Change - Announcement of Appointment::Appointment of Audit Committee Member

Issuer & Securities

Issuer/ Manager
HALCYON AGRI CORPORATION LIMITED
Securities
HALCYONAGRI US$200M3.8%PERPSEC - XS2257850409 - HJPB
HALCYON AGRI CORPORATION LTD - SG2F48989824 - 5VJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
08-Mar-2021 18:29:01
Status
New
Announcement Sub Title
Appointment of Audit Committee Member
Announcement Reference
SG210308OTHRR9BI
Submitted By (Co./ Ind. Name)
Liew Guat Yi
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Eddie Chan Yean Hoe as a member of the Company's Audit Committee. Mr Eddie Chan is presently an Independent Director of the Company.

Additional Details

Date Of Appointment
08/03/2021
Name Of Person
EDDIE CHAN YEAN HOE
Age
66
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, after reviewed the recommendation from the Nominating Committee as well as the accounting expertise, competency and suitability of Mr Eddie Chan Yean Hoe, approved the appointment of Mr Eddie Chan as a member of the Audit Committee.

The Board considers Mr Eddie Chan to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.
Whether appointment is executive, and if so, the area of responsibility
Independent and Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director
Member of Audit Committee
Professional qualifications
Certified Public Accountant
Member of the Malaysian Institute of Certified Public Accountants
Chartered member of the Malaysian Institute of Accountants
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
2016 to 2019, Daiman Development Berhad
Independent Director, Chairman of the Risk Management Committee, member of the Audit Committee and Remuneration Committee

2014 to 2016, Daiman Development Berhad
Non-executive Director, member of the Audit Committee and Nomination Committee

2015, Jurong Aromatics
Adviser to CEO

2011 to 2014, Daiman Development Berhad
Executive Director

2003 to 2011, CNOOC & Shell Petrochemicals Pte Ltd
Director - Finance
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)
Independent Director, Chairman of the Risk Management Committee, member of the Audit Committee and Remuneration Committee, Daiman Development Berhad
Present
Independent Director, Halcyon Agri Corporation Limited
(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 an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr Eddie Chan Yean Hoe was appointed as a Director of the Company on 28 July 2020. He has completed the Listed Entity Director (LED) Programme of the Singapore Institute of Directors in October 2020.