21 Dec 2012
Announcement Of Appointment Of Managing Director And Chief Executive Officer
| Appointment Details | ||
| Date of Appointment | 01/01/2013 | |
| Name | Foo Der Rong | |
| Age | 60 | |
| Country of principal residence | Singapore | |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Based on the recommendation of Nominating Committee, the Board had reviewed the qualification and experience of Mr Foo Der Rong and approved his appointment as the Managing Director and Chief Executive Officer of the Company. | |
| Whether appointment is executive, and if so, area of responsibility | Executive | |
| Job Title | Managing Director and Chief Executive Officer | |
| Working experience and occupation(s) during the past 10 years | Hanwell Holdings Limited (f.k.a. PSC Corporation Ltd.) (1 August 1990 - 31 March 2012) Managing Director and Chief Executive Officer Intraco Limited (3 December 2003 - 31 March 2012) Executive Director Tat Seng Packaging Group Ltd (21 November 2005 - 31 March 2012) Executive Director Thai Village Holdings Ltd (1 May 2012 - Current) Independent Director |
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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) | Health Solutions Australia Pty Ltd Hanwell Holdings Limited (f.k.a. PSC Corporation Ltd.) Topseller Pte Ltd Tat Seng Packaging Group Ltd Intraco Technology Pte Ltd Econ minimart Services Pte Ltd Tipex Pte. Ltd. Tips Trading Pte. Ltd. Fortune Food Marketing Pte Ltd Fortune Food Manufacturing Pte Ltd Sino Techfibre Limited PSC Investment Pte Ltd PSC Resort Pte Ltd Topseller Development Pte Ltd PSC International Pte Ltd Health Solutions International Pte. Ltd. Innoform Media Pte Ltd Education Solutions International Pte. Ltd. I-Econ Management Services Pte. Ltd. PSC Supply Chain Management Pte. Ltd. (Struck off) I-Meat Pte. Ltd. (Struck off) China Farm Equipment Limited Health Solutions Holdings Pte. Ltd. D & P Lifestyle Pte. Ltd. I-View Media Pte. Ltd. (Struck off) Intraco Limited |
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| Present | Thai Village Holdings Ltd Southern Lion Sdn Bhd Sin Lian Holding Ltd (Will cease to be a director on 31 December 2012) |
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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. | Mr Foo Der Rong was a Director of the following public listed companies until 31 March 2012: Hanwell Holdings Limited (f.k.a. PSC Corporation Ltd.) Intraco Limited Tat Seng Packaging Group Ltd Currently, Mr Foo is an ID of Thai Village Holdings Ltd |
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