| Date Of Appointment | 25/09/2014 |
| Name Of Person | Nobuyoshi Fujisawa |
| Age | 44 |
| Country Of Principal Residence | Japan |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Mr Fujisawa has served in various executive positions, including that of chairman, managing director, president and chief executive officer; and also holds directorships in various companies. He is the President & CEO of JTrust Co., Ltd. which is listed on the Tokyo Stock Exchange. The Nominating Committee of the Company has reviewed the qualification and experience of Mr Fujisawa and has recommended his appointment to the Board as an Executive Director of the Company. The Board has considered the recommendations of the Nominating Committee and is of the view that it is appropriate to appoint Mr Fujisawa in an executive role for the management of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Executive Appointment. Mr Fujisawa will oversee the corporate strategy and business development of the Company. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Conflict of interests (including any competing business) | No |
| Working experience and occupation(s) during the past 10 years | Jun 2003: Representative Director / Be Japan Co., Ltd.
Sep 2005: Representative Vice President / Livedoor Credit Co., Ltd. (current Cross Seed Co., Ltd.)
Sep 2005: Representative Director / Livedoor Servicer Co., Ltd. (current Turn around Servicer)
Oct 2005: Representative Director / Livedoor Factoring Co., Ltd. (current Phlox Card Co., Ltd)
Oct 2005: Representative Director / Livedoor Credit Co., Ltd. (current Cross Seed Co., Ltd)
Aug 2007: Representative Director & Chairman / Kazaka Servicer Co., Ltd. (current Partir Servicer Co., Ltd)
Jun 2008: Representative Director & Chairman / JTrust Co., Ltd.
Jun 2008: Director / Mass Work Co., Ltd. (current Keynote Co., Ltd)
Oct 2008: President & Representative Director / Next Japan Holdings Co., Ltd. (current JTrust Co., Ltd.)
Mar 2009: President & Representative Director / NLHD Co., Ltd. (Incumbent)
Jul 2009: President & Representative Director / Neoline Holdings Co., Ltd. (current JT Investment Co., Ltd.)
Jun 2010: Director / JTrust Co., Ltd.
Jun 2010: Director / Adores Inc.
Oct 2010: Director & Supreme Advisor / JTrust Co., Ltd.
Oct 2010: Representative Director & Chairman / Next Japan Holdings Co., Ltd. (current JTrust Co., Ltd.)
May 2011: Representative Director & Chairman / Adores Inc.
Jun 2011: President & CEO / JTrust Co., Ltd. (Incumbent)
Oct 2013: Managing Director / JTrust Asia Pte. Ltd. (Incumbent)
Jan 2014: Chairman / Chinae Savings Bank Co., Ltd. (Incumbent)
May 2014: Chairman / Adores Inc. (Incumbent)
|
| 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) | Jul 2009: President & Representative Director / Neoline Holdings Co., Ltd. (current JT Investment Co., Ltd.)
Jun 2010: Director / JTrust Co., Ltd.
Jun 2010: Director / Adores Inc.
Oct 2010: Director & Supreme Advisor / JTrust Co., Ltd.
Oct 2010: Representative Director & Chairman / Next Japan Holdings Co., Ltd. (current JTrust Co., Ltd.)
May 2011: Representative Director & Chairman / Adores Inc.
|
| Present | Mar 2009: President & Representative Director / NLHD Co., Ltd. (Incumbent)
Jun 2011: President & CEO / JTrust Co., Ltd. (Incumbent)
Oct 2013: Managing Director / JTrust Asia Pte. Ltd. (Incumbent)
Jan 2014: Chairman / Chinae Savings Bank Co., Ltd. (Incumbent)
May 2014: Chairman / Adores Inc. (Incumbent)
|
| (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 | President & CEO / JTrust Co., Ltd. (TSE)
Chairman / Adores Inc. (JQ) |
