| Date of Appointment * | 01/09/2011 |
| Name * | Peng, Yen-Tang |
| Age * | 31 |
| Country of principal residence * | China |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | The Nominating Committee ("NC") has reviewed and recommended the appointment of Mr Peng, Yen-Tang, taking into consideration the background and experience of Mr Peng. The Board having considered the NC's recommendation and suitability of Mr Peng has accepted and approved the appointment of Mr Peng as an Executive Director of Action Asia (Shenzhen) Co., Ltd and as an Executive Director of Action Industries (M) Sdn. Bhd. |
| Whether appointment is executive, and if so, area of responsibility * | Executive - Mr Peng is currently Vice President of Action Asia (Shenzhen) Co., Ltd.
Area of responsibility - Primarily responsible for the management of information system, daily operations of human resource function and general administration of Action Asia (Shenzhen) Co., Ltd., a principal subsidiary of Action Asia Limited. |
| Job Title * | Executive Director in Action Asia (Shenzhen) Co., Ltd and Action Industries (M) Sdn. Bhd., subsidiaries of Action Asia Limited. |
| Working experience and occupation(s) during the past 10 years * | Assistant to Chairman, Action Asia (Shenzhen) Co., Ltd (Aug 2007 - Dec 2008)
Vice President, Action Asia (Shenzhen) Co., Ltd (Dec 2008 - To-date) |
| Shareholding in the listed issuer and its subsidiaries * | 0 |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | Son of Peng, Wen-Chih
Nephew of Dato' Peng, Chiun-Ping |
| Conflict of interest * | No |
| >> 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
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| (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
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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
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