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

Issuer & Securities

Issuer/ Manager
GUOCOLAND LIMITED
Securities
GUOCOLAND LIMITED - SG1R95002270 - F17
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Sep-2016 20:07:43
Status
New
Announcement Sub Title
Appointment of Non-Independent Non-Executive Director
Announcement Reference
SG160901OTHRLKB7
Submitted By (Co./ Ind. Name)
Mary Goh Swon Ping
Designation
Group Company Secretary
Effective Date and Time of the event
01/09/2016 20:00:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Independent Non-Executive Director

Additional Details

Date Of Appointment
01/09/2016
Name Of Person
Tang Hong Cheong
Age
61
Country Of Principal Residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Upon the recommendation of the Nominating Committee which had reviewed the qualifications and experience of Mr Tang Hong Cheong, the Board of Directors has approved the appointment of Mr Tang as a Non-Independent Non-Executive Director of GuocoLand Limited.
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
Nil.
Conflict of interests (including any competing business)
Director and President & CEO of Guoco Group Limited, a deemed substantial shareholder of GuocoLand Limited.
Working experience and occupation(s) during the past 10 years
HL Management Co Sdn Bhd:
Jan 2010 - 31 Aug 2016: President/Finance Director
Jan 2005 - Dec 2009: Finance Director
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
GuocoLand Limited
- 65,000 ordinary shares

Subsidiary: GuocoLand (Malaysia) Berhad
- 90,000 ordinary shares
- 210,000 options over shares
# 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 refer to attached Annex A.
Present
Please refer to attached Annex B.
(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
Mr Tang Hong Cheong was a Director of Southern Steel Berhad, listed on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities").

He was also the non-executive chairman of GLM REIT Management Sdn Bhd, an indirect subsidiary of GuocoLand Limited, which is the Manager of Tower Real Estate Investment Trust ("Tower REIT"). Tower REIT which is listed on Bursa Securities, is an associate of GuocoLand Limited.

He is currently a Director and President & CEO of Guoco Group Limited and a Director of Lam Soon (Hong Kong) Limited, both listed on the Main Board of The Stock Exchange of Hong Kong Limited.

Attachments

SGX Annex A and B.pdf
Total size =232K