| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | APPOINTMENT OF INDEPENDENT DIRECTOR |
| Securities | CEDAR STRATEGIC HOLDINGS LTD (CEDAR) |
| Date & Time of Broadcast | Apr 15, 2014 18:27 |
| Submitted By | Ong Beng Hong Company Secretary |
| Description | This announcement was prepared by Cedar Strategic Holdings Ltd. (the "Company") and its contents have been reviewed by the Company's Continuing Sponsor, Stamford Corporate Services Pte Ltd (Sponsor), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (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 Company's Sponsor is Mr Ng Joo Khin whose details are set out below: Telephone number: +65 6389 3000 Email: jookhin.ng@stamfordlaw.com.sg |
| Appointment Details | |
| Date of appointment | Apr 15, 2014 |
| Name of person | Tay Hun Kiat |
| Age | 53 |
| Country of principal residence | Singapore |
| The Board's comments on this appointment | The Board is of a view that Mr Tay Hun Kiat's experience and ability to contribute to the Board will provide guidance to the management of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | The appointment is not executive. |
| Job title | Independent Director, Chairman of the Nominating and Corporate Governance Committee, AC member and RC member. |
| 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) | Nil. |
| Working experience and occupation(s) during the past 10 years | Partner of Prometheus Partners Limited - (2013 to Current)
Executive Vice President in Singbridge Corporate Private Limited - (2013) CEO and Director of Sino-Singapore Guangzhou Knowledge City Investment and Development Company, Limited - (2010 to 2013) CEO (Infrastructure) of Universal Success Limited - (2008 to 2010) President (Asia Pacific Operations) of Singapore Technologies Electronics Limited - (2004 to 2008) |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| Other Directorships | |
| Note: 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) | Sino-Singapore Guangzhou Knowledge City Investment and Development Company, Limited and Guangzhou Knowledge City Ascendas Business Park Development Company, Limited |
| Present | HK Consulting Private Limited, State Motor Company (Private) Limited and State Trading Pte. Ltd. |
| Information Required Persuant To Listing Rule 704(7)(H) | |
| (a) Whether at any time during the past 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 any 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 with 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 persuant to Listing Rule 704(7)(I) | |
| Note: Disclosure applicable to the appointment of Director only | |
| Any prior experience as a director of a listed company? | Yes |
| If yes, please provide full details | Jointly organised by SID and SGX on 18 November 2011, conducted in China. |