Announcement Of Appointment Of General Manager

Date of appointment:	01 Jul 2004
Name:	Choo Eng Chye, Royce
Age:	50
Country of principal residence:	Singapore
Whether appointment is executive, and if so, the area of responsibility:	Responsiblities include fleet control, shore operations, ships chartering, vessel deployment as well as shipping documentation.
Working experience and occupation(s) during the past 10 years:	2001 - Current Deputy General Manager, Samudera Shipping Line Ltd, Singapore Responsibilities include fleet control, shore operations as well as shipping documentation. 1999 - 2001 Operations Manager, Samudera Shipping Line Ltd, Singapore Responsible for all operational matters including shipping documentation, logistics and vessels repair and maintenance. 1995 - 1998 Senior Manager, Thong Soon Shipping Lines Pte Ltd, Singapore Responsibilities include handling of vessels, ships planning and other technical aspects including vessels repair and maintenance. 1992 - 1994 Operations Director, Stellar Marine Services Pte Ltd, Singapore Responsible for crewing and ships management, chartering and operations of tankers, plying in local and regional trade up to Far East region and agency related matters.

Other directorships

Past:	None
Present:	None
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:	None
Conflict of interest:	None

Information required by Rule 704(7)(h) Disclose the following matters concerning a director, chief executive officer, general manager or other executive 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, 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 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 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, 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 which he is aware of) 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 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, 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 (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?
	No

Submitted by
Anwarsyah, Executive Director
on 02/07/2004 to the SGX