RAFFLES INFRASTRUCTURE HOLDINGS LIMITED
REPL::Change - Announcement of Appointment::Appointment of Independent Director
Issuer & Securities
Issuer/ ManagerRAFFLES INFRASTRUCTURE HOLDINGS LIMITEDSecuritiesRAFFLES INFRASTRUCTUREHLDGSLTD - BMG7354C1038 - LUY
Stapled SecurityNo
Announcement Details
Stapled SecurityNo
Announcement Title Change - Announcement of AppointmentDate &Time of Broadcast 13-Dec-2021 23:56:57Status ReplacementAnnouncement Sub TitleAppointment of Independent DirectorAnnouncement ReferenceSG211213OTHREVC9Submitted By (Co./ Ind. Name)Lee Wei HsiungDesignationCompany SecretaryDescription (Please provide a detailed description of the event in the box below)Appointment of Mr Chay Yiowmin as Independent Director.
Note: This announcement is to supersede the earlier announcement due to the disclosure of directorship and information required pursuant to Listing Rule 704(7) inadvertently omitted.
Additional Details
Note: This announcement is to supersede the earlier announcement due to the disclosure of directorship and information required pursuant to Listing Rule 704(7) inadvertently omitted.
Date Of Appointment13/12/2021Name Of PersonChay YiowminAge47Country Of Principal ResidenceSingaporeThe Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)The Nominating Committee ("NC") had reviewed the past working experience and credentials of Mr Chay Yiowmin and recommended his appointment.
The Board having considered the recommendation from the NC, approved the appointment of Mr Chay Yiowmin as Independent Director of the Company.Whether appointment is executive, and if so, the area of responsibilityNon-Executive. Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent DirectorProfessional qualificationsInstitute of Chartered Accountants in England and Wales (ICAEW) - Associate Chartered Accountant
University of Birmingham - Master, Business Administration
Nanyang Technological University - Bachelor of Accountancy and Master of Business Administration
Institute of Valuers and Appraisers of Singapore (IVAS) - Chartered Valuer and Appraiser (CVA)
Institute of Singapore Chartered Accountants (ISCA) - Fellow Chartered Accountant of Singapore (FCA Singapore)Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiariesNoConflict of interests (including any competing business)NoWorking experience and occupation(s) during the past 10 yearsMar 2019 to Present: Founder and CEO of Chay Corporate Advisory Pte. Ltd.
Jan 2020 to Present: Associate Lecturer o Singapore University of Social Sciences
Dec 1997 to Dec 2020: Finance Manager of C C Chay & Associates Pte Ltd
Dec 2012 to Mar 2019: Partner and Head of Corporate Finance of BDO
2010 to 2015: Trainer of Institute of Singapore Chartered Accountants (ISCA)
Jan 2009 to Jun 2012: Partner and Head of Financial Services of Moore Stephens LLPUndertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))YesShareholding 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)1. Citicode Ltd. (fka Advance SCT Limited)
2. R.S. Platou Finans Singapore Pte. Ltd. (Struck Off)
3. Seafox Asia Pacific Management Pte. Ltd.
4. Seafox Asia Pacific Pte. Ltd.
5. Chaspark Maritime Holdings Pte. Ltd.
6. Chaspark Maritime Pte. Ltd.
7. Global Air Compass Singapore Pte. Ltd. (Struck Off)
8. He Rui Feng Trading (Singapore) Pte. Ltd. (Struck Off)
9. Dahua Technology Singapore Pte. Ltd.
10. Jampur Far East Pte. Ltd.
11. TSU Investment Pte. Ltd.
12. Voxpace Pte. Ltd.
13. Libra Group Limited
14. Nelson G Advisory Pte. Ltd. (Struck Off)
15. CCA Fund Services Pte. Ltd.
16. American Ethane Capital Pte. Ltd.
17. Vanfoankang Investment Pte. Ltd. (Struck Off) PresentPrincipal Commitments
1. Chay Corporate Advisory Pte Ltd
Directorships
1. Ntegrator International Ltd.
2. UMS Holdings Limited
3. 8I Holdings Limited
4. Metech International Limited
5. Ksenja Pte. Ltd.
6. Xemaco Group Pte. Ltd.
7. Roxana Shipping Pte. Ltd.
8. 2YSL Pte. Ltd.
9. Wanglongxingye Holdings Pte Ltd
10. Vanfo Hino Holdings Pte. Ltd.
11. Moon Pay Pte. Ltd.
12. Vanbo Investments Pte. Ltd.
13. Vanbo Management Pte. Ltd.
14. Chay Corporate Advisory Sdn. Bhd.
15. United Power Corporation (Singapore) 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(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; 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?YesIf Yes, Please provide full detailsMetech International Limited (" MIL") received a letter from SGX dated 5 June 2020 and was given an opportunity to make representations in respect of the matters set out in a Notice of Compliance dated 27 December 2019 issued by SGX RegCo on the disclosure of a former Director. A private warning was subsequently issued to the Board by SGX RegCo.Any prior experience as a director of an issuer listed on the Exchange?YesIf Yes, Please provide details of prior experience8I Holdings Limited
UMS Holdings Limited
Metech International Limited Ntegrator International Ltd. Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)N.A.
Related Announcements
The Board having considered the recommendation from the NC, approved the appointment of Mr Chay Yiowmin as Independent Director of the Company.Whether appointment is executive, and if so, the area of responsibilityNon-Executive. Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent DirectorProfessional qualificationsInstitute of Chartered Accountants in England and Wales (ICAEW) - Associate Chartered Accountant
University of Birmingham - Master, Business Administration
Nanyang Technological University - Bachelor of Accountancy and Master of Business Administration
Institute of Valuers and Appraisers of Singapore (IVAS) - Chartered Valuer and Appraiser (CVA)
Institute of Singapore Chartered Accountants (ISCA) - Fellow Chartered Accountant of Singapore (FCA Singapore)Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiariesNoConflict of interests (including any competing business)NoWorking experience and occupation(s) during the past 10 yearsMar 2019 to Present: Founder and CEO of Chay Corporate Advisory Pte. Ltd.
Jan 2020 to Present: Associate Lecturer o Singapore University of Social Sciences
Dec 1997 to Dec 2020: Finance Manager of C C Chay & Associates Pte Ltd
Dec 2012 to Mar 2019: Partner and Head of Corporate Finance of BDO
2010 to 2015: Trainer of Institute of Singapore Chartered Accountants (ISCA)
Jan 2009 to Jun 2012: Partner and Head of Financial Services of Moore Stephens LLPUndertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))YesShareholding 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)1. Citicode Ltd. (fka Advance SCT Limited)
2. R.S. Platou Finans Singapore Pte. Ltd. (Struck Off)
3. Seafox Asia Pacific Management Pte. Ltd.
4. Seafox Asia Pacific Pte. Ltd.
5. Chaspark Maritime Holdings Pte. Ltd.
6. Chaspark Maritime Pte. Ltd.
7. Global Air Compass Singapore Pte. Ltd. (Struck Off)
8. He Rui Feng Trading (Singapore) Pte. Ltd. (Struck Off)
9. Dahua Technology Singapore Pte. Ltd.
10. Jampur Far East Pte. Ltd.
11. TSU Investment Pte. Ltd.
12. Voxpace Pte. Ltd.
13. Libra Group Limited
14. Nelson G Advisory Pte. Ltd. (Struck Off)
15. CCA Fund Services Pte. Ltd.
16. American Ethane Capital Pte. Ltd.
17. Vanfoankang Investment Pte. Ltd. (Struck Off) PresentPrincipal Commitments
1. Chay Corporate Advisory Pte Ltd
Directorships
1. Ntegrator International Ltd.
2. UMS Holdings Limited
3. 8I Holdings Limited
4. Metech International Limited
5. Ksenja Pte. Ltd.
6. Xemaco Group Pte. Ltd.
7. Roxana Shipping Pte. Ltd.
8. 2YSL Pte. Ltd.
9. Wanglongxingye Holdings Pte Ltd
10. Vanfo Hino Holdings Pte. Ltd.
11. Moon Pay Pte. Ltd.
12. Vanbo Investments Pte. Ltd.
13. Vanbo Management Pte. Ltd.
14. Chay Corporate Advisory Sdn. Bhd.
15. United Power Corporation (Singapore) 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(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; 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?YesIf Yes, Please provide full detailsMetech International Limited (" MIL") received a letter from SGX dated 5 June 2020 and was given an opportunity to make representations in respect of the matters set out in a Notice of Compliance dated 27 December 2019 issued by SGX RegCo on the disclosure of a former Director. A private warning was subsequently issued to the Board by SGX RegCo.Any prior experience as a director of an issuer listed on the Exchange?YesIf Yes, Please provide details of prior experience8I Holdings Limited
UMS Holdings Limited
Metech International Limited Ntegrator International Ltd. Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)N.A.
Related Announcements
14/12/2021 00:15:27
13/12/2021 22:42:29
14/12/2021 00:15:27
13/12/2021 22:42:29
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Raffles Infrastructure Holdings Ltd. published this content on 13 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2021 17:05:10 UTC.
