Change - Announcement of Appointment::Re-Designation of Independent Director to Non-Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
BAKER TECHNOLOGY LIMITED
Securities
BAKER TECHNOLOGY LIMITED - SG1CI3000002 - BTP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
26-Apr-2024 17:28:08
Status
New
Announcement Sub Title
Re-Designation of Independent Director to Non-Independent Non-Executive Director
Announcement Reference
SG240426OTHRTJDA
Submitted By (Co./ Ind. Name)
Lim Mee Fun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Re-Designation of Independent Director to Non-Independent Non-Executive Director

Additional Details

Date Of Appointment
26/04/2024
Name Of Person
Wong Meng Yeng
Age
65
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
26/04/2024
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Pursuant to SGX Listing Rule 210(5)(d)(iv), Mr Wong Meng Yeng ceases to be an Independent Director of the Company after the conclusion of the Company's Annual General Meeting ("AGM 2024") held on 26 April 2024.

Upon the recommendation of the Nominating Committee (with Mr Wong Meng Yeng abstaining from the decision process), the Board has determined that Mr Wong Meng Yeng's continued involvement as a Non-Executive Non-Independent Director after the AGM 2024 would be highly beneficial for the Company and its shareholders, by providing continuity, valuable insight, and expertise that supports the Company's long-term strategy and governance. As such, Mr Wong Meng Yeng has been re-designated as Non-Independent Non-Executive Director on 26 April 2024, immediately after the conclusion of the AGM 2024.
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
Member of Remuneration Committee
Professional qualifications
Mr Wong Meng Yeng holds a Bachelor of Laws (Honours) Degree from the National University of Singapore.
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
Legal practice at Alliance LLC with focus on corporate commercial matters.
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)
Past Directorship:
Keong Hong Holdings Ltd
Straumann Singapore Pte Ltd
Collinfood Pte Ltd

Past Principal Commitments:
Nil
Present
Present Directorship:
Multi-Chem Limited
Alliance LLC
Bancalliance Pte Ltd
Memoasia Group Limited
Providence Inc
Gracecourt Offshore Inc

Present Principal Commitments:
Advocate and solicitor and director at Alliance LLC
(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
Independent Director of the Company prior to re-designation.