Change - Announcement of Appointment::Appointment of Mr Barry James Silver as key management of the Group

Issuer & Securities

Issuer/ Manager
MOOREAST HOLDINGS LTD.
Securities
MOOREAST HOLDINGS LTD. - SGXE69578966 - 1V3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
10-Feb-2023 17:49:50
Status
New
Announcement Sub Title
Appointment of Mr Barry James Silver as key management of the Group
Announcement Reference
SG230210OTHRO9TK
Submitted By (Co./ Ind. Name)
Sim Koon Lam
Designation
Executive Director, CEO and Deputy Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Barry James Silver (Managing Director of Mooreast UK Co Limited ("Mooreast UK"), a subsidiary of the Company), as key management of the Group.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, W Capital Markets Pte. Ltd. (the "Sponsor" ). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Sheila Ong, Registered Professional, W Capital Markets Pte. Ltd., at 65 Chulia Street, #43-01, OCBC Centre, Singapore 049513, telephone (65) 6513 3543.

Additional Details

Date Of Appointment
10/02/2023
Name Of Person
Barry James Silver
Age
44
Country Of Principal Residence
United Kingdom
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Barry James Silver ("Barry Silver") joined as Managing Director of Mooreast UK in August 2022 when Mooreast UK was incorporated in July 2022. The Nominating Committee has reviewed, assessed and concluded that Mr Barry Silver possesses the requisite qualifications and work experiences to undertake his role. On the recommendation of the Nominating Committee, the Board approved the appointment of Mr Barry Silver (Managing Director of Mooreast UK, a subsidiary of the Company), as a key management of the Group.
Whether appointment is executive, and if so, the area of responsibility
Executive.
Mr Barry Silver is responsible for establishing and managing Mooreast's facility in the UK to address the floating offshore wind and renewables market, as well as business development to support Mooreast's international growth.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Managing Director of Mooreast UK Co Limited
Professional qualifications
N/A
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
N/A
Conflict of interests (including any competing business)
N/A
Working experience and occupation(s) during the past 10 years
Access Hire Middle East LLC Business Development Director (2021 to 2022)
Intermoor Pty Ltd Managing Director Australia / Group Sales Director (2019 to 2021)
Vryhof Deep Sea Mooring Australia Pty Ltd Regional Managing Director APAC & Middle East (2014 to 2019)
Sparrows Offshore Services / Sparrows Global Resources Regional Manager APAC & Australia, Operations Director - Singapore (2012 to 2014)
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)
Deep Sea Mooring Singapore Pte Ltd
Country Dreams Pty Ltd
The Inner Ninja Foundation Ltd
Delmar Systems Australia Pty Ltd
MAC Offshore Services Pty Ltd
Present
Mooreast UK Co 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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Not applicable.