News
Change - Announcement Of Appointment Of Independent Non-Executive Director
Back12 Jan 2017
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Appointment of Independent Non-Executive Director |
| Securities | CAPITALAND LIMITED (CAPLAND) |
| Date & Time of Broadcast | Jan 12, 2017 17:29 |
| Submitted By | Michelle Koh Company Secretary |
| Description | Appointment of Independent Non-Executive Director |
| Appointment Details | |
| Date of appointment | Feb 1, 2017 |
| Name of person | Chaly Mah Chee Kheong |
| Age | 60 |
| Country of principal residence | Singapore |
| The Board's comments on this appointment | Based on Mr Mah's credentials and experience, and the recommendation of the Nominating Committee, the Board is satisfied that Mr Mah will bring invaluable insights to the Company and contribute to the Board's deliberations. His appointment is considered to be beneficial to the Board and the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Executive |
| Job title | Independent Non-Executive Director |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | From May 2006 to May 2016, Chief Executive Officer, Deloitte Southeast Asia. From May 2007 to May 2015, Chief Executive Officer, Deloitte Asia Pacific. |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | CapitaLand Limited - 50,000 shares (direct interest) |
| Other Directorships | |
| Note: 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. Singapore Land Authority 2. Singapore Institute of Directors 3. CPA Australia Singapore Division (Council Member) 4. Deloitte & Touche Consulting Group Pte Ltd 5. Deloitte & Touche HR Consultants Pte Ltd 6. Deloitte & Touche Corporate Finance Ltd 7. Deloitte & Touche 8. Deloitte & Touche Enterprise Risk Services Pte Ltd 9. Deloitte & Touche Management Services Pte Ltd 10. Deloitte & Touche Business Advisory Pte Ltd 11. Deloitte Global Tax Center Asia Pte Ltd 12. Deloitte & Touche Financial Advisory Services Pte Ltd 13. Deloitte Chairman's Foundation Club Ltd 14. Deloitte Consulting (SEA) Holdings Pte Ltd 15. Deloitte Touche Tohmatsu 16. DTT International 17. Tohmatsu & Co Singapore 18. Deloitte & Touche LLP 19. Deloitte Touche Tohmatsu Limited 20. Deloitte AP ICE, Limited 21. Deloitte Southeast Asia Ltd 22. SEA Cluster Cession Company Ltd 23. SEA Cluster Manager (PTC) Ltd 24. Deloitte SEA Services Sdn Bhd 25. Deloitte (Lao) Sole Company Limited 26. Deloitte (Cambodia) Co Ltd 27. Deloitte Touche Myanmar Vigour Advisory Limited |
| Present | 1. Singapore Accountancy Commission 2. Singapore International Chamber of Commerce 3. National University of Singapore 4. National University of Singapore Business School Accounting Advisory Board 5. Singapore Economic Development Board 6. Sentosa Development Corporation 7. Sentosa Leisure Management Pte Ltd 8. CM38 Capital Pte Ltd 9. Singapore Tourism Board |
| Information Required Persuant To Listing Rule 704(7)(H) | |
| (a) Whether at any time during the past 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 any 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 with 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 persuant to Listing Rule 704(7)(I) | |
| Note: Disclosure applicable to the appointment of Director only | |
| Any prior experience as a director of a listed company? | No |
| If yes, please provide full details | Although he has not served on any public listed company boards, Mr Mah has served on statutory boards such as Singapore Economic Development Board and Sentosa Development Corporation, and would have knowledge on the requirements and workings of listed companies through his work in Deloitte. The Company also provides suitable training for its Directors. All Directors on appointment also undergo an induction programme to familiarise themselves with matters relating to the Company's business activities, its strategic directions and policies, the regulatory environment in which the Group operates and the Company's corporate governance practices. Following their appointment, Directors are provided with opportunities for continuing education in areas such as directors' duties and responsibilities, changes to regulations and accounting standards and industry related matters, so as to be updated on matters that affect or may enhance their performance as Directors or Board Committee members. |