Change - Announcement of Appointment::ANNOUNCEMENT OF APPOINTMENT OF LEAD INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
LIBRA GROUP LIMITED
Securities
LIBRA GROUP LIMITED - SG2D82975475 - 5TR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
02-May-2017 18:27:25
Status
New
Announcement Sub Title
ANNOUNCEMENT OF APPOINTMENT OF LEAD INDEPENDENT DIRECTOR
Announcement Reference
SG170502OTHRV7V7
Submitted By (Co./ Ind. Name)
Chu Sau Ben
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Keng Yeng Pheng, Associate Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income At Raffles, Singapore 049318, telephone (65) 6229-8088.

Additional Details

Date Of Appointment
02/05/2017
Name Of Person
WONG QUEE QUEE, JEFFREY
Age
42
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, having considered the recommendation of the Nominating Committee and having reviewed and considered the qualifications, work experience and suitability of Wong Quee Quee, Jeffrey, is of the view that Wong Quee Quee, Jeffrey possesses the requisite experience and capabilities to assume the responsibilities as the Lead Independent Director of the Company.

Accordingly, the Board of Directors approved the appointment of Wong Quee Quee, Jeffrey as the Lead 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.)
Lead Independent Director and the Chairman of the Audit Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
November 2014 - Present:
Head of Investment Banking, Religare Capital Markets Corporate Finance Pte. Limited
Responsible for the Investment Banking Business of the Religare Capital Markets Group outside India.

November 2012 - November 2014:
Managing Director, Investment Banking, Religare Capital Markets Corporate Finance Pte. Limited
Origination and execution of Investment Banking Transactions in South-East Asia.

December 2011 - November 2012:
Chief Operating Officer, Religare Capital Markets Corporate Finance Pte. Limited
Responsible for all support functions of both the Investment Banking and Equity Businesses of the Religare Capital Markets Group globally.

June 2010 - December 2011:
Chief Operating Officer, Investment Banking, Religare Capital Markets Corporate Finance Pte. Limited
Responsible for: (i) all support functions of the Investment Banking Business of the Religare Capital Markets Group globally; (ii) supporting the Executive Committee in Strategy and Execution, whilst retaining an active role in Investment Banking Business and Risk Committees; and (iii) origination and execution of select Investment Banking Transactions.

2009 - 2010:
Executive Director, Equity Capital Markets, UBS AG
Working on Equity Capital Markets Transactions in South-East Asia.

November 2004 - 2009:
Transactions Legal, UBS AG
Advising on Mergers & Acquisitions, Equity Capital Markets and Debt Capital Markets Transactions, principally in South-East Asia and India.
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)
HH1803.com Limited (Struck Off)
Hichens Harrison (Middle East) Limited (Struck Off)
Hichens, Harrison (Ventures) Limited (Struck Off)
Kyte Management Limited
London Wall Nominees Limited
Noah Capital Markets (EMEA) Limited
Religare Capital Markets (Europe) Limited
Religare Capital Markets (Hong Kong) Limited
Religare Capital Markets (Pty) Limited
Religare Capital Markets (UK) Limited
Religare Bartleet Capital Markets (Private) Limited
Present
Honestbee Pte. Ltd. (formerly known as LifeOpp Pte. Ltd.)
Religare Capital Markets Corporate Finance Pte. Limited
Solum Capital Limited
The Cub SG Pte. Ltd.
Procurri Corporation 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 a listed company?
Yes
If Yes, Please provide details of prior experience
Procurri Corporation Limited
Independent Director, the Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee.