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

Issuer & Securities

Issuer/ Manager
ROTARY ENGINEERING LIMITED.
Securities
ROTARY ENGINEERING LIMITED - SG1A43000730 - R07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
31-Aug-2017 17:42:58
Status
New
Announcement Sub Title
Appointment of Non-Executive and Non-Independent Director
Announcement Reference
SG170831OTHRTOHY
Submitted By (Co./ Ind. Name)
Toh Li Ping, Angela
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive and Non-Independent Director

Additional Details

Date Of Appointment
31/08/2017
Name Of Person
Anwar Hilal Hamdoon Al Jabri
Age
47
Country Of Principal Residence
Oman
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Anwar Hilal Hamdoon Al Jabri ("Mr Al Jabri") is a representative of Oman Investment Fund, a substantial shareholder of the Company. The Board having reviewed Mr Al Jabri's experience and qualifications, concurred with the NC's recommendations and approved the appointment of Mr Al Jabri as a Non-Executive and Non-Independent Director of the Company. Consequent to his appointment, Mr Al Jabri will also be appointed as a member of the Audit Committee and the Remuneration Committee.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Director, member of the Audit Committee and the Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
February 2016 - Present
Chief Executive Officer of National Pioneer Investment and Development SAOC

May 2014 - August 2015
Executive Director and Group CEO of Oman National Investment Corporation Holding SAOG

October 2013 - February 2016
Investment Director of Oman Investment Fund (A Sovereign Wealth Fund)

March 2011 - September 2013
Financial Controller and Chief Financial Officer of Oman Investment Fund (A Sovereign Wealth Fund)

June 2005 - February 2011
Financial Controller of Oman Refinery Company
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?
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. Oman ORIX Leasing Company SAOG 2. Oman National Engineering & Investment Co. (S.A.O.G)
Present
Please refer to the attached Appendix for list of present Directorships.
(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
Mr Al Jabri had prior experience as a Director of a listed company outside Singapore. The Company will arrange for Mr. Jabri to attend appropriate training courses to familiarise himself with the roles and responsibilities of a Singapore listed company.

Attachments