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Announcement Of Appointment Of Independent Director
Announcement Of Appointment Of Independent Director
| Appointment Details | ||
| Date of Appointment | 14/11/2008 | |
| Name | Ang Swee Tian | |
| Age | 60 | |
| 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 China Aviation Oil (Singapore) Corporation Ltd ("CAO") has accepted the recommendation of the Nominating Committee to appoint Mr. Ang Swee Tian as a non-executive, independent director of CAO. | |
| Whether appointment is executive, and if so, area of responsibility | Non-Executive Director | |
| Job Title | Independent director | |
| Working experience and occupation(s) during the past 10 years | From 1997 to 1998 - President of SIMEX From 1999 to 2005 - President of Singapore Exchange Limited From 2006 to 2007 - Senior Advisor of Singapore Exchange Ltd From 2008 to present - Retired |
|
| Interest in the listed issuer and its subsidiaries | None | |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None | |
| Conflict of interest | None | |
| Other Directorship | ||
| Past (for the last five years) | 1. SGX America Ltd 2. Macronet Information Pte Ltd 3. Options Clearing Company (Pte) Limited 4. CDP Nominees Pte Ltd 5. CDP Nominees (II) Pte Ltd 6 Asiaclear Pte Ltd 7. Clobalclear Pte Ltd 8. Singapore Exchange Derivatives Clearing Limited 9. The Central Depository (Pte) Limited 10. SGXLink Pte Ltd 11. Singapore Exchange Securities Trading Limited 12. Securities Clearing and Computer Services (Pte) Limited 13. SEL Holdings Pte Ltd 14. Singapore Exchange IT Solutions Pte Ltd 15. Public Accountants Board 16. The Institute of Banking & Finance 17. Singapore Exchange Derivatives Trading Limited 18. Joint Asia Derivatives Pte Ltd |
|
| Present | 1. Galaxy Futures Broker Company Limited 2. COSCO Corporation (S) Ltd 3. Singapore Mercantile Exchange Pte Ltd |
|
| 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. | Mr. Ang is currently a Director of COSCO Corporation (S) Ltd, a public company listed on the mainboard of SGX-ST. | |