News
Change - Announcement Of Appointment Of Mr. Lwi Tong Boon As Alternate Director To Mr. Fumitoshi Imaizumi
16 Apr 2024
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Apr 16, 2024 17:40 |
| Status | New |
| Announcement Sub Title | Appointment of Mr. Lwi Tong Boon as Alternate Director to Mr. Fumitoshi Imaizumi |
| Announcement Reference | SG240416OTHRN0JN |
| Submitted By (Co./ Ind. Name) | Mathew George Jordan |
| Designation | Executive Director and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Mr. Lwi Tong Boon as Alternate Director to Mr. Fumitoshi Imaizumi |
| Additional Details | |
| Date Of Appointment | 16/04/2024 |
| Name Of Person | Lwi Tong Boon |
| Age | 55 |
| Country Of Principal Residence | Singapore |
| Date of last re-appointment (if applicable) | 28/04/2023 |
| The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | The Board, having considered the recommendation of the Nominating Committee, and assessed Mr Lwi Tong Boon's qualifications and experience, is of the view that he has the requisite experience and capabilities to assume the duties and responsibilities as Alternative Director to Mr. Fumitoshi Imaizumi. |
| Whether appointment is executive, and if so, the area of responsibility | Alternate Director to Mr. Fumitoshi Imaizumi. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Alternate Director to Mr. Fumitoshi Imaizumi. |
| Professional qualifications | i. Bachelor of Accountancy (Honours) from the Nanyang Technological University of Singapore ii. Fellow Chartered Accountant of Singapore with the Institute of Singapore Chartered 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 | No |
| Conflict of interests (including any competing business) | No |
| Working experience and occupation(s) during the past 10 years | i. June 2023 to present: Chief Corporate Development Officer of Exeo Global Pte Ltd. ii. August 2021 to May 2023: Chief Corporate Development Officer of DeClout Pte. Ltd. iii. February 2019 to July 2021: Chief Financial Officer of Yangon Aerodrome Company Limited iv. October 2014 to November 2018: Senior Manager / Team Lead of Tricor Singapore Pte Ltd v. November 2013 to October 2014: Chief Financial Officer of Riverton (S) Pte Ltd vi. April 2011 to October 2013: Chief Financial Officer of DeClout Limited |
| 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? | Yes |
| Shareholding Details | 300,000 ordinary shares in Procurri Corporation Limited |
| # 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) | DHOST GLOBAL INC INCLUDING DHOST GLOBAL INC (SINGAPORE BRANCH) |
| Present | ASCENT SOLUTIONS PTE LTD ACCITIUS SERVICES PTE LTD SMMZ PTE LTD MACH STEVENS PTE LTD EIF GENERAL PARTNER PTE. LTD. EXEO INNOVATION FUND MANAGEMENT PTE. LTD. EIF INVESTMENT HOLDING PTE. LTD. EXEO GLOBAL VENTURES PTE. LTD. DHOST PHILIPPINES, INC DHOST PTE LTD |
| (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? | Yes |
| If Yes, Please provide details of prior experience | Procurri Corporation Limited from 15 June 2022 to 16 April 2024 |