A Chief Executive Officer or a Trading Representative may be appointed as a non-executive director of an SGX-ST listed company (but not as an executive director) subject to the following:
(a) The Chief Executive Officer or Trading Representative must inform SGX-ST of the proposed appointment in writing at least 14 days before the effective date of appointment.
(b) The Chief Executive Officer or Trading Representative must furnish SGX-ST at least seven days before the effective date of appointment with:
(i) an explanation of how conflicts of interest that may arise from the dual appointments have been addressed; and
(ii) an undertaking to disclose to customers the directorship as and when necessary for the discharge of the Chief Executive Officer's or Trading Representative's responsibilities.
(c) The Trading Member must inform SGX-ST in writing at least seven days before the effective date of appointment that it is aware of the directorship and is satisfied that conflicts of interest have been sufficiently addressed.