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

Issuer & Securities

Issuer/ Manager
VIBRANT GROUP LIMITED
Securities
VIBRANT GROUP LIMITED - SG1BJ7000008 - BIP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
15-Nov-2021 19:30:15
Status
New
Announcement Sub Title
Appointment of Non-Executive Independent Director
Announcement Reference
SG211115OTHR2GN0
Submitted By (Co./ Ind. Name)
Francis Lee
Designation
CFO
Effective Date and Time of the event
15/11/2021 20:30:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive Independent Director

Additional Details

Date Of Appointment
15/11/2021
Name Of Person
Chew Khat Khiam Albert (Mr Chew)
Age
63
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors of the Company has reviewed the Nominating Committee's recommendation and the qualifications, experiences, suitability and independence of Mr Chew, and accordingly, the Board has approved the appointment of Mr Chew as a Non-Executive Independent Director of the Company.

The Board has considered Mr Chew to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited (SGX-ST).
Whether appointment is executive, and if so, the area of responsibility
The appointment is Non-Executive and Independent.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Audit Committee Member, Remuneration Committee Member and Nominating Committee Member
Professional qualifications
- Fellow of the Chartered Accountants in Australia & New Zealand (FCA)
- Fellow of the Hong Kong Institute of Certified Public Accountants (FCPA)
- Fellow of the Financial Services Institute of Australasia (F Fin)
- Chartered Accountant of the Singapore Institute of Chartered Accountants (CA Singapore)
- Member of the Australian Institute of Managers and Leaders
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Jan 2014 - Mar 2017: Director of Dynamic Group Cambodia
Nov 2010 - Sept 2013: CFO of Sinwa Limited
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)
Director of:
Joe Grand Eco Investment Co., Ltd (Cambodia)

Independent Non-Executive Director of:
- Kuchai Development Berhad,
- Sungei Bagan Rubber Company (Malaya) Berhad and
- Kluang Rubber Company (Malaya) Berhad
Present
Director of:
Joe Grand Eco Investment Co., Ltd (Cambodia)

Independent Non-Executive Director of:
- Kuchai Development Berhad,
- Sungei Bagan Rubber Company (Malaya) Berhad and
- Kluang Rubber Company (Malaya) Berhad
(Listed on the Bursa Malaysia (Bursa))
(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?
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
Mr Chew has experience as a director of issuers listed on Bursa and will be attending the relevant trainings in the roles and responsibilities of a director of a company on the SGX-ST as prescribed by the SGX-ST.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable.