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

Issuer & Securities

Issuer/ Manager
GRP LIMITED
Securities
GRP LTD - SG1CD2000004 - BLU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Aug-2024 07:43:49
Status
New
Announcement Sub Title
Appointment of Independent Non-Executive Director
Announcement Reference
SG240801OTHR2VFO
Submitted By (Co./ Ind. Name)
Teo Tong How
Designation
Independent Non-Executive Director and Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Non-Executive Director

Additional Details

Date Of Appointment
15/08/2024
Name Of Person
Law Ren Kai Kenneth
Age
41
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Upon the recommendation of the Nominating Committee, which had reviewed the qualification and experience of Mr Law Ren Kai Kenneth ("Mr Kenneth Law"), the Board of Directors approved his appointment as Independent Non-Executive Director of the Company, with effect from 15 August 2024 and Chairman of Audit Committee ("AC") and Risk Management and Environmental, Social and Governance Committee ("RMESGC"), member of Nominating Committee ("NC") and Remuneration Committee ("RC"), with effect from 24 October 2024.

The Board considers Mr Kenneth Law to be independent for the purpose of Rule 704(8) of the Listing Manual.
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, wef 15 August 2024
Chairman of AC and RMESGC, member of NC and RC, with effect from 24 October 2024
Professional qualifications
The Institute of Chartered Accountants in England and Wales (ICAEW) - Associate Chartered Accountant, Member

The Institute of Singapore Chartered Accountants - Associate Member
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)
No
Working experience and occupation(s) during the past 10 years
March 2017 to Present:
Tembusu Partners Pte. Ltd. - Chief Financial Officer

June 2022 to August 2022:
Viking Offshore and Marine Limited - Financial Advisor

April 2016 to May 2022:
Viking Offshore and Marine Limited - Chief Financial Officer

March 2015 to April 2016:
Viking Offshore and Marine Limited - Group Financial Controller

April 2014 to March 2015:
Reka Health Pte. Ltd. - Chief Financial Officer
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)
Diverse Supply Chain (SG) Pte. Ltd. (f.k.a. Viking Offshore Global Pte. Ltd.)
Marshal Systems Private Limited
Promoter Hydraulics Pte. Ltd.
Viking Facilities Management & Operations Pte. Ltd.
Viking Offshore Malaysia Sdn. Bhd.
PT Viking Offshore
Marshal Offshore & Marine Engineering Co., Ltd.
Present
Tembusu Growth Fund Hongkong Limited
Meta Health Limited
(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
Mr Kenneth Law has been an Independent Non-Executive Director of Meta Health Limited since 30 June 2022.
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.