News
Change - Announcement Of Appointment Of Non-Executive And Non-Independent Director
BackDec 31, 2025
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Dec 31, 2025 19:51 |
| Status | New |
| Announcement Sub Title | Appointment of Non-Executive and Non-Independent Director |
| Announcement Reference | SG251231OTHROYHU |
| Submitted By (Co./ Ind. Name) | Ms Ratna Maknawi |
| Designation | Executive Vice Chairman |
| Description (Please provide a detailed description of the event in the box below) | The Board of Directors wishes to announce the appointment of Mr Charles Loo Cheau Leong as the Non-Executive and Non-Independent Director. |
| Additional Details | |
| Date of appointment | 01/01/2026 |
| Name of person | Charles Loo Cheau Leong |
| Age | 51 |
| Country of principal residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | The Company had entered into a Subscription and Sale of Shares Agreement dated 13 August 2010 (the "Agreement") with Newbloom Pte Ltd (the "Subscriber"). Under the Agreement, the Subscriber would be allowed to appoint a Non-Executive Director to the Board. The Subscriber has nominated Mr Charles Loo Cheau Leong as the Non-Executive Director in place of Mr Darwin Indigo, who has resigned as a Non-Executive and Non-Independent Director. Having reviewed the resume and background of Mr Charles Loo Cheau Leong, the Board of Directors, upon the recommendation of the Nominating Committee, is of the view that Mr Charles Loo Cheau Leong is suitable for appointment as Non-Executive Director of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Executive |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Executive and Non-Independent Director, Member of Audit and Risk Management Committee, Member of Remuneration Committee |
| Professional qualifications | Chartered Accountant - The Institute of Singapore Chartered Accountant |
| Working experience and occupation(s) during the past 10 years | Wilmar International Limited - Deputy COO and CFO (From February 2024) - CFO (From June 2020) - Deputy CFO (From January 2020 to June 2020) - Deputy Group Financial Controller (From January 2017 to January 2020) - Senior Finance Manager (From August 2010 to December 2016) |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | NA |
| Conflict of interest (including any competing business) | Nominee of Newbloom Pte Ltd (Subsidiary of Wilmar International Limited) |
| Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer | Yes |
| Other Principal Commitments* Including Directorships# * "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance. # These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8). |
|
| Past (for the last 5 years) | Please refer to the attached. |
| Present | Please refer to the attached. |
| Information Required Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given. (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 |
| Disclosure applicable to the appointment of director only. Any prior experience as a director of an issuer listed on the Exchange? |
No |
| 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. | No |
| Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable). | The Company will make arrangements for Mr Loo to undergo relevant training, if necessary. |
Attachments
- Kencana_Agri_List_of_past_directorships.pdf (Size: 54,824 bytes)
- Kencana_Agri_List_of_present_directorships.pdf (Size: 150,332 bytes)