News
Change - Announcement Of Appointment Of Financial Controller
BackOct 20, 2022
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Oct 20, 2022 17:37 |
| Status | New |
| Announcement Sub Title | Appointment of Financial Controller |
| Announcement Reference | SG221020OTHRLK18 |
| Submitted By (Co./ Ind. Name) | Dato' Sri Pek Kok Sam |
| Designation | Executive Director & Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Ms. Chong Yee Ching ("Ms. Chong") is currently the accounts and finance manager of the Company since 2015 (prior to the initial public offering of the Company). She will be appointed as the Financial Controller of the Company following her promotion with effect from 1 November 2022. The Company was listed on the Catalist board of the Singapore Exchange Securities Trading Limited (the "Exchange") on 26 June 2020. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). This announcement has been reviewed by the Company's Sponsor. It has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document. The contact person for the Sponsor is Mr Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg. |
| Additional Details | |
| Date Of Appointment | 01/11/2022 |
| Name Of Person | Chong Yee Ching |
| Age | 48 |
| Country Of Principal Residence | Malaysia |
| The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | Ms. Chong's appointment was nominated by the Nominating Committee who, having reviewed the qualifications, work experience and suitability of Ms. Chong, is satisfied that Ms. Chong possesses the requisite experience to carry out her duties as the Financial Controller of the Company and recommended her appointment to the Audit Committee for further assessment and the Board for approval. The Board has concurred with the recommendation from the Nominating Committee and Audit Committee and approved Ms. Chong's promotion to Financial Controller. |
| Whether appointment is executive, and if so, the area of responsibility | Executive. Ms Chong reports directly to the Chief Executive Officer and to the Board of Directors and is responsible for the overall financial accounting and reporting function of the Company, including treasury and corporate regulatory compliance. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Financial Controller |
| Professional qualifications | Bachelor of Accounting from University of Malaya Chartered Accountant with The Malaysian Institute of Accountants Certified Public Accountant with The Malaysian Institute of Certified Public Accountants |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries | None |
| Conflict of interests (including any competing business) | None |
| Working experience and occupation(s) during the past 10 years | June 2020 to 31 October 2022 Southern Alliance Mining Ltd Accounts and Finance Manager May 2015 to June 2020 Honest Sam Development Sdn Bhd Accounts and Finance Manager October 2013 to May 2015 Minufa Automobile Sdn Bhd Group Finance and Administrative Manager December 2009 to September 2013 MMN Bina Sdn Bhd Finance Manager |
| Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) | Yes |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| # These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8). | |
| Past (for the last 5 years) | None |
| Present | None |
| (a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? | No |
| (b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, 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, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) 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 has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) 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 of which he is aware) 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 entity or business trust? | No |
| (h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? | 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 | No |
| (ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or | No |
| (iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or | No |
| (iv) any entity or business trust 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 that period when he was so concerned with the entity or business trust? | No |
| (k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? | No |
| Any prior experience as a director of an issuer listed on the Exchange? | No |
| If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange | N/A |