| Appointment Details | ||
| Date of Appointment | 01/06/2010 | |
| Name | Masli Mulia | |
| Age | 64 | |
| Country of principal residence | Indonesia | |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The appointment of Mr Masli Mulia as Non-Executive Chairman is in line with the succession planning, and compliance with the Code of Corporate Governance. | |
| Whether appointment is executive, and if so, area of responsibility | Non-Executive | |
| Job Title | Non-Executive Chairman | |
| Working experience and occupation(s) during the past 10 years | (2010 to current) PT. Samudera Indonesia Tbk., President Director (2007 to 2010) Samudera Shipping Line Ltd, Executive Director (1990 to 2010) PT. Samudera Indonesia Tbk., Corporate Managing Director of Forwarding Group (1996 to current) PT. Masaji Prayasa Cargo, President Director (1990 to current) PT. Samudera Perdana, President Director (1990 to current) PT. Masaji Tatanan Container, President Director |
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| Shareholding in the listed issuer and its subsidiaries | None | |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Husband of Mrs Chandraleika Mulia, a shareholder of PT. Ngrumat Bondo Utomo (substantial shareholder of PT. Samudera Indonesia Tbk., which is a substantial shareholder of the Company). | |
| Conflict of interest | None | |
| Other Directorship | ||
| Past (for the last five years) | None | |
| Present | PT. Samudera Indonesia Tbk., President Director PT. Samudera Perdana, President Director PT. Masaji Prayasa Cargo, President Director PT. Masaji Tatanan Container, President Director PT. Masaji Kargosentra Tama, President Director PT. GAC Samudera Logistics, President Director PT. Silkargo Indonesia, President Director PT. Samudera Wadah Mitra, President Director PT. Ngrumat Bondo Utomo, Director PT. EMKL Gita Dharma, Director PT. Samudera Reksositi, Director |
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| 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 |
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| (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 |
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| (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 |
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| (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 |
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| 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? | Yes | |
| If yes, please provide details of prior experience. |
Prior to the current appointment, Mr Masli Mulia is an Executive Director of the Company and President Director of PT. Samudera Indonesia Tbk, a company listed in the Jakarta Stock Exchange, Indonesia. |
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| Other Notes | ||
| Footnotes | Following his appointment as Non-Executive Chairman, Mr Masli Mulia will relinquish his executive position and re-designated as a Non-Executive Director. | |