Change - Announcement of Appointment::Appointment of Mr. Pun Chi Yam Cyrus as an Executive Director

Issuer & Securities

Issuer/ Manager
YOMA STRATEGIC HOLDINGS LTD.
Securities
YOMA STRATEGIC HOLDINGS LTD - SG1T74931364 - Z59
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
09-Aug-2024 19:55:08
Status
New
Announcement Sub Title
Appointment of Mr. Pun Chi Yam Cyrus as an Executive Director
Announcement Reference
SG240809OTHR5OBW
Submitted By (Co./ Ind. Name)
Melvyn Pun
Designation
Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Pun Chi Yam Cyrus as an Executive Director

Additional Details

Date Of Appointment
01/09/2024
Name Of Person
Pun Chi Yam Cyrus
Age
44
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The appointment of Mr. Pun Chi Yam Cyrus as an Executive Director was recommended by the Nominating and Governance Committee and approved by the Board, after taking into consideration Mr. Pun Chi Yam Cyrus's qualifications, working experience, past contributions and knowledge of the Group's operations.

Please refer to the Company's announcement on "Yoma Strategic Announces Leadership Transition" dated 24 July 2024.
Whether appointment is executive, and if so, the area of responsibility
Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Professional qualifications
Bachelor of Science in Economics, London School of Economics
Executive MBA, Kellogg-HKUST
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
(i) Son of Mr. Serge Pun, a substantial shareholder of the Company; and (ii) brother of Mr. Pun Chi Tung Melvyn, the Chairman and Chief Executive Officer of the Company.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
2007 to 2012
- Director of Development and Project Coordinator of SPA (Dailan) Development Co., Ltd., China

2012 to 2019
- Executive Director and Head of Real Estate of Yoma Strategic Holdings Ltd.

2019 to to-date
- Chief Executive Officer of Memories Group Pte. Ltd. (formerly known as Memories Group 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
Direct interest: 888,000 ordinary shares.
# 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)
Please see attachment.
Present
Please see attachment.
(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
Mr. Cyrus Pun has experience as a director of an issuer listed on the Exchange as he was an Executive Director of the Company from February 2011 to January 2019. He was also a Non-Executive Non-Independent Director of the Company from February 2019 to December 2021 and from January 2022 to July 2024, he was an Alternate Director to Mr. Serge Pun (the Executive Chairman of the Company from January 2022 to July 2024).

Mr. Cyrus Pun has also been appointed as the Executive Director and Chief Executive Officer of Memories Group Limited (now known as Memories Group Pte. Ltd.) since February 2019 until its delisting from the Catalist board of the Singapore Exchange Securities Trading Limited on 18 January 2023.

Attachments

List of Directorships Past Present - Pun Chi Yam Cyrus.pdf
Total size =60K