Change - Announcement of Appointment::Change - Announcement of Appointment - Mr. Sin Boon Ann

Issuer & Securities

Issuer/ Manager
SARINE TECHNOLOGIES LTD.
Securities
SARINE TECHNOLOGIES LTD - IL0010927254 - U77
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Jun-2020 19:48:42
Status
New
Announcement Sub Title
Change - Announcement of Appointment - Mr. Sin Boon Ann
Announcement Reference
SG200625OTHRGJ3I
Submitted By (Co./ Ind. Name)
Amir J. Zolty
Designation
Company Secretary
Effective Date and Time of the event
25/06/2020 18:00:00
Description (Please provide a detailed description of the event in the box below)
Mr. Sin Boon Ann was appointed as an Independent Director in the Company's AGM held today.

Additional Details

Date Of Appointment
25/06/2020
Name Of Person
Sin Boon Ann
Age
61
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board believes Mr. Sin s expertise and experience will fill the need for a qualified Corporate Governance
and Compliance expert as well as providing expertise on possible future secondary listings, raises of capital
via equity or debt listings, mergers and acquisitions, etc., and will contribute to achieving the Group s business
goals. The Nominating Committee of the Board has discussed the recommended composition of the Board and based on its recommendation (as specified in the Company's Annual Report for the year ended on 31 December 2019) and on Mr. Sin's credentials, Mr. Sin's candidacy was considered and approved by the Board.
Whether appointment is executive, and if so, the area of responsibility
N/A
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairperson of the Nominating Committee and Member of the Audit and Remuneration Committees.
Professional qualifications
Mr. Sin holds a Bachelor of Arts and a Bachelor of Law (Cum
Laude) both from the National University in Singapore, and a Masters of Law from the University of London. He
is admitted to practice law in Singapore.
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
None.
Conflict of interests (including any competing business)
None.
Working experience and occupation(s) during the past 10 years
Mr. Sin has had a legal career spanning over 30 years. Since 1992 through 2018 he was with Drew & Napier,
one of Singapore's leading legal firms, becoming a partner in 1994. Prior to his retirement in 2018, he was the
Deputy Managing Director of the Corporate & Finance Department and the Co-head of the Capital Markets
Practice in Drew & Napier LLC.
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)
DrewCorp Services Pte Ltd
Drew & Napier LLC
OSIM International Pte. Ltd.
UT REIT (Pte.) Ltd.
UT TRUST (Pte.) Ltd.
Transcorp Holdings Limited* (a publicly listed company)
Present
Name of Company Position
Balkan Holdings Pte. Ltd. Director
Healthway Medical Corp Limited* Independent Non-Executive Chairman
The Farrer Park Company Limited Director
Datapulse Technology Limited* Independent Director
W Capital Markets Pte. Ltd. Director
TIH Limited* Independent and Non-Executive Director
Sunrice GlobalChef Academy Pte. Ltd. Director
Esseplore Pte. Ltd. Director
HRnetGroup Limited* Lead Independent Director
Rex International Holding Limited* Lead Independent Director
SE Hub Ltd. Director
OUE Limited* Lead Independent Director
CSE Global Limited* Independent Director
Singapore Centre for Social Enterprise Ltd. Board Member
Tampines Central Community Foundation Director
* Denotes a publicly listed Company
(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
Please see above a list of directorship positions held by Mr. Sin. Please note also Mr. Sin's professional experience as a senior corporate cousel.

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