Change - Announcement of Appointment::Re-designation of Dr John Chen Seow Phun (Dr John Chen) as Non-Executive and Independent Director

Issuer & Securities

Issuer/ Manager
TAT SENG PACKAGING GROUP LTD
Securities
TAT SENG PACKAGING GROUP LTD - SG1K31894969 - T12
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
27-Feb-2015 17:47:43
Status
New
Announcement Sub Title
Re-designation of Dr John Chen Seow Phun (Dr John Chen) as Non-Executive and Independent Director
Announcement Reference
SG150227OTHRABCO
Submitted By (Co./ Ind. Name)
Chew Kok Liang
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Re-designation of Dr John Chen as Non-Executive and Independent Director

Additional Details

Date Of Appointment
27/02/2015
Name Of Person
John Chen Seow Phun
Age
61
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board wishes to inform that Dr John Chen satisfies Guidelines 2.3 and 2.4 of the Code of Corporate Governance 2012 (Code 2012), including the following:-

(a) He is not a 10% shareholder of the Company and has not been for the past 3 financial years;
(b) He has no relationship with any 10% shareholder of the Company;
(c) He has not been employed and does not have an immediate family member who is employed by the Company or its subsidiaries in the past 3 financial years;
(d) He is not involved in the day-to-day operations of the Company or its subsidiaries;
(e) He has no interested person transaction with the Company and its subsidiaries;
(f) He has completed his personal declaration of independence; and
(g) The Nominating Committee (NC) acknowledged that he has consistently demonstrated good communication skills, possesses a wealth of experience, and has devoted sufficient time to the affairs of the Company. He also contributed extensively throughout his 9 years of services with the Company. The Board believes that Dr John Chen is able to exercise objective judgment on the Company's affairs independently.

The NC taking into consideration the factors above, has reviewed and is satisfied with the independence of Dr John Chen. Accordingly, the Board accepted the NC's recommendation for the re-designation of Dr John Chen from Deputy Chairman/Non-Executive Director to Deputy Chairman, Non-Executive and Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chairman, Non-Executive and Independent Director, Chairman of NC and a member of Audit and Remuneration Committees.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
1) 18 Sep 2002 to Present: Director of Hiap Seng Engineering Ltd
2) 24 Nov 2001 to Present: Director of JCL Business Development Pte Ltd
3) 13 Dec 2001 to Present: Director of Pavillon Holdings Ltd (f.k.a Thai Village Holdings Ltd)
4) 25 Jun 2002 to Present: Director of OKP Holdings Limited
5) 11 Jul 2003 to Present: Director of Matex International Limited
6) 9 Jun 2003 to Present: Director of Hanwell Holdings Limited
7) 12 Feb 2004 to Present: Director of SAC Capital Private Limited (f.k.a Sirius Asia Capital Pte Ltd)
8) 21 November 2005 to Present : Director of the Company
9) 11 Aug 2006 to Present: Director of HLH Group Limited
10) 27 Nov 2007 to Present: Director of Fu Yu Corporation Limited
11) 1 Apr 2011 to Present: Director of National University Health System Pte. Ltd.
12) 9 Jan 2014 to Present: Director of Pattern Discovery Technologies Pte. Ltd.
13) 9 Jan 2014 to Present: Director of DATAESP Private Ltd.
14) 17 Mar 2014 to Present: Director of SAC Asset Management Pte. Ltd.
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)
1) HLYNX Pte Ltd
2) Education Solutions International Pte. Ltd.
3) LMK Investment Pte. Ltd.
Present
1) Pavillon Holdings Ltd (f.k.a. Thai Village Holdings Ltd)
2) Matex International Limited
3) Fu Yu Corporation Limited
4) Hanwell Holdings Ltd
5) OKP Holdings Limited
6) Hiap Seng Engineering Ltd
7) HLH Group Limited
8) JCL Business Development Pte Ltd
9) Unigold Asia Limited
10) SAC Capital Private Limited (f.k.a Sirius Asia Capital Pte Ltd)
11) Riverstar Investments Limited
12) National University Health System Pte Ltd (NUHS)
13) DATAESP Private Ltd
14) Pattern Discovery Technologies Pte Ltd
15) SAC Asset Management 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
Appointed as the Deputy Chairman/Non-Executive Director of the Company
since 21 November 2005.

1) Pavillon Holdings Ltd (f.k.a Thai Village Holdings Ltd)
2) Matex International Limited
3) Fu Yu Corporation Limited
4) Hanwell Holdings Limited
5) OKP Holdings Limited
6) Hiap Seng Engineering Ltd
7) HLH Group Limited