Change - Announcement of Appointment::ANNOUNCEMENT ON APPOINTMENT OF CHIEF EXECUTIVE OFFICER OF THE COMPANY

Issuer & Securities

Issuer/ Manager
GENTING SINGAPORE LIMITED
Securities
GENTING SINGAPORE LIMITED - SGXE21576413 - G13
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-May-2022 09:11:30
Status
New
Announcement Sub Title
ANNOUNCEMENT ON APPOINTMENT OF CHIEF EXECUTIVE OFFICER OF THE COMPANY
Announcement Reference
SG220501OTHR6SLU
Submitted By (Co./ Ind. Name)
Ong Jinq Her
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Chief Executive Officer

Additional Details

Date Of Appointment
01/05/2022
Name Of Person
Tan Hee Teck
Age
66
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
28/05/2020
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Tan Hee Teck has been with the Group since 2004, and has been the President and Chief Operating Officer of the Company since 2010. The Nominating Committee and the Board have assessed and are satisfied that Mr Tan has the qualifications and experience to be appointed as the Chief Executive Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive in nature. The Chief Executive Officer is responsible for executing the Board's approved strategies, manages and develops GENS's businesses, and provides leadership to the management team of the Group to ensure effective day-to-day operational performance and organizational excellence.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Professional qualifications
1) Fellow of the Association of Chartered Certified Accountants, UK
2) Fellow of the Institute of Singapore Chartered Accountants
3) Member of the Malaysian Institute of Accountants
4) Advanced Management Program, Harvard Business School
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
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Mr Tan has been the President and Chief Operating Officer of the Company since 19 February 2010 and the Chief Executive Officer of Resorts World at Sentosa Pte. Ltd. ("RWS") since 1 January 2007. He was appointed as the Chairman of RWS on 25 February 2015, and provides leadership and leads the management team at RWS. He was responsible for the successful bidding of the Integrated Resort at Sentosa in 2006.
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?
Yes
Shareholding Details
17,250,000 (direct)
9,600 (deemed)
1,500,000 (performance 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)
1. Inland Revenue Authority of Singapore, Member of Taxpayer Feedback Panel
2. M-Daq Pte. Ltd., Chairman and Director
3. Genting International Corp., Director, President and Secretary
4. Dynamic Sales Investments Limited, Director
Present
1. Resorts World at Sentosa Pte. Ltd., Director, Chairman and Chief Executive Officer
2. Grand Knight International Pte. Ltd., Director
3. Greenfield Resources Capital Pte. Ltd., Director
4. StarEagle Holdings Pte. Ltd., Director
5. Genting International Management Pte. Ltd., Director
6. Genting International Gaming & Resort Technologies Pte. Ltd., Director
7. Legold Pte. Ltd., Director
8. Leukemia & Lymphoma Foundation, Vice President (Fundraising & Events), Governing Committee
9. Sea Research Foundation, Inc., Trustee
10. Singapore National Employers Federation (SNEF), Council Member and Honorary Treasurer
11. Ministry of Defence, Singapore - Advisory Council on Community Relations in Defence (ACCORD), Member of Main Council and Member of Employer and Business Council
12. Responsible Gambling Forum, Member (Industry)
13. Singapore Hotel Association, Board Member and Honorary Secretary
14. Central Provident Fund Board, Board Member and Chairman of Risk Management Committee and a Member of Staff Committee
15. RWS Management Services Pte. Ltd., Director
16. Tufnell Capital Pte. Ltd., Director
17. Anext Bank Pte. Ltd., Independent Non-Executive Director
18. Hotel Transformation Steering Committee for the Hotel Industry, Member
(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
Yes
If Yes, Please provide full details
Please see Annex A for details.
(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
Genting Singapore Limited

Attachments

THT_Annex A.pdf
Total size =394K