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

Issuer & Securities

Issuer/ Manager
LCD GLOBAL INVESTMENTS LTD.
Securities
LCD GLOBAL INVESTMENTS LTD. - SG1C01001033 - L38
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
13-Mar-2015 01:13:21
Status
New
Announcement Sub Title
Appointment of Non-Executive Director
Announcement Reference
SG150313OTHRT8FJ
Submitted By (Co./ Ind. Name)
Iris Wu Hwee Tan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Koh Wee Seng as Non-Executive Director.

Additional Details

Date Of Appointment
12/03/2015
Name Of Person
Koh Wee Seng
Age
47
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Koh Wee Seng ("KWS") is the Chief Executive Officer and Executive Director of Aspial Corporation Limited, a company listed on the Mainboard of Singapore Exchange Securities Trading Limited ("SGX-ST"). He is also the Non-Executive Chairman of Maxi-Cash Financial Services Corporation Ltd which is listed on the Catalist of SGX-ST; and holds directorships in numerous other companies. With his extensive knowledge and relevant experience in heading and managing listed companies, the Nominating Committee and the Board are confident that he will contribute invaluably to the Company and look forward to his guidance towards the Group's future development and growth.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive appointment.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother of Mr Koh Wee Meng, Ms Ko Lee Meng and Ms Koh Lee Hwee, who are the controlling shareholders of the Company. To the best of KWS' knowledge, save as aforesaid, he does not have any family relationship with any director and/or substantial shareholder of the Company or of any of its principal subsidiaries.
Conflict of interests (including any competing business)
Controlling shareholder of Aspial Corporation Limited ("Aspial") holding direct and deemed interests in aggregate of approximately 77.4% of the issued share capital of Aspial. KWS is also the Chief Executive Officer and Executive Director of Aspial.

Brother of Mr Koh Wee Meng, the Chief Executive Officer, Executive Chairman and controlling shareholder of Fragrance Group Limited ("Fragrance"), as well as the Non-Executive Chairman and controlling shareholder of Global Premium Hotels Limited ("GPH"). GPH is a subsidiary of Fragrance. Mr Koh Wee Meng is an associate (such term as defined in the Listing Manual of Singapore Exchange Securities Trading Limited) of KWS.

Aspial's core businesses include property development, which the Company and its subsidiaries undertake as well. However, Aspial does not currently undertake any property development projects in the People's Republic of China or Thailand, which the Company and its subsidiaries currently operate in to the best of KWS' knowledge.

To the best of KWS' knowledge, Fragrance's and GPH's businesses include property development and the ownership and management of hotels, which the Company and its subsidiaries underake as well. However, neither Fragrance nor GPH undertakes any property development project or manage any hotels in the jurisdictions which the Company and its subsidiaries operate in to the best of KWS' knowledge.
Working experience and occupation(s) during the past 10 years
Chief Executive Officer, Aspial Corporation Limited
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
LCD Global Investments Ltd
Direct Interest
- 152,098,000 ordinary shares

Deemed Interest
- 676,956,569 ordinary shares
# 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)
8G Investment Pte Ltd
Present
MLHS Holdings Pte Ltd
Aspial Corporation Limited
BU2 Services Pte Ltd
Aspial International Pte Ltd
Aspial Investment Holding Pte Ltd
Aspial Global Holdings Pte Ltd
Gold Purple Pte Ltd
Belgium-Singapore Diamond Corporation Pte Ltd
AMC Diamond Singapore Pte Ltd
Aspial-Lee Hwa Jewellery Singapore Pte Ltd
Aspial-Lee Hwa Jewellery Pte Ltd
Goldheart Jewelry Pte Ltd
Citigems Pte Ltd
World Class Land Pte Ltd
Dynamic Project Management Services Pte Ltd
World Class Property Pte Ltd
World Class Capital Pte Ltd
World Class Property (Eastcoast) Pte Ltd
World Class Investment Pte Ltd
World Class Capital (LN) Pte Ltd
Headway Construction Pte Ltd
Advance Property Pte Ltd
World Class Developments Pte Ltd
World Class Developments (Bedok) Pte Ltd
World Class Developments (Central) Pte Ltd
World Class Property (Dunearn) Pte Ltd
World Class Property (North) Pte Ltd
World Class Property (Central) Pte Ltd
World Class Property (Telok Kurau) Pte Ltd
World Class Developments (City Central) Pte Ltd
World Class Developments (North) Pte Ltd
World Class Global Pte Ltd
Bayfront Realty Pte Ltd
Bayfront Ventures Pte Ltd
World Class Financial Services Pte Ltd
Maxi-Cash Group Pte Ltd
Maxi-Cash (North) Pte Ltd
Maxi-Cash (East) Pte Ltd
Maxi-Cash (West) Pte Ltd
World Financial Property Pte Ltd
Maxi-Cash (Central) Pte Ltd
Gold and Gem Pte Ltd
Maxi-Cash Jewellery Group Pte Ltd
Maxi-Cash Capital Pte Ltd
Maxi-Cash (Clementi) Pte Ltd
Maxi-Cash Assets Pte Ltd
Maxi-Cash Ventures Pte Ltd
Maxi-Cash (North East) Pte Ltd
Maxi-Cash (Central 2) Pte Ltd
Maxi-Cash (North East 2) Pte Ltd
Maxi-Cash (East 2) Pte Ltd
Kensington Village Pte Ltd
Kensington Land Pte Ltd
Band of Brothers Pte Ltd
World Class Land (Malaysia) Sdn Bhd
World Class Land (Penang) Sdn Bhd
World Class Land (Georgetown) Sdn Bhd
World Class Land (Georgetown) Holdings Sdn Bhd
WCL (Magazine) Sdn Bhd
WCL (Noordin St) Sdn Bhd
WCL (Macallum) Sdn Bhd
World Class Land (Australia) Pty Ltd
WCL-King (Vic) Pty Ltd
WCL-Southbank (Vic) Pty Ltd
WCL-A Beckett (Vic) Pty Ltd
WCL-Central Park (Qld) Pty Ltd
WCL-Cairns (Qld) Pty Ltd
WCL (Qld) Holdings Pty Ltd
WCL (Qld) Albert St Pty Ltd
WCL (Qld) Margaret St Pty Ltd
WCL (Cns) Cbd Pty Ltd
WCL (Cns) Aplin Pty 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?
Yes
If Yes, Please provide full details
KWS was investigated by the Commercial Affairs Department ("CAD") in Singapore in 2009 for possible infringements under Section 218 of the Securities and Futures Act. CAD's investigations were concluded in 2011 and no action was taken against him.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide details of prior experience
Chief Executive Officer and Executive Director, Aspial Corporation Limited

Non-Executive Chairman, Maxi-Cash Financial Services Corporation Ltd