Change - Announcement of Appointment::Appointment of Nomination Committee Member - Ms. Huang Shaoli

Issuer & Securities

Issuer/ Manager
WILLAS-ARRAY ELEC (HLDGS) LTD
Securities
WILLAS-ARRAY ELEC (HLDGS) LTD - BMG9643L1349 - BDR
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Jun-2025 18:16:29
Status
New
Announcement Sub Title
Appointment of Nomination Committee Member - Ms. Huang Shaoli
Announcement Reference
SG250630OTHRYSGB
Submitted By (Co./ Ind. Name)
Xie Lishu
Designation
Chairman and Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Nomination Committee Member

Additional Details

Date Of Appointment
30/06/2025
Name Of Person
Huang Shaoli
Age
48
Country Of Principal Residence
China
Date of last re-appointment (if applicable)
28/07/2023
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Ms. Huang is currently a non-executive director of Willas-Array Electronics (Holdings) Limited. The Board has considered the Nomination Committee's recommendation and assessment of Ms. Huang's background, qualifications, experience, and commitment in the discharge of her duties as a Director of Willas-Array Electronics (Holdings) Limited, and being satisfied that she has the requisite capabilities to contribute to the Board, has approved her appointment.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-executive Director, Member of Nomination Committee
Professional qualifications
Master of business administration, Raffles University, 2023
Junior College Degree in International Business, Shanghai Institute of Science & Technology Management, 1999
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
Yes, she is the wife of Mr. Xie Lishu ("Mr. Xie"), the chairman of the Board and an executive director as well as a controlling shareholder of the Company.
Conflict of interests (including any competing business)
Mr. Xie and Ms. Huang (collectively, the "Appointed Directors") are directors and substantial shareholders of Shanghai YCT. Since the Company and Shanghai YCT (including their respective underlying entities) are in the same industry (i.e., an authorized distributor of electronic components for use in various industries as well as provision of engineering solutions), have the same or similar business model, operate in the same geographical region and have overlapping upstream suppliers and customers, the Appointed Directors may face potential conflicts of interests.

The Company has adopted measures to implement effective conflicts of interest management and delineate the business of the Company from that of Shanghai YCT, including an enforceable non-competition undertaking from the Appointed Directors in favour of the Company.

Further, the Appointed Directors shall also recuse themselves from discussions and decisions of the Board in relation to matters where potential conflicts of interests may arise, and shall abstain from voting as directors on such matters.

For details, please refer to the announcements of the Company on SGXNET dated May 19, 2023 and June 30, 2025.
Working experience and occupation(s) during the past 10 years
Vice President, Shanghai YCT Electronics Group Co., Ltd. ("Shanghai YCT") (2010 - 2019)
Director, Shanghai YCT (2019 - present)
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
Ms. Huang is deemed interested in 76,955,745 ordinary shares of the Company.
# 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)
Nil
Present
Director, Shanghai YCT Electronics Group Co., Ltd.
Director, Kunshan Archer Electronics Co., Ltd.
Director, Texin (HongKong) Electronics Co. Limited
Chairman, Shenzhen E-MANTECH Ltd
Director, Jieyang Xuze Electronic Parts Co., Ltd
Director, Nanjing Shenlichuang Technology Co., Ltd.
Director, Shanghai Xuhe Energy Saving Technology Co. Ltd
Director, Shanghai Xuze Electronic Components Co., Ltd
Director, Shanghai YCT Shengxin Engineering Management Co., Ltd.
Director, Shenzhen Ouchuangxin Semiconductor Co., Ltd
Director, Sunac Micro (Shanghai) Electronic Technology Co., Ltd.
Director, WE COMPONENTS (SHANGHAI) CO LTD
Director, WINSTAR INVESTMENT MANAGEMENT PTE LTD
Director, Xinsida Components (Shanghai) Co., 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
Non-executive director, Willas-Array Electronics (Holdings) Limited (SGX stock code: BDR; HKEX stock code: 854) (May 2023 - present)