Change - Announcement of Appointment::Promotion & appointment of relative of Director & Substantial Shareholder as Director of subsidiary

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-2025 17:50:09
Status
New
Announcement Sub Title
Promotion & appointment of relative of Director & Substantial Shareholder as Director of subsidiary
Announcement Reference
SG250701OTHR11HO
Submitted By (Co./ Ind. Name)
Hazel Chia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Promotion and appointment of Mr. Gerald Cheng Kai Yong, a relative of Director and substantial shareholder of the Company, as a Director of the Company's wholly-owned subsidiary, Lim Kim Hai Electric Co. (S) Pte. Ltd..

Additional Details

Date Of Appointment
01/07/2025
Name Of Person
Gerald Cheng Kai Yong
Age
48
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)
Mr. Gerald Cheng Kai Yong ("Gerald Cheng") is currently the Head of Group Human Resources of Tai Sin Electric Limited ("TSE" or the "Company") and Deputy General Manager of Lim Kim Hai Electric Co. (S) Pte. Ltd. ("LKHE"), a wholly-owned subsidiary of the Company. Having considered the qualification, experience and performance of Gerald Cheng, the Board of Directors has approved the promotion and appointment of Gerald Cheng as a Director of LKHE, and is of the view that he has the necessary qualifications and experience to assume the role of Director of LKHE.

Gerald Cheng will remain as the Head of Group Human Resources of TSE and Deputy General Manager of LKHE.
Whether appointment is executive, and if so, the area of responsibility
Executive.

As a Director of LKHE, Gerald Cheng will assist the chief executive officer of LKHE in the day-to-day operations of LKHE group.

Gerald Cheng will also continue to perform the following duties as Deputy General Manager of LKHE:

(i) Drive business strategy, including change management and transformation, with a focus on achieving operational excellence and sustainability goals

(ii) Set and monitor performance goals, deploying best practices across all functions, cultivating a positive work environment and talent management

(iii) Exercise control over company functions, building committed performance teams, ensuring corporate governance and sustainability and driving continuous improvement.



Gerald Cheng is not an Executive Officer under the Listing Manual of the Singapore Exchange Securities Trading Limited. Accordingly, the undertaking required under SGX Listing Rule 720(1) is not applicable.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Deputy General Manager of LKHE.

Head of Group Human Resources of TSE.
Professional qualifications
Bachelor of Engineering - Electrical & Electronic Engineering from University of Leicester.

Advanced Diploma in Growing and Transforming Enterprise from Singapore Management University.
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
Gerald Cheng is:

(i) nephew of Mr. Lim Chye Huat @ Bobby Lim Chye Huat, Non-Executive Director and Board Chairman who is also a substantial shareholder of the Company.

(ii) nephew of Mr. Lim Chai Lai @ Louis Lim Chai Lai ("Louis Lim"), who is a director of the Company's principal subsidiary, namely, LKHE.

(iii) nephew-in-law of Mr. Chia Ah Heng, a director of the Company's principal subsidiary, namely, LKHE.

(iv) cousin of Mr. Lim Boon Hock Bernard ("Bernard Lim"), Executive Director and Chief Executive Officer who is also a substantial shareholder of the Company. Bernard Lim is also a Director of the Company's principal subsidiaries, namely, LKHE and CAST Laboratories Pte Ltd ("CAST Lab").

(v) cousin-in-law of Mdm. Pang Yoke Chun, the wife of Bernard Lim and a substantial shareholder of the Company.

(vi) cousin of Mr. Lim Boon Hoh, Benedict ("Benedict Lim"), a substantial shareholder of the Company. Benedict Lim is also a Director of the Company's principal subsidiary, CAST Lab.

(vii) cousin-in-law of Mdm. Guah Li Mei, Joanna, the wife of Benedict Lim and a substantial shareholder of the Company.

(viii) cousin of Mr. Lim Boon Chin Benjamin, a substantial shareholder of the Company.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
July 2022 to present:
Deputy General Manager of LKHE & Head of Group Human Resources of TSE

January 2018 to June 2022:
Senior Manager - Operations of LKHE

July 2015 to December 2017:
Manager - Operations of LKHE
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
Gerald Cheng has a direct interest in 4,841,791 ordinary shares of TSE
# 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 as this is not an appointment of Director.