Change - Announcement of Appointment::APPOINTMENT OF DIRECTOR

Issuer & Securities

Issuer/ Manager
AEM HOLDINGS LTD.
Securities
AEM HOLDINGS LTD - SG1BA1000003 - AWX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
05-Apr-2018 12:05:00
Status
New
Announcement Sub Title
APPOINTMENT OF DIRECTOR
Announcement Reference
SG180405OTHRUONH
Submitted By (Co./ Ind. Name)
Soh Wai Kong
Designation
Company Secretary
Effective Date and Time of the event
05/04/2018 00:00:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive Non-Independent Director

Additional Details

Date Of Appointment
05/04/2018
Name Of Person
James Toh Ban Leng
Age
52
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors of AEM Holdings Ltd, having reviewed and considered the extensive industry experience and knowledge that James has and his familiarity with the Company, strongly believe that he will be able to provide valuable insights and contribute effectively to AEM.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive, Non-Independent Director
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director, Audit and Risk Management Committee Member and Remuneration Committee Member
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
James Toh is a co-founder and anchor investor of the Novo Tellus PE Fund 1, which is focused on buyouts of small and mid-cap industrial companies.

James started his career at management consulting firm Booz Allen & Hamilton (1989-90) and subsequently at A.T. Kearney (1994-95), where he focused on strategic planning, and operational improvement.

Since 1996, James has also been Managing Director of family owned ACT Holdings Pte Ltd, which primarily invests in property, and property development in Singapore.

Education

James was educated at St Joseph s Institution in Singapore ('O' levels in 1981). He obtained his Bachelor of Science degree in physics with electrical engineering from M.I.T. (1986).

He holds an MBA from the Wharton School of the University of Pennsylvania (1993), as well as a Master's degree in Sustainable Building Design from the University of Nottingham, in conjunction with the BCA (2014).
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?
Yes
Shareholding Details
Direct interest - 3,451,655 shares
Deemed interest - 1,774,193 shares
# 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)
ACT Nobel Homes Pte. Ltd
Astrid Hill Residences Pte. Ltd
Chiselhurst Green Pte. Ltd
Cotswold Residences Pte. Ltd
Dunsfold Residences Pte. Ltd
Jacksonville Bridge Pte. Ltd
M.I.T. Enterprise Forum Singapore Limited
One Mount Rosie Pte. Ltd
Shelford Terraces Pte. Ltd
Simefiled Pte. Ltd
Wild Orange Asia Pte. Ltd
Present
ACT Holdings Pte Ltd
ACT Seaview Homes Pte Ltd
Aspen Development Pte Ltd
Aspen Management Pte Ltd
Brink Creative Company Pte Ltd
Charlton Residences Pte Ltd
Empire Lofts Pte Ltd
Greenview Residences Pte Ltd
Murray Prince Pte Ltd
Novo Tellus Capital Partners Pte Ltd
Surindipity Pte Ltd
Urban Lofts Pte Ltd
(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 a listed company?
Yes
If Yes, Please provide details of prior experience
Nobel Design Holdings Ltd, 1996 - 2000