Announcement Of Appointment Of Chief Operating Officer - International

BackJul 01, 2013
Appointment Details
Date of Appointment 01/07/2013
Name Chandra Supandi
Age 39
Country of principal residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) The Board of Directors approved the appointment of Mr Chandra Supandi Wijaya as Chief Operating Officer - International of the Company, upon recommendation of the Nominating Committee for appointment after the selection process which included a review of his qualifications and experience.
Whether appointment is executive, and if so, area of responsibility Executive. To oversee the international operations of the Group.
Job Title Chief Operating Officer - International
Working experience and occupation(s) during the past 10 years 1998 to present - Director of PT. Simarona Lestari
2002 to present - Director of PT. Wokiki Exports
2011 to present - Director of Bonchon Singapore Pte. Ltd.
2012 to present - Director of PT Chaswood Resources Jakarta
2008 to 2010 - Director of PT. Cahaya Panca Prima
2010 to 2012 - Director of Waraku Thailand Co., Ltd.
Shareholding in the listed issuer and its subsidiaries Mr Chandra Supandi owns 45,000 shares in PT Chaswood Resources Jakarta ("PT CRJ"), representing 15% interest in the paid-up share capital of PT CRJ.

PT CRJ is an indirect subsidiary of the Company.
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries Nil
Conflict of interest Mr Chandra Supandi is a shareholder and holds various positions in other food and beverage establishment as follows:

1. Company : Bonchon Singapore Pte. Ltd.
Equity Interest : 28.0%

2. Company : Waraku Thailand Co., Ltd.
Equity Interest : 14.4%

3. Company : PT Rakumen Berkat Gemilang
Equity Interest : 22.0%

4. Company : PT Cahaya Panca Prima
Equity Interest : 24.0%

Given that he has no executive duties in these companies, there is no material conflict of interest. Various clauses have been incorporated in his employment contract to prevent conflict of interest.
Other Directorship
Past (for the last five years) Waraku Thailand Ltd. Co.
PT Cahaya Panca Prima
Present Bonchon Singapore Pte. Ltd.
APS Management Pte. Ltd.
PT Wokiki Exports
Rica Global Pte. Ltd.
Information required pursuant to Listing Rule 704(7)(h)
a. Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner? No
b. Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency? No
c. Whether there is any unsatisfied judgement 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 for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) 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 been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach? No
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 requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation 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 corporation? No
h. Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation? No
i. Whether he has ever been the subject of any order, judgement 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, No
  in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?  
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
Information required pursuant to Listing Rule 704(7)(i)
  Any prior experience as a director of a listed company?
Other Notes
Footnotes This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "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 and Sponsor assume 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 Eric Wong (Director, Corporate Finance), CIMB Bank Berhad, Singapore Branch, 50 Raffles Place #09-01 Singapore Land Tower, Singapore 048623, telephone (65) 6337 5115.