Change - Announcement of Appointment::Announcement of Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
CHINA BEARING (SINGAPORE) LTD.
Securities
CHINA BEARING (SINGAPORE) LTD. - SG1U08932378 - AD7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
04-Feb-2016 18:18:13
Status
New
Announcement Sub Title
Announcement of Appointment of Independent Director
Announcement Reference
SG160204OTHRKNBE
Submitted By (Co./ Ind. Name)
LIM KEAN TIN
Designation
NON-EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Independent Director

Additional Details

Date Of Appointment
04/02/2016
Name Of Person
Lee Kean Cheong
Age
49
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee had deliberated on Mr Lee Kean Cheong's qualifications and experience and recommended Mr Lee Kean Cheong to be appointed as Independent Director of the Company. The Nominating Committee's recommendation was accepted by the Board and the Board is of the view that Mr Lee Kean Cheong has the requisite experience and capability to assume the duties and responsibilities as a Independent Director of the Company.
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 Director, Chairman of Remuneration Committee, Member of Audit Committee and Nominating Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Vice President of Chrysalis Group
Managing Partner of KC Lee and Partners
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)
Chrysalis Group
Tai Hup Fung Industries Sdn Bhd
Invantest Technologies Sdn Bhd
Connectico Sdn Bhd
Quest Ace Consulting Sdn Bhd
Heat Xfer Technology Sdn Bhd
Ideal Capital Sdn Bhd
Present
KC Lee and Partners
Teo Guan Lee Corporation Berhad
Petrol One Resources Corporation Berhad
Ideal Earnings Sdn Bhd
TYK Food (INT) Sdn Bhd
D.B.E. Gurney Resources Berhad
(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 a listed company?
Yes
If Yes, Please provide details of prior experience
Independent Non-Executive Director of Teo Guan Lee Corporation Berhad, Petrol One Resources Berhad and D.B.E. Gurney Resources Berhad, companies which are listed on the Main Market of Bursa Malaysia Securities Berhad.