Wednesday, April 30, 2014

Company announcements: MDR, Action Asia, China Bearing

MDR - Announcement of Appointment

Announcement Type: Announcement of Appointment
Company: MDR LIMITED
Stock Code/Name: A27 - MDR

Change - Announcement of Appointment::ANNOUNCEMENT OF APPOINTMENT OF INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER
Issuer & Securities
Issuer/ ManagerMDR LIMITED
SecuritiesMDR LIMITED - SG1N26909308 - A27
Announcement Details
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast30-Apr-2014 18:38:45
StatusNew
Announcement Sub TitleANNOUNCEMENT OF APPOINTMENT OF INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER
Announcement ReferenceSG140430OTHR52VF
Submitted By (Co./ Ind. Name)Mr Ong Ghim Choon
DesignationDirector and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)APPOINTMENT OF INDEPENDENT DIRECTOR WHO IS AN AUDIT COMMITTEE MEMBER
Additional Details
Date Of Appointment01/05/2014
Name Of PersonMr Quah Ban Huat
Age47
Country Of Principal ResidenceSingapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)After reviewing the recommendation of the Nominating Committee, and the qualifications, experience and independence of Mr Quah Ban Huat ("Mr Quah"), the Board of Directors (the "Board") approved the appointment of Mr Quah as part of the Board's renewal process.
Whether appointment is executive, and if so, the area of responsibilityNon-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Lead Independent Director

Member of Audit Committee, Chairman of Remuneration Committee, and Chairman of Nominating Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesN/A
Conflict of interests (including any competing business)N/A
Working experience and occupation(s) during the past 10 yearsPresent

2010 - Present
Independent Director, AP Oil International Ltd

2012 - Present
Independent Director, Croesus Retail Asset Management Pte Ltd

2013 - Present
Independent Director, Samudera Shipping Line Ltd

2011 - Present
Director, Primeur Holdings Pte Ltd

2011 - Present
Director, Primeur Cellars Pte Ltd

2013 - Present
Consultant, KPMG Services Pte Ltd

2013 - Present
Advisor, Royal Chemie International Limited

2012 - 2014
CEO, Surgeons International Holdings Pte Ltd

2006 - 2011
CFO, Rickmers Trust Management Pte Ltd

2005 - 2006
Financial Advisor/CFO, City Gas Pte Ltd

2002 - 2005
Group Finance Director, IMC Pan Asia Alliance Pte Ltd
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)Refer to attachment
PresentRefer to attachment
(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
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; orNo
(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; orNo
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; orNo
(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 a listed company?Yes
If Yes, Please provide full detailsIndependent Director and Audit Committee Chairman, AP Oil International Ltd

Independent Director, Croesus Retail Asset Management Pte Ltd

Independent Director and Remuneration Committee Chairman, Samudera Shipping Line Ltd

Attachments



MDR - Change - Announcement of Cessation::RETIREMENT OF DIRECTOR

Announcement Type: Announcement of Cessation
Company: MDR LIMITED
Stock Code/Name: A27 - MDR

Change - Announcement of Cessation::RETIREMENT OF DIRECTOR
Issuer & Securities
Issuer/ ManagerMDR LIMITED
SecuritiesMDR LIMITED - SG1N26909308 - A27
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast30-Apr-2014 18:34:38
StatusNew
Announcement Sub TitleRETIREMENT OF DIRECTOR
Announcement ReferenceSG140430OTHRSSKV
Submitted By (Co./ Ind. Name)Mr Ong Ghim Choon
DesignationDirector and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Retirement of Mr Tham Khai Wor as Director of the Company.
Additional Details
Name Of PersonMR THAM KHAI WOR
Age69
Is effective date of cessation known?Yes
If yes, please provide the date30/04/2014
Detailed Reason (s) for cessationMr Tham Khai Wor ("Mr Tham") retired at the conclusion of the Company's Annual General Meeting as he had expressed his intention not to seek re-election.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?No
Any other relevant information to be provided to shareholders of the listed issuer?No
Date of Appointment to current position06/10/2006
Does the AC have a minimum of 3 members (taking into account this cessation)?Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Non-Independent Non-Executive Director;

Member of Audit Committee;

Member of Nominating Committee; and

Member of Remuneration Committee.
Role and responsibilitiesNon-Independent Non-Executive Director;

Member of Audit Committee;

Member of Nominating Committee; and

Member of Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo
Shareholding interest in the listed issuer and its subsidiaries?Yes
Shareholding Details15,000,000
Past (for the last 5 years)Nil
PresentM2L Holdings Limited, Non-Executive Director



Action Asia - Change - Announcement of Appointment::Appointment of Head of Finance

Announcement Type: Announcement of Appointment
Company: ACTION ASIA LIMITED
Stock Code/Name: A59 - Action Asia

Change - Announcement of Appointment::Appointment of Head of Finance
Issuer & Securities
Issuer/ ManagerACTION ASIA LIMITED
SecuritiesACTION ASIA LIMITED - SG1O98915927 - A59
Announcement Details
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast30-Apr-2014 18:35:07
StatusNew
Announcement Sub TitleAppointment of Head of Finance
Announcement ReferenceSG140430OTHRCQ3W
Submitted By (Co./ Ind. Name)Juliana Loh Joo Hui
DesignationCompany Secretary
Effective Date and Time of the event30/04/2014 17:00:00
Description (Please provide a detailed description of the event in the box below)Appointment as Head of Finance.
Additional Details
Date Of Appointment30/04/2014
Name Of PersonAiris Lee
Age41
Country Of Principal ResidenceMalaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)The Board of Directors has reviewed the appointment of Ms Airis Lee as the Head of Finance and taking into consideraion her background and experience, have considered her suitable. Ms Airis Lee has accepted the appintment as the Head of Finance.
Whether appointment is executive, and if so, the area of responsibilityResponsible for overseeing the financial and accounting matters
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Head of Finance
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNil
Conflict of interests (including any competing business)Nil
Working experience and occupation(s) during the past 10 yearsNov 2006 - Present - Finance Manager of Action Asia Limited
Apr 2006 - Nov 2006 - Assistant Finance Manager of Action Industries (M) Sdn Bhd
Aug 2002 - Apr 2006 - Assistant Corporate Finance & Accounts Manager of Thong Guan Industries Berhad
Aug 1998 - Aug 2002 - Corporate Finance & Account Officer of Thong Guan Industries Berhad
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)nil
Present2011 - Present - Action Industries (M) Sdn Bhd
(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
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; orNo
(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; orNo
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; orNo
(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 a listed company?No
If Yes, Please provide full detailsNA



China Bearing - Change - Announcement of Cessation::Announcement of Cessation of Independent Director

Announcement Type: Announcement of Cessation
Company: CHINA BEARING (SINGAPORE) LTD.
Stock Code/Name: AD7 - China Bearing

Change - Announcement of Cessation::Announcement of Cessation of Independent Director
Issuer & Securities
Issuer/ ManagerCHINA BEARING (SINGAPORE) LTD.
SecuritiesCHINA BEARING (SINGAPORE) LTD. - SG1U08932378 - AD7
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast30-Apr-2014 19:10:26
StatusNew
Announcement Sub TitleAnnouncement of Cessation of Independent Director
Announcement ReferenceSG140430OTHRAHBW
Submitted By (Co./ Ind. Name)Zhang Anxi
DesignationManaging Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Announcement of Cessation of Independent Director
Additional Details
Name Of PersonChin Yew Choong David
Age54
Is effective date of cessation known?Yes
If yes, please provide the date30/04/2014
Detailed Reason (s) for cessationMr Chin Yew Choong David has retired pursuant to Article 93 of the Articles of Association of the Company by not seeking re-election as a Director at the Annual General Meeting held on 30 April 2014.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?No
Any other relevant information to be provided to shareholders of the listed issuer?No
Date of Appointment to current position22/08/2006
Does the AC have a minimum of 3 members (taking into account this cessation)?No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent Director, Chairman of Remuneration Committee and a member of Audit Committee and Nominating Committee
Role and responsibilitiesIndependent and Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNil
Shareholding interest in the listed issuer and its subsidiaries?Yes
Shareholding Details200,000 ordinary shares in China Bearing (Singapore) Ltd.
Past (for the last 5 years)Nil
PresentJackspeed Corporation Limited, M Development Ltd



China Bearing - General Announcement::RESULTS OF AGM, CESSATION & APPOINTMENT OF DIRECTORS & COMPOSITION OF BOARD & BOARD COMMITTEES

Announcement Type: General Announcement
Company: CHINA BEARING (SINGAPORE) LTD.
Stock Code/Name: AD7 - China Bearing

General Announcement::RESULTS OF AGM, CESSATION & APPOINTMENT OF DIRECTORS & COMPOSITION OF BOARD & BOARD COMMITTEES
Issuer & Securities
Issuer/ ManagerCHINA BEARING (SINGAPORE) LTD.
SecuritiesCHINA BEARING (SINGAPORE) LTD. - SG1U08932378 - AD7
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast30-Apr-2014 19:04:18
StatusNew
Announcement Sub TitleRESULTS OF AGM, CESSATION & APPOINTMENT OF DIRECTORS & COMPOSITION OF BOARD & BOARD COMMITTEES
Announcement ReferenceSG140430OTHRH4ZQ
Submitted By (Co./ Ind. Name)Zhang Anxi
DesignationManaging Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)Please refer to the attachment.

Attachments



No comments:

Post a Comment