Change - Announcement of Appointment::Appointment of Director - Mr Freddie Heng

Issuer & Securities

Issuer/ Manager
ROWSLEY LTD.
Securities
ROWSLEY LTD. - SG1M49904634 - A50
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Apr-2018 21:16:13
Status
New
Announcement Sub Title
Appointment of Director - Mr Freddie Heng
Announcement Reference
SG180425OTHREMV0
Submitted By (Co./ Ind. Name)
Hasan Malik
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive, Non-Independent Director - Mr Heng Kim Chuan, Freddie

Additional Details

Date Of Appointment
25/04/2018
Name Of Person
Heng Kim Chuan, Freddie
Age
65
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Heng's appointment is a continuation of his current role as non-executive director of both Thomson Medical and TMC Life Sciences Bhd, the main healthcare operating companies under Sasteria Pte Ltd, being acquired. He is also the sole director of Sasteria Pte Ltd. He would therefore be very familiar with the operations of both Thomson and TMCLS on the front line and at a corporate level, in which he has been undertaking the same role. Mr Heng is a veteran in undertaking directorships of public listed companies, both in Singapore and in Australia. With his training in Economics and Accountancy, he is strongly qualified to have oversight of the corporate finance and governance of the company in his role as non-executive director.
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-Executive, Non-Independent Director
Member, Audit and Risk Management Committee and Nominating Committee
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
Mr Heng is the sole director of the Target Company and a non executive director of Thomson Medical and TMCLS. He is a non executive director of Synertec Corporation Limited (a company listed on the Australia Stock Exchange). He joined Arthur Andersen & Co (London) in 1977 and was later transferred to the Singapore office in 1981 where he remained until 1984. Mr Heng had previously served as a member of the board of directors in a number of Singapore public-listed companies including several years as an executive director in Van Der Horst Limited. He is also an independent financial and management consultant, covering mainly areas of general business and financial consulting, and mergers and acquisitions. Mr Heng graduated from the London School of Economics and Political Science with a Bachelor of Science (Economics) degree. He is a member of the Institute of Chartered Accountants in England and Wales and also a member of the Institute of Singapore Chartered Accountants.
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
# 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)
Please see attached
Present
Please see attached
(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
Non-Executive Director, Synertec Corporation Ltd
Non-Executive Director, TMC Life Sciences Bhd

Attachments