Change - Announcement of Appointment::Appointment of Senior Advisor & Head of Strategic Digital Value Program - Dr. Kwong Yong Sin

Issuer & Securities

Issuer/ Manager
SILVERLAKE AXIS LTD
Securities
SILVERLAKE AXIS LTD - BMG8226U1071 - 5CP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
05-Apr-2019 17:53:05
Status
New
Announcement Sub Title
Appointment of Senior Advisor & Head of Strategic Digital Value Program - Dr. Kwong Yong Sin
Announcement Reference
SG190405OTHR9K19
Submitted By (Co./ Ind. Name)
Priscilla Tan
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Dr. Kwong Yong Sin ("Dr. Kwong"), Non-Independent Executive Director, as Senior Advisor & Head of Strategic Digital Value Program of the Company.

Additional Details

Date Of Appointment
01/07/2019
Name Of Person
Dr. Kwong Yong Sin
Age
62
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors, having reviewed and considered Dr. Kwong's experience, qualifications and competency to carry out his duties, concurred with the recommendation of the Nominating Committee, approved the appointment of Dr. Kwong as Senior Advisor & Head of Strategic Digital Value Program of the Company.

Dr. Kwong will continue in his role as a Group Managing Director of the Company until 30 June 2019.
Whether appointment is executive, and if so, the area of responsibility
Executive. Dr. Kwong will act as advisor to Chairman, Board and Group Managing Director in relation to corporate strategy, governance and group performance. He will also lead and drive the Strategic Digital Value Program.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Senior Advisor & Head of Strategic Digital Value Program
Professional qualifications
Dr. Kwong has a Bachelor of Commerce (Honours) from the University of New South Wales (Australia) and Ph.D in Information Systems. He is a Certified Practicing Accountant (Australia).
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No.
Conflict of interests (including any competing business)
No.
Working experience and occupation(s) during the past 10 years
2005 - to-date
Silverlake Axis Ltd and its subsidiary companies: Group Managing Director

2015 - to-date
Finzsoft Solutions Limited: Non-Executive Director

2011 - 2017
Global InfoTech Co. Ltd.: Non-Executive Director
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
Silverlake Axis Ltd:
- Direct Interest: 18,972,000 ordinary shares
- Deemed Interest: 1,450,000 ordinary shares (held by Dr. Kwong's spouse, Madam Khoo Beng Gaik @ Nellie)
# 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)
2011 - 2017
Global InfoTech Co. Ltd.: Non-Executive Director
Present
2005 - to-date
Silverlake Axis Ltd and its subsidiary companies: Group Managing Director

2015 - to-date
Finzsoft Solutions Limited: Non-Executive Director
(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?
Yes
If Yes, Please provide details of prior experience
Dr. Kwong is currently the Group Managing Director of the Company.
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)
Not Applicable.