General Announcement::Appointment to Board of Directors and Board Committees

Issuer & Securities

Issuer/ Manager
BUND CENTER INVESTMENT LTD
Securities
BUND CENTER INVESTMENT LTD - BMG1792W1367 - BTE
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Apr-2018 17:33:20
Status
New
Announcement Sub Title
Appointment to Board of Directors and Board Committees
Announcement Reference
SG180427OTHRXT2Q
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Board of Directors ("Board") of Bund Center Investment Ltd (the "Company") wishes to announce the appointment of Mr Foo Meng Kee as a Non-Executive Independent Director of the Company, the Chairman of its Remuneration Committee, and a member of its Audit Committee and Nominating Committee, effective on 1 May 2018.

Mr Foo is presently the principal owner of MK Capital Pte Ltd and MK Marine Pte Ltd. Since 2001, he has held various positions in several Singapore listed companies as an independent director. Prior thereto from 1976 to 1998, Mr Foo was with Hitachi Zosen Singapore Limited (now known as Keppel Shipyard Limited) where he led in its listing when he was the Managing Director. Mr Foo holds an MBA from the University of Dubuque, USA; Graduate Diploma in Marketing Management from the Singapore Institute of Management; and Bachelor of Commerce (Honours) from the Nanyang University of Singapore.

For the purposes of Rule 704(8) of the listing manual of the Singapore Exchange Securities Trading Limited ("Listing Manual"), Mr Foo is considered independent by the Board.

Details on the above appointment as required under Rule 704(7) of the Listing Manual are set out in a separate announcement released today.

By Order of the Board
BUND CENTER INVESTMENT LTD

Frankle (Djafar) Widjaja
Director
27 April 2018