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Change - Announcement Of Appointment Of Independent And Non-Executive Director

BackNov 12, 2021
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Nov 12, 2021 17:28
Status New
Announcement Sub Title APPOINTMENT OF INDEPENDENT AND NON-EXECUTIVE DIRECTOR
Announcement Reference SG211112OTHR9NKH
Submitted By (Co./ Ind. Name) Mr. Yet Kum Meng
Designation Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below) Appointment of Ms. Usha Ranee Chandradas as Independent and Non-Executive Director.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.
Additional Details
Date Of Appointment 15/11/2021
Name Of Person Usha Ranee Chandradas
Age 41
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) The Nominating and Remuneration Committee of the Company has reviewed the qualifications and experience of Ms. Chandradas and has recommended to the Board of Directors her appointment as the Independent and Non-Executive Director of the Company and a member of the Audit and Risk Committee.

The Board of Directors, having reviewed and considered Ms. Chandradas' qualifications and experience and all information available to-date, are of the view that she is suitable for the appointment as an Independent and Non-Executive Director of the Company and a member of the Audit and Risk Committee and has approved her appointment.
Whether appointment is executive, and if so, the area of responsibility Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Independent and Non-Executive Director and a member of the Audit and Risk Committee
Professional qualifications LLB (Hons), King's College University of London
Graduate Diploma in Singapore Law, National University of Singapore
Advocate & Solicitor, Supreme Court of Singapore
Master of Professional Accounting, Singapore Management University
Chartered Accountant of Singapore (Non-practicing), Institute of Singapore Chartered Accountants (ISCA)
Master of Arts, Asian Art Histories (awarded by LASALLE College of the Arts Singapore), Goldsmith's College University of London
Accredited Tax Specialist Income Tax, Singapore Chartered Tax Professionals
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 June 2017 - Present
Co-Founder and Partner, (Plu)ral Art LLP

May 2019 - Present
Member, Panel of Experts, Legal Department, International Monetary Fund

August 2019 - Present
Part-time Lecturer and Course Coordinator, Nanyang Technological University

August 2019 - December 2019
Adjunct Faculty, Singapore Management University

July 2013 - August 2016
Partner, Tax Practice Group, Financial Services Department, Allen & Gledhill LLP

November 2010 - August 2012
Senior Associate, Tax Practice Group, Financial Services Department, Allen & Gledhill LLP

January 2013 - May 2013
Director, Community Relations & Outreach, Law Society of Singapore, Pro Bono Services Office

August 2012 - October 2012
Volunteer, Bridges Across Borders Southeast Asia Clinical Legal Education
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) Nil
Present 1. OUE Hospitality Trust Management Pte. Ltd. (currently dormant)
2. OUE Commercial REIT Management Pte. Ltd. (as the manager of OUE Commercial Real Estate Investment Trust)
3. (Plu)ral Art LLP
4. NUR Investment and Trading Pte Ltd
(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 Independent Non-Executive Director and Member of Audit Committee of OUE Commercial REIT Management Pte. Ltd. (as the manager of OUE Commercial Real Estate Investment Trust)
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