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

Issuer & Securities

Issuer/ Manager
KOON HOLDINGS LIMITED
Securities
KOON HOLDINGS LIMITED - SG1O23911876 - 5DL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
04-Jan-2016 17:43:38
Status
New
Announcement Sub Title
Appointment of a Non-Executive and Independent Director
Announcement Reference
SG160104OTHRBV74
Submitted By (Co./ Ind. Name)
Tan Swee Gek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Ms Heather Chong as a Non-Executive and Independent Director of the Company

Additional Details

Date Of Appointment
31/12/2015
Name Of Person
Heather Chong
Age
57
Country Of Principal Residence
Australia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
In view of the resignation of Mr Christopher Chong Meng Tak as an Independent Director of the Company effective 31 December 2015, the Board wishes to appoint a director with similar experience and credentials to guide the Group. The Nominating Committee has recommended the appointment of Ms Heather Chong as an Independent Director of the Company and the Board of Directors has approved her appointment based on her qualifications and working experience.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive Director
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Independent Director, Chairman of Audit Committee and a member of the Nominating Commitee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Ms Heather Chong is the spouse of Mr Christopher Chong Meng Tak, who was an Independent Director of the Company. Mr Christopher Chong Meng Tak however, has resigned as an Independent Director effective 31 December 2015.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Director of two ASX listed companies
Alderman, Clarence City Council
Director of private company in Australia
Fellow, Australian Institute of Company Directors
Member, Tasmanian Council for last 6 years
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
120,000 ordinary shares held in the joint names of Mr Christopher Chong Meng Tak and Ms Heather Chong
# 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)
GPS Alliance Holdings Ltd.
Acquaint Capital Holdings Ltd
Present
None
(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
GPS Alliance Holdings Ltd
Acquaint Capital Holdings Ltd

Attachments

Appendix_3X%20-%20HC.pdf
Total size =195K