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Stock Exchange Announcements and Reports

Change - Announcement Of Appointment Of Director (Mr Narayanan Sreenivasan)

BackSep 20, 2016

Announcement Title	Change - Announcement of Appointment
Announcement Subtitle	Announcement of Appointment of Director (Mr Narayanan Sreenivasan)
Securities	FIRST SHIP LEASE TRUST (FSTRUST)
Date & Time of Broadcast	Sep 20, 2016 17:27
Submitted By	Timothy James Reid Non-Independent Non-Executive Chairman
Description	Announcement of Appointment of Director (Mr Narayanan Sreenivasan)
Appointment Details
Date of appointment	Sep 20, 2016
Name of person	Narayanan Sreenivasan
Age	55
Country of principal residence	Singapore
The Board's comments on this appointment	The holding company of the Trustee-Manager, FSL Asset Management Pte. Ltd., has appointed Mr Narayanan Sreenivasan as a Director of FSL Trust Management Pte. Ltd. (as Trustee-Manager of First Ship Lease Trust).
Whether appointment is executive, and if so, the area of responsibility	Non-executive
Job title	Director
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	Advocate and Solicitor, Managing Director, Straits Law Practice LLC
Shareholding interest in the listed issuer and its subsidiaries	No
Other Directorships
Note: 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. UMS Holdings Ltd (Director, Chairman Remuneration Committee and member Audit and Nomination committees from 1 March 2008 to 29 April 2013) 2. MUFG Fund Services (Singapore) Pte Ltd (Director from 1 October 2012 to 3 May 2016)
Present	1. Straits Law Practice LLC (Managing Director from 2 May 2003 to date, Director from 5 April 2001 to date) 2. Kyran International Services Pte Ltd (Director from 3 May 2005 to 24 August 2008, 1 September 2013 to date) 3. Q & M Dental Group (Singapore) Limited (Chairman and Director, member Audit, Remuneration and Nomination committees from 14 October 2009 to date) 4. Singapore Business Federation Foundation Limited (Director from 20 June 2013 to date) 5. Hydroinformatics Institute Pte Ltd (Director from 19 May 2016 to date) 6. Palmer Information Services Pte Ltd (Director from 23 September 2014 to date)
Information Required Persuant To Listing Rule 704(7)(H)
(a) Whether at any time during the past 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 any 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 with 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 persuant to Listing Rule 704(7)(I)
Note: Disclosure applicable to the appointment of Director only
Any prior experience as a director of a listed company?	Yes
If yes, please provide full details	Mr Narayanan Sreenivasan is the Non-Executive Independent Chairman of Q & M Dental Group (Singapore) Limited, from 14 October 2009 to date. He is also member of the Audit, Nomination and Remuneration committees for the same period. Mr Narayanan Sreenivasan was independent director and member of the Audit and Nomination Committees and chairman of the Remuneration Committee of UMS Holdings Ltd from 1 March 2008 to 29 April 2013.