Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
KINGSMEN CREATIVES LTD.
Securities
KINGSMEN CREATIVES LTD - SG1W76939881 - 5MZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
13-May-2024 06:00:11
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG240513OTHRPHE3
Submitted By (Co./ Ind. Name)
Soh Siak Poh Benedict
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Director

Additional Details

Date Of Appointment
13/05/2024
Name Of Person
Tan Chuan Lye
Age
66
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 undertook a selection process to identify a suitable candidate. After reviewing Mr Tan Chuan Lye's ("Mr Tan") qualifications, expertise, past experiences, commitments and independence, the Nominating Committee recommended Mr Tan's appointment as an Independent Director of the Company, Chairman of the Audit Committee and a Member of the Nominating Committee and Remuneration Committee, and the Board of Directors accepted the Nominating Committee's recommendation and approved the appointment.
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 Director, Chairman of Audit Committee and Member of Nominating Committee and Remuneration Committee
Professional qualifications
Master of Business Administration, Henley Business School (Brunel University London), United Kingdom

Fellow Member, Institute of Singapore Chartered Accountants, Singapore

Fellow Member, Association of Chartered Certified Accountants, United Kingdom

Standard Chartered - INSEAD International Management Programme
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
Adjunct Associate Professor, NUS Business School, National University of Singapore - 2016 to Present

Partner, Risk Consulting, KPMG Singapore - 2008 to 2015
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)
Directorships:
- All Saints Home
- Singapore Theatre Company

Other principal commitments:
- Member of Audit and Risk Committee, Integrated Health Information Systems Pte. Ltd.
- Member and Treasurer of the School Management Committee, Assumption English School
- Member of the School Management Committee, Montfort Secondary School
- Treasurer (and earlier as Chairman of Audit Committee), The Boys' Brigade in Singapore
Present
Directorships:
- First REIT Management Limited
- Heeton Holdings Limited
- Isetan (Singapore) Limited
- Berjaya Sompo Insurance Berhad
- Sompo Insurance Singapore Pte. Ltd.
- Meranti Power Pte. Ltd.
- Science Centre Board
- Synapxe Pte. Ltd.

Other principal commitments:
- Chairman of the Board of Trustees, The Brash Trust
- Member of Asia Advisory Board, EFG Bank AG
- Member of the School Advisory Committee, Crescent Girls' School
(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
Mr Tan is currently an independent director of the following issuers listed on the Singapore Exchange Securities Trading Limited:
- First REIT Management Limited
- Heeton Holdings Limited
- Isetan (Singapore) Limited