Change - Announcement of Appointment::Appointment Of Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
METRO HOLDINGS LTD
Securities
METRO HOLDINGS LIMITED - SG1I11878499 - M01
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
09-May-2024 17:19:06
Status
New
Announcement Sub Title
Appointment Of Non-Executive and Independent Director
Announcement Reference
SG240509OTHRB4B8
Submitted By (Co./ Ind. Name)
Tan Ching Chek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please refer to the announcement for further information.

Additional Details

Date Of Appointment
09/05/2024
Name Of Person
Chan Boon Hui
Age
56
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The nomination of Mr Chan Boon Hui ("Mr Chan") as Non-Executive and Independent Director of the Company was duly reviewed by the Nominating Committee and the Board of Directors of the Company (the "Board"). During the nomination process, the Nominating Committee has taken into account Mr Chan's qualifications and work experience. The Board, with the recommendations of the Nominating Committee, is of the view that Mr Chan's appointment as a director of the Company will enhance the core competencies of the Board and will be beneficial to the Board and the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive and Independent Director
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director
Professional qualifications
Master of Arts - (Hons) (Law) Cambridge University (UK) and is a Chartered Financial Analyst.
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)
Nil
Working experience and occupation(s) during the past 10 years
He is presently the Managing Director of Chancery Capital Pte Ltd, a boutique private equity and corporate advisory practice. Mr Chan has more than 20 years of experience in the field of investment banking, mergers and acquisitions and corporate advisory. His extensive career spans global institutions including senior roles at OCBC Bank, BNP Paribas and the Rothschild Group in Singapore and New York, advising governments and corporations.
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)
1. Hiap Hoe Limited
2. JCY International Berhad
3. Java Private Limited
Present
1. Gamma Civic Limited
2. Chancery Capital Pte Ltd
3. H. Warta Pte Ltd
4. Evansville Capital Limited
5. Sapari 592 Pte Ltd
6. Makiling 772 Holdings Pte Ltd
7. Batalusong 780 Pte Ltd
8. Luntan 472 Pte Ltd
9. Cresta 1543 Pte Ltd
10. Auditor for Cashew Citizens Consultative Committee - (Holland-Bukit Timah GRC)
(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?
Yes
If Yes, Please provide details of prior experience
He is presently a director of Gamma Civic Limited (Mauritius) and was a director of Hiap Hoe Limited and JCY International Berhad.