Change - Announcement of Appointment::Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
KS ENERGY LIMITED
Securities
KS ENERGY LIMITED - SG1G91873040 - 578

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Apr-2014 18:32:46
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG140430OTHR3R03
Submitted By (Co./ Ind. Name)
Busarakham Kohsikaporn
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Director

Additional Details

Date Of Appointment
01/05/2014
Name Of Person
Richard James Wiluan
Age
35
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, having considered the recommendation of the Nominating Committee and assessed Mr Wiluan's qualifications and experience, is of the view that he has the requisite experience and capability to assume the responsibility of an Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Son of Kris Taenar Wiluan, Executive Chairman and Chief Executive Officer and substantial shareholder of the Company
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
KS Energy Limited
July 2012 - Present: Director, Corporate Development

KS Distribution Pte. Ltd.
August 2011 - Present: Executive Director
May 2010 - July 2011: Director, Corporate Development/Strategic Planning

SSH Corporation Ltd.
March 2011 - Present: Managing Director
November 2009 - February 2011: Deputy Managing Director
July 2008 - November 2009: Group General Manager
June 2007 - July 2008: Senior Manager, Business Development

Droege and Comp. Singapore Pte Ltd
August 2006 - July 2007: Management Consultant

AON Limited, London (UK)
January 2004 - October 2005: Broker and Account Manager
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Wiluan is deemed to be interested in 298,578,862 shares of the Company, held by Pacific One Energy Limited, a substantial shareholder of the Company.
Other Directorships
# 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)
Nil
Present
Please see Appendix A
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
Yes
If Yes, Please provide full details
Mr Wiluan was an Executive Director of SSH Corporation Ltd. which was delisted from the Official List of the SGX-ST with effect from 14 May 2010.

Attachments

Appendix A.pdf
Total size =11K