Change - Announcement of Appointment::APPOINTMENT OF CHIEF EXECUTIVE OFFICER
Issuer & Securities
Issuer/ Manager
JASPER INVESTMENTS LIMITED
Securities
JASPER INVESTMENTS LIMITED - SG1W79939920 - FQ7
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
06-Jun-2024 05:26:50
Status
New
Announcement Sub Title
APPOINTMENT OF CHIEF EXECUTIVE OFFICER
Announcement Reference
SG240606OTHR17X9
Submitted By (Co./ Ind. Name)
Ng Joo Khin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see particulars of Mr Goh Hao Kwang Dennis in relation to his appointment as the Chief Executive Officer of the Company and of the Group.
Additional Details
Date Of Appointment
06/06/2024
Name Of Person
Goh Hao Kwang, Dennis
Age
49
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)
Having reviewed his qualifications and work experience, as well as his past contributions to the Group, the Nominating Committee has recommended, and the Board of Directors of the Company (the "Board") have approved the re-designation of Mr. Goh Hao Kwang, Dennis as Executive Director and Chief Executive Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive.
As Chief Executive Officer and Executive Director, the area of responsibility includes leading the long-term and short-term strategies of the Group, envisioning and managing the overall direction and resources of the Group, leading the Group to a path of growth and returns, and acting as the main point of communication between the Board and the Management team.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Professional qualifications
Masters of Philosophy in Economics (University of Cambridge)
Honorary Fellow, Cambridge Commonwealth Trust (1998)
Bachelor of Science in Economics (London School of Economics and Political Science), First Class Honours
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
Co-Founder / Executive Chairman, Lyte Ventures Pte. Ltd. (2017 to May 2024)
Partner, Wavemaker Partners
(2014 to 2017)
Director, International Digital Media, Group Digital Life, Singtel
(2012 to 2014)
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
With regard to his shareholding interest in the Issuer, Mr Goh has entered into a convertible loan note subscription agreement for the subscription of 230,303,030 shares, and there will be further issuances and allotments of shares to Mr. Goh pursuant to a conversion of, amongst others, directors fees and payment for certain contributions in the form of shares in the Company.
Please refer to the announcements which the Company will be releasing shortly.
# 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)
Future-Proof Software Pte Ltd
Swavit Pte. Ltd.
Azure-Lyte Fund Pte Ltd
Present
National Library Board
Lyte Ventures Pte. Ltd.
Fundflow Pte Ltd
Lytepay Pte Ltd
Lyte Principal Pte Ltd
Lyte Ventures Interna-tional Pte Ltd
Mercuno Ventures Pte Ltd
Lyte Capital Pte Ltd
Satcuatro Ventures Pte Ltd
Mardos Ventures Pte Ltd
Jupitres Ventures 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
Mr. Goh Hao Kwang Dennis is an existing director of the Company
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable)
Not Applicable.
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