Change - Announcement Of Appointment Of Non-Executive Director
28 October 2016
| Announcement Title | Change - Announcement of Appointment |
| Announcement Subtitle | Appointment of Non-Executive Director |
| Securities | MERMAID MARITIME PUBLIC CO LTD (MERMAID) |
| Date & Time of Broadcast | Oct 28, 2016 18:31 |
| Submitted By | Ms. Rujiraporn Hengtrakool Manager, Legal & Corporate Affairs Dept. |
| Description | Appointment of Mr. Jitender Pal Verma, Non-Executive Director |
| Appointment Details | |
| Date of appointment | Oct 28, 2016 |
| Name of person | Mr. Jitender Pal Verma |
| Age | 52 |
| Country of principal residence | TH |
| The Board's comments on this appointment | Mr. Verma is presently Senior Executive Vice President and Group Chief Financial Officer of Thoresen Thai Agencies Public Company Limited, the Company's controlling shareholder. The Company, on the recommendation of the Nomination Committee, having considered Mr. Jitender Pal Verma's qualifications and experience, has recommended the appointment of Mr. Verma as a Non-Executive Director. He will be also served as a Member of the Executive Committee and the Nomination Committee of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | This is a non-executive appointment. |
| Job title | Non-Executive Director |
| 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 | Senior Executive Vice President and Group Chief Financial Officer Thoresen Thai Agencies Public Company Limited December 2015 - Present Executive Director & Chief Financial Officer Jindal Stainless Limited November 2011 - March 2015 Chief Financial Officer and Acting Managing Director Thainox Stainless Public Company Limited (currently known as POSCO-Thainox Stainless Public Company Limited) August 2005 - October 2011 Finance Director Asia Dole Asia, Philippines August 2003 - August 2005 Asia Regional Treasurer Dole Food Company, Hong Kong April 2002 - August 2003 Finance Director and Controller Dole Thailand Limited April 1998 - April 2002 Finance Director Seagate Technology August 1996 - February 1998 |
| 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) | 1. Jindal Stainless Limited; and 2. Thainox Stainless Public Company Limited |
| Present | 1. Thoresen Shipping Singapore Pte. Ltd.; 2. Thoresen & Company (Bangkok) Ltd.; 3. Soleado Holdings Pte. Ltd.; 4. Gulf Agencies Company (Thailand) Ltd.; 5. GAC Thoresen Logistics Ltd.; 6. Petrolift Inc.; 7. Chidlom Marine Services & Suppliers Ltd. 8. Thoresen Shipping FZE; and 9. Fearnleys (Thailand) 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 | 1. Thoresen Thai Agencies Public Company Limited; 2. Thainox Stainless Public Company Limited; and 3. Jindal Stainless Limited |