Change - Announcement of Appointment::APPOINTMENT OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR

Issuer & Securities

Issuer/ Manager
LH GROUP LIMITED
Securities
LH GROUP LIMITED - SG1CB3000007 - BKB
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
15-Feb-2017 21:48:46
Status
New
Announcement Sub Title
APPOINTMENT OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Announcement Reference
SG170215OTHRK8NN
Submitted By (Co./ Ind. Name)
TAN HAI PENG MICHEAL
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
APPOINTMENT OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

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 contact person for the Sponsor is Mr. Sebastian Jones, SAC Capital Private Limited at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542. Telephone number: +65 6532 3829. SAC Capital Private Limited is the parent company of SAC Advisors Private Limited.

Additional Details

Date Of Appointment
15/02/2017
Name Of Person
PEH SIONG WOON TERENCE ("TERENCE")
Age
42
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Based on the expertise and past experience of Terence, the Board believes that he is able to perform his duties and responsibilities that are in line with his role within the Group.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Terence is the son of Mr Peh Kwee Chim ( "PKC" ), who is a director of 3P Pte Ltd, the owner of 51.4% of the issued and paid-up share capital of Chuan Hup Holdings Limited. PKC is also the settlor of a trust which holds Qing Shan Pte Ltd, the parent company of 3P Pte Ltd, and is therefore deemed interested in the shareholding interest of Chuan Hup Holdings Limited in the Company, held by Chuan Hup Holdings Limited through its wholly-owned subsidiary, CH Biovest Pte. Limited.
Conflict of interests (including any competing business)
Please refer to Annex 1, B9.2 entitled "Potential Conflict of Interests" of the circular to shareholders dated 30 December 2016.
Working experience and occupation(s) during the past 10 years
Dec 2011 to Present Executive Vice Chairman and Executive Director (Appointment as Executive Vice Chairman in Aug 2013) with PCI Limited

Nov 2005 to Present CEO and Executive Director with Chuan Hup Holdings Limited
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
Deemed interest 59,151,600 ordinary shares

Terence is a director of 3P Pte Ltd which is the owner of 51.4% of the issued and paid-up share capital of Chuan Hup Holdings Limited. He is also the beneficiary of a trust which holds Qing Shan Pte Ltd, the parent company of 3P Pte Ltd. Therefore, he is deemed to be interested in the shareholding interest of Chuan Hup Holdings Limited in the Company, held through its wholly-owned subsidiary, CH Biovest Pte. Limited.
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)
22/12/2008 to 04/03/2013
Director
Whiterock Medical Company Pte. Ltd.

01/06/2010 to 16/08/2013 and 19/12/2014 to 27/02/2015
Alternate Director
CH Offshore Ltd.

30/06/2013 to 01/12/2015
Director
Quijul Pte Ltd

30/06/2013 to 01/12/2015
Director
Quijul Logistics Pte. Ltd.

09/02/2007 to 17/02/2012
Director
Walnut Pte. Ltd.

17/10/2005 to 12/09/2014
Director
Shin Chuan Pte. Ltd.

06/03/2003 to 30/04/2012
Director
Multinational Ltd

28/09/2006 to 11/09/2013
Director
Polytech Investing Ltd

30/09/2005 to 19/01/2017
Director
Whiterock Healthcare Pte. Ltd.
Present
01/11/2005 to Present
Director
Chuan Hup Holdings Limited

17/10/2005 to Present
Director
CH Biovest Pte. Limited

17/10/2005 to Present
Director
Provest Global Pte. Ltd.

01/03/2006 to Present
Director
Ventrade (Asia) Pte. Ltd.

27/09/2006 to Present
Director
Cresta Investment Pte. Ltd.

17/10/2005 to Present
Director
Beauford Marine Pte Ltd

17/10/2005 to Present
Director
Provest Realty Pte. Ltd.

28/12/2011 to Present
Director
PCI Limited

27/09/2004 to Present
Director
Provest Holdings Pte. Ltd.

17/10/2005 to Present
Director
Provest Transword Limited

28/09/2006 to Present
Director
Valcom Holdings Inc

14/03/2013 to Present
Director
3P Pte 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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide details of prior experience
01/11/2005 to Present
Director
Chuan Hup Holdings Limited

28/12/2011 to Present
Director
PCI Limited

01/06/2010 to 16/08/2013 and
19/12/2014 to 27/02/2015
Alternate Director
CH Offshore Ltd