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

Issuer & Securities

Issuer/ Manager
CAPITAL WORLD LIMITED.
Securities
CAPITAL WORLD LIMITED. - KYG8763X1189 - 1D5
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
28-Jun-2019 19:13:42
Status
New
Announcement Sub Title
Appointment of Non Executive Non-Independent Director
Announcement Reference
SG190628OTHRKWAK
Submitted By (Co./ Ind. Name)
Siow Chien Fu
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") in accordance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST. 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 Ms Gillian Goh, Director, Head of Continuing Sponsorship (Mailing address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and Email: sponsorship@ppcf.com.sg).

Additional Details

Date Of Appointment
28/06/2019
Name Of Person
Tan Ler Choo
Age
57
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee and Board of Directors of the Company have reviewed and considered Ms Tan Ler Choo's qualifications and work experience and are of the opinion that she is suitable for the role of Non Executive 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.)
Non Executive Director, Chairman of Nominating Committee, and a member of Audit Committee and Remuneration Committee.
Professional qualifications
Diploma in Building
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
Yes. Tan Ler Choo is the aunt of Tan June Teng Colin @ Chen Junting and Tan Ping Huang Edwin @ Chen Binghuang, the substantial shareholders of the listed issuer.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
October 2004 to September 2011
Lianbang Venture Sdn. Bhd, Melaka, Malaysia
Contracts Director

October 2011 to current
Montane Construction Sdn Bhd, Melaka, Malaysia
Contracts Director
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)
Nil
Present
1. Montane Development Management Sdn Bhd
2. Montane Construction Sdn Bhd
(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?
Yes
If Yes, Please provide full details
An application of winding up petition was filed by a vendor of Montane Construction Sdn Bhd. Amount of RM1,162,463.17 was subsequently paid on 25 May 2019 and the petition was withdrawn by the vendor on 10 June 2019.
(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?
Yes
If Yes, Please provide full details
Tan Ler Choo was issued a bankruptcy order by the court for the personal guarantee for the performance bond and the bank facilities when Tan Ler Choo worked with Torie Construction Pte Ltd. However, the court has discharged the order on 18 May 2006.
(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?
Yes
If Yes, Please provide full details
Tan Ler Choo was issued a bankruptcy order by the court for the personal guarantee for the performance bond and the bank facilities when Tan Ler Choo worked with Torie Construction Pte Ltd. However, the court has discharged the order on 18 May 2006.
(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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Tan Ler Choo will be attending training on the roles and responsibilities of a director of a listed issuer.