Change - Announcement Of Appointment Of Independent Non-Executive Director
BackNov 03, 2023
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Nov 3, 2023 17:26 |
| Status | New |
| Announcement Sub Title | Appointment of Independent Non-Executive Director |
| Announcement Reference | SG231103OTHR63F8 |
| Submitted By (Co./ Ind. Name) | Eunice Hooi |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Independent Non-Executive Director |
| Additional Details | |
| Date Of Appointment | 01/12/2023 |
| Name Of Person | Ms Wong Swee Ping, Shirley |
| Age | 59 |
| 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) | As part of the board renewal process, the Nominating Committee ("NC") of NetLink NBN Management Pte. Ltd. (as Trustee-Manager of NetLink NBN Trust) has reviewed the credentials and experience of Ms Wong (as set out below) and has recommended her appointment as an Independent Non-Executive Director and as a member of the Audit Committee. The Board of Directors of the Trustee-Manager, having considered the NC's recommendation and Ms Wong's credentials and experience, has approved her appointment as an Independent Non-Executive Director of the Trustee-Manager and a member of the Audit Committee. |
| 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 - Member of Audit Committee |
| Professional qualifications | City & Guilds of London Institute - Electrical & Electronics Engineering Diploma |
| 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 | None |
| Conflict of interests (including any competing business) | None |
| Working experience and occupation(s) during the past 10 years | Ms Wong is currently the Managing Partner of TNF Ventures Pte Ltd, a seed and early stage venture fund that focuses on technology startups. Prior to her current role, Ms Wong oversaw the management and operations of the BT Frontline group in Asia Pacific, where she led the professional services business for Cyber Security, Healthcare and Applications Development. From 2013 to 2016, Ms Wong was the Chairman of Singapore Infocomm Technology Federation which is now known as SGTech. Since 2013, Ms Wong's focus shifted to investing in technology based startups and mentoring startups while remaining keenly passionate about entrepreneurship and innovative technology to drive efficiencies. In the startup scene, Ms Wong actively helps startups to secure funding and gain market access. In contributing back to the eco-system, Ms Wong has been appointed as the Entrepreneur-in-Residence to catalyze the creation of investor ready startups by assisting Singapore Management University's Institute of Innovation & Entrepreneurship to develop a world class incubation programme. Ms Wong was appointed as the Chairperson of President s Technology Award from 2017 to 2019. This award gives recognition to research scientists and engineers in Singapore who have made outstanding contributions to R&D resulting in the invention or a discovery of significant technology with industrial applications. Ms Wong is also the Chairperson of Lee Kuan Yew Global Business Plan Competition, a convening platform for young innovators and investors on Smart Cities Innovation in Asia. Ms Wong serves on the board of Assurity Trusted Solutions, DSO National Laboratories, National Kidney Foundation and Yellow Ribbon Singapore. She is currently a member of CAAS authority committee member of Cybersecurity and Data Governance committee, PDPA Advisory and SIA Engineering Technology Advisory board. Ms Wong previously served on the board of Singapore Science Center, Infocomm Development Authority, Infocomm Media Development Authority of Singapore and Accel Systems & Technologies. Ms Wong is recognized as Singapore 100 Women in Tech 2020 for her contribution to the tech sector. |
| 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) | - Singapore Science Center - Infocomm Development Authority - Infocomm Media Development Authority of Singapore - Accel Systems & Technologies Pte Ltd |
| Present | - Assurity Trusted Solutions Pte Ltd - DSO National Laboratories - National Kidney Foundation - Yellow Ribbon Singapore - PDPA Advisory - Alumni Services Pte Ltd - Wonder Strategic International 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; 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 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 | Ms Wong will be attending training on the roles and responsibilities of a listed issuer as prescribed by the Exchange. |
| 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 |