Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
MICRO-MECHANICS (HOLDINGS) LTD.
Securities
MICRO-MECHANICS (HOLDINGS) LTD - SG1O09910991 - 5DD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
31-Mar-2024 23:12:45
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG240331OTHRE0T5
Submitted By (Co./ Ind. Name)
Wendy Tan Wei Lee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Director.

Additional Details

Date Of Appointment
01/04/2024
Name Of Person
Chua Siew Hwi (Cai Xiuhui)
Age
47
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)
In accordance with the protocols prescribed, the Nominating Committee (NC) identified potential candidates fitting the criteria set by the Board by making inquiries with the Singapore Institute of Directors, Institute of Singapore Chartered Accountants, its corporate services provider and its own directors. A number of potential candidates consequently came into view. Having shortlisted potential candidates, the NC then conducted interviews and made recommendations to the Board. After a second round of interview and based on suitability of experience, background, qualifications and other attributes deemed desirable, the Board issued an invitation to Ms Chua Siew Hwi (Cai Xiuhui) who accepted the appointment as independent director.
Whether appointment is executive, and if so, the area of responsibility
Independent Non-Executive Director
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Member of Audit Committee, Nominating Committee, Remuneration Committee and Risk Management Committee
Professional qualifications
Fellow Chartered Accountant (Singapore), ASEAN Certified Public Accountant
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
1) Senior Vice President, Enterprise Performance, Changi Airport Group (Singapore) Pte Ltd (Apr 2021 to Present)
2) Chief Financial Officer, Changi Airport International Pte Ltd (Oct 2020 to Feb 2021)
3) Divisional Director, Finance, Sentosa Development Corporation (Jul 2017 to Oct 2020)
4) Deputy Chief Executive Officer and Chief Financial Officer, Stamford Land Corporation Ltd (Jun 2013 to Sep 2016)
5) Deputy Chief Executive Officer and Chief Financial Officer, Singapore Shipping Corporation Ltd (Jun 2013 to Sep 2016)
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)
1. Changi Airport Consultants Pte. Ltd.
2. Changi Airports India Pte. Ltd.
3. Changi Airports China Pte. Ltd.
4. Changi Airports MENA Pte. Ltd.
5. Changi Airports Europe Pte. Ltd.
6. Changi Airports Philippines (I) Pte. Ltd.
7. Changi Airports Kyushu Pte. Ltd.
8. Changi Golden Edge Pte. Ltd.
9. GateEq Pte. Ltd.
10. Goldenhorn Gate Pte. Ltd.
11. Singapore Changi Airport Enterprise Pte Ltd
12. SCAE Alterra Pte. Ltd.
13. Theta Enterprise Pte. Ltd.
14. Concessionaria Aeroporto Rio de Janeiro S.A.
15. Rio de Janeiro Aeroporto S.A
Present
1) Committee Member of CFO Committee, Institute of Singapore Chartered Accountant
2) Committee Member of Finance Committee, Institute of Engineers Singapore
(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
The director will attend training by way of attendance at courses conducted by the Singapore Institute of Directors or Institute of Singapore Chartered Accountants

Attachments

MMH-Appointment of ID-Chua Siew Hwi-final.pdf
Total size =158K