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Change - Announcement Of Appointment Of Ong Su Kiat Melvyn As A Non-Executive Independent Director

BackApr 30, 2021
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Apr 30, 2021 18:04
Status New
Announcement Sub Title Appointment of Ong Su Kiat Melvyn as a Non-Executive Independent Director
Announcement Reference SG210430OTHR3CNN
Submitted By (Co./ Ind. Name) Karen Chan
Designation Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below) Appointment of LG Ong Su Kiat Melvyn as a Non-Executive Independent Director and a member of the Audit Committee.
Additional Details
Date Of Appointment 01/05/2021
Name Of Person Ong Su Kiat Melvyn
Age 46
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) The Board, having reviewed LG Ong Su Kiat Melvyn's qualifications and experience, is satisfied that LG Ong would be able to contribute to the Board's deliberations, given his background and experience in various areas including strategic management, industry and corporate governance.
Whether appointment is executive, and if so, the area of responsibility Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Non-Executive Independent Director and Member of the Audit Committee
Professional qualifications 1. Bachelor of Science in Economics, Second Class Honours (Upper)
2. Master of Science (Science)
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries Nil
Conflict of interests (including any competing business) Nil
Working experience and occupation(s) during the past 10 years 8 June 2018 to Present
Director, Singapore Technologies Engineering Ltd

14 May 2018 to Present
Director, Defence Science & Technology Agency

1 April 2018 to Present
Director, Jurong Town Corporation

1 October 2015 to 20 March 2018
Director, ST Engineering Land Systems Ltd

1 April 2014 to 31 March 2018
Member, Spring Singapore

1 May 2011 to 30 April 2014
Member, Temasek Polytechnic
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) Yes
Shareholding interest in the listed issuer and its subsidiaries? No
# 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) Please refer to the attached Appendix A
Present Please refer to the attached Appendix B
(a) Whether at any time during the last 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 the 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 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
Any prior experience as a director of an issuer listed on the Exchange? Yes
If Yes, Please provide details of prior experience 1. LG Ong is currently a director of Singapore Technologies Engineering Ltd and Defence Science & Technology Agency. He is also a Board member of Jurong Town Corporation.

2. LG Ong was a director of ST Engineering Land Systems Ltd and a member of Spring Singapore and Temasek Polytechnic.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable) NA

Attachments

  1. Appendix A & B (Size: 14,802 bytes)