Change - Announcement of Appointment::Appointment of Managing Director

Issuer & Securities

Issuer/ Manager
MOYA HOLDINGS ASIA LIMITED
Securities
MOYA HOLDINGS ASIA LIMITED - SG2F94994512 - 5WE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-Mar-2016 17:41:28
Status
New
Announcement Sub Title
Appointment of Managing Director
Announcement Reference
SG160329OTHR61G6
Submitted By (Co./ Ind. Name)
Simon A. Melhem
Designation
Executive Director
Effective Date and Time of the event
29/03/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Moya Holdings Asia Limited (the "Company") and its contents have been reviewed by the Company's sponsor, Canaccord Genuity Singapore Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms Leong Huey Miin, Director, Corporate Finance, Canaccord Genuity Singapore Pte. Ltd. at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854 6160.

Additional Details

Date Of Appointment
29/03/2016
Name Of Person
Irwan Atmadja Dinata
Age
49
Country Of Principal Residence
Indonesia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The nominating committee ("NC") has assessed the appointment of Mr. Irwan as managing director of the Company. During the nomination process, the NC has taken into account Mr. Irwan's qualifications and experience. The board of directors ("Board") of the Company, with the recommendation of the NC, is of the view that the re-designation of Mr. Irwan to managing director will be beneficial to the Board and to the Company.
Whether appointment is executive, and if so, the area of responsibility
Yes. Mr. Irwan will be responsible for overseeing the Company's day-to-day operations, including the execution of the Company's projects in Indonesia and Southeast Asia region.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Managing director
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
2015 - Present
President Director, PT Moya Indonesia

2015 - Present
President Commissioner, PT Magna Finance TBK

2014 - 2015
Director, Atrium Asia Capital Partners Pte Ltd

2014 - Present
President Director, PT GMT Kapital Asia

2013 - Present
President Director, PT Wahana Insan Sejahtera

2012 - Present
Commissioner, PT Tamaris Hidro

2012 - Present
Commissioner, PT Tamaris Prima Energi

2012-2013
Commissioner, PT GMT Aset Manajemen

2011 - 2012
Director, PT Tamaris Hidro

2011 - Present
Director, PT Tamaris Hijau Lestari

2010 - 2014
Director, PT GMT Kapital Asia

2008 - Present
President Director, PT Nura Kapital

2007 - 2012
President Commissioner, PT GMT Aset Manajemen

2007 - 2010
Commissioner, PT Verena Multi Finance Tbk

2004 - 2006
Director, PT GMT Aset Manajemen


Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr. Irwan has indirect interests of not more than 10% in PT Tamaris Hidro (the beneficial owner of all the issued shares in Tamaris Infastructure Pte Ltd). Tamaris Infrastructure Pte Ltd is a controlling shareholder of the Company.
# 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)
Atrium Asia Capital Partners Pte Ltd
PT Tamaris Hidro
PT GMT Kapital Asia
Present
PT GMT Kapital Asia
PT Nura Kapital
PT Tamaris Hijau Lestari
PT Moya Indonesia
PT Wahana Insan Sejahtera
(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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Attended a training conducted by Squire Patton Boggs Singapore LLP on a director's duties and continuing listing obligations on 23 March 2016.