SGX proposes new Board appointments

August 26, 2011 at 12:00 AM EDT
SGX proposes new Board appointmentsThe Board of Singapore Exchange (SGX) today announced the proposed appointment of Mr Davinder Singh and Mr Quah Wee Ghee as non-executive and independent directors of SGX.

Mr Singh has a strong legal background, and is currently CEO of Drew & Napier LLC, a Singapore legal firm. He also has Board experience and is currently a director of Petra Foods Limited, PSA International Pte Ltd, and Singapore Technologies Engineering Pte Ltd.

Mr Quah has long experience in investment management and served as president of GIC Asset Management till June 2011. He is currently advisor to the Government of Singapore Investment Corporation Pte Ltd Executive Committee.

SGX shareholders will vote on the proposed appointment of Mr Singh and Mr Quah at the 12th Annual General Meeting on 6 October 2011.


Note to Editors:
As required under Rule 704 (7) of the Listing Manual, details of the proposed appointment of Mr Singh and Mr Quah, and the cessation of Mr Ho Tian Yee as a non-executive non-independent SGX director, and the cessation of Mr Low Check Kian as non-executive and independent SGX director, are contained in separate SGXNet announcements made today.

The retirement of Mr Ho and Mr Low by rotation at the Annual General Meeting this year was announced on 26 July 2011.


-End-