Change - Announcement of Appointment::APPOINTMENT OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
GSS ENERGY LIMITED
Securities
GSS ENERGY LIMITED - SG1AG6000007 - 41F
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
18-Jun-2021 23:13:35
Status
New
Announcement Sub Title
APPOINTMENT OF INDEPENDENT DIRECTOR
Announcement Reference
SG210618OTHRDMQ1
Submitted By (Co./ Ind. Name)
Ng Say Tiong/Wong Liong Khoon
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Director

This announcement has been reviewed by the Company's sponsor, Stamford Corporate Services Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Bernard Lui.
Tel: 6389 3000 Email: bernard.lui@morganlewis.com

Additional Details

Date Of Appointment
21/06/2021
Name Of Person
Wong Quee Quee, Jeffrey
Age
45
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, having considered the recommendation of the Nominating Committee and assessed Mr. Wong s qualifications and experience, is of the view that he has requisite experience and capability to assume the responsibility of an Independent Director of the Company.
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 Independent Director
Professional qualifications
Chartered Valuer and Appraiser Programme from Nanyang Technological University and Institute of Valuers and Appraisers

HKSI Licensing Examination for Securities and Futures Intermediaries Paper 1 from Hong Kong Securities Institute

HKSI Licensing Examination for Securities and Futures Intermediaries Paper 2 from Hong Kong Securities Institute

CMFAS Module 4A (Rules and Regulations for Advising on Corporate Finance) from The Institute of Banking & Finance in Singapore

CMFAS Module 1B (Rules & Regulations for Dealing in Securities (Non-SGX-ST Members)) from The Institute of Banking & Finance in Singapore

CMFAS Module 6 (Securities Products & Analysis) from The Institute of Banking & Finance in Singapore

Solicitor of the Supreme Court of England and Wales from Supreme Court of England and Wales

Advocate and Solicitor of the Supreme Court of Singapore from Supreme Court of Singapore

Bachelor of Laws (Honours) (Second Class Upper) from National University of 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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
April 2018 to Current
SooChow CSSD Capital Markets (Asia) Pte. Ltd.
Chief Executive Officer

December 2017 to April 2018
SooChow CSSD Capital Markets (Asia) Pte. Ltd.
Head of Investment Banking

November 2014 to November 2017
Religare Capital Markets Corporate Finance Pte. Limited
Head of Investment Banking

November 2012 to November 2014
Religare Capital Markets Corporate Finance Pte. Limited
Managing Director, Investment Banking

December 2011 to November 2012
Religare Capital Markets Corporate Finance Pte. Limited
Chief Operating Officer

July 2010 to December 2011
Religare Capital Markets Corporate Finance Pte. Limited
Chief Operating Officer, Investment Banking
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
800,000 shares in the listed issuer
# 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)
2013 to 2020
Solum Capital Limited
Non-Executive Director

2019 to 2020
Rich Capital Holdings Limited
Independent Non-Executive Director, Member of the Nominating, Remuneration and Audit Committees

2018 to 2020
Sunstone Capital Markets Pte. Ltd.
Non-Executive Director

2013 to 2019
Honestbee Pte. Ltd.
Non-Executive Director

2013 to 2019
The Cub SG Pte. Ltd.
Non-Executive Director

2017 to 2017
Libra Group Limited
Lead Independent Director, Chairman of the Audit Committee and member of the Nominating and Remuneration Committees

2010 to 2017
Religare Capital Markets Corporate Finance Pte. Limited
Executive Director

2012 to 2016
Bartleet Wealth Management (Private) Limited
Non-Executive Director
Present
Since 2020
Hwa Chong Alumni Association
Special Council Member

Since 2019
GKE Corporation Limited
Independent Non-Executive Director, Member of the Nominating, Remuneration and Audit Committees

Since 2019
Singapore Judo Federation
Assistant Honorary Secretary General

Since 2018
SooChow CSSD Capital Markets (Asia) Pte. Ltd.
Executive Director and Chief Executive Officer

Since 2017
Management Committee Strata Title 3682
Member

Since 2016
Proccuri Group Limited
Independent Non-Executive Director, Chairman of the Nominating Committee and Member of Audit and Remuneration Committees
(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?
Yes
If Yes, Please provide full details
Mr. Wong was previously a Non-Executive Director of Honestbee Pte. Ltd. and resigned from such position with effect from 15 August 2019. Subsequent to his resignation, the Singapore Court had, on 7 July 2020, issued an order for Honestbee Pte. Ltd. to be wound up.
(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?
Yes
If Yes, Please provide full details
Mr. Wong Quee Quee, Jeffrey was an executive director of Religare Capital Markets Corporate Finance Pte. Limited ("RCMCF") between December 2010 and November 2017. In July 2016, RCMCF received a supervisory reminder from the Monetary Authority of Singapore (the "Authority") in respect of its breach of Regulation 6(1)(a) of the Securities and Futures (Financial and Margin Requirements for Holders of Capital Market Services Licenses) Regulations (the "SF(FRM)R"), which required a holder of the capital market services licence granted under the Singapore Securities and Futures Act to ensure that its financial resources do not fall below its total risk requirement. In July 2017, the Authority discovered another breach of the SF(FRM)R by RCMCF. After his resignation as executive director of RCMCF in November 2017, he was informed by RCMCF that the Authority had in February 2018, issued another supervisory reminder to remind RCMCF to ensure compliance with all applicable regulations at all time.
(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
2019 to Current
GKE Corporation Limited
Independent Non-Executive Director, Member of the Nominating, Remuneration and Audit Committees

2016 to Current
Procurri Group Limited
Independent Director, Chairman of the Nominating Committee and Member of the Audit and Remuneration Committees

2019 to 2020
Rich Capital Holdings Limited
Independent Non-Executive Director, Member of the Nominating, Remuneration and Audit Committees

2017 to 2017
Libra Group Limited
Lead Independent Director, Chairman of the Audit Committee and Member of the Nominating and Remuneration Committees