| Appointment Details | ||
| Date of Appointment | 01/10/2013 | |
| Name | Lee Kuo Chuen | |
| Age | 51 | |
| Country of principal residence | Singapore | |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board had accepted the recommendation of the Nominating Committee who had reviewed Mr. Lee's qualifications and relevant experiences and approved his appointment as Independent Director of the Company. | |
| Whether appointment is executive, and if so, area of responsibility | Non-Executive | |
| Job Title | Independent Director | |
| Working experience and occupation(s) during the past 10 years | 1999-Present: Founder and Director, Ferrell Asset Management Pte Ltd 2006-2006: Group Managing Director, Auric Pacific Group Limited 2006-2007: Managing Director and Chief Executive Officer, Overseas Union Enterprise Limited 2012-2013: Visiting Professor of Quantitative Finance, Lee Kong Chian School of Business, Singapore Management University ("SMU") 2013-Present: Professor of Quantitative Finance (Practice), Lee Kong Chian School of Business, SMU; Academic Director of Global Master of Finance Dual Degree, Lee Kong Chian School of Business, SMU; Special Advisor to the Provost and Deputy President (Academic Affairs), SMU |
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| Interest in the listed issuer and its subsidiaries | 598,000 ordinary shares (Deemed interest) | |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None | |
| Conflict of interest | None | |
| Other Directorship | ||
| Past (for the last five years) | Ferrell International Property Management Limited Focus Universe Limited J&D (Singapore) Investment Pte Ltd Ferrell ARC Capital Limited Ferrell International Limited MAP Technology Holdings Limited ARC Racer Ltd Ferrell Capital Management Pte Ltd Marganit Holdings Limited Neptune Synergy Investment Limited Cepheus Investment Holdings Ltd Ferrell Investment Management Limited Stanton Investment Holdings Ltd Gatwick Investment Holdings Ltd Ferrell Asset Management (HK) Limited |
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| Present | HLH Group Limited Premium Land Pte Ltd Dlee Capital Management Pte Ltd Ferrell Asset Management Pte Ltd Floralcape International Limited FAM Capital Management Limited Prudential Development Ltd. Ferrell Asset Management Limited Ferrell Premier Funds Limited, PPC |
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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. | 2007-2010: Director, MAP Technology Holdings Limited
2006-2007: Director, Overseas Union Enterprise Ltd
2012-Present: Director, HLH Group Limited |
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