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SGX Announcements

Change - Announcement Of Appointment :: Appointment Of Non-Executive Director

BackApr 02, 2015
Announcement Title Change - Announcement of Appointment
Announcement Subtitle Appointment of Non-Executive Director
Securities FIRST SPONSOR GROUP LIMITED (FIRSTSPO)
Date & Time of Broadcast Apr 2, 2015 23:58
Submitted By Neo Teck Pheng
Group Chief Executive Officer
Description Appointment of Non-Executive Director
Appointment Details
Date of appointment Apr 2, 2015
Name of person Lee Tse Sang Aloysius
Age 66
Country of principal residence Singapore
The Board's comments on this appointment Upon nomination by Millennium & Copthorne Hotels plc, the substantial shareholder of the Company, the Nominating Committee of First Sponsor Group Limited (FSGL) has reviewed the qualifications and experience of Mr Lee and recommended to the Board of Directors for approval. The Board has accepted the recommendation and approved the appointment of Mr Lee as a Non-Executive Director of FSGL.
Whether appointment is executive, and if so, the area of responsibility Non-Executive Director
Job title Non-Executive Director
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries None
Conflict of interests (including any competing business) Mr Lee is Group Chief Executive Officer of Millennium & Copthorne Hotels plc. He is also the non-executive director of Millennium & Copthorne Hotels New Zealand Limited and CDL Investments New Zealand Limited. Please also see attached list of further directorships.
Working experience and occupation(s) during the past 10 years Mr Lee was CEO of South Beach Consortium Pte Ltd., a joint venture established by City Developments Limited and other parties to create a mixed use real estate development in Singapore, which is scheduled to be completed in 2015. Prior to that, Mr. Lee held senior leadership positions at a number of companies, including one of China's leading real estate groups, Shui On Land, Hong Kong Telecom, Star Cruises and Singapore Airlines.
Shareholding interest in the listed issuer and its subsidiaries No
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) Mr Lee was CEO of South Beach Consortium Pte Ltd., a joint venture established by City Developments Limited.

Mr Lee was a Director of Shui On Land Limited, which is listed on the Hong Kong Stock Exchange, between October 2008 and December 2009.
Present Group Chief Executive Officer of Millennium & Copthorne Hotels plc.

Non-Executive Director of Millennium & Copthorne Hotels New Zealand Limited and CDL Investments New Zealand Limited.

Please also see attached list for further directorships
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? Yes
If yes, please provide full details Mr Lee was a Director of Shui On Land Limited, which is listed on the Hong Kong Stock Exchange, between October 2008 and December 2009.

Attachments