Change - Announcement of Appointment::APPOINTMENT OF INDEPENDENT DIRECTOR
Issuer & Securities
Issuer/ ManagerCHASWOOD RESOURCES HOLDINGS LTD.
SecuritiesCHASWOOD RESOURCES HLDGS LTD. - SG2E59979590 - 5TW
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast20-Sep-2018 22:38:36
StatusNew
Announcement Sub TitleAPPOINTMENT OF INDEPENDENT DIRECTOR
Announcement ReferenceSG180920OTHR167A
Submitted By (Co./ Ind. Name)ANDREW ROACH REDDY
DesignationMANAGING DIRECTOR
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
("Sponsor"), Asian Corporate Advisors Pte Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Company's Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made. This announcement has not been examined or approved by the Exchange and the Exchange 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 Liau H. K.
Telephone number: 6221 0271
Additional Details
Date Of Appointment20/09/2018
Name Of PersonEr Kwong Wah
Age72
Country Of Principal ResidenceSingapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)Following the retirement of Christopher John Mcauliffe as the Independent Director, Mr. Er Kwong Wah was recommended to the Nominating Committee for his appointment as the Independent Director for the purpose of complying with the code of Corporate Governance and the Listing Manual Section B: Rules of Catalist of the SGX ST.

The Nominating Committee and the Board have reviewed, assessed and concluded that Mr. Er Kwong Wah, possesses the requisite qualification and experience to carry out his duties as the Independent Director of the Company, and accordingly approved his appointment as the Independent Director 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 Non-Executive Director, Chairman of Nominating Committee, Member of Audit Committee and Member of Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNo
Conflict of interests (including any competing business)No
Working experience and occupation(s) during the past 10 yearsFebruary 2001 - December 2016
Executive Director, East Asia Institute of Management
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)1. Unidux Electronics Ltd
2. Hartawan Holdings Ltd
3. China Oilfield Technology Services Group Ltd
4. Tsao Foundation
5. Infinity Capital Partners (S) Pte Ltd
6. Raffles Institution (S) Pte Ltd
7. Raffles Junior College (S) Pte Ltd
8. Keluarga International Pte Ltd
9. East Asia Institute of Management Pte Ltd
10. Firstlink Investments Corp Ltd
11. Success Dragon International Holdings Ltd
Present1. COSCO Shipping International (Singapore) Co., Ltd
2. CFM Holdings Limited
3. China Essence Group Ltd
4. The Place Holdings Limited
5. GKE Corporation Limited
6. China Sky Chemical Fiber Co., Ltd.
7. China Environment Ltd
8. The Thai Prime Fund Limited
9. Ecowise Holdings Limited
10. China Dongyuan Environment 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?Yes
If Yes, Please provide full detailsMr. Er is currently an independent non-executive director of China Sky Chemical Fiber Co., Ltd of which has been placed under the judicial management of a judicial manager pursuant to an order to be made by the Court under Section 227B and the provisions of Part VIIIA of the Companies Act.
(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; orNo
(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. Er was reprimanded by SGX on 16 December 2011 and was subsequently placed in the Director Watchlist due to certain non-compliance of SGX's directives by China Sky Chemical Fiber Co., Ltd of which Mr. Er is an independent non-executive director. Mr. Er has subsequently been removed from the Director Watchlist by SGX on 24 July 2018.
Any prior experience as a director of a listed company?Yes
If Yes, Please provide details of prior experiencePresent Directorships

1. COSCO Shipping International (Singapore) Co., Ltd.
2. CFM Holdings Limited.
3. The Place Holdings Limited.
4. GKE Corporation Limited.
5. China Sky Chemical Fiber Co., Ltd.
6. China Environment Ltd.
7. Ecowise Holdings Limited.

Past Directorships in the last 5 years.
1. Firstlink Investments Corp Ltd.
2. Success Dragon International Holdings Ltd.
3. Hartawan Holdings Ltd.
4. Unidux Electronics Ltd.
5. China Oilfield Technology Services Group Ltd.