| Announce of Appointment of Independent Director, Member of Audit Committee | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | KEPPEL LAND LIMITED |
| Company Registration No. | 189000001G |
| Announcement submitted on behalf of | KEPPEL LAND LIMITED |
| Announcement is submitted with respect to * | KEPPEL LAND LIMITED |
| Announcement is submitted by * | CHOO CHIN TECK |
| Designation * | COMPANY SECRETARY |
| Date & Time of Broacast | 01-Dec-2013 00:16:05 |
| Announcement No. | 00003 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Date of Appointment * | 02/12/2013 |
| Name * | Yap Chee Meng |
| Age * | 58 |
| Country of principal residence * | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | After reviewing the Nominating Committee's recommendations and Mr Yap Chee Meng'S qualifications and experience (as set out below), the Board approved the appointment of Mr Yap Chee Meng as an Independent Director of Keppel Land Limited. |
| Whether appointment is executive, and if so, area of responsibility * | Non-Executive |
| Job Title * | Independent Director, Member of Audit Committee |
| Working experience and occupation(s) during the past 10 years * | 1 Oct 2013 - Independent Non-Executive Director of SATS Ltd; - Independent Non-Executive Director of SMRT Corporation Ltd; - Independent Non-Executive Director of AXA Insurance Singapore Pte Ltd; - Independent Non-Executive Director of The Esplanade Co Ltd. 1 Oct 2010 to 30 Sep 2013 - KPMG International's Chief Operating Officer for the Asia Pacific Region. 1 Jan 1992 to 30 Sep 2010 - KPMG Head of Financial Services in Asia Pacific / A senior partner in KPMG Singapore. |
| Interest in the listed issuer and its subsidiaries * | Direct interest of 95,360 shares in Keppel Corporation Limited; and Direct interest of 26,700 units in Keppel REIT. |
| 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) | Makaira Investments Pte Ltd Clover Sea Investments Limited KPMG Asia Pacific Limited PARK Indemnity Limited Other Appointments: Asia Pacific Chief Operating Officer for KPMG KPMG International Global Executive Team Member KPMG Asia Pacific Head of Financial Services / a Partner of KPMG Singapore |
| Present | Little Tunny Investments Limited SATS Ltd SMRT Corporation Ltd AXA Insurance Singapore Pte Ltd The Esplanade Co Ltd |
| >> 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. SATS Ltd; and 2. SMRT Corporation Ltd. |
| Footnotes | Mr Yap Chee Meng will be appointed as a member of the Audit Committee ("AC"). The Board of Directors considers Mr Yap Chee Meng to be independent for the purpose of Rule 704(8) of the Listing Manual of Singapore Exchange Securities Trading Limited. With Mr Yap Chee Meng's appointment, the AC shall comprise Tsui Kai Chong (Independent Director), Mrs Lee Ai Ming (Independent Director), Mr Heng Chiang Meng (Independent Director), Mrs Oon Kum Loon (Non-Independent Director), Mr Loh Chin Hua (Non-Independent Director) and Mr Yap Chee Meng (Independent Director), the majority of whom are independent. |
