| Date Of Appointment | 22/05/2015 |
| Name Of Person | Ng Fook Ai Victor |
| Age | 67 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board of Directors has reviewed the qualifications and working experience of Mr Ng Fook Ai Victor and is of the view that the Company will benefit from Mr Ng Fook Ai Victor's vast business and management experience. |
| Whether appointment is executive, and if so, the area of responsibility | No. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director and Chairman of Audit & Risk Committee. |
| 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 | Please refer to Annexure A. |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| # 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) | Asia Power Corporation Limited Devotion Energy Group Limited Grand Canal Property Pte. Ltd. Global Arena Asia Pte. Ltd. |
| Present | SHC Capital Asia Limited 1Rockstead GIP Fund II Pte. Ltd. Nee Soon Social Enterprise Limited Jiahui New Climate Holdings Pte. Ltd. New Climate Pte. Ltd. JH Global Resources Pte. Ltd. 1Rockstead GIP Fund Ltd Mercur Business Control Asia Pte. Ltd. MY E.G. Services Berhad SHC Investments Ltd Sunshine 100 China Holdings Ltd |
| (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; 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 |
| Any prior experience as a director of a listed company? | Yes |
| If Yes, Please provide details of prior experience | Mr Ng Fook Ai Victor is currently a Lead Independent Director, Chairman of the Audit Committee and Remuneration Committee and member of the Nominating Committee of SHC Capital Asia Limited, a company listed on the Catalist Board of Singapore Exchange Limited ("SGX"). He is also an independent Non-Executive Director of Sunshine 100 China Holdings Ltd, a company listed on the Main Board of the Stock Exchange of Hong Kong Limited, and an independent Non-Executive Director of MY E.G. Services Berhad, a company listed on the Main Board of Bursa Malaysia Securities Berhad.
Mr Ng had also previously served as an Independent Director of Asia Power Corporation Limited, Devotion Energy Group Limited and SIIC Environment Holdings Ltd which are companies listed on the Main Board of the SGX. |