Announcement Of Appointment Of Independent Director
| Name of Announcer * | HALCYON AGRI CORPORATION LIMITED |
| Company Registration No. | 200504595D |
| Announcement submitted on behalf of |
HALCYON AGRI CORPORATION LIMITED |
| Announcement is submitted with respect to * |
HALCYON AGRI CORPORATION LTD |
| Announcement is submitted by * |
Robert Meyer |
| Designation * | Executive Chairman and CEO |
| Date & Time of Broadcast | 01-Oct-2013 17:15:44 |
| Announcement No. | 00072 |
| Additional Details | |
| Date of Appointment * | 01/10/2013 |
| Name of Person | JASON LEWIS BARAKAT-BROWN |
| Age * | 39 |
| Country of principal residence * | Singapore |
| The Board’s comments on this appointment (including rationale, selection criteria, and the search and nomination process) * |
The Board has constantly been on the watch for talent to contribute to the Group at the Board level. The appointment of Mr Barakat-Brown, a well-qualified and experienced individual, complements the competencies and skills of present Board members. His nomination as an Independent Director was made by the Nominating Committee, and the Board, after having reviewed Mr Barakat-Browns qualifications and experience, approved the appointment of Mr Barakat-Brown as an Independent Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility * |
Independent and Non-Executive |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) |
Chairman of Remuneration Committee and Member of Audit Committee and Nominating Committee |
| Working experience and occupation(s) during the past 10 years * |
Jan 2013 Current Managing Director and Head of Advisory, Religare Capital Markets Pte. Ltd. April 2012 Jan 2013 Managing Partner, Candor Advisory Partners Pte. Ltd. April 2001 Aug 2011 Managing Director and Joint Head of M&A/ Corporate Finance, UBS Singapore |
| Interest * in the listed issuer and its subsidiaries * |
Direct interest of 150,000 ordinary shares |
| 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) * |
None |
| Other Directorship | |
| Past (for the last 5 years) | None |
| Present | Director, Candor Advisory Partners Pte. Ltd. Director, Venta Belgarum Pte. Ltd. |
| Information required present to listing rule 704(7)(H) | |
| (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? |
No |
| Information required present to listing rule 704(7)(I) | |
| 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 will arrange for Mr Barakat-Brown to attend relevant training to familiarise himself with the roles and responsibilities of a director of a public listed company, including seminars conducted by the Singapore Institute of Directors. |
| Footnotes | The Company was listed on Catalist of the Singapore Exchange Securities Trading Limited (the SGX-ST”) on 1 February 2013. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the Sponsor”). This announcement has been prepared by the Company and its contents have been reviewed by the Sponsor for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street, #21-02 Equity Plaza, Singapore 049705, telephone . |