Change - Announcement of Appointment::Appointment of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
AP OIL INTERNATIONAL LIMITED
Securities
AP OIL INTERNATIONAL LIMITED - SG1K10892752 - 5AU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
28-Oct-2024 18:07:17
Status
New
Announcement Sub Title
Appointment of Chief Financial Officer
Announcement Reference
SG241028OTHRQDZ2
Submitted By (Co./ Ind. Name)
Ho Chee Hon
Designation
Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Chief Financial Officer of the Company

Additional Details

Date Of Appointment
28/10/2024
Name Of Person
Ewe Tuck Foong
Age
52
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 Company has engaged in an extensive search process reviewing both internal and external candidates. The management, Nominating Committee ("NC") and Audit Committee ("AC") considered Mr Ewe Tuck Foong's qualification and work experience, and recommended to the Board that he is suitable to carry out the duties as Chief Financial Officer of the Group.

Following the recommendation of the NC and AC, and having regard to the qualifications and experience of Mr Ewe, the Board is satisfied that Mr Ewe has the requisite capability and experience and approves of his appointment as Chief Financial Officer of the Group.
Whether appointment is executive, and if so, the area of responsibility
Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Professional qualifications
Chartered Accountant of Institute of Singapore Chartered Accountants (ISCA)

Fellow Chartered Certified Accountant of Association of Chartered Certified Accountants (ACCA)
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
September 2022 to September 2024
Financial Controller of Beyond Wellness Group Pte Ltd

January 2022 to July 2022
Financial Controller of Guthrie Engineering (S) Pte Ltd

November 2020 to September 2021
Chief Financial Officer of Clean Earth Technologies Ltd

June 2020 to November 2020
Chief Financial Officer of Tee International Limited

October 2016 to April 2019
Chief Financial Officer of HPC Holdings Ltd

November 2011 to November 2015
Chief Financial Officer of Wee Hur Holdings 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?
No
# 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)
No
Present
No
(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
Yes
If Yes, Please provide full details
Mr Ewe was the CFO of Tee International Limited ("TIL") from June 2020 to November 2020. For the avoidance of doubt, he was not involved and had not been asked to assist in the investigation of TIL.
(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?
Yes
If Yes, Please provide full details
Mr Ewe was the CFO of Tee International Limited ("TIL") from June 2020 to November 2020. For the avoidance of doubt, he was not involved and had not been asked to assist in the investigation of TIL.
(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
Not applicable