MARKETS & INVESTING | Staff Reporter, Singapore

Best World International appoints Chan Pengee, Adrian as non-executive independent director

He was the chairman of nominating and a member of audit and remuneration committee.

Mr Chan is a Senior Partner at the law firm, Lee & Lee, and is Head of the Corporate Department of the firm.

He is a member of the Legal Service Commission, which is a body constituted pursuant to the Constitution of the Republic of Singapore. He is also a Board member of the Accounting and Corporate Regulatory Authority of Singapore. In addition, the SGX has appointed him to its Catalist Advisory Panel to review Catalist Sponsor and Registered Professional applications.

He was the First Vice-Chairman of the Singapore Institute of Directors and currently serves as the Deputy Chairman of its Advocacy and Research Committee. He is a Council member of the Law Society of Singapore and chairs its Corporate Practice Committee. He currently chairs the Panel of the Institute of Corporate Law at ACRA. He sits on the Corporate Governance and Regulations Committee of the Singapore International Chamber of Commerce, the Board of Shared Services for Charities Limited, which is a registered charity and an Institution of a Public Character, and on the Ethics Review Committee of the Singapore Polytechnic.

He has been appointed to the Corporate Governance and Directors Duties Working Group of the Steering Committee that was established by the Ministry of Finance to review and rewrite the Companies Act of Singapore. He has also co-authored Singapore's first "Annotated Code of Corporate Governance" for Lexis-Nexis that is published in Woon's Corporations Law. Mr Chan has been elected to and continues to serve on the Executive Council of the Association of Small and Medium Enterprises as its Honorary Secretary. He currently serves on the Pro-Enterprise Panel, chaired by the Head of Civil Service and supported by the Ministry of Trade & Industry, which addresses feedback from the private sector on unnecessary or outdated government rules that hinder businesses and stifle entrepreneurship with a view to eliminating red-tape.

He is an independent director on the board of several publicly listed companies on the Singapore Stock Exchange and has previously been Non-Executive Chairman of AEM Holdings Ltd and Nobel Design Holdings Ltd.

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