Change - Announcement of Appointment::Appointment of Mr Lim Bok Ngam as an Independent Director

Issuer & Securities

Issuer/ Manager
HOCK LIAN SENG HOLDINGS LIMITED
Securities
HOCK LIAN SENG HOLDINGS LTD - SG1Z21951640 - J2T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
04-Jan-2021 17:20:24
Status
New
Announcement Sub Title
Appointment of Mr Lim Bok Ngam as an Independent Director
Announcement Reference
SG210104OTHR9XZ3
Submitted By (Co./ Ind. Name)
Siau Kuei Lian
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Mr Lim Bok Ngam ("Mr Lim") as Independent Director

Additional Details

Date Of Appointment
04/01/2021
Name Of Person
Lim Bok Ngam
Age
70
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has accepted the Nominating Committee's recommendation, which has considered and reviewed Mr Lim's declaration of independence, qualification and experience and approved the appointment of Mr Lim as Independent Director of the Company. Mr Lim has also been appointed as a member of Nominating Committee, Remuneration Committee, Audit and Risk Management Committee and Board Safety Committee with effect from 4 January 2021.

The Board noted that NC has conducted an interview with Mr Lim and noted that Mr Lim was a project adviser of Hock Lian Seng Infrastructure Pte. Ltd. from 1 July 2014 to 31 March 2020. His role as project adviser of Hock Lian Seng Infrastructure Pte. Ltd. will not compromise his independent judgements to discharge his duties and responsibilities as a Director of the Company.

Having carefully considered and reviewed his declaration of independence, qualification and experience, the NC is satisfied that Mr Lim's previous role as project adviser to Hock Lian Seng Infrastructure Pte. Ltd. will not affect his role as Independent Director of the Company.

The Board considers Mr Lim to be independent for the purpose of Rule 704(8) of the Listing Manual of the SGX-ST.



Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, a member of Nominating Committee, Remuneration Committee, Audit and Risk Management Committee and Board Safety Committee
Professional qualifications
Professional Engineer
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 Lim has extensive experience in the field of infrastructure, building and civil engineering. He started his career in the area of design and progressed to construction and project management. He was the DCE (Deputy Chief Executive) of LTA from 2007 to 2012, responsible for the implementation of MRT /road projects and smooth running of the entire land transport system in Singapore. Mr Lim retired in 2012.
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)
Project Adviser for Hock Lian Seng Infrastructure Pte. Ltd.
(1 July 2014 to 31 Mar 2020)
Present
1.Board member (Transitlink Pte Ltd), a LTA company

2.Committee Member of ECAD (Executive Committee on Airport Development), Changi Airport Group

3.Council member (Public Transport Council), a MOT Statutory Board

4.Adviser, DTSS2. PUB Deep Sewer Tunnel Project

5.Panel member DPAP (Development Projects Advisory Committee), Ministry of Finance
(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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
To enrol in SID training programmes for listed company directors