| Announce of Appointment of Independent Director, Chairman of Audit Committee, Member of Nominating Committee and Remuneration Committee | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | RENEWABLE ENERGY ASIA GRP LTD |
| Company Registration No. | 33437 |
| Announcement submitted on behalf of | RENEWABLE ENERGY ASIA GRP LTD |
| Announcement is submitted with respect to * | RENEWABLE ENERGY ASIA GRP LTD |
| Announcement is submitted by * | Woo Peng Kong |
| Designation * | Chief Executive Officer |
| Date & Time of Broacast | 05-Oct-2011 18:02:28 |
| Announcement No. | 00124 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Date of Appointment * | 04/10/2011 |
| Name * | Lien Kait Long |
| Age * | 63 |
| Country of principal residence * | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | The Nominating Committee ("NC") had reviewed the qualification and experience of Mr Lien Kait Long ("Mr Lien") and recommended his appointment. The Board of Directors, having considered the NC's recommendation, has approved the appointment of Mr Lien as an Independent Director of the Company. |
| Whether appointment is executive, and if so, area of responsibility * | Independent and Non-Executive |
| Job Title * | Independent Director, Chairman of Audit Committee, Member of Nominating Committee and Remuneration Committee |
| Working experience and occupation(s) during the past 10 years * | March 2004 to March 2006 Deputy President of Shenzhen Flink Investment & Development Co., Ltd. April 2003 to June 2003 Financial Advisor of C&P Holdings Pte. Ltd. 2002 to 2003 Financial Director of PDC Corp. Ltd. 1998 to 2002 Executive Director of China Strategic Holdings Limited |
| Shareholding 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 # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) | Memstar Technology Limited Kian Ho Bearings Ltd Delong Holdings Limited MRI Holdings Limited (In members voluntary liquidation) MRI Infrastructure Holdings Limited (In members voluntary liquidation) Ocean International Holdings Limited |
| Present | 8Telecom International Holdings Co., Ltd. China Jishan Holdings Limited PSC Corporation Ltd. Falcon Energy Group Limited Tat Seng Packaging Group Ltd Youcan Foods International Limited CMZ Holdings Ltd Viking Offshore and Marine Ltd China Enterprises Limited |
| >> 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? | Yes Please refer to Appendix 1 Note 1. |
| (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 | Please refer to Appendix 1 Note 2. |
| Footnotes | This announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is:- Name: Mr Lau Yan Wai, Registered Professional, RHT Capital Pte. Ltd. Address: Six Battery Road #10-01, Singapore 049909 Tel: 6381 6757 |
| Attachment(s) | 20111005_180228_5DW_7724F0F48DFD9BAC4825791E0028FE9D.1.pdf |