News
Change - Announcement Of Appointment Of Chief Financial Officer And Company Secretary
BackApr 03, 2023
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Apr 3, 2023 17:48 |
| Status | New |
| Announcement Sub Title | Appointment of Chief Financial Officer and Company Secretary |
| Announcement Reference | SG230403OTHRB1AH |
| Submitted By (Co./ Ind. Name) | Mohamed Ismail s/o Abdul Gafoore |
| Designation | Executive Chairman and CEO |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Ms Lee Li Huang ("Ms Lee") as Chief Financial Officer and Company Secretary |
| Additional Details | |
| Date Of Appointment | 03/04/2023 |
| Name Of Person | Lee Li Huang |
| Age | 46 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | The Audit and Nominating Committees of the Company (the "Committees") have reviewed Ms Lee's qualification, working experience and credentials and are satisfied that Ms Lee possesses the requisite qualifications, competencies and work experience for the position as Chief Financial Officer of the Company. The Board accepted the Committees' recommendations and approved the appointment of Ms Lee as Chief Financial Officer of the Company. The Board has also approved the appointment of Ms Lee as Company Secretary. |
| Whether appointment is executive, and if so, the area of responsibility | Executive. As Chief Financial Officer, Ms Lee will report directly to Mr Ismail Gafoore, Executive Chairman and Chief Executive Officer of the Company, and will be responsible for the Group's financial, accounting and taxation matters including treasury, financial reporting, strategic planning, corporate regulatory compliance and risk management as well as corporate taxation. As Company Secretary, Ms Lee will be responsible for the corporate secretarial matters of the Group. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer and Company Secretary |
| Professional qualifications | Chartered Accountant, Institute of Singapore Chartered Accountants Bachelor of Accountancy, Nanyang Technological University, Singapore |
| 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 | No |
| Conflict of interests (including any competing business) | No |
| Working experience and occupation(s) during the past 10 years | May 2016 - February 2023 Chief Financial Officer and Company Secretary, Stamford Land Corporation Ltd Chief Financial Officer and Company Secretary, Singapore Shipping Corporation Limited November 2012 - April 2016 Chief Financial Officer, GDS Global Limited |
| 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) | Directorships HSH Contractors Pte Ltd Singapore Wallcoverings Centre (Private) Limited Sir Stamford Hotels & Resorts Pte Ltd Stamford Holdings (Australia) Pte. Ltd. Stamford Land (International) Pte Ltd Stamford Land Management Pte Ltd Stamford Properties (S) Pte. Ltd. Voyager Travel Pte Ltd Stamford Investments Pte. Ltd. Stamford Holdings (International) Pte. Ltd. Stamford Holdings (UK) Pte. Ltd. Stamford FC (60) Pte. Ltd. Stamford Land Development (Singapore) Pte. Ltd. Stamford Land Development 1 Pte. Ltd. Atrington Limited as Trustee for Atrington Trust Dickensian Holdings Ltd HSH (Australia) Limited as Trustee for HSH (Australia) Trust HSH Hotels (Australia) Ltd as Trustee for Stamford Melbourne (1994) Trust, Stamford Grand Adelaide (1994) Trust, Macquarie Park Village (2018) Trust, Stamford Cairns Trust, Stamford Brisbane (2000) Trust and Stamford Plaza Adelaide (1995) Trust Dynons Perth (2010) Ltd as Trustee for Dynons Perth (2010) Trust North Ryde Investments Limited Sir Stamford At Circular Quay (2000) Ltd as Trustee for Sir Stamford at Circular Quay Trust Stamford Auckland (1996) Limited Stamford Mayfair Limited Stamford Residences Sydney (2011) Ltd as Trustee for Stamford Residences Sydney (2011) Trust Stamford Sydney Airport (2000) Ltd as Trustee for Stamford Sydney Airport (2000) Trust Finsbury Circus (2019) Ltd. SLC Campsie Pty Ltd Stamford Brisbane Investments Pty Ltd Stamford Hotels and Resorts Pty Limited Stamford Hotels Pty Ltd Stamford Plaza Sydney Management Pty Limited Stamford Raffles Pty Ltd Stamford Circular Quay Investments Pty Ltd Stamford Hotel Management (NZ) Limited HSH Tanker Inc SSC (International) Pte. Ltd. Other Principal Commitments Nil |
| Present | Directorships Nil Other Principal Commitments Nil |
| (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? | No |
| If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange | Not applicable |
| 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) | Not applicable |