Stamford Land Corporate Ltd

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Change - Announcement Of Appointment Of Independent Non-Executive Director - Goh Li-Lin, Gillian

BackDec 27, 2023
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Dec 27, 2023 17:43
Status New
Announcement Sub Title Appointment of Independent Non-Executive Director - Goh Li-Lin, Gillian
Announcement Reference SG231227OTHRCY24
Submitted By (Co./ Ind. Name) Ow Yew Heng
Designation Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below) Appointment of Goh Li-Lin, Gillian as Independent Non-Executive Director
Additional Details
Date Of Appointment 01/01/2024
Name Of Person Goh Li-Lin, Gillian
Age 50
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) With recommendation from the Nominating Committee, the Board of Directors (the "Board") after having reviewed and considered the qualification, expertise, working experience and independence of Goh Li-Lin, Gillian (Ms "Goh"), has approved the appointment of Ms Goh as an Independent Non-Executive Director of the Company. The Board considers Ms Goh to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.
Whether appointment is executive, and if so, the area of responsibility Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Independent Non-Executive Director, Chairman of Remuneration Committee and Member of Audit and Risk Management Committee
Professional qualifications - Master of Business Administration (Banking and Finance), Nanyang Technological University, Singapore
- Bachelor of Business (Banking and Finance), Monash University, Australia
- Associate Chartered Valuer and Appraiser, Institute of Valuers and Appraisers, 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 subsidiaries No
Conflict of interests (including any competing business) No
Working experience and occupation(s) during the past 10 years September 2006 - December 2022:
PrimePartners Corporate Finance Pte. Ltd.
Last held position was Director, Head of Continuing Sponsorship
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) Yes
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) Directorships
Nil

Other Principal Commitments
- PrimePartners Corporate Finance Pte. Ltd.
Present Directorships
Nil

Other Principal Commitments
Nil
(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; 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 Ms Goh was the Registered Professional in charge of the continuing activities undertaken by the continuing sponsor of a Catalist-listed company (the "ListCo"). The continuing sponsor and Ms Goh received enquiries from, and communicated with, the Singapore Exchange Regulation Pte. Ltd. ("SGX RegCo") in relation to their respective obligations under the Catalist Rules. This arose from certain inaccurate disclosures in the ListCo's annual report for the financial year ended 31 December 2019 ("AR2019") pertaining to the re-election of its Independent Chairman and the appointment of a new independent director. The AR2019 had been announced on the SGXNet in April 2020 and the aforesaid disclosures were subsequently revised and corrected by the ListCo by way of a corrigendum to the AR2019 announced on the SGXNet in June 2020. This matter concluded in March 2021 with a reminder from the SGX RegCo to Ms Goh of her obligations under Catalist Rule 229(2), concurrent with a respective reminder to the continuing sponsor.
Any prior experience as a director of an issuer listed on the Exchange? No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange The Company will make arrangements for Ms Goh to attend the training in the roles and responsibilities of a director of a listed issuer as prescribed by the Singapore Exchange within one year from the date of her appointment to the Board.
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) Not Applicable