Change - Announcement of Appointment::Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
JADASON ENTERPRISES LTD
Securities
JADASON ENTERPRISES LTD - SG1I79884330 - J03
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
11-Mar-2026 17:15:48
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG260311OTHRGZWU
Submitted By (Co./ Ind. Name)
Fung Chi Wai
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Sung Sze Yat Kenneth ("Mr Sung") as Executive Director

Additional Details

Date of appointment
11/03/2026
Name of person
Sung Sze Yat Kenneth
Age
56
Country of principal residence
Hong Kong
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board of Directors is of the opinion that Mr Sung can contribute positively to the Company after reviewing the Nominating Committee's recommendation and Mr Sung's qualifications, extensive experience and suitability.
Whether appointment is executive, and if so, the area of responsibility
Executive.

Mr. Sung Sze Yat Kenneth supports the CEO in strategy and growth initiatives. He oversees Jadason Technology Limited and Metason Limited operations, ensures regulatory compliance, manages key client relationships, and is responsible for delivering financial performance.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Professional qualifications
The University of Hong Kong - Bachelor of Science in Computer Science, 1992
Working experience and occupation(s) during the past 10 years
1999 - Present
Director and Founder, Jadason Technology Limited
2014 - Present
Director and Founder, Metason Limited
2017- 2024
Member, Advisory Committee, Innovation and Technology Venture Fund (ITVF), Hong Kong SAR Government.
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
Deemed Interest - 318,904,900 ordinary shares
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Sung is the son of Queeny Ho who is currently our Non-Executive Chairman and substantial Shareholder with a deemed interest of approximately 22.43% in the Company's shares.
Conflict of interest (including any competing business)
None
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
1. Sam Yat Limited
2. Jadason Technology Sdn. Bhd.
Present
1. Jadason Technology Limited
2. Metason Limited
3. Hysteric International Limited
4. Gips Holdings Limited
5. Gips Limited
6. Social Hub Entertainment (Asia) Limited
7. Sun Po Asia Limited
8. Happy Pleasure Group Limited
9. Shining Music Entertainment Limited
10. Espercorp Limited
11. J Cube Inc.
12. Illumination Research Pte Ltd.
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(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
Disclosure applicable to the appointment of director only.
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.
The Company will arrange for Mr Sung to attend the training prescribed by the Exchange on the roles and responsibilities of a director of a listed company within one (1) year from the date of appointment.