Change - Announcement of Appointment::Appointment of Executive Director and Chief Operating Officer

Issuer & Securities

Issuer/ Manager
ARTIVISION TECHNOLOGIES LTD.
Securities
ARTIVISION TECHNOLOGIES LTD - SGXE15822534 - TVV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
18-Feb-2021 20:40:34
Status
New
Announcement Sub Title
Appointment of Executive Director and Chief Operating Officer
Announcement Reference
SG210218OTHR732Q
Submitted By (Co./ Ind. Name)
Harry Ng Weng Sui
Designation
Non-Executive Non-Independent Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Director and Chief Operating Officer.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist ("Catalist Rules").

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 6636 4201.

Additional Details

Date Of Appointment
18/02/2021
Name Of Person
Kim Moon Soo
Age
53
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Following the completion of the acquisition by the Company of Mobile Credit Payment Pte. Ltd. and as approved by the shareholders of the Company at the extraordinary general meeting of the Company on 22 January 2021, Mr Kim Moon Soo was appointed to the Board of Directors of the Company ("Board") as part of the re-constitution of the Board.

The Board, having considered the recommendation of the Nominating Committee and having reviewed and considered the qualifications, working experience and suitability of Mr Kim Moon Soo, is of the view that Mr Kim Moon Soo has the requisite experience and capability to assume the responsibility as Executive Director and Chief Operating Officer of the Company.

Accordingly, the Board approved the appointment of Mr Kim Moon Soo as Executive Director and Chief Operating Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Kim Moon Soo will be responsible for the strategic direction, key partnership, deal negotiations, product delivery, branding, communication and business compliance of the Company and its subsidiaries (the "Group") as well as the overall strategic direction and regional development of the Group outside of Singapore.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Operating Officer
Professional qualifications
Bachelor of Arts degree
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, save for Mr Kim Moon Soo being a shareholder of the Company (details as set out below).
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Jan 2013 - Present
Managing Director, MC Payment (M) Sdn. Bhd.

Aug 2005 - Dec 2012
Executive Director, Mobile Credit Payment Pte. Ltd.
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
3,831,884 ordinary shares (1.46%) 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)
Other Principal Commitments:
Nil

Directorships:
Movingu Pte. Ltd.
MC Payment (HK) Limited
Present
Other Principal Commitments:
Nil

Directorships:
Mobile Credit Payment Pte. Ltd.
MC Payment (M) Sdn Bhd
MC Payment (Thailand) Co., Ltd.
Ffastpay Pte. Ltd.
Genesis Payment Solutions Private Limited
(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
Mr Kim Moon Soo will complete the relevant training in Singapore to familiarise himself with the roles and responsibilities of a director of a public listed company in Singapore (as prescribed by the Exchange) within one year from his appointment.