| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Feb 4, 2022 18:33 |
| Status | New |
| Announcement Sub Title | Appointment of Non-Independent Non-Executive Director |
| Announcement Reference | SG220204OTHRYSIL |
| Submitted By (Co./ Ind. Name) | Chung Chee Khuen |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Au Foong Yee as Non-Independent Non-Executive Director of the Company. This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Ms Foo Jien Jieng, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg. |
| Additional Details | |
| Date Of Appointment | 04/02/2022 |
| Name Of Person | Au Foong Yee |
| Age | 64 |
| Country Of Principal Residence | Malaysia |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Nominating Committee ("NC") had reviewed the qualification and experience of Au Foong Yee ("Ms Au"); and recommended her appointment. The Board having deliberated on NC's recommendation, approved the appointment of Ms Au as Non-Independent Non-Executive Director 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.) | Non-Independent Non-Executive Director, AC Member, NC Member and RC Member |
| Professional qualifications | Malaysian Certificate of Education |
| 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 | Ms Au was the founding Managing Director and Editor-in-Chief of The Edge Property Sdn Bhd, Managing Director of The Edge Communications Sdn Bhd. In July 2016, Ms Au relinquished the role of Managing Director of The Edge Communications Sdn Bhd to helm and drive The Edge Property Sdn Bhd. Retired from the role of Managing Director and Editor-in-Chief of The Edge Property Sdn Bhd in December 2021, she has been appointed Editor Emeritus of The Edge Communications Sdn Bhd. Tong Kooi Ong, the outgoing non-independent non-executive Chairman and current controlling shareholder of 3Cnergy Limited has interests in The Edge Property Sdn Bhd and The Edge Communications Sdn Bhd. |
| Conflict of interests (including any competing business) | None |
| Working experience and occupation(s) during the past 10 years | Ms Au was the founding Managing Director and Editor-in-Chief of The Edge Property Sdn Bhd, which owns the EdgeProp.my (previously known as TheEdgeProperty.com) weekly publication and www.EdgeProp.my. Retired from the role of Managing Director and Editor-in-Chief of The Edge Property Sdn Bhd in December 2021, she has been appointed Editor Emeritus of The Edge Malaysia. During 2011 to 2016, Ms Au went on to be an Executive Editor and Chief Marketing Officer before being promoted to Managing Director of The Edge Malaysia. In July 2016, Ms Au relinquished the role of Managing Director of The Edge Malaysia to helm and drive The Edge Property Sdn Bhd. In January 2022 Ms Au was also been appointed a member of the Malaysian Ministry of Housing and Local Government's Panel of Experts (POE). She sits on the Board of LGM Properties Corporation (LGMPC), a corporation of the Malaysian Rubber Board. |
| 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 | 3Cnergy Limited: Au Foong Yee holds 2,000,000 ordinary shares jointly with spouse, Lu Ping Liang |
| # 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. Edge Insider Sdn Bhd 2. Harmoni Pelangi Sdn Bhd 3. The Edge Communications Sdn Bhd 4. The Edge Property Sdn Bhd 5. Edgeprop Sdn Bhd 6. Harmoni Bintang Sdn Bhd 7. Equilands Sdn Bhd 8. Black and Turquoise Production Sdn Bhd |
| Present | 1. The Edge Galerie Sdn Bhd 2. Pepper Events Sdn Bhd 3. LGM Properties Corporation |
| (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? | No |
| If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange | Ms Au Foong Yee will be attending trainings on the roles and responsibilities of a director of a listed issuer as prescribed by the Singapore Exchange Securities Trading Limited |
