Change - Announcement of Appointment::ANNOUNCEMENT OF APPOINTMENT OF VICE CHAIRMAN AND EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
PSL HOLDINGS LIMITED
Securities
PSL HOLDINGS LTD - SG1CC8000000 - BLL
PSL HOLDINGS W170422 - SG44Q2000008 - BLMW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
21-Nov-2016 19:41:53
Status
New
Announcement Sub Title
ANNOUNCEMENT OF APPOINTMENT OF VICE CHAIRMAN AND EXECUTIVE DIRECTOR
Announcement Reference
SG161121OTHRVRQZ
Submitted By (Co./ Ind. Name)
SUCIPTO
Designation
NON-EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF APPOINTMENT OF VICE CHAIRMAN AND EXECUTIVE DIRECTOR

Additional Details

Date Of Appointment
21/11/2016
Name Of Person
STEPHEN LEONG
Age
74
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors, having considered the recommendation of the Nominating Committee and having reviewed and considered the qualifications, work experience and suitability of Mr Stephen Leong ("Mr Leong"), is of the view that Mr Leong possesses the requisite experience and capabilities to assume the responsibilities as Vice Chairman and Executive Director of the Company.

Accordingly, the Board approved the appointment of Mr Leong as a Vice Chairman and Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive position responsible for strategic planning, corporate management, operations and business development of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Vice Chairman and Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
2013 - 2016
Chairman
Vistra (SEA) Pte Ltd

1985 - 2013
Group Managing Director
Stephen McLaren Consultants Pte Ltd

1985 - 2013
Group Managing Partner
Stephen McLaren Consultants Pte Ltd and subsidiaries
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
Other Directorships
# 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)
September 2005 - 7 November 2016
Advisory Pte. Ltd.

October 2010 - 7 November 2016
Cambodia Trade Pte. Ltd.

November 2010 - 7 November 2016
SMC Office Centre Pte. Ltd.

July 2012 - 7 November 2016
Myanmar Advisory Pte. Ltd.

January 1992 - September 2016
Ideal Elite Associates Pte. Ltd. (formerly known as Birla Associates Pte Ltd)

December 2009 - September 2016
E Energy Pte. Ltd.

July 2010 - June 2016
Cambodia Advisory Pte. Ltd.

September 2006 - June 2015
Singapore Assurance PAC

March 1992 - March 2015
Stephen Mclaren Consultants Pte Ltd

November 1992 - March 2014
Behaviour Modification Pte Ltd

June 2012 - July 2013
Colford Pte. Ltd.

November 2011 - February 2012
A.S.K Learning Pte. Ltd.

Vistra Sdn Bhd (Malaysia)

Singapore Assurance Consultants Limited (Cambodia)
Present
September 2016 - present
Gmmco Singapore Pte. Ltd.

April 2016 - present
Recura Pte. Ltd.

January 2012 - present
Eastpace Pte. Ltd.

December 2005 - present
SMC Nominees Pte Ltd

October 2005 - present
Internal Audit (Intl) Pte. Ltd.

November 2002 - present
SMC (2003) Pte. Ltd.

Edisi Perkhidmatan Sdn Bhd (Malaysia)
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Mr Stephen Leong will be attending training courses to familiarize himself with his role and responsibilities as a director of a public listed company.