REPL::Change - Announcement of Appointment::Appointment of Independent Director
Issuer & Securities
Issuer/ Manager
BLACKGOLD NATURAL RESOURCES LIMITED
Securities
BLACKGOLD NATURAL RESOURCESLTD - SG1AH0000001 - 41H
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
23-Sep-2022 18:53:32
Status
Replacement
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG220921OTHRPIGW
Submitted By (Co./ Ind. Name)
Andreas Rinaldi
Designation
Executive Director and CEO
Description (Please provide a detailed description of the event in the box below)
This is a replacement announcement for Announcement of Appointment released on 21 September 2022 with reference number: SG220921OTHRPIGW. Mr Gerald Lim had disclosed on 23 September 2022 that he has 750,000 ordinary shares in BlackGold Natural Resources Limited. Save for the aforesaid, the content of the announcement remains the same.
This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.
This announcement has not been examined or approved by 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 Sponsor has also not drawn on any specific technical expertise in its review of this announcement.
The contact person for the Sponsor is Mr Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.
Additional Details
Date Of Appointment
21/09/2022
Name Of Person
LIM THIEN SU GERALD
Age
64
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 Nominating Committee ("NC") has reviewed the experience, qualifications, skill sets and strong business network of Mr Lim Thien Su Gerald ("Mr Lim") and is satisfied that Mr Lim possesses the requisite qualifications and competencies to assume the position of Independent Non-Executive Chairman. The Board of Directors approved the appointment of Mr Lim as Independent Non-Executive Chairman of the Company upon the recommendation of the NC. Mr Lim will also be appointed as Chairman of the NC and member of the Audit Committee ("AC") and Remuneration Committee ("RC").
The Board considers Mr Lim to be independent for the purpose of Rule 704(7) of the Singapore Exchange Securities Trading Limited Listing Manual Section B: Rules of Catalist.
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 Chairman, Chairman of the NC, member of the AC and RC.
Professional qualifications
Bachelor of Business Administration, National University of Singapore
Master of Arts in Education and Human Development, George Washington 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
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
October 2012 - August 2016
Chief Executive Officer South East Asia / Trade, Credit, Financial & Political Risks Asia of MARSH
September 2016 - Present
Executive Director and Chairman of Philip Insurance Investments Pte. Ltd.
October 2016 - Present
Executive Director of Philip AU Group Pte. Ltd.
January 2017 - August 2021
Non-Executive Director of Philip General Insurance (Cambodia) PLC
April 2018 - September 2019
Non-Executive Director of Philip Life Assurance (Cambodia) PLC
October 2016 - Present
Executive Director of AU Group Asia Pte. Ltd.
January 2019 - Present
Executive Director of PCMA Holdings Pte. Ltd.
August 2019 - Present
Executive Director of Philip Insurance Middle East. Pte. Ltd.
January 2020 - Present
Non-Executive Director of Philip Middle East Insurance Brokers LLC
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
Direct interest of 750,000 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)
November 2010 - May 2021
Hi-P International Pte. Ltd. (formerly known as Hi-P International Limited)
January 2011 - January 2019
Singapore College of Insurance Limited
March 2015 - July 2019
BlackGold Natural Resources Limited
May 1995 - February 2019
H & Q Asia Ventures Ltd (Dissolved - Members' Voluntary Winding Up)
January 2017 - August 2021
Philip General Insurance (Cambodia) PLC
Present
March 1988 - Present
Lim & Lyle Associates Pte. Ltd.
September 2006 - Present
Tampines Central Community Foundation Limited
October 2010 - Present
St Francis Methodist School Ltd.
March 2012 - Present
Royal Andaman Singapore Pte. Ltd.
September 2016 - Present
Phillip Insurance Investments Pte. Ltd.
October 2016 - Present
Phillip Au Group Pte. Ltd.
October 2016 - Present
AU Group Asia Pte. Ltd.
January 2019 - Present
PCMA Holdings Pte. Ltd.
July 2019 - Present
Balkan Holdings Pte. Ltd.
August 2019 - Present
Phillip Insurance Middle East Pte. Ltd.
November 2019 - Present
Kent Ridge Health Private Limited
(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
Currently holding Directorships in the following listed companies:
-
Previously held Directorship in the following listed companies:
- Hi-P International Limited (now known as Hi-P International Pte. Ltd.)
- BlackGold Natural Resources Limited
- International Healthway Corporation Limited (now known as OUE Lippo Healthcare Ltd)
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
Related Announcements
Related Announcements
21/09/2022 18:01:30