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

Issuer & Securities

Issuer/ Manager
SAMURAI 2K AEROSOL LIMITED
Securities
SAMURAI 2K AEROSOL LIMITED - SG1DE0000002 - 1C3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
21-May-2019 22:29:27
Status
New
Announcement Sub Title
Appointment of Independent Non-Executive Director
Announcement Reference
SG190521OTHROX3S
Submitted By (Co./ Ind. Name)
Ong Yoke En
Designation
Executive Director & Chief Executive Officer
Effective Date and Time of the event
21/05/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Non-Executive Director

This announcement has been prepared by Samurai 2K Aerosol Limited (the "Company") and its contents have been reviewed by the Company s sponsor, UOB Kay Hian Private Limited (the "Sponsor" ) for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Gregory Wee Toon Lee, Assistant Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Date Of Appointment
21/05/2019
Name Of Person
Lim Chong Huat
Age
49
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Based on the recommendation of the Nominating Committee of the Company, the Board of Directors ("Board") is satisfied that Mr Lim Chong Huat possesses the requisite qualifications and knowledge to assume the responsibilities as the Independent Non-Executive Director of the Company.
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 Non-Executive Director, Chairman of Nominating Committee, member of Audit Committee & Remuneration Committee
Professional qualifications
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 of any of its principal subsidiaries
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
05/1997-Present - Sole Proprietor, Everich Management Services
06/2002-Present - Sole Proprietor, Lim CH & Associates
08/2008-Present - Partner, Milant & Associates LLP
06/2016-Present - Director, CoSeclinic Services Pte Ltd
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
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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)
Bizwiz Advisors Pte Ltd
H2 & ML Jason Pte Ltd
Capital Training Pte Ltd
Powercap Limited
Aagol (Singapore) Pte Ltd
Master of Capital (S) Pte Ltd
Immanual Group Pte Ltd
Bon Global Networks (Singapore) Pte Ltd
CoSeclinic Wealth Creations Pte Ltd
Present
CoSeclinic Services Pte Ltd
De Northstar Pte Ltd
Wealthy Eight Pte Ltd
Origin Mart Pte Ltd
G&H Online Pte Ltd
Kouso Bio Trading Pte Ltd
CoSeclinic Ebiz Pte Ltd
Ijim Bruxism Care Pte Ltd
Semra (SEA) Pte Ltd
Everich Management Services
One-Stop Business Centre Group
Vegetarian Delivery
D'llesell
Milant & Associates LLP
Lim CH & Associates
(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 Company will arrange for Mr Lim Chong Huat to attend the relevant modules under the Listed Entity Directors Programme organised by the Singapore Institute of Directors to meet the Mandatory Training requirements under the Rule 406(3)(a) of the SGX-ST Listing Manual Section B: Rules of Catalist.