Change - Announcement of Appointment::Appointment of Independent Director
Issuer & Securities
Issuer/ ManagerDISA LIMITED
SecuritiesDISA LIMITED - SG0532000247 - 532
DISA LIMITED W170802 - SG42S0000000 - 42BW
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast09-May-2017 19:51:03
StatusNew
Announcement Sub TitleAppointment of Independent Director
Announcement ReferenceSG170509OTHRLHQJ
Submitted By (Co./ Ind. Name)Kenneth Leong
DesignationCompany Secretary
Description (Please provide a detailed description of the event in the box below)This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("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. Ong Hwee Li (Registered Professional, SAC Capital Private Limited).
Address: 1 Robinson Road, #21-02 AIA Tower, Singapore 048542. Telephone number: +65 6532 3829
SAC Capital Private Limited is the parent company of SAC Advisors Private Limited.
Additional Details
Date Of Appointment11/05/2017
Name Of PersonLoh Eu Tse Derek
Age51
Country Of Principal ResidenceSingapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)The Board of Directors of the Company, having reviewed and considered the qualifications, experiences and independence of Mr Loh Eu Tse Derek ("Mr Loh"), considers him to be independent and, upon the recommendations of the Nominating Committee, has approved the appointment of Mr Loh as Independent Director and member of the Audit Committee, Nominating Committee and Remuneration Committee of the Company.
Whether appointment is executive, and if so, the area of responsibilityNon-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent director, member of the Audit Committee, Nominating Committee and Remuneration Committee of the Company.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNil
Conflict of interests (including any competing business)Nil
Working experience and occupation(s) during the past 10 years2001 to current: Executive Director in TSMP Law Corporation
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)Allens Singapore Pte. Ltd.
PresentTSMP Law Corporation
Vietnam Enterprise International Ltd
Vibrant Group Ltd
Metech International Ltd
Adventus Holdings Ltd
St Joseph's Institution International Elementary School Ltd.
St Joseph's Institution International Ltd.
St Joseph's Institution Foundation
Lasallian Asia Partnership for International Schools
Camembert Holdings 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; orYes
If Yes, Please provide full detailsMr Loh was a director of Flextech Holdings Ltd (now known as ("Dragon Group International Limited")) ("DGIL"), when DGIL and its board of directors (including Mr Loh) were called up for questioning by CAD due to a technical non-compliance involving no dishonesty or fraud on the part of the Board. No charges were proceeded with and the Board members received a warning from CAD in relation to the aforementioned incident. Mr Loh resigned from the DGIL Board about 5 years ago.
(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; orNo
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; orNo
(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?Yes
If Yes, Please provide full detailsMr Loh was a director of Flextech Holdings Ltd (now known as ("Dragon Group International Limited")) ("DGIL"), when DGIL and its board of directors (including Mr Loh) were called up for questioning by CAD due to a technical non-compliance involving no dishonesty or fraud on the part of the Board. No charges were proceeded with and the Board members received a warning from CAD in relation to the aforementioned incident. Mr Loh resigned from the DGIL Board about 5 years ago.
Any prior experience as a director of a listed company?Yes
If Yes, Please provide details of prior experienceIndependent Non-executive director of Vibrant Group Ltd, Adventus Holdings Ltd, Metech International Ltd and Vietnam Enterprise International Ltd