KS Energy appoints two non-executive directors

Ernest Seow Teng Peng will also be a member of the Audit Committee while Lawrence Stephen Basapa will be a member of the Remuneration Committee.

The Board of KS Energy announced the appointment of Ernest Seow Teng Peng and Lawrence Stephen Basapa as non-executive independent directors.

Mr Seow, 68, has been in the public accounting profession for approximately 40 years, and has functioned as an audit partner of international public accounting firms for 24 years.  In 2004, he retired as a partner of PricewaterhouseCoopers LLP.

During his time in the public accounting profession, he was the audit engagement partner for a number of public listed companies in Singapore and was involved in the public listing of several companies on the Singapore Exchange. During the course of his professional work, he also provided advice on settling up internal controls, restrucrturing and financial matters, according to a KS Energy report.

Meanwhile, Lawrence Stephen Basapa, 67, was an Independent Director of SSH Corporation Ltd from October 2005 before it was delisted, is a trustee of three estates, and manages personal investments in Singapore and Thailand.