{"id":989994,"date":"2023-03-13T18:06:00","date_gmt":"2023-03-13T18:06:00","guid":{"rendered":"https:\/\/www.mun-siong.com\/?p=989994"},"modified":"2023-05-04T13:47:46","modified_gmt":"2023-05-04T13:47:46","slug":"change-announcement-of-appointment","status":"publish","type":"post","link":"https:\/\/www.mun-siong.com\/change-announcement-of-appointment\/","title":{"rendered":"Change – Announcement of Appointment"},"content":{"rendered":"
\n

Updated: Mar 13<\/p>\n\n\n\n

Appointment of Group Chief Operating Officer<\/p>\n\n\n\n

Date of Appointment<\/p>\n\n\n\n

13\/3\/2023<\/p>\n\n\n\n

Name of Person<\/p>\n\n\n\n

Sean Safavinejad<\/p>\n\n\n\n

Age<\/p>\n\n\n\n

39<\/p>\n\n\n\n

Country Of Principal Residence<\/p>\n\n\n\n

United States of America<\/p>\n\n\n\n

The Board’s comments on this appointment( including rationale, selection criteria, board diversity considerations, and the search and nomination process)<\/p>\n\n\n\n

The appointment of Sean Safavinejad as Group Chief Operating Officer (“Group COO”) of the Company and its Group of Companies (the “Group”), was duly reviewed by the Company’s Nominating Committee and the Board of Directors (the ”Board”). Having reviewed and considered Sean Safavinejad ‘s qualifications and work experience, the Board is of the view that he is competently capable to deliver the duties and responsibilities as a Group COO. The Board has approved his appointment as the Group COO.<\/p>\n\n\n\n

Whether appointment is executive, and if so, the area of responsibility<\/p>\n\n\n\n

Executive<\/p>\n\n\n\n

Mr Sean Safavinejad ‘s primary role is to oversee all key aspects of the Group’s operations and is responsible for ensuring sustainable and profitable operations of the Group, as well as identifying and securing new business for the Group.<\/p>\n\n\n\n

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)<\/p>\n\n\n\n

Group Chief Operating Officer<\/p>\n\n\n\n

Professional qualifications<\/p>\n\n\n\n

Bachelor’s and Master’s in Electrical Engineering<\/p>\n\n\n\n

Master’s of Business Administration in Operations Management, Strategy and Marketing<\/p>\n\n\n\n

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<\/p>\n\n\n\n

None<\/p>\n\n\n\n

Conflict of interests(including any competing business)<\/p>\n\n\n\n

None<\/p>\n\n\n\n

Working experience and occupation(s) during the past 10 years<\/p>\n\n\n\n

-Exxon Mobil Corporation, US<\/p>\n\n\n\n

-Refinery Engineering Manager<\/p>\n\n\n\n

-Refinery Business Operations Manager – Crude Distillation and Alkylation processing units<\/p>\n\n\n\n

-Mechanical Engineering Group Leader<\/p>\n\n\n\n

-Refinery Financial Analyst and Economist<\/p>\n\n\n\n

Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))<\/p>\n\n\n\n

Yes<\/p>\n\n\n\n

Shareholding interest in the listed issuer and its subsidiaries<\/p>\n\n\n\n

No<\/p>\n\n\n\n

# These fields are not applicable for announcements of appointment pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).<\/p>\n\n\n\n

Past (for the last 5 years)<\/p>\n\n\n\n

None<\/p>\n\n\n\n

Present<\/p>\n\n\n\n

None<\/p>\n\n\n\n

(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?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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, on the ground of insolvency?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(c) Whether there is any unsatisfied judgement against him?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable within imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(f) Whether at any time during the last 10 years, judgement has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirements 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?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of:-<\/p>\n\n\n\n

(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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 future 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?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

(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?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

Any prior experience as a director of an issuer listed on the Exchange?<\/p>\n\n\n\n

No<\/p>\n\n\n\n

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<\/p>\n\n\n\n

Not applicable<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Updated: Mar 13 Appointment of Group Chief Operating Officer Date of Appointment 13\/3\/2023 Name of Person Sean Safavinejad Age 39 Country Of Principal Residence United States of America The Board’s comments on this appointment( including rationale, selection criteria, board diversity considerations, and the search and nomination process) The appointment of Sean Safavinejad as Group Chief Operating…<\/p>\n","protected":false},"author":3,"featured_media":989508,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1,56],"tags":[],"_links":{"self":[{"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/posts\/989994"}],"collection":[{"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/comments?post=989994"}],"version-history":[{"count":3,"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/posts\/989994\/revisions"}],"predecessor-version":[{"id":990952,"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/posts\/989994\/revisions\/990952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/media\/989508"}],"wp:attachment":[{"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/media?parent=989994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/categories?post=989994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mun-siong.com\/wp-json\/wp\/v2\/tags?post=989994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}