| Announcement Title |
Change - Announcement of Appointment |
| Date & Time of Broadcast |
Jul 5, 2019 18:58 |
| Status |
New |
| Announcement Sub Title |
Appointment of Non-Executive Director |
| Announcement Reference |
SG190705OTHRAAT7 |
| Submitted By (Co./ Ind. Name) |
Ong Chin Sum |
| Designation |
Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) |
Announcement of Appointment of Non-Executive Director |
| Additional Details |
| Date Of Appointment |
05/07/2019 |
| Name Of Person |
Hiromasa Yamamoto |
| Age |
59 |
| Country Of Principal Residence |
Japan |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) |
The Nominating Committee and Board of Directors of the Company have reviewed and considered Mr. Yamamoto's qualifications and work experience and are of the opinion that he is suitable for the role of Non-Executive Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility |
No |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) |
Non-Executive Director
Nominating Committee Member
Remuneration Committee Member
|
| 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 |
Mr. Hiromasa Yamamoto is nominated for appointment as a Non-Executive Director of the Company by Hanwa Co., Ltd. pursuant to the terms of the Strategic Alliance Agreement dated 1 December 2014 entered into between Hanwa Co., Ltd. and the Company. |
| Conflict of interests (including any competing business) |
Nil |
| Working experience and occupation(s) during the past 10 years |
March 2005 - April 2010
General Manager of Machinery Department
Hanwa Co., Ltd.
March 2010 - April 2012
Corporate Officer
Machinery Department
Hanwa Co., Ltd.
April 2012 - April 2013
Corporate Officer
Machinery Department and Osaka HQ Steel Plates
Hanwa Co., Ltd.
April 2013 - April 2014
Executive Officer
Machinery Department, Osaka HQ Steel Plates and Chugoku Branch Office
Hanwa Co., Ltd.
April 2014 - July 2014
Executive Officer
Machinery Department, Osaka HQ Steel Plates, International Trade Department. 1 and Department 2, Trade Administration Department
Hanwa Co., Ltd.
July 2014 - April 2016
Director and Executive Officer
Hanwa Co., Ltd.
April 2016 - March 2019
Director and Managing Executive Officer
Hanwa Co., Ltd.
April 2019 - June 2019
Director and Senior Managing Executive Officer, General Representative for Asia (ASEAN, India, Middle East)
Hanwa Co., Ltd.
June 2019 - Current
Senior Managing Executive Officer, General Representative for Asia (ASEAN, India, Middle East)
Hanwa Co., Ltd.
|
| 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 |
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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) |
Hanwa Co., Ltd. |
| Present |
Hanwa Singapore Pte Ltd
Nippon EGalv Steel Sdn Bhd
Hanwa Steel Centre (M) Sdn Bhd
|
| (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 |
Mr. Yamamoto will be attending the relevant training with the Singapore Institute of Directors to familiarize himself with the roles and responsibilities of a director of a listed company. |
