Ocean Sky International Limited - Ocean Sky International Ltd ...

(f) There is no shareholding qualification for Directors in the Articles of Association of our
Company.
(g) Save as disclosed below, none of our Directors or Executive Officers or controlling
shareholders is or was involved in any of the following events:-
(i) a petition under any bankruptcy laws filed in the last 10 years in any jurisdiction
against him or any partnership in which he was a partner;
(ii) a petition under any law of any jurisdiction filed in the last 10 years against a
corporation of which he was a director or key executive for the winding up of that
corporation on the ground of insolvency;
(iii) unsatisfied judgments against him;
(iv) a conviction 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;
(v) a conviction 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 criminal
proceedings which he is aware of) for such breach;
(vi) judgement has been entered against him, during the last 10 years, 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 the
subject of any civil proceedings (including any pending civil proceedings which is
aware of) involving an allegation of fraud, misrepresentation or dishonesty on his part;
(vii) a conviction in Singapore or elsewhere of any offence in connection with the formation
or management of any corporation;
(viii) disqualification from acting as a director of any company, or from taking part in any
way directly or indirectly in the management of any company;
(ix) 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; and
(x) 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 (ii) any corporation or partnership 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 the period when he was so concerned with the corporation or partnership.
From 1994 to 1997, Mr Chua Keng Hiang was involved in the management of a company
incorporated in China when the company was on two occasions interviewed by the Chinese
authorities for non-compliance with certain customs regulations. In one of the occasions, the
company’s bonded warehouse staff abused the facilities for personal gain and absconded. In
another occasion, the company’s local agent engaged to handle the company’s imports
misrepresented to the company and breached certain customs regulations. No charges
were brought against the company in both instances.
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