Change - Announcement of Appointment::Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
VIKING OFFSHORE AND MARINE LIMITED
Securities
VIKING OFFSHORE & MARINE LTD - SGXE45420721 - 1Y1
VIKING OFFSHORE & MA W220701 - SGXN37575515 - KZHW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
05-Jan-2022 23:45:22
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG220105OTHR204K
Submitted By (Co./ Ind. Name)
Ng Yeau Chong
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Ong Swee Sin as Executive Director of the Company.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

The announcement has not been examined or approved by 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. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 6636 4201.

Additional Details

Date Of Appointment
06/01/2022
Name Of Person
Ong Swee Sin
Age
37
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The appointment of Mr Ong Swee Sin ("Mr Ong") as an Executive Director of the Company was recommended by the Nominating Committee of the Company and approved by the Board of Directors of the Company (the "Board"), after taking into consideration Mr Ong's qualifications, expertise and work experience. The Board further notes that Mr Ong is the sole shareholder of Synergy Supply Chain Management Sdn Bhd, being one of the joint offerors of the mandatory general offer of the Company (as announced by the Company on 18 November 2021), which closed on 3 January 2022.

The Board is of the view that Mr Ong's appointment as an Executive Director of the Company would provide further diversity to the core competencies and skills set of the Board, and would be beneficial to the development of the Group. Accordingly, the Board has approved Mr Ong's appointment.
Whether appointment is executive, and if so, the area of responsibility
This is an executive appointment and Mr Ong will be responsible for the corporate development of the Group and introduction of new businesses to the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Professional qualifications
Bachelor of Engineering (Honors) Electronics majoring in Robotics and Automation, Multimedia University Malaysia
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 Ong, being the sole shareholder of Synergy Supply Chain Management Sdn. Bhd., has deemed interest in the Company. Please see details set out below.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Project Manager
1 Nov 2021 - Present
VK Kinetic Sdn Bhd

Group General Manager
1 Aug 2021 - 31 Aug 2021
Togl Technology Sdn Bhd

Chief Corporate and Compliance Officer
1 Feb 2020 - 31 July 2021
Togl Technology Sdn Bhd

Corporate Development Officer
1 Aug 2019 - 31 Jan 2020
Togl Technology Sdn Bhd

Business Development Manager
16 May 2019 - 31 July 2019
Togl Technology Sdn Bhd

Chief Executive Officer and Director
Mar 2017 - Present
Tinnolab Sdn Bhd (currently dormant)

Assistant Manager
Sep 2013 - Jan 2019
ViTrox Corporation Berhad
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
16,335,967 ordinary shares (deemed interest in the Company as the sole shareholder of Synergy Supply Chain Management Sdn Bhd)
# 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)
Nil
Present
Tinnolab Sdn Bhd
Synergy Supply Chain Management Sdn Bhd
Obviously Blue Sdn Bhd
Incredible Spark Sdn Bhd
Power Nutriboost Sdn Bhd
Dominant Resowave Sdn Bhd
Moments View Enterprise (owner)
(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
Pursuant to Catalist Rule 406(3)(a), the Company will arrange for Mr Ong to attend the requisite training programs prescribed by the Exchange within one year from the date of his appointment to the Board.