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

Issuer & Securities

Issuer/ Manager
NSL LTD.
Securities
NSL LTD. - SG1F87001375 - N02
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
05-Nov-2024 18:08:34
Status
New
Announcement Sub Title
Appointment of Non-Independent Executive Director
Announcement Reference
SG241105OTHREB8Y
Submitted By (Co./ Ind. Name)
Lim Su-Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Independent Executive Director

Additional Details

Date Of Appointment
05/11/2024
Name Of Person
Yeoh Pei Jen
Age
27
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board and Nominating Committee have assessed and considered Ms Yeoh Pei Jen's qualifications and experience and is satisfied that she will contribute relevant knowledge, skills and experience to the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Executive Director
Professional qualifications
London School of Economics and Political Science - Bachelor of Laws, Honours;
The University of Law, London Bloomsbury - Bar Professional Training Course with a Master of Laws in Bar Practice;
Georgetown University Law Center, Washington D.C. - Master of Laws in International Business and Economic Law;
Admitted to the Bar of England and Wales in November 2019;
Admitted to the Malaysian Bar in January 2021;
Admitted to the New York State Bar in May 2024.
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
Granddaughter of Puan Sri Datin Seri Tan Kai Yong @ Tan Kay Neong, a substantial shareholder of Yeoh Tiong Lay & Sons Trust Company Limited in its capacity as trustee which in turn holds 100% of Yeoh Tiong Lay & Sons Family Holdings Limited, which is interested in 100% of Yeoh Tiong Lay & Sons Holdings Sdn Bhd (which directly holds 49.94% of the shares in YTL Corporation Berhad). YTL Corporation Berhad has an effective equity interest of approximately 98.03% in YTL Cement Berhad, which in turn holds 100% of YTL Cement Singapore Pte Ltd, the substantial shareholder of NSL Ltd.

Daughter of Dato' Sri Yeoh Sock Siong, Managing Director of NSL Ltd and niece of Dato' Yeoh Soo Keng, a Non-Executive Director of NSL Ltd.
Conflict of interests (including any competing business)
Nil.
Working experience and occupation(s) during the past 10 years
Associate, Sullivan & Cromwell LLP (August 2023 - July 2024);
Visiting Lawyer, International Monetary Fund (January 2023 - May 2023);
Associate, Lim Chee Wee Partnership (November 2020 - June 2021);
Pupil, Skrine (January 2020 - October 2020)
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)
Associate, Sullivan & Cromwell LLP (August 2023 - July 2024);
Visiting Lawyer, International Monetary Fund (January 2023 - May 2023);
Associate, Lim Chee Wee Partnership (November 2020 - June 2021);
Pupil, Skrine (January 2020 - October 2020)
Present
Executive Vice-President, NSL 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 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
Ms Yeoh Pei Jen will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.