Change - Announcement of Appointment::ANNOUNCEMENT OF PROMOTION OF RELATIVE OF DIRECTOR, CEO OR SUBSTANTIAL SHAREHOLDER

Issuer & Securities

Issuer/ Manager
TAI SIN ELECTRIC LIMITED
Securities
TAI SIN ELECTRIC LIMITED - SG1F88861140 - 500
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Jul-2021 17:36:45
Status
New
Announcement Sub Title
ANNOUNCEMENT OF PROMOTION OF RELATIVE OF DIRECTOR, CEO OR SUBSTANTIAL SHAREHOLDER
Announcement Reference
SG210701OTHRA53U
Submitted By (Co./ Ind. Name)
TAN SHOU CHIEH
Designation
SECRETARY
Description (Please provide a detailed description of the event in the box below)
ANNOUNCEMENT OF PROMOTION OF RELATIVE OF DIRECTOR, CEO OR SUBSTANTIAL SHAREHOLDER

Additional Details

Date Of Appointment
01/07/2021
Name Of Person
Lim Boon Hoh Benedict (Lin Wenhe, Benedict)
Age
41
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Lim Boon Hoh Benedict was promoted by the Management of CAST Laboratories Pte Ltd ("Cast Lab") after an annual review of staff performance and remuneration.
Whether appointment is executive, and if so, the area of responsibility
Executive appointment in Cast Lab:-

- To oversee the entire laboratory operations to support the achievement of budgeted annual sales and Profit Before Tax targets in alignment with the direction as agreed with the Cast Lab CEO.

- Collaborate with the Cast Lab Management in developing and driving the operational strategy of Cast Lab, including key management change and business transformation initiatives, in line with the organisational vision of Cast Lab.

- Drive laboratory operations which include activities across the Logistics, Purchasing, Human Resource and Administration functions in Cast Lab.

- Set and monitor achievement of goals for laboratory operations' performance and growth in Logistics, Purchasing, Human Resource and Administration functions so as to fall in line with the goals set for the business.

- Promote and deploy best practices in the laboratory operations' Logistics, Purchasing, Human Resource and Administration.

- Exercise control over the functions of Logistics, Purchasing, Human Resource and Administration of the laboratory operations.

- Chart clear succession plans and talent development programmes.

- Build high-performing teams for testing and inspection with high integrity.

- Build a culture in which individuals can thrive, in tandem with the growth of the business.

- Enforce good corporate governance and sustainability in Cast Lab.

- Oversee and lead the departments in continual improvement activities.

- Manage company facilities for operation effectiveness.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager - Operations of Cast Lab
Professional qualifications
Member of Working Group on Testing / Calibration and Inspection (CASCO)

SAC Singlas Signatory

Bachelor of Engineering (Electrical)
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
Mr. Lim Chye Huat @ Bobby Lim Chye Huat - Father
Mr. Lim Chai Lai @ Louis Lim Chai Lai - Uncle
Mdm. Chan Kum Lin - Aunt
Mr. Lim Boon Hock Bernard - Brother
Mdm. Pang Yoke Chun - Sister-In-Law
Mr. Lim Boon Chin Benjamin - Brother
Ms Guah Li Mei Joanna - Wife
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Oct 2010 - Jan 2015
Senior Engineer - Land Transport Authority

Apr 2015 - Jun 2016
Executive Engineer - Cast Lab

Jul 2016 - Jun 2019
Manager - Mechanical / Calibration / Biochemical & Environment - Cast Lab

Jul 2019 - Jun 2021
Senior Manager - Mechanical / Calibration - Cast Lab
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest in 28,540,925 Tai Sin shares

Deemed interest in 587,200 Tai Sin 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)
Not Applicable
Present
Not Applicable
(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?
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