Change - Announcement of Appointment::Appointment of Non-Executive Director & Chairman

Issuer & Securities

Issuer/ Manager
JARDINE CYCLE & CARRIAGE LIMITED
Securities
JARDINE CYCLE & CARRIAGE LTD - SG1B51001017 - C07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
16-Jul-2024 17:18:50
Status
New
Announcement Sub Title
Appointment of Non-Executive Director & Chairman
Announcement Reference
SG240716OTHRE818
Submitted By (Co./ Ind. Name)
Jeffery Tan Eng Heong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive Director & Chairman

Additional Details

Date Of Appointment
02/08/2024
Name Of Person
John Raymond Witt
Age
61
Country Of Principal Residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Nominating Committee ("NC") has reviewed the background, qualifications and working experience of John Witt and recommended his appointment. The Board, having considered the NC's recommendation, has approved his appointment as a non-executive non-independent director and Chairman of the Board effective from 2nd August 2024.

The Board has also appointed John Witt as a member of the NC and the Remuneration Committee ("RC") effective from 2nd August 2024.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive non-independent director, Chairman of the Board, NC Member, RC Member
Professional qualifications
Chartered Professional Accountant, Ontario, Canada
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
John Witt was appointed Group Managing Director of Jardine Matheson Holdings Limited in 2020. He joined the Board of Jardine Matheson Holdings Limited in 2016 and was its Group Finance Director between 2016 and 2020.

He has been with the Jardine Matheson Group since 1993 and has held a number of senior positions, including chief financial officer of Hongkong Land from 2010 to 2016 and Mandarin Oriental Hotel Group from 2000 to 2010.
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)
- Director of IJ Investments (Hong Kong) Limited
- Director of Jardine Matheson (Malaysia) Sdn Bhd
- Director of Jardine Motors Group Holdings Limited
- Managing Director of Jardine Strategic Holdings Limited*
- Director of JM Corporate Services (Mauritius) Limited
- Director of JMH Company Limited
- Director of JSH (Mauritius) Limited
- Director of JSH Finance Limited
- Director of JSH Investments (China) Holdings Limited
- Director of JSH Investments (China) Limited
- Director of JSH Treasury Limited
- Director of JSH Virtual Ventures Holdings Limited
- Director of Lockhart Insurance Company Limited
- Director of Matheson & Co., International Limited
- Director of Matheson Investments Limited
- Director of Tedwhitten JV Co. Ltd

*public listed company
Present
- Director of Asian Cultural Council (HK) Foundation Limited
- Trustee of Asian Cultural Council Inc
- Director of CIL (Finance) Limited
- Director of Connaught Investors (BVI) Limited
- Director of Connaught Investors Limited
- Managing Director of DFI Retail Group Holdings Limited*
- Chairman of DFI Retail Group Management Services Limited
- Chairman of Hongkong Land China Holdings Limited
- Managing Director of Hongkong Land Holdings Limited*
- Chairman of Hongkong Land Limited
- Director of IJ Investments Limited
- Director of Jardine Asia Capital Limited
- Director of Jardine Matheson (China) Limited
- Group Managing Director of Jardine Matheson Holdings Limited*
- Chairman and Managing Director of Jardine Matheson Limited
- Director of Jardine Motors Group Limited
- Director of Jardine Pacific Limited
- Director of Jardine Securities (BVI) Limited
- Director of Jardine Securities Limited
- Director of Jardine Strategic Singapore Pte Ltd
- Director of Jardine, Matheson & Co., Limited
- Director of JMH Finance Holdings Limited
- Director of JMH Investments Limited
- Director of JMH Management Holdings Limited
- Director of JMH Treasury Limited
- Director of JSH Asian Holdings Limited
- Director of M plus Museum Limited
- Chairman of Mandarin Oriental Hotel Group International Limited
- Chairman of Mandarin Oriental Hotel Group Limited
- Managing Director of Mandarin Oriental International Limited*
- Commissioner of PT Astra International Tbk*
- Director of Sun Village Enterprises Limited
- Chairman of The Hongkong Land Co., Limited

*public listed company
(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
John Witt was a director of MCL Land Limited from 1st April 2010 to 31st March 2016. MCL Land Limited was a primary listing on the Exchange. It ceased to be a publicly quoted company on 14th February 2011.
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)
N.A.