Change - Announcement of Appointment::Appointment of Executive Director
Issuer & Securities
STARLAND HOLDINGS LIMITED
STARLAND HOLDINGS LIMITED - SG2E72981474 - 5UA
Change - Announcement of Appointment
Date &Time of Broadcast
Announcement Sub Title
Appointment of Executive Director
Submitted By (Co./ Ind. Name)
Peng Peck Yen
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Director
This announcement has been prepared by Starland Holdings Limited (the "Company") and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.
This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01- 01, Singapore 229957, telephone (65) 65906881.
Date Of Appointment
Name Of Person
Kwan Yu Wen
Country Of Principal Residence
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has considered the Nominating Committee's recommendation and assessment of Ms Kwan Yu Wen's qualifications and experience and is satisfied that Ms Kwan's appointment as Executive Director of the Company will be beneficial to the Board and to the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Ms Kwan will be responsible for the overall business and general management of the group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Bachelor of Science (Economics) Degree from Singapore Management University
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
Ms Kwan is the daughter of Mr Kwan Chee Seng, Non-Executive Director of Starland Holdings Limited. Mr Kwan Chee Seng also holds 6,921,713 shares in Starland Holdings Limited (4.78% direct interest) and owns 83.17% indirect interest of Starland Holdings Limited through GRP Limited.
Mr Kelvin Kwan Chee Hong, General Manager of Starland Holdings Limited, is the uncle of Ms Kwan.
Conflict of interests (including any competing business)
Working experience and occupation(s) during the past 10 years
February 2019 to current: Director of GRP Limited
January 2017 to February 2019: Assistant Director, Operations and Business Development of Luminor Capital Pte Ltd and Consultant of GRP Limited
September 2015 to December 2016: Management Associate of GRP Limited
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Shareholding interest in the listed issuer and its subsidiaries?
# 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)
VDH Land Sdn Bhd
Multiple Lodge Sdn Bhd
Amira Properties Sdn Bhd
Accentvest Sdn Bhd
Rumah Kami Sdn Bhd
GRP Project Management Sdn Bhd
Venture Credit Sdn Bhd
Ratus Nautika Sdn Bhd
Fiscalab Capital Markets Sdn Bhd
Luminor Capital (Malaysia) Sdn Bhd
Nakhoda Fishery (Sarawak) Sdn Bhd
GRP Hua Kai Sdn Bhd
VDH Tower (Ipoh) Sdn Bhd
GRP Energiser Sdn Bhd
(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?
(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?
(c) Whether there is any unsatisfied judgment against him?
(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?
(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?
(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?
(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?
(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?
(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?
(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
(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
(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
(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?
(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?
Any prior experience as a director of an issuer listed on the Exchange?
If Yes, Please provide details of prior experience
Ms Kwan has been a Director of GRP Limited since 13 February 2019