News
Change - Announcement Of Appointment Of Independent Non-Executive Director
BackOct 17, 2024
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Oct 17, 2024 18:27 |
| Status | New |
| Announcement Sub Title | Appointment of Independent Non-Executive Director |
| Announcement Reference | SG241017OTHRXI97 |
| 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 Tan Poh Chye Allan 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 announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg. |
| Additional Details | |
| Date Of Appointment | 17/10/2024 |
| Name Of Person | Tan Poh Chye Allan |
| Age | 59 |
| 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 Tan Poh Chye Allan, 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 Tan Poh Chye Allan 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 Remuneration Committee and Member of the Audit and Risk Committee and Nominating Committee. |
| Professional qualifications | 1. Bachelor of Laws (University of Buckingham) 2. Barrister-at-law (Gray's Inn) 3. Master's Degree (Comparative Business Law) (London Metropolitan University) 4. Member of Law Society of Singapore / Singapore Academy of Law 5. Executive Development (Sustainability Strategies and Green Economy Programme) (Singapore Management University) 6. Governance for a Sustainable Future (University of Cambridge - ongoing) |
| 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 | 1. 2013 to 2018 - Partner: Virtus Law (formal law alliance with Stephenson Harwood LLP) 2. 2019 to 2020 - Principal Lawyer: Allan Tan Law Practice 3. 2020 to present - Director: Altum Law Corporation 4. 2020 to present - Principal / Sole Proprietor: Allan Tan Corporate Services |
| 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) | 1. Affinity Energy and Health Limited (listed on ASX) - Independent Director 2. Nico Steel Holdings Limited - Lead Independent Director 3. CNMC Goldmine Holdings Limited - Independent Director 4. Prima Ops Pte. Ltd. - Director |
| Present | 1. VibroPower Corporation Limited - Independent Director 2. EcoWise Holdings Limited - Lead Independent Director 3. Wealthy Genius Private Limited - Director 4. Resort Marketing Corp Pte. Ltd. - Director 5. Altum Law Corporation - Director 6. Allan Tan Corporate Services - Principal / Sole Proprietor |
| (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 | I was appointed as the nominee director of Prima Ops Pte. Ltd. ("Prima"), a private company in Singapore, in March 2018 when it was first incorporated. Prima was a start-up company whose business was in the teaching of the English and Chinese languages via an app on mobile and hand-held devices (the "business"). I was appointed as the nominee director of Prima as part of the legal services I provided to the controlling shareholder of Prima when said controlling shareholder acquired the business from the previous owner in order to satisfy the resident director requirement under Companies Act of Singapore. I was not involved in the management of the business. I resigned in February of 2019 after Prima reconstituted its board. Prima was put into liquidation by its directors in February 2020 on grounds of inability to carry on business due to insolvency. |
| (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 | Present Directorships 1. VibroPower Corporation Limited - Independent Director 2. EcoWise Holdings Limited - Lead Independent Director Past Directorships 1. Novita Healthcare Limited (listed on ASX) - Independent Director 2. Affinity Energy and Health Limited (listed on ASX) - Independent Director 3. Nico Steel Holdings Limited (listed on SGX-ST) - Lead Independent Director 4. CNMC Goldmine Holdings Limited (listed on SGX-ST) - Independent Director 5. Adventus Holdings Limited (listed on SGX-ST) - Independent Director |
