Change - Announcement Of Appointment Of Chief Operating Officer

Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Feb 6, 2018 23:02
Status New
Announcement Sub Title Appointment of Chief Operating Officer
Announcement Reference SG180206OTHR1HN5
Submitted By (Co./ Ind. Name) Mr. Wuthichai Chongcharoenrungrot
Designation Senior Manager, Legal & Corporate Affairs Dept.
Description (Please provide a detailed description of the event in the box below) Appointment of Chief Operating Officer
Additional Details
Date Of Appointment 06/02/2018
Name Of Person Mr. Mark Midgley
Age 52
Country Of Principal Residence Thailand
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) The Company, on the recommendation of the Nomination Committee, and after evaluating Mr. Mark Midgley's qualifications and extensive work experience in the offshore oil and gas industry, considered that his appointment will contribute to the Company's strategy to strengthen, enhance and expand its subsea services business across various regions and hence deliver sustainable growth and performance to the Company as a whole.

Following this appointment, the Company shall hereafter have two Chief Operating Officers each reporting directly to the Chief Executive Officer. Dr. Vincent Siaw shall oversee the Company's various strategic investments and corporate business initiatives and Mr. Mark Midgley shall manage and expand the Company's subsea services business worldwide.
Whether appointment is executive, and if so, the area of responsibility This is an executive appointment.

Responsible for managing and overseeing the subsea services business of the Company.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Operating Officer
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 2012-2016
Chief Executive Officer
Daya Offshore Construction Sdn. Bhd.

2010-2012
Commercial Director
DeepOcean AS

2009-2010
Project Director
SWG Offshore

2008-2009
Project Director
Hydrodive

2006-2008
Subsea Team Manager
Global Industries
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) None.
Present None.
(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 a listed company? No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company This is not an appointment of a director of a listed company.