Change - Announcement of Appointment::Re-designation of Chief Executive Officer to Executive Chairman and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
DYNA-MAC HOLDINGS LTD.
Securities
DYNA-MAC HOLDINGS LTD. - SG2C93967918 - NO4
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
23-Sep-2022 17:25:28
Status
New
Announcement Sub Title
Re-designation of Chief Executive Officer to Executive Chairman and Chief Executive Officer
Announcement Reference
SG220923OTHRYRGG
Submitted By (Co./ Ind. Name)
Liew Meng Ling
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Re-designation of Chief Executive Officer to Executive Chairman and Chief Executive Officer

Additional Details

Date Of Appointment
01/10/2022
Name Of Person
Lim Ah Cheng
Age
48
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)
On the recommendation of the Nominating Committee, the Board has approved the appointment of Mr Lim Ah Cheng as the Executive Chairman of the Board taking into consideration that Mr Lim had exhibited leadership, strategic vision, experience, commitment and dedication since his appointment as Chief Executive Officer. Mr Lim will be re-designated as the Executive Chairman and Chief Executive Officer.
Whether appointment is executive, and if so, the area of responsibility
Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer
Professional qualifications
Bachelor of Engineering in Mechanical Engineering (National University of Singapore)
Masters of Engineering (National University of Singapore)
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
2004-2015
Keppel FELS Limited (Senior Project Manager, Assistant General Manager in Operations, Assistant General Manager in Commerical & General Manager in Planning & Control)

2015-2017
Offshore Technology Development Pte Ltd (General Manager)

2017-28 February 2020
Keppel Sea Scan Pte Ltd & Green Scan Pte. Ltd. (Executive Director)

March 2020 - Current
Dyna-Mac Holdings Ltd. (Chief Executive Officer)
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
Ordinary Shares - 3,920,000
Contingent Share Awards - 2,059,000
# 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)
Keppel Sea Scan Pte Ltd
Green Scan Pte. Ltd.
Present
Dyna-Mac Holdings Ltd.
Dyna-Mac Engineering Services Pte Ltd
Dyna-Mac Marine and Heavy Engineering Pte. Ltd.
Dyna-Mac Offshore Services Pte. Ltd.
DM Haven Automation Industries (S) 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
Dyna-Mac Holdings Ltd.