Investor Relations - News
Change - Announcement Of Appointment Of Independent Director
BackOct 28, 2016
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Appointment of Independent Director |
| Securities | MTQ CORPORATION LIMITED (MTQ) |
| Date & Time of Broadcast | Oct 28, 2016 17:25 |
| Submitted By | Dominic Siu Man Kit Company Secretary |
| Description | Appointment of Independent Director |
| Appointment Details | |
| Date of appointment | Oct 28, 2016 |
| Name of person | Ong Eng Yaw |
| Age | 44 |
| Country of principal residence | Singapore |
| The Board's comments on this appointment | The Board has considered Mr Ong Eng Yaw's credentials and is of the view that his expertise and experience will contribute positively to and supplement the existing expertise and experience of the Board members. |
| Whether appointment is executive, and if so, the area of responsibility | Non-executive |
| Job title | Independent Director and Member of the Remuneration Committee |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Mr Ong Eng Yaw is the son of Mr Ong Choo Eng who has resigned as a Director of the Company on 28 October 2016. |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | Mr Ong Eng Yaw graduated with a Bachelor of Law (Second Class Upper Division) from University College London and holds a Master of Science (Investment Management) from Cass Business School and a Master of Business Administration from INSEAD. Mr Ong joined Hwa Hong Corporation Limited ("Hwa Hong" or "Hwa Hong Group") as Manager for Investments on 1 August 2008. He is responsible for the Hwa Hong Group s business development and investment activities. Prior to joining Hwa Hong, Mr Ong has worked in OCBC Bank, Vickers Ballas, DBS Bank, CIMB Group and Parkway Life Real Estate Investment Trust. Mr Ong's career has been in corporate finance and in real estate investment and management in Singapore and the United Kingdom. He is also an independent director of Singapore Reinsurance Corporation Limited. |
| 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) | 1) Aspen Crest Asia Opportunity Fund |
| Present | 1) Ely Investments (Pte) Ltd 2) Cai Sheng Investments Limited 3) Global Trade Investment Management Pte Ltd 4) Singapore Warehouse Company (Private) Ltd 5) Scotts Spazio Pte Ltd 6) Singapore Reinsurance Corporation Limited 7) Clan Kilmur (Jersey) Limited 8) Langland Developments (Fitzalan) Ltd |
| 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 | Non-executive Director of Singapore Reinsurance Corporation Limited |
Attachments
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