| Date Of Appointment | 03/03/2015 |
| Name Of Person | Koh Mia Seng |
| Age | 50 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | As disclosed in the Company's announcement dated 5 December 2014, upon completion of the acquisition of 50% shareholding interest in SMC Industrial Pte. Ltd. ("SMC"), Mr Koh Mia Seng will be appointed as a director of the Company. Mr Koh will continue to oversee the operations of SMC. Besides having taken note of this business arrangement, the Nominating Committee of the Company has also reviewed Mr Koh's working experience, qualification and has recommended the appoinment of Mr Koh as an Executive Director of the Company. The Board has accepted the recommendation of the Nominating Committee and approved Mr Koh's appointment accordingly. |
| Whether appointment is executive, and if so, the area of responsibility | Executive. Mr Koh will be overseeing the operations of the Company's new business of trading of commodities, which include copper, stainless steel and other special alloy. |
| 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 | March 1994 to current - Managing Director of SMC Industrial Pte. Ltd.
May 2009 to current - Director of SMC Holdings Pte. Ltd. |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | Direct Interest = 83,000,000 shares.
Deemed Interest = Nil
Mr Koh does not hold any shares in the subsidiaries of the listed issuer. |
| # 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) | Nil |
| Present | SMC Industrial Pte. Ltd.
SMC Holdings Pte. Ltd.
SMC Technology Sdn. Bhd.
SMC Technology (Thailand) Pte. 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? | Yes |
| If Yes, Please provide full details | Assisted in the investigation by Commercial Affairs Department ("CAD") in November 2011 for money remitted to SMC Industrial Pte. Ltd. where Mr Koh is the managing director and major shareholder.
The case closed in July 2012 with CAD issuing a Notice of Warning to Mr Koh, the Director of SMC to refrain from collecting cash from customers. |
| 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 | The Company shall arrange for Mr Koh Mia Seng to attend the Listed Company Director Programme conducted by the Singapore Institute of Directors to familiarise himself with the roles and responsibilities of a director of a listed company in Singapore. |
