Change - Announcement of Appointment::Appointment of Non-Executive 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
09-Jul-2024 19:26:09
Status
New
Announcement Sub Title
Appointment of Non-Executive Independent Director
Announcement Reference
SG240709OTHRN7XK
Submitted By (Co./ Ind. Name)
Kiar Lee Noi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Dr. Lei as Non-Executive Independent Director

This announcement has been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited (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 Jerry Chua, Telephone number: (+65) 6241 6626 Email: jerrychua@evolvecapitalasia.com)

Additional Details

Date Of Appointment
16/07/2024
Name Of Person
Lei Chien
Age
65
Country Of Principal Residence
Taiwan, Province Of China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors ("the Board") of GSS Energy Limited (the "Company", and together with its subsidiaries, the "Group"), having considered the recommendation of the Nominating Committee of the Company and assessed Dr. Lei's professional qualifications, educational background and her work experience is of the view that she has the requisite experience and capabilities to assume the responsibility of a Director of the Company. The Board is also of the view that her appointment will increase the gender diversity of the Board.
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 Non-Executive Chairperson of the Board, Chairperson of the Nominating and Remuneration Committees and Member of the Audit Committee
Professional qualifications
B.A., Foreign Languages and Literature, National Taiwan University
M.A, Annenberg School for Communications, University of Pennsylvania
Ph.D., Annenberg School for Communications, University of Pennsylvania
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
N/A
Conflict of interests (including any competing business)
N/A
Working experience and occupation(s) during the past 10 years
2023 to present: Senior Research Fellow, Belt and Road Research Institute, Hainan University
2018 to present: Chairperson & Executive Director, Natural Beauty Bio-Technology Ltd.
2017 to present: Chairperson, National Women's League, R.O.C.
2016 to present: Executive Director, Pacific Construction Co., Ltd.
2014 to 2020: Vice Chairman, DigiDom Cable TV Co., Ltd.
2011 to 2020: Independent Director, IBF Financial Holdings Co., Ltd.
2009 to 2017: Director, Eastern Broadcasting Co., Ltd.
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)
DigiDom Cable TV Co., Ltd.
IBF Financial Holdings Co., Ltd.
Present
Natural Beauty Bio-Technology Ltd.
National Women s League, R.O.C.
Pacific Construction Co., 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 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
Dr. Lei is a Director of Pacific Construction Co., Ltd, a company listed on the Taiwan Stock Exchange, and a Director (Chairperson) of Natural Beauty Co. Ltd., a company listed on the Hong Kong Stock Exchange. She has attended many training courses in those two jurisdictions.

The Company will be enrolling Dr. Lei in the relevant training courses offered by either (i) Singapore Institute of Directors or (ii) Institute of Singapore Chartered Accountants and SAC Capital within one year from the date of her appointment.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable