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

Issuer & Securities

Issuer/ Manager
VICPLAS INTERNATIONAL LTD
Securities
VICPLAS INTERNATIONAL LTD - SG1G57870584 - 569
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
28-Nov-2016 19:31:24
Status
New
Announcement Sub Title
Appointment of Non-Executive Director
Announcement Reference
SG161128OTHR47K9
Submitted By (Co./ Ind. Name)
Esther Au
Designation
Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of appointment of Non-Executive and Non-Independent Director

Additional Details

Date Of Appointment
28/11/2016
Name Of Person
Jane Rose Philomene Gaines-Cooper
Age
57
Country Of Principal Residence
Switzerland
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, has invited Mrs Jane Rose Philomene Gaines-Cooper to join the Board in view of her experience in the medical devices sector (including her pioneering role in the success of the original laryngeal mask medical device) and her leadership qualities.

The shareholders of Vicplas had at the Eighteenth Annual General Meeting held on 28 November 2016, approved Mrs Gaines-Cooper's appointment as a Director of Vicplas.
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 Director, a member of the Audit Committee and Nominating Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Wife of Mr Robert Gaines-Cooper who is a director and substantial shareholder of the Company.

Venner Capital S.A. is owned by the Bird Island Trust, a fully discretionary trust under Liechtenstein law, the trustee of which is CTX Treuhand AG, a trust company based in Leichtenstein.

Mr Robert Gaines-Cooper is presently the sole beneficiary and protector under the trust. Mr Robert Gaines-Cooper is deemed to be interested in the shares of the Company owned by Bird Island Trust through Venner Capital S.A.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
President/Director of Venner Capital SA Group which includes medical device manufacture and distribution.

Former Non-Executive Director of LMA International N.V., which was Forefront Medical Technology (Pte) Ltd's major customer.
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
5,000,000 ordinary shares
# 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)
Venner Capital SA
Venner International Services Ltd
Venner Medical Technologies SA
Venner Finance (Panama) Inc
Villa Jamal (Pty) Ltd
Present
Venner Capital SA
Venner International Services Ltd
Venner Medical Technologies SA
Venner Finance (Panama) Inc
Villa Jamal (Pty) Ltd
(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
Non-Executive Director of LMA International N.V. (delisted from the official list of the SGX-ST with effect from 14 November 2012 and concluded liquidation proceedings on or about March 2013).