Change - Announcement Of Appointment Of Independent Non-Executive Director
BackOct 24, 2016
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Appointment of Independent Non-executive Director |
| Securities | STARHILL GLOBAL REIT (STARHILL) |
| Date & Time of Broadcast | Oct 24, 2016 17:47 |
| Submitted By | Lam Chee Kin Joint Company Secretary |
| Description | Appointment of Independent Non-executive Director |
| Appointment Details | |
| Date of appointment | Nov 1, 2016 |
| Name of person | Ching Yew Chye |
| Age | 63 |
| Country of principal residence | Malaysia |
| The Board's comments on this appointment | The Board has approved Mr Ching's appointment as an Independent Non-executive Director based on an assessment of his qualification, experience and independence and is satisfied that Mr Ching will be able to contribute to the Company and Starhill Global REIT. |
| Whether appointment is executive, and if so, the area of responsibility | Independent Non-Executive Director |
| Job title | Independent Non-Executive Director Audit Committee Member |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Conflict of interests (including any competing business) | None |
| Working experience and occupation(s) during the past 10 years | Mr Ching is a seasoned management and information technology professional. In 1982, he joined Accenture PLC, a global management consulting, technology services and outsourcing company. From 1997 until his retirement in 2007, he assumed various regional senior management roles in Accenture, including Managing Partner of the Financial Services Industry Group-Asia, Geographic Council Chairman-Asia and Managing Partner for South Asia Region. He was a member of the Accenture Global Executive Committee from 2001 to 2004 and served on several committees/task forces to craft Accenture's global strategy. During his career with Accenture, he worked primarily with clients in the financial services industry in ASEAN. Major client assignments included strategic information planning, design and implementation of major information technology systems, bank reorganisation and operational integration arising from bank mergers. Mr Ching holds a Bachelor of Science (Honours) degree from the University of London, UK. |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| Other Directorships | |
| Note: These fields are not applicable for announcements of appointments pursuant to Listing Rule 704(9) or Catalist Rule 704(8) | |
| Past (for the last 5 years) | Avenue Invest Berhad (resigned 22 Nov 2012) HSBC Bank Malaysia Berhad (resigned 30 October 2015). Member of the Advisory Board of Yorkville Advisors (resigned 31 December 2011) |
| Present | Petronas Chemicals Group Berhad (Independent Non-executive Director, Chairman of Board Nomination & Remuneration Committee, member of Board Audit Committee) Genting Plantations Berhad (Independent Non-executive Director, member of Board Audit Committee) AIA Berhad (Independent Non-executive Director, member of Board Risk and Audit Committee) |
| Information Required Persuant To Listing Rule 704(7)(H) | |
| (a) Whether at any time during the past 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? | No |
| (b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at any time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency? | No |
| (c) Whether there is any unsatisfied judgment 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, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) 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 has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach? | No |
| (f) Whether at any time during the last 10 years, judgment 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, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation 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 entity or business trust? | No |
| (h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? | No |
| (i) Whether he has ever been the subject of any order, judgment 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, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | No |
| (k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued with 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 persuant to Listing Rule 704(7)(I) | |
| Note: Disclosure applicable to the appointment of Director only | |
| Any prior experience as a director of a listed company? | Yes |
| If yes, please provide full details | Mr Ching is currently appointed on the Boards of Petronas Chemicals Group Berhad and Genting Plantations Berhad which are listed on Bursa Malaysia, and the parent of AIA Berhad is listed in Hong Kong. He had previously served on the Boards of HSBC Bank Malaysia Berhad and Avenue Invest Berhad which are listed in Bursa Malaysia and China Yuchai International Limited, which is listed on the New York Stock Exchange. |
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