Change - Announcement of Appointment::Appointment of Mr Raymond Lam Kuo Wei as Lead Independent Director

Issuer & Securities

Issuer/ Manager
F J BENJAMIN HOLDINGS LTD
Securities
F J BENJAMIN HOLDINGS LTD - SG1D58018368 - F10
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
14-May-2026 22:13:52
Status
New
Announcement Sub Title
Appointment of Mr Raymond Lam Kuo Wei as Lead Independent Director
Announcement Reference
SG260514OTHRRPP5
Submitted By (Co./ Ind. Name)
Wendy Isabel Wong Pei Fern
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Raymond Lam Kuo Wei ("Mr Lam") as Lead Independent Director as well as a member of the Audit Committee and a member of the Nominating and Remuneration Committee of F J Benjamin Holdings Ltd (the "Company", and together with its subsidiaries, the "Group").

This announcement has been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (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 Goh Mei Xian, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Date of appointment
15/05/2026
Name of person
Raymond Lam Kuo Wei
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)
The Nominating and Remuneration Committee has recommended the appointment of Mr Lam as Lead Independent Director of the Company. The Board of Directors of the Company (the "Board"), having reviewed the Nominating and Remuneration Committee's recommendation and assessed Mr Lam's experience, expertise, qualifications, independence and suitability, believes that Mr Lam's experience would be beneficial to the Group and his appointment would add diversity to the Board composition. Accordingly, the Board has approved the appointment of Mr Lam as Lead Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is for a non-executive position.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director as well as a member of the Audit Committee and the Nominating and Remuneration Committee of the Company
Professional qualifications
1. Bachelor of Law (Hons), National University of Singapore
2. Advocate & Solicitor, Supreme Court of Singapore
3. Solicitor, England & Wales
4. Fellow, Chartered Secretaries Institute of Singapore
5. Notary Public & Commissioner for Oaths
6. Ordinary Member and Senior Accredited Director, Singapore Institute of Directors
Working experience and occupation(s) during the past 10 years
1. Managing Director, RL Law LLC (2021 - 2022, 2025 - present)
2. Director, Drew & Napier LLC (2001 - 2021, 2022 - 2025)
3. Chief Operating Officer, Drew Network Asia, the regional network of law firms of Drew & Napier LLC (2022 - 2025)
4. Chief Executive Officer, DrewCorp Services Pte Ltd, a wholly owned subsidiary of Drew & Napier LLC (2015 - 2021)
Shareholding interest in the listed issuer and its subsidiaries
No
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
None
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)
- 8 Cross Street PADREF Investments Ltd.
- APAC Bizinfo Pte. Ltd.
- APC Wind Power Pte. Ltd.
- Asia China Trading And Investment Pte. Ltd.
- Atlas Programmed Marine (Singapore) Pte. Ltd.
- Blazenn Private Limited
- CFYC Holdings Pte. Ltd.
- CT-Corp Investments Singapore Pte. Ltd.
- Datastax Singapore Pte. Ltd.
- Drewcorp Services Pte. Ltd.
- Eagle Constellation Fund (Class C) Pte. Ltd.
- Elasticsearch Pte. Ltd.
- Equities First Holdings Singapore Pte. Ltd.
- Eze Castle Integration Singapore, Pte. Ltd.
- Finnegan (Singapore) Pte. Ltd.
- FLG Holdco 2 Pte. Ltd.
- Golden Lake Investment Private Limited
- Global Ocean Trading Limited
- Harpswell Offshore Private Limited
- Hawley & Hazel Chemical Company Singapore (Private) Limited
- KOP Surface Products Singapore Pte. Ltd.
- K&R Global Investments Private Limited
- Telus Health (Singapore) Pte. Ltd. (fka Lifeworks (Singapore) Pte. Ltd.)
- LogicMonitor Asia Pacific Pte. Ltd.
- Maxmila Pte. Ltd.
- Metsovaara Pte. Ltd.
- New Relic Singapore Pte. Ltd.
- NT-Ware Asia Pte. Ltd.
- OnPoint Holdings Pte Limited
- Pacific Transportation Services Pte Ltd
- Pan Electrics Pte. Ltd.
- Pan Poly Engineering Pte. Ltd.
- Polus Tech Pte. Ltd.
- Project Junior Pte. Ltd.
- Radio Frequency Systems (S) Pte. Ltd
- Ridge88 Technologies Pte. Ltd.
- Roger Vivier Singapore Pte. Ltd.
- Schweitzer Engineering Laboratories Southeast Asia Pte. Ltd.
- Sengenics Corporation Pte. Ltd.
- Sengenics International Pte. Ltd.
- Silanna Asia Pte. Ltd.
- Silanna Semiconductor Singapore Pte. Ltd.
- Silanna UV Technologies Pte. Ltd.
- STR Global Singapore Private Limited
- Sunstar Singapore Kyosai-Kai Limited
- Tod's Singapore Pte. Limited
- Udacity Asia Pacific Holdings Pte. Ltd.
- Zap Fitness Holdings Pte. Ltd.
Present
- Abaco Pacific Co. Ltd. (BVI)
- Apexindo International Pte. Ltd.
- ASTI Holdings Limited
- Barry's Bootcamp Singapore Pte. Ltd.
- Burnaby Ventures Pte. Ltd.
- Cambridge Circle Pte. Ltd.
- Citadelcorp Learning Solutions Pte. Ltd.
- Danesun Pte. Ltd.
- DGRS Labs Pte. Ltd.
- First Tristar Corp. Pte. Ltd.
- FLG Holdco Singapore Pte. Ltd.
- Golden Cyber Pte. Ltd.
- Golden Logistic Pte. Ltd.
- Grid Singularity Pte. Ltd.
- Manitoba Corporation Pte. Ltd.
- Marnoc Pte. Ltd.
- ME Education Pte. Ltd.
- MEEPL Services Pte. Ltd.
- Meraki Education Pte. Ltd.
- Metropolitan Structures Pte. Ltd.
- Mikimoto Jewellery (Singapore) Pte. Ltd.
- Millbrook Pte. Ltd.
- Moonsoonlabs Pte. Ltd.
- Nippecraft Limited
- Next Generation Holdings Pte. Limited
- NG Properties Pte. Limited
- NLCS (Singapore) Junior School Pte. Ltd.
- North London Collegiate School (Singapore) Pte. Ltd.
- Platinum Resources Pte. Ltd.
- Premier Logistic Pte. Ltd.
- Quartis Limited (BVI)
- RL Law LLC
- Sapientia Prime Pte. Ltd.
- Schwarzschild Ventures Pte. Ltd.
- Starbright Corporation Pte. Ltd.
- Tagit Singapore Pte. Ltd.
- URS Equipment Services Pte. Ltd.
- XMH Holdings 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
Yes
If yes, please provide full details.
In Mr Lam's capacity as a manager of a private education institution, he was investigated by SkillsFuture Singapore Agency ("SSG") and was issued with a stern warning, on 26 February 2024, for failure to notify the SSG, in writing, of a change in the management within 14 days of the date of the change. Specifically, a manager resigned on 31 March 2022 but SSG was informed of the change on 20 April 2022.
(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?
Yes
If yes, please provide full details.
In Mr Lam's capacity as a manager of a private education institution, he was investigated by SSG and was issued with a stern warning, on 26 February 2024, for failure to notify the SSG, in writing, of a change in the management within 14 days of the date of the change. Specifically, a manager resigned on 31 March 2022 but SSG was informed of the change on 20 April 2022.
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If yes, please provide details of prior experience.
Mr Lam has the following experience serving as a director of issuers listed on the Singapore Exchange:
- XMH Holdings Ltd. - Independent Director;
- Nippecraft Limited - Independent Non-Executive Chairman; and
- ASTI Holdings Limited - Lead Independent Director.