| Appointment Details | ||
| Date of Appointment | 10/08/2010 | |
| Name | Ow Yew Heng | |
| Age | 30 | |
| Country of principal residence | Singapore | |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board of Directors approved Mr Ow Yew Heng's appointment as Executive Director, upon the recommendation of the Nominating Committee, and after having reviewed Mr Ow Yew Heng's qualifications and experience. | |
| Whether appointment is executive, and if so, area of responsibility | Yes. Concurrently the Assistant to Chief Operating Officer (ACOO) - see below. | |
| Job Title | Executive Director | |
| Working experience and occupation(s) during the past 10 years | Jan 2010 - Present Assistant to Chief Operating Officer (ACOO) for Singapore Shipping Corporation Limited and Stamford Land Corporation Ltd. Jan 2010-Jul 2010 : ACOO for Cougar Logistics Corporation Ltd. (note: relinquished appointment as ACOO/was appointed Non-Executive Director of Cougar Logistics Corporation Ltd. wef 29 Jul 2010) Oct 2008 - Dec 2009 Analyst, Private Wealth Management - Deutsche Bank AG, Singapore Dec 2001 - May 2002 Accounts Executive, DVG Whartons Advertising, Singapore As ACOO, Mr Ow Yew Heng assists the COO with overall management of the respective businesses, including the areas of strategy development, operations, marketing communications, finance and human resources. Mr Ow Yew Heng also assists the COO to evaluate new business opportunities, including feasibility studies on potential developments, investments and transactions. Prior to his role as ACOO, Mr Ow Yew Heng held the position of Analyst, Private Wealth management with Deutsche Bank AG, Singapore, where he was responsible for analyzing market trends for South Asia, research on multiple asset classes, and providing client investment and portfolio advisory services, Mr Ow Yew Heng holds a Bachelor of Business degree from the University of Technology, Sydney, where he majored in Accounting & Management. |
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| 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 | Mr Ow Yew Heng is:- i. the son of Mr Ow Chio Kiat, our Executive Chairman and substantial shareholder; and ii. the nephew of Mr Ow Cheo Guan, our Deputy Executive Chairman |
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| Conflict of interest | NIL | |
| Other Directorship | ||
| Past (for the last five years) | NIL | |
| Present | Cougar Logistics Corporation Ltd. C.K. Ow Holdings Pte Ltd Maritime Properties Pte Ltd SVC Pte Ltd Hai Sun Hup Group Pte Ltd Terra Vista Pte Ltd Sir Stamford Hotel (Australia) Pty Ltd Satu Kosong Pty Ltd |
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| Information required pursuant to Listing Rule 704(7)(h) | ||
| 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 |
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| (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 |
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| (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 |
| Information required pursuant to Listing Rule 704(7)(i) | ||
| Any prior experience as a director of a listed company? | Yes | |
| If yes, please provide details of prior experience. | Cougar Logistics Corporation Ltd. (wef Jul 2010). |
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| Other Notes | ||
| Footnotes | Mr Ow Yew Heng will be briefed on his role and obligations under the listing rules as well as the relevant Singapore laws and regulations as a Director of a public listed company in Singapore. Additional training will be arranged as and when necessary. | |