| ANNOUNCEMENT OF APPOINTMENT OF DEPUTY CHAIRMAN |
| * Asterisks denote mandatory information |
| Name of Announcer * | CITY DEVELOPMENTS LIMITED | | Company Registration No. | 196300316Z | | Announcement submitted on behalf of | CITY DEVELOPMENTS LIMITED | | Announcement is submitted with respect to * | CITY DEVELOPMENTS LIMITED | | Announcement is submitted by * | Enid Ling Peek Fong | | Designation * | Company Secretary | | Date & Time of Broadcast | 16-Jan-2014 18:02:14 | | Announcement No. | 00084 |
| The details of the announcement start here ... |
| Date of Appointment * | 16/02/2014 | | Name of person * | Kwek Leng Joo | | Age * | 60 | | Country of principal residence * | Singapore | | The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | The Board is pleased to appoint Mr Kwek Leng Joo as Deputy Chairman of the Company, to assist the Executive Chairman. Having been a dedicated advocate of corporate social responsibility (CSR) for close to two decades, and having established CDLs reputation as a leading green building champion and, given his corporate social responsibility (CSR) advocacy, Mr Kwek will continue to inter alia lead the Company in its CSR commitment for business sustainability. | | Whether appointment is executive, and if so, the area of responsibility * | Yes.
Mr Kwek Leng Joo will be assuming the role of Deputy Chairman of the Company with effect from 17 February 2014, relinquishing his current role as Managing Director. Mr Kwek will remain an Executive Director.
As Deputy Chairman, he will assist the Executive Chairman and undertake any other roles assigned by the Board while focusing on product innovation, and continuing to provide leadership on CSR and sustainability initiatives as well as corporate governance matters. | | Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Deputy Chairman | | Working experience and occupation(s) during the past 10 years * | January 1995 to Present
Managing Director of the Company
| | Interest * in the listed issuer and its subsidiaries * | The Company
- 65,461 ordinary shares
- 100,000 preference shares
Subsidiary: City e-Solutions Limited
1,436,000 ordinary shares
| | Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | Mr Kwek Leng Joo is the brother of Mr Kwek Leng Beng, the Executive Chairman of the Company.
He is also the cousin of Mr Kwek Leng Peck, a Non-Executive Director of the Company.
| | Conflict of interests (including any competing business) * | Nil |
| # 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 Balestier Realty Pte Ltd
2 Bloomsville Investments Pte Ltd
3 Business China
4 CDL Entertainment & Leisure Pte Ltd
5 CDL Hotels (Korea) Ltd.
6 Chinese Chamber Realty Private Limited
7 City Centrepoint Pte Ltd
8 City Condominiums Pte Ltd
9 City Port Development Pte Ltd (Liquidated in 2013)
10 Council For Third Age Ltd.
11 Eccott Pte Ltd
12 Edenspring Properties Pte Ltd (Liquidated in 2013)
13 Elite Holdings Private Limited
14 Faber-Rhine Properties Pte Ltd
15 Glengary Pte. Ltd.
16 Grand Waterfront Pte Ltd (Liquidated in 2011)
17 Guan Realty (Private) Limited
18 Guilin Park Properties Pte Ltd
19 Hong Leong Strategic Holdings Pte Ltd (Liquidated in 2012)
20 Lingo Enterprises Limited
21 Millennium & Copthorne Hotels plc
22 North Bridge Commercial Complex Pte Ltd (Liquidated in 2013)
23 Palmerston Holdings Sdn. Bhd.
24 Singapore Chinese Chamber of Commerce Foundation
25 Singapore Hokkien Huay Kuan
26 Spring Grove Development Pte Ltd (Liquidated in 2013)
27 Tan Kah Kee Foundation
28 The Corporate Building Pte Ltd (Liquidated in 2013)
29 The Corporate Office Pte Ltd (Liquidated in 2013)
30 The Financial Board of the Singapore Chinese Chamber of Commerce
31 The Hokkien Foundation
32 The Office Chamber Pte Ltd (Liquidated in 2013)
33 Trans Oil Pte Ltd
34 Venus Real Estate Investments Limited
35 Yunnan Realty Pte Ltd
| | Present | 1 100G Pasir Panjang Road Pte Ltd (In members' voluntary liquidation)
2 Allinvest Holding Pte Ltd
3 Aster Land Development Pte Ltd
4 Aston Properties Pte Ltd
5 ATOS Holding AG
6 Beijing Hong Gong Garden Villa House Property Development Co., Ltd
7 Branbury Investments Ltd
8 Camborne Developments Pte Ltd
9 CBM Pte. Ltd.
10 CDL Hotels (Malaysia) Sdn. Bhd.
11 CDL Land Pte Ltd
12 CDL Management Services Pte. Ltd.
13 CDL Nominees Limited
14 CDL Properties Ltd
15 CDL-Suzhou Investment Pte Ltd
16 Central Mall Pte Ltd
17 Chester Properties Pte Ltd
18 Chestnut Avenue Developments Pte. Ltd.
19 Cideco Pte. Ltd.
20 City Capital Corporation Pte Ltd
21 City Developments Realty Limited
22 City e-Solutions Limited
23 City Hotels Pte. Ltd.
24 City Sovereign Pte. Ltd.
25 Citydev Investments Pte. Ltd.
26 Citydev Nahdah Pte. Ltd.
27 Citydev Properties Pte Ltd
28 Citydev Real Estate (Singapore) Pte Ltd
29 Colink Limited
30 Copthorne Orchid Hotel Singapore Pte Ltd
31 Crown Pacific Development Limited
32 Darfera Pte Ltd
33 Elishan Investments Pte Ltd
34 Eton Properties Pte Ltd
35 Euroform (S) Pte. Limited
36 Fergurson Hotel Holdings Limited
37 Fergurson Investment Corp (Alternate Director)
38 Granmil Holdings Pte Ltd
39 Harbour Land Corporation
40 Harbour View Hotel Pte. Ltd.
41 Heidelberg Company Limited
42 Highgrove Investments Pte Ltd
43 Hong Bee Hardware Company Sdn Bhd
44 Hong Leong Corporation Holdings Pte Ltd
45 Hong Leong Development Pte. Limited
46 Hong Leong Enterprises Pte. Ltd.
47 Hong Leong Finance Limited
48 Hong Leong Gas Cylinders Private Limited
49 Hong Leong Holdings Limited
50 Hong Leong Hotel Development Limited
51 Hong Leong International (Hong Kong) Limited
52 Hong Leong International Hotel (Singapore) Pte. Ltd.
53 Hong Leong International Property Investments (Singapore) Ltd.
54 Hong Leong International Trading Limited
55 Hong Leong Investment Holdings Pte. Ltd.
56 Hong Leong Properties Pte. Limited
57 International Design Link Pte Ltd
58 Island City Garden Development Pte. Ltd.
59 King's Tanglin Shopping Pte. Ltd.
60 Kwek Holdings Pte Ltd
61 Kwek Hong Png Investment Pte. Ltd.
62 Land Equity Development Pte Ltd
63 Lee Kuan Yew Scholarship Fund
64 New Unity Holdings Ltd.
65 Newbury Investments Pte Ltd
66 NIN Investment Holdings Pte Ltd
67 NUHS Fund Limited
68 Pacific Height Enterprises Company Limited
69 PT. Millennium Sirih Jakarta Hotel
70 Republic Hotels & Resorts Limited
71 Republic Hotels Suzhou Pte Ltd
72 Richmond Hotel Pte Ltd
73 Richview Holdings Pte Ltd
74 Singapore-Suzhou Township Development Pte Ltd
75 Singapura Developments (Private) Limited
76 South Beach Consortium Pte. Ltd.
77 Target Realty Limited (In members' voluntary liquidation)
78 TC Development Pte. Ltd.
79 Union Chain Investment Limited
|
| >> 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? | Yes | | If yes, please provide details of prior experience. | 1. Managing Director, City Developments Limited (CDL)
2. Chairman, Corporate Social Responsibility & Corporate Governance Committee, CDL
3. Executive Director, City e-Solutions Limited
4. Non-Executive Director, Hong Leong Finance Limited |
| Attachments | Total size = 0K
(2048K size limit recommended) |
|
|
No comments:
Post a Comment