| Announce of Appointment of Member of AC, NC and RC | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | KINERGY LTD. |
| Company Registration No. | 198800021D |
| Announcement submitted on behalf of | KINERGY LTD. |
| Announcement is submitted with respect to * | KINERGY LTD. |
| Announcement is submitted by * | David Loh |
| Designation * | CFO/Company Secretary |
| Date & Time of Broacast | 12-Mar-2012 17:41:56 |
| Announcement No. | 00060 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Date of Appointment * | 12/03/2012 |
| Name * | Toh Hock Ghim |
| Age * | 70 |
| 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") has recommended Ambassador Toh Hock Ghim's appointment as an Independent Director. The Board has considered the NC's recommendation and having reviewed Ambassador Toh's qualifications and expertise, is of the view that his experience and expertise will contribute positively to the Group. |
| Whether appointment is executive, and if so, area of responsibility * | Non-executive |
| Job Title * | Member of AC, NC and RC |
| Working experience and occupation(s) during the past 10 years * | Ambassador Toh joined the Ministry of Foreign Affairs of Singapore (the "MFA") in 1966 with diplomatic postings to Malaysia, Philippines, Thailand, Vietnam, Hongkong SAR and Macau SAR. He retired in 2007 and is now a Senior Advisor to the MFA. He currently sits on the board of several private and listed companies. |
| Shareholding in the listed issuer and its subsidiaries * | None |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | None |
| Conflict of interest * | N.A. |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) | Refer to attachment |
| Present | Refer to attachment |
| >> 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 | 1. Equation Corp Ltd; 2. WE Holdings Ltd; 3. Sun East Group Limited. |
| Footnotes | This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The sponsor has not independently verified the contents of the 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 statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street, #21-02 Equity Plaza, Singapore 049705, telephone (65) 6229 8088 (65) 6229 8088. |
| Attachment(s) | 20120312_174156_5JT_89FC16ECC4BE06D6482579B500254E18.1.pdf |
© 2012 SGX News
