Announcement Of Appointment Of Independent Director
BackMar 10, 2010
| Appointment Details | ||
| Date of Appointment | 26/02/2010 | |
| Name | Eugene Paul Lai Chin Look | |
| Age | 46 | |
| Country of principal residence | Singapore | |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | After reviewing Mr Lai's qualifications and experience (as set out below), the Board approved the appointment of Mr Lai as an independent, non-executive Director. | |
| Whether appointment is executive, and if so, area of responsibility | Non-executive. | |
| Job Title | Independent, Non-Executive Director | |
| Working experience and occupation(s) during the past 10 years | March 2007 to Present: Partner, Southern Capital Group October 2004 to March 2007: Managing Director and Senior Country Officer of JP Morgan, Malaysia April 2003 to August 2004: Managing Director and Chief Executive Officer of The Ascott Group Limited March 2001 to March 2003: Partner, The Carlyle Group June 1997 to March 2001: Managing Director of Investment Banking, Citigroup Singapore |
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| Interest in the listed issuer and its subsidiaries | Nil. | |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil. | |
| Conflict of interest | Nil. | |
| Other Directorship | ||
| Past (for the last five years) | National Council Against Drug Abuse Singapore Anti Narcotics Association China Animal Breeding Stock Group Limited ("CABS") Incorporated in HK SouthChina Water Holdings Limited (Incorporated in HK) China Platinum Holdings Limited (Incorporated in Cayman Islands) JP Morgan, Malaysia |
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| Present | AIMS AMP Capital Industrial REIT Management Limited National Council Against Drug Abuse Singapore Anti Narcotics Association China Animal Breeding Stock Group Limited ("CABS") Incorporated in HK) SouthChina Water Holdings Limited (Incorporated in HK) China Platinum Holdings Limited (Incorporated in Cayman Islands) |
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| Information required pursuant to Listing Rule 704(7)(h) | ||
| a. | Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner? | No |
| b. | Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency? | No |
| c. | Whether there is any unsatisfied judgement 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 for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) 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 been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach? | No |
| f. | Whether at any time during the last 10 years, judgement 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, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation 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 corporation? | No |
| h. | Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation? | No |
| i. | Whether he has ever been the subject of any order, judgement 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 |
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| (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 |
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| (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 |
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| (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, | No |
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| in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | ||
| 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 |
| Information required pursuant to Listing Rule 704(7)(i) | ||
| Any prior experience as a director of a listed company? | Yes | |
| If yes, please provide details of prior experience. | The Ascott Group Limited
Raffles Holdings Limited |
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| Other Notes | ||
| Footnotes | This announcement supercedes the announcement 00033 made on 1 March 2010. The Manager wishes to clarify that Mr Eugene Lai served as Managing Director and Chief Executive Officer of The Ascott Group Limited from April 2003 to August 2004 and not April 2003 to August 2007 as detailed in Announcement 00033 on 1 March 2010. | |