News
Change - Announcement Of Appointment Of Independent Non-Executive Director
BackAug 15, 2023
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Aug 15, 2023 19:22 |
| Status | New |
| Announcement Sub Title | Appointment of Independent Non-Executive Director |
| Announcement Reference | SG230815OTHRZ7V8 |
| Submitted By (Co./ Ind. Name) | Marat Devlet-Kildeyev |
| Designation | Chief Executive Officer and Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Mr Gavin Mark McIntyre as an Independent Non-Executive Director of Don Agro International Limited (the "Company"). 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 Mr Joseph Au, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg. |
| Additional Details | |
| Date Of Appointment | 16/08/2023 |
| Name Of Person | Gavin Mark McIntyre |
| Age | 58 |
| 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 Board having considered the Nominating Committee's recommendations, the qualifications and working experience of Mr Gavin Mark McIntyre ("Mr McIntyre"), is of the view that he has the requisite experience and capabilities as an Independent Non-Executive Director of the Company. Accordingly, the Board approved the appointment of Mr McIntyre as an Independent Non-Executive Director of the Company. |
| 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 Director, Chairman of the Audit and Risk Committee, Member of the Nominating Committee and the Remuneration Committee of the Company. |
| Professional qualifications | 1. Bachelor of Business (Curtin University of Technology, Australia) 2. Certified Practising Accountant (The Australian Society of Certificate Practising Accountants) |
| 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 | November 2021 - Present: Biolidics Limited - Director October 2020 - Present: Subsidiaries of XiHe Holdings Pte Ltd (in Liquidation) - Director May 2018 - Present: Aegis Interaktif Asia Pte. Ltd. - Director February 2017 - Present: VCPlus Limited (formerly known as Anchor Resources Limited) - Director August 2016 - Present: Nico Steel Holdings Limited- Director December 2015 - Present: Equitasasia Pte. Ltd. - Director and Consultant March 2013 - November 2015 Censere Singapore Pte. Ltd. - Director |
| 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 | Please refer to Annexure "A" attached. |
| (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? | Yes |
| If Yes, Please provide full details | Mr McIntyre was appointed a director in various XiHe Group subsidiaries by the judicial managers ("JMs"). XiHe Group is part of Hin Leong Group. Mr McIntyre's appointment in the XiHe Group subsidiaries by the JMs was specifically to facilitate the disposal of assets (ie ships) for eventual account to the creditors. Several of these XiHe Group subsidiaries are now being liquidated following the cessation of the JMs. Mr McIntyre was not a director, nor was he involved in any executive function of the XiHe Group subsidiaries prior to his appointment of the JMs in 2020. |
| (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 | 1. Nico Steels Holdings Limited (delisted on 7 August 2023) - Independent Director, Chairman of Audit Committee, Member of Nominating and Remuneration Committee. 2. VCPlus Limited (formerly known as Anchor Resources Limited) - Independent Director, Chairman of Audit Committee and Member of Nominating and Remuneration Committee 3. Biolidics Limited - Independent Director and Chairman, Chairman of Audit Committee, Member of Nominating and Remuneration Committee |
Attachments
- Annexure "A" (Size: 102,887 bytes)
