ANNOUNCEMENTS
 
 
Oct 31, 2013

Announcement Of Appointment Of Independent Director Who Is An Audit Committee Member
 
Appointment Details
Date of Appointment 31/10/2013
Name Of Person Quah Ban Huat
Age 47
Country of principal residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) Appointment of Independent Director as part of the Board renewal process.
Whether appointment is executive, and if so, area of responsibility Non-Executive Independent
Job Title Non-Executive and Independent Director, Member of Audit and Nominating Committees and Chairman of Remuneration Committee
Working experience and occupation(s) during the past 10 years 2013 - Present 
Royal Chemie International Limited, Financial Advisor
KPMG Services Pte Ltd, Consultant

2012 - Present
Surgeons International Holdings Pte. Ltd, CEO

2006 - 2011
Rickmers Trust Management Pte Ltd, CFO

2005 - 2006
City Gas Pte Ltd, Financial Advisor / CFO

2002 - 2005
IMC Pan Asia Alliance Pte Ltd, Group Finance Director
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 NIL
Conflict of interest NIL
Other Directorship
Past (for the last five years) 2009 - 2013 
Ennea Resources Pte. Ltd., Singapore

2005 - 2011
Midsource Ltd, Marshall Island

2008 - 2010
Fab 5 Services Sdn Bhd, Malaysia
Sui Tai Navigation Limited, Marshall Island
Tanja Navigation Limited, Marshall Island
Schliemi Navigation Limited, Marshall Island
Edinburgh Navigation Limited, Marshall Island
Emden Navigation Limited, Marshall Island
Eindhoven Navigation Limited, Marshall Island
Essen Navigation Limited, Marshall Island
Olympia II Navigation Limited, Marshall Island
Sui An Navigation Limited, Marshall Island
Pingel Navigation Limited, Marshall Island
Ebba Navigation Limited, Marshall Island
Clan Navigation Limited, Marshall Island
India Navigation Limited, Marshall Island

2007 - 2010
Kaethe Navigation Limited, Marshall Island
Richard II Navigation Limited, Marshall Island
Henry II Navigation Limited, Marshall Island
Moni II Navigation Limited, Marshall Island
Vicki Rickmers Navigation Limited, Marshall Island
Maja Rickmers Navigation Limited, Marshall Island
Marte Rickmers Navigation Limited, Marshall Island
Laranna Rickmers Navigation Limited, Marshall Island
Sabine Rickmers Navigation Limited, Marshall Island
Erwin Rickmers Navigation Limited, Marshall Island

2007 - 2009
567 Investment Holdings Pte Ltd,. Singapore
Present 2012 - Present: Croesus Retail Asset Management Pte. Ltd., Singapore
2011 - Present: KPPCS Pte. Ltd., Singapore
2011 - Present: Primeur Cellars Pte. Ltd., Singapore
2011 - Present: Primeur Holdings Pte. Ltd., Singapore
2010 - Present: AP Oil International Ltd., Singapore
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
(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 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. AP Oil International Ltd., Singapore Croesus Retail Asset Management Pte. Ltd., Singapore