Change - Announcement of Appointment::APPOINTMENT OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR - MR NAVINDERJEET SINGH A/L NARANJAN SINGH

Issuer & Securities

Issuer/ Manager
PLATO CAPITAL LIMITED
Securities
PLATO CAPITAL LTD - SGXE26599816 - YYN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
02-Oct-2020 17:24:51
Status
New
Announcement Sub Title
APPOINTMENT OF NON-EXECUTIVE AND NON-INDEPENDENT DIRECTOR - MR NAVINDERJEET SINGH A/L NARANJAN SINGH
Announcement Reference
SG201002OTHRZGQD
Submitted By (Co./ Ind. Name)
Ngiam May Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Navinderjeet Singh A/L Naranjan Singh as Non-Executive and Non-Independent Director of the Company.

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

The contact person for the Sponsor is Ms Jennifer Tan, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
02/10/2020
Name Of Person
Navinderjeet Singh A/L Naranjan Singh
Age
33
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The appointment of Mr Navinderjeet Singh A/L Naranjan Singh ("Mr Navin") as a Non-Executive and Non-Independent Director was recommended by the Nominating Committee and approved by the Board, after taking into consideration Mr Navin's qualifications, expertise and past experiences.
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 Non-Independent Director
Professional qualifications
- Bachelor of Commerce (Accounting and Finance), The University of Auckland
- Postgraduate Diploma in Finance, Massey 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
Nil
Conflict of interests (including any competing business)
Currently appointed as the Chief Financial Officer of ECM Libra Group Berhad ("ECML"). ECML is a joint venture partner of the Company, where the Company and ECML hold interest of equal proportions in several entities that are involved in hospitality business.
Working experience and occupation(s) during the past 10 years
10 September 2020 - Present
Chief Financial Officer, ECM Libra Group Berhad

2014 - 9 September 2020
Corporate Finance Manager, Chief Financial Officer, Chief Operating Officer, Chief Commercial Officer and Chief Executive Officer, Tune Hotels Group and Ormond Group

2013 - 2013
Manager- Corporate Finance, TA Securities

2012 - 2013
Assistant Manager Coverage, MIDF Investment Bank

2009 - 2012
Graduate to Assistant Manager, BDO Chartered Accountants
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)
- Tune Hotels Capital Sdn Bhd
- Tune Hotel IP Sdn Bhd
- Tune Hotels.Com Capital Partners 2 Sdn Bhd
- Tune Hotels.Com Capital Partners Ltd
- Tune Hotels Real Estates Pte Ltd
- Tune Hotels Regional Services (Singapore) Pte Ltd
- Tune Hotels Regional Services Australia Pty Ltd
- THI Sdn Bhd
- Tune Hotels Real Estate Sdn Bhd
- OHG Services Sdn Bhd
- TP International Pty Limited
Present
- Tune Hotels Real Estate Holdings Limited (BVI)
- Tune Hotels.com (BVI) Limited
- Tune Hotels 2 Sdn Bhd
- PT Tune Hotels Regional Services Indonesia
- Tune Hotels India Services Pte Ltd
- Tune Hotels Regional Services (UK) Limited
- Tune Hospitality Services (India) Pvt Ltd
- Ormond Lifestyle Services Sdn Bhd
- Positive Carry Sdn Bhd
- TYK Capital Sdn Bhd
- Ormond Group Sdn Bhd
- ECML Hotels 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?
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
The Company will arrange for Mr Navin to attend training courses as prescribed by the Exchange on the roles and responsibilities of a director of a listed company in Singapore.