 - Present: Director of SAC Capital Private Limited
8) 21 Nov 2005 - Present: Director of Tat Seng Packaging Group Ltd
9) 11 Aug 2006 - Present: Director of HLH Group Limited
10) 27 Nov 2007 - Present: Director of Fu Yu Corporation Limited
11) 1 Apr 2011 - Present: Director of National University Health System Pte. Ltd.
12) 9 Jan 2014 - Present: Director of Pattern Discovery Technologies Pte. Ltd.
13) 9 Jan 2014 - Present: Director of DATAESP Private Ltd.
14) 17 Mar 2014 - Present: Director of SAC Asset Management Pte. Ltd.
15) 20 April 2014 - Present: Director of JLM Foundation Ltd
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)
1) HLYNX Pte Ltd
2) Education Solutions International Pte. Ltd.
3) L M K Investment Pte. Ltd.
Present
1) Hiap Seng Engineering Ltd
2) Tat Seng Packaging Group Ltd
3) Fu Yu Corporation Limited
4) Matex International Limited
5) JCL Business Development Pte Ltd
6) Pavillon Holdings Ltd.
7) HLH Group Limited
8) OKP Holdings Limited
9) Unigold Asia Limited
10) Riverstar Investments Limited
11) SAC Captial Private Limited
12) National University Health System Pte. Ltd.
13) DATAESP Private Ltd.
14) Pattern Discovery Technologies Pte. Ltd.
15) SAC Asset Management Pte. Ltd.
16) JLM Foundation Ltd.
(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?
Yes
If Yes, Please provide details of prior experience
Dr John Chen appointed as the Non-Executive Director of the Company since 9 June 2003.

Dr John Chen also hold other directorship in the following listed companies:

1) 13 Dec 2001 - Present: Director of Pavillon Holdings Ltd
2) 11 Jul 2003 - Present: Director of Matex International Limited
3) 27 Nov 2007 - Present: Director of Fu Yu Corporation Limited
4) 25 Jun 2002 - Present: Director of OKP Holdings Limited
5) 18 Sep 2002 - Present: Director of Hiap Seng Engineering Ltd
6) 21 Nov 2005 - Present: Director of Tat Seng Packaging Group Ltd
7) 11 Aug 2006 - Present: Director of HLH Group Limited