| ANNOUNCEMENT OF APPOINTMENT OF INDEPENDENT DIRECTOR |
| * Asterisks denote mandatory information |
| Name of Announcer * | NERATELECOMMUNICATIONS LTD | | Company Registration No. | 197802690R | | Announcement submitted on behalf of | NERATELECOMMUNICATIONS LTD | | Announcement is submitted with respect to * | NERATELECOMMUNICATIONS LTD | | Announcement is submitted by * | Tan Cher Liang | | Designation * | Company Secretary | | Date & Time of Broadcast | 23-Dec-2013 18:00:18 | | Announcement No. | 00111 |
| The details of the announcement start here ... |
| Date of Appointment * | 23/12/2013 | | Name of person * | Wong Su-Yen | | Age * | 43 | | Country of principal residence * | Singapore | | The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | Ms Wong was nominated by Mr Tan Lye Huat, Non-Executive Chairman and Independent Director of the Company after an extensive search was conducted. The Nominating Committee ("NC") had reviewed the qualifications, working experience, capabilities and other relevant factors of Ms Wong in the discharge of her duties as Independent Director of the Company. Ms Wong also undertook an assessment of Independence. The NC is satisfied that the selection criteria is met. Upon the recommendation of the NC, the Board of Directors approved Ms Wong's appointment as Independent 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 Nominating Committee and member of the Remuneration Committee | | Working experience and occupation(s) during the past 10 years * | Ms Wong brings with her over 20 years of experience in driving business strategy, strategic talent development, organisation transformation, operation redesign and risk management. She is the Chairman (Singapore) for Marsh & McLennan Companies, a global professional services firm specializing in risk, strategy, and human capital advice and solutions. She is also Senior Advisor to Oliver Wyman, a leading global management consulting firm, and Mercer, a global leader in human resources consulting and related financial services. She also serves as a Director and Member of the Remuneration Committee at the National Kidney Foundation, Singapore. Previously she was Managing Director of Mercer - ASEAN, and the Asia Managing Partner for the Communications, Information & Entertainment practice at Oliver Wyman. She has advised clients across North America and Asia, and has previously been based in Boston, Bangkok, Hong Kong, Beijing and Seoul. | | Interest * in the listed issuer and its subsidiaries * | None | | 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) * | No competing business. Marsh and Mercer provide services to Nera Telecommunications Ltd and Nera (Thailand) Limited relating to insurance broking, compensation, and employee benefits services. |
| # 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) | Mercer (Singapore) Pte Ltd
Mercer(Thailand) Ltd
PT Mercer Indonesia
Mercer Philippines, Inc.
Mercer Holdings, Inc
Mercer (Malaysia) Sdn Bhd
Mercer Consulting Holdings Sdn Bhd
National Kidney Foundation, Singapore | | Present | Mercer (Singapore) Pte Ltd
National Kidney Foundation, Singapore |
| >> INFORMATION REQUIRED PERSUANT TO LISTING RULE 704(7)(H) |
| Disclose the following matters concerning an appointment of director, chief executive officer, general manager or other executive officer of equivalent rank. If the answer to any questions is "yes", full details must be given. |
| (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
|
| >> INFORMATION REQUIRED PERSUANT TO LISTING RULE 704(7)(I) |
| Disclosure applicable to the appointment of Director only. |
| Any prior experience as a director of a listed company? | No | | If no, please provide details of any training undertaken in the roles and responsibilities of a director of a listed company. | Ms Wong has attended various seminars and training programs conducted by the Singapore Institute of Directors, Institute of Singapore Chartered Accountants, KPMG, NUS Centre for Governance, Institutions and Organisations (CGIO), and CFA Society Singapore. |
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