| Announce of Appointment of Non-Executive Director | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | WILMAR INTERNATIONAL LIMITED |
| Company Registration No. | 199904785Z |
| Announcement submitted on behalf of | WILMAR INTERNATIONAL LIMITED |
| Announcement is submitted with respect to * | WILMAR INTERNATIONAL LIMITED |
| Announcement is submitted by * | TEO LA-MEI |
| Designation * | COMPANY SECRETARY |
| Date & Time of Broacast | 08-Feb-2010 12:37:48 |
| Announcement No. | 00022 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Date of Appointment * | 08/02/2010 |
| Name * | KUOK KHOON CHEN |
| Age * | 55 |
| Country of principal residence * | Hong Kong |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | The Board of Wilmar International Limited (the "Company "or "Wilmar") has accepted the recommendation of the Nominating Committee to appoint Mr Kuok Khoon Chen (a nominee of PPB Group Berhad, which is a substantial shareholder of Wilmar) as a Non-Executive and Non-Independent Director of the Company in place of Mr Kuok Khoon Ho. The Board is pleased to welcome Mr Kuok Khoon Chen, who, with his extensive corporate management experience, will bring invaluable insights to the strategic interest of the Wilmar Group. |
| Whether appointment is executive, and if so, area of responsibility * | non-executive |
| Job Title * | Non-Executive Director |
| Working experience and occupation(s) during the past 10 years * | Mr Kuok has been a senior executive of the Kuok Group since 1978. He is currently the Deputy Chairman and Managing Director of Kerry Group Limited, the Chairman and Managing Director of Kerry Holdings Limited and a director of a number of Kuok Group companies. He is an Executive Director and the Chairman of Kerry Properties Limited which is listed on the Hong Kong Stock Exchange, and an Executive Director of China World Trade Center Co., Ltd. which is listed on the Shanghai Stock Exchange. |
| Interest in the listed issuer and its subsidiaries * | Mr Kuok Khoon Chen is deemed interested in 11,693,156 Wilmar shares held by the following companies, namely: Portu Investments Pte Ltd (50,000), Righttide Sdn Bhd (487,600), Rightune Limited (100,000), Rubi Limited (100,000), Always Best International Limited (10,915,556) and Lochtenny Investments Limited (40,000) |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | Cousin of Mr Kuok Khoon Hong, Chairman and CEO of Wilmar Brother of Mr Kuok Khoon Ean, Non-Executive Director of Wilmar |
| Conflict of interest * | Nominee of PPB Group Berhad |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) | Please refer to Appendix 1 attached |
| Present | Please refer to Appendix 2 attached |
| >> Information required under Rule 704(7)(h) | |
| Disclose the following matters concerning a director, chief executive officer, general manager or other executive officer of equivalent rank. If the answer to any questions is "yes", full details must be given. | |
| (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 |
| (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, | No |
| 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 under Rule 704(7)(i) | |
| Disclosure applicable to the appointment of Director only. | |
| Any prior experience as a director of a listed company? | Yes |
| If yes, please provide details of prior experience | Mr Kuok Khoon Chen is an Executive Director and the Chairman of Kerry Properties Limited which is listed on the Hong Kong Stock Exchange, and an Executive Director of China World Trade Center Co., Ltd. which is listed on the Shanghai Stock Exchange. |
| Attachment(s) | 20100208_123748_F34_43B5E6C7CEF1508B482576BF0033F5AE.1.pdf 20100208_123748_F34_43B5E6C7CEF1508B482576BF0033F5AE.2.pdf |
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