News
Change - Announcement Of Appointment Of Alternate Director
BackApr 30, 2021
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Apr 30, 2021 23:22 |
| Status | New |
| Announcement Sub Title | Appointment of Alternate Director |
| Announcement Reference | SG210430OTHR7TEZ |
| Submitted By (Co./ Ind. Name) | Tan Kheng Hwee Andrew |
| Designation | Chief Executive Officer |
| Effective Date and Time of the event | 03/05/2021 00:00:00 |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Mr Romano William Fanconi as Alternate Director to Dr Pietro Brenni |
| Additional Details | |
| Date Of Appointment | 03/05/2021 |
| Name Of Person | Romano William Fanconi |
| Age | 56 |
| Country Of Principal Residence | Switzerland |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Romano William Fanconi was previously the Alternate Director to Mr Marcel Poser who has ceased to be a director of the Company on 30 April 2021. Based on his contribution and participation in Board meetings, the Board is of the view that with he will continue to bring valuable insights vital to the strategic interest of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Non-executive |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Alternate Director to Dr Pietro Brenni |
| Professional qualifications | Bachelor Degree in Business Administration from Lucerne School of Economics and Business Administration |
| 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 | 1995 to Present: Managing Partner of FFC Fincoord Finance Coordinators AG Executive Board Member of Tectus Group S.A. |
| 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 | 80,000 shares in BBR Holdings (S) Ltd |
| # 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) | FFC Fincoord Holding AG - Board member Proceq US Inc - Director Proceq Trading (Shanghai) Co. Ltd. - Supervisor Icelandic Water Holdings hf. - Board member |
| Present | Switzerland: FFC Fincoord Finance Coordinators Ltd. - Managing Partner Tectus S.A. - Board member Proceq S.A. - Board member BBR Holding A.G. - Board member BBR VT International Ltd - Board member GEHAG Real Estate AG - Board member Vektor AG (in Liquidation) -Liquidator Virtually Live (Switzerland) GmbH - Director NeuroPro AG - Chairman United Kingdom: Virtually Live Holding Ltd. - Director Vesalius Holdings Ltd - Director Canada: Contessa Development Inc. - Board member Singapore: Proceq Asia Pte Ltd - Director |
| (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? | Yes |
| If Yes, Please provide details of prior experience | He is currently the alternate director to Mr Marcel Poser who has resigned from the Board of the Company on 30 April 2021. |
| 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 |