Change - Announcement of Appointment::Appointment of Independent and Non-Executive Chairman of the Board of Directors

Issuer & Securities

Issuer/ Manager
EDITION LTD.
Securities
EDITION LTD. - SG1S42927578 - 5HG
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
26-Jul-2024 18:36:48
Status
New
Announcement Sub Title
Appointment of Independent and Non-Executive Chairman of the Board of Directors
Announcement Reference
SG240726OTHRHGAR
Submitted By (Co./ Ind. Name)
Ong Boon Chuan
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent and Non-Executive Chairman of the Board of Directors

This announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms. Audrey Mok, at 1 Robinson Road #21-00 AIA Tower, Singapore 048542, telephone: (65) 6232 3210.

Additional Details

Date Of Appointment
26/07/2024
Name Of Person
Hor Siew Fu
Age
73
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
26/04/2023
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Hor Siew Fu ("Mr Hor") is currently an Independent and Non-Executive Director of the Company. The Board of Directors of the Company (the "Board") has, after taking into consideration the Nominating Committee's recommendation, reviewed Mr Hor's qualifications and working experience and approved the appointment of Mr Hor as Independent and Non-Executive Chairman of the Board. Mr Hor had abstained from the deliberations and decision of his appointment.

Following Mr Hor's appointment, he will remain as Chairman of the Audit Committee and Nominating Committee, and member of the Remuneration Committee.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent and Non-Executive Director, Chairman of the Board, Audit Committee and Nominating Committee and a member of Remuneration Committee
Professional qualifications
Fellow member of the Association of Chartered Certified Accountants (United Kingdom)

Fellow Chartered Accountant of the Institute of Singapore Chartered Accountants

Bachelor of Accountancy, University of Singapore

Master of Business Administration, MacQuarie University, Sydney, Australia

Professional (Life) Member of the Singapore Human Resources Institute
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
Chief Financial Officer, Albedo Ltd (now known as JCG Investment Holdings Ltd) (2014 - 2016)
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)
Q Industries & Trade Pte Ltd (Director)

Plastoform Holdings Limited (Independent Director)

Sandav Business Solutions Pte. Ltd. (Director)
Present
CosmoSteel Holdings Ltd (Independent Director)

Memiontec Holdings Ltd (Independent Director)

Revez Corporation Ltd. (Independent Director)

Datapulse Technology Limited (Independent Director)

# Datapulse Investment Pte. Ltd. (Director/Secretary)

# Capikor Pte. Ltd. (Director/Secretary)

# Capiti Investments Pte. Ltd. (Director/Secretary)

# Capiti Asset Management Pte. Ltd. (Director/Secretary)

# KPH Top Pte. Ltd. (Director/Secretary)

# KPH Pte. Ltd. (Director/Secretary)

# KPH 2 Pte. Ltd. (Director/Secretary)

# SPH Top Pte. Ltd. (Director/Secretary)

# SPH 1 Pte. Ltd. (Director/Secretary)

# These private companies are subsidiaries of Datapulse Technology Limited
(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 Hor has been an Independent and Non-Executive Director of the Company prior to his appointment as Independent and Non-Executive Chairman of the Board.
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