Change - Announcement of Appointment::Appointment of Member of the Nominating Committee

Issuer & Securities

Issuer/ Manager
BOUSTEAD SINGAPORE LIMITED
Securities
BOUSTEAD SINGAPORE LIMITED - SG1X13940751 - F9D
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
26-Mar-2025 17:25:49
Status
New
Announcement Sub Title
Appointment of Member of the Nominating Committee
Announcement Reference
SG250326OTHROVIT
Submitted By (Co./ Ind. Name)
Alvin Kok
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Mak Lye Mun, Lead Independent Director, has been appointed as a member of the Nominating Committee.

Following this appointment, the composition of the Nominating Committee will be:-

Nominating Committee

1. Liak Teng Lit (Chairman)
2. Chong Lit Cheong
3. Professor Yong Kwet Yew
4. Mak Lye Mun
5. Wong Fong Fui

The composition of the Board of Directors and the remaining Board Committees remain unchanged as follows:-

Board of Directors

1. Wong Fong Fui - Chairman & Group Chief Executive Officer
2. Wong Yu Loon - Executive Director & Deputy Group Chief Executive Officer
3. Wong Yu Wei Executive Director & Group Chief Operating Officer
4. Mak Lye Mun - Lead Independent Director
5. Dr Tan Khee Giap - Independent Non-Executive Director
6. Liak Teng Lit - Independent Non-Executive Director
7. Chong Lit Cheong - Independent Non-Executive Director
8. Professor Yong Kwet Yew - Independent Non-Executive Director

Audit & Risk Committee

1. Dr Tan Khee Giap (Chairman)
2. Liak Teng Lit
3. Mak Lye Mun
4. Chong Lit Cheong
5. Professor Yong Kwet Yew

Remuneration Committee

1. Mak Lye Mun (Chairman)
2. Dr Tan Khee Giap
3. Chong Lit Cheong
4. Professor Yong Kwet Yew

Additional Details

Date Of Appointment
26/03/2025
Name Of Person
Mak Lye Mun
Age
67
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
26/07/2024
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The appointment is in accordance with Provision 4.2 of the Code of Corporate Governance (2018). The Board of Directors and the Nominating Committee are also of the view that Mr Mak Lye Mun's experience would enable him to provide valuable input as a member of the Nominating Committee.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Remuneration Committee and member of the Audit & Risk Committee and Nominating Committee
Professional qualifications
Bachelor of Civil Engineering (1st Class Hons), University of Malaya
MBA, University of Texas at Austin
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
Chief Executive Officer of CIMB Bank Singapore
Advisor to the Chief Executive Officer of CIMB Group Holdings Bhd
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)
Independent Non-Executive Chairman of
Hwa Hong Corporation Ltd
Present
Executive Chairman of Intraco Ltd
Independent Non-Executive Director of
SC Global Developments Pte Ltd
Independent Non-Executive Director of AVJennings Ltd
Independent Non-Executive Chairman of
Well Chip Group Berhad
(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
Executive Chairman of Intraco Ltd
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not applicable