Newsroom
Change - Announcement Of Appointment Of Director
BackMar 01, 2018
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Mar 1, 2018 18:56 |
| Status | New |
| Announcement Sub Title | Appointment of Director |
| Announcement Reference | SG180301OTHRIDGH |
| Submitted By (Co./ Ind. Name) | Sean Lee Yun Feng |
| Designation | CEO |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Director |
| Additional Details | |
| Date Of Appointment | 01/03/2018 |
| Name Of Person | Teo Junxiang Darren |
| Age | 34 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Nominating Committee has reviewed the credentials of Mr Teo Junxiang Darren and believes Mr Darren Teo has the qualification and experience to act in the appointed capacity. As recommended by the Nominating Committee, the Board approved his appointment. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Executive Director |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive Director Member of the Remuneration Committee |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Conflict of interests (including any competing business) | None |
| Working experience and occupation(s) during the past 10 years | Business Development Executive for Super Group Ltd (2007 - 2009) - Assisted key management in strategy planning and overseas business expansion. - Spearheaded a restructuring exercise for Super Group which led the Group to focus on its core F&B business and disposing its non-core activities. - Implemented dual engine of growth strategy Branded Consumer & Food Ingredients Corporate Strategy and Business Development Manager for Super Group Ltd (2009 - 2014) - Established Super Group s Corporate & Investor Relations Team Group Assistant General Manager for Strategy and Business Development for Super Group Ltd (2014 - 2016) - Oversaw the Group s overall strategy and commercial activities. Executive Director of Super Group Ltd (2016 - Jul 2017) Managing Partner of Apricot Capital Pte Ltd (Aug 2017 to Present) - Sourcing good investments opportunities, evaluating and managing acquired investments |
| 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? | Yes |
| Shareholding Details | 19.28% deemed interest. Apricot Capital Pte. Ltd. holds a total of 678,571,428 shares in MPML, of which 607,142,857 shares are held directly, and 71,428,571 shares are held by Watiga Trust Pte. Ltd. on behalf of Apricot Capital Pte Ltd. Mr Darren Teo owns 20% of the issued and paid-up share capital of Apricot Capital and is deemed to be interested in the 678,571,428 shares in MPML by virtue of Section 4 of the Securities and Futures Act (Chapter 289) of Singapore. |
| # 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) | Super Group Ltd Strategic Marketing & Distribution Pte Ltd Owl Beverage Specialists Pte Ltd |
| Present | TLH Capital Pte Ltd The Golden Duck Pte Ltd Apricot Capital Pte Ltd Apricot Capital Asset Management Pte Ltd, (f.k.a Play Space Pte Ltd) Andorian Pte Ltd Lian Beng (8) Pte Ltd Rio Casa Venture Pte Ltd Oxley Serangoon Pte Ltd Apricot Capital (Niseko) Pte Ltd W167 Capital Pte Ltd Children's Cove Preschool Pte Ltd Shelford Capital Sdn Bhd Play Space Pte Ltd (f.k.a Apricot Play Pte Ltd) Apricot Capital (Cayman) 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 a listed company? | Yes |
| If Yes, Please provide details of prior experience | Super Group Ltd |
