See Hup Seng
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Change - Announcement Of Appointment Of Non-Executive And Non-Independent Director
BackFeb 06, 2015
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Announcement Of Appointment Of Non-Executive and Non-Independent Director |
| Securities | SHS HOLDINGS LTD. (SHSHLDG) SHS HOLDINGS W191216 (SHSW19) |
| Date & Time of Broadcast | Feb 6, 2015 22:57 |
| Submitted By | Goh Koon Seng Executive Director |
| Description | Appointment Of Non-Executive and Non-Independent Director |
| Appointment Details | |
| Date of appointment | Feb 6, 2015 |
| Name of person | Chew Hoe Soon |
| Age | 51 |
| Country of principal residence | Singapore |
| The Board's comments on this appointment | The Board had accepted the recommendation of the Nominating Committee who had reviewed Mr Chew Hoe Soon's qualifications and relevant experiences and approved his appointment as Non-Executive and Non-Independent Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Executive |
| Job title | Non-Executive and Non-Independent Director |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Conflict of interests (including any competing business) | No |
| Working experience and occupation(s) during the past 10 years | Shareholder and Exective Director of various companies in Singapore engaged in the business of marine waste disposal specialists and operator of bunker services (please refer to the list of company directorships below). |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | 14,989,000 ordinary shares (direct interest), 19,380,000 ordinary shares (deemed interest), 7,494,500 warrants (direct interest), 9,690,000 warrants (deemed interest). |
| Other Directorships | |
| Note: 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) | UNITED CHARTERING PTE LTD LANKA DEVELOPMENT AND CONSULTATION PRIVATE LIMITED |
| Present | SCAT TECHNOLOGIES PTE LTD SINGAPORT CLEANSEAS PTE LTD PROSPERBIZ PETROLEUM (S) PTE LTD GOLDEN STAR MARINE PTE LTD SHIPMATE PTE LTD GSM MARITIME PTE LTD PRIME MARINE PTE LTD (In liquidation) GP1 PTE LTD IP 49 PTE LTD RGF INVESTMENT PTE LTD SINGAPORT ENVIRONMENTAL SERVICES PTE LTD SINGAPORT SHIPPING PTE LTD RGF INTERNATIONAL PTE LTD FOUR STARS CAPITAL INVESTMENT PTE LTD SWEE JOO PTE LTD |
| Information Required Persuant To Listing Rule 704(7)(H) | |
| (a) Whether at any time during the past 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 any 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? | Yes |
| If yes, please provide full details | Prime Marine Pte Ltd which Mr Chew is a shareholder and director was placed under liquidation following a dispute with a creditor over demurrage charges on a charter contract in China. |
| (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? | Yes |
| If yes, please provide full details | Mr Chew was an undischarged bankrupt from 1996 to May 2006, during which he was subject to restrictions under the Singapore Companies Act from being a director of corporation. |
| (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 with 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 persuant to Listing Rule 704(7)(I) | |
| Note: Disclosure applicable to the appointment of Director only | |
| Any prior experience as a director of a listed company? | No |
| If yes, please provide full details | Mr Chew has attended Module 1 "Understanding the regulatory environment in Singapore" course in October 2014 conducted by the Singapore Institute of Directors. Mr Chew will be briefed on his role and obligations as a director of a listed company under the listing rules as well as the relevant laws and regulations in Singapore by the Company. Where necessary, the Company will arrange for training for Mr Chew. |