Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
ABR HOLDINGS LIMITED
Securities
ABR HOLDINGS LIMITED - SG0533000253 - 533
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-Apr-2024 17:58:40
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG240429OTHR03C9
Submitted By (Co./ Ind. Name)
Ang Lian Seng
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Director

Additional Details

Date Of Appointment
29/04/2024
Name Of Person
Foong Daw Ching
Age
73
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Nominating Committee has recommended the appointment of Foong Daw Ching ("Mr Foong") as an Independent Non-executive Director of the Company and the Board has approved his appointment based on his qualifications and work experience.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent and Non-Executive Director, Chairman of Audit Committee, Member of Nominating and Remuneration Committees.
Professional qualifications
Mr Foong is a Senior Accredited Director awarded by Singapore Institute of Directors and is a:

1. Fellow of the Institute of Chartered Accountants in England and Wales
2. Fellow of the Institute of Singapore Chartered Accountants
3. Fellow member of CPA Australia
4. Chartered Accountant, Malaysia 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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Mr Foong is an Independent Director and Audit Committee Chairman of the following SGX Listed Companies for the past 10 years:

1. Travelite Holdings Ltd.
2. Suntar Eco-City Limited
3. Luminor Financial Holdings Limited (Also as Non-Executive Chairman)
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)
- Ayondo Ltd
- NUHS FUND Ltd
Present
- Suntar Eco-City Limited
- Travelite Holdings Ltd.
- Luminor Financial Holdings Limited
- St. Luke's Hospital
- St. Luke's ElderCare
- Tung Ling PreSchool Ltd
- Vice President, Church of Singapore
- President, Tung Ling Community Services
- President, Tung Ling Student Care Centre
- Crestar Education Group Pte Ltd
(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?
Yes
If Yes, Please provide full details
Please refer to Appendix A for full details.
(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?
Yes
If Yes, Please provide full details
Please refer to Appendix B for full details.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
1. Travelite Holdings Ltd.
- Independent Director / Chairman of Audit Committee

2. Suntar Eco-City Limited
- Independent Director / Chairman of Audit Committee

3. Luminor Financial Holdings Limited
- Independent Director / Chairman of Audit Committee / Non-Executive Chairman
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)
N/A

Attachments

Appendix A - Foong Daw Ching.pdf
Appendix B - Foong Daw Ching.pdf
Total size =161K