Change - Announcement of Appointment::Appointment of Non-Executive Director

Issuer & Securities

Issuer/ Manager
9R LIMITED
Securities
9R LIMITED - SGXE45420721 - 1Y1
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
13-Jun-2024 17:22:20
Status
New
Announcement Sub Title
Appointment of Non-Executive Director
Announcement Reference
SG240613OTHRLORP
Submitted By (Co./ Ind. Name)
Lai Kuan Loong, Victor
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Lim Jun Hao as Non-Executive Director of 9R Limited.

This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange 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 Mr. Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957
telephone (65) 6590 6881

Additional Details

Date Of Appointment
15/06/2024
Name Of Person
Lim Jun Hao
Age
33
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Lim Jun Hao has been appointed as a Non-Executive Director of 9R Limited (the "Company") and a member of the Company's Audit and Risk Committee ("ARC"), Nominating Committee ("NC") and Remuneration Committee ("RC").

The appointment of Mr Lim as a Non-Executive Director of the Company has been recommended by the NC of the Company and approved by the Board of Directors of the Company ("Board") after taking into consideration Mr Lim's qualifications, expertise and work experience. The Board is satisfied that Mr Lim has the requisite experience and capabilities to assume the role and responsibilities of a Non-Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is non-executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director and a member of the ARC, NC and RC
Professional qualifications
Bachelors Degree in Business Administration
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 is a controlling shareholder of the Company.

Mr Lim is one of the joint offerors of the mandatory general offer ("MGO") of the Company (as announced on 18 November 2021), which closed on 3 January 2022. The other joint offerors being Tan Chiau Wei, Ng Boon Chee and Toh Kok Soon are currently the substantial shareholders of the Company while Ong Swee Sin is the Executive Director of the Company.

Mr Lim is one of the shareholders of Toga Limited, together with Ng Boon Chee, Tan Chiau Wei and Ong Swee Sin (each of them holding less than 5% interests in Toga Limited) while Toh Kok Soon is the controlling shareholder, director and chairman of board of Toga Limited. Toga Limited owns 100% of TOGL Technology Sdn. Bhd. and Eostre Sdn. Bhd. (f.k.a Eostre Berhad).

Mr Lim is currently the Chief Executive Officer of TOGL Technology Sdn. Bhd. where Ng Boon Chee is the director and Chief Operating Officer of TOGL Technology Sdn. Bhd.

Ng Boon Chee is also the director of Eostre Sdn. Bhd. where Tan Chiau Wei holds the position of Chief Executive Officer.

Save as disclosed, Lim Jun Hao is not related to any other existing director, executive officer, the Company and/or its substantial shareholder or any of the Company s principal subsidiaries.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Jan 2024 - Current
TOGL Technology Sdn. Bhd. - Chief Executive Officer

Aug 2021 - Dec 2023
TOGL Technology Sdn. Bhd. - Chief Marketing Officer

Jan 2021 - Aug 2021
TOGL Technology Sdn. Bhd. - Group General Manager

May 2018 - Dec 2020
TOGL Technology Sdn. Bhd. - Deputy Executive Officer

Jan 2016 - Apr 2018
Agel Enterprises International Sdn. Bhd.- Chief Executive Officer

Aug 2014 - Dec 2015
MBIT Engineering Sdn. Bhd. - Director
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
Mr Lim has a direct interest in 35,847,155 shares of the Company which are registered and held through UOB Kay Hian Private Limited. He holds the entire issued share capital of Subtleway Management Sdn. Bhd. and is deemed interested in the 130,701,548 shares of the Company held by Subtleway Management Sdn. Bhd. Mr Lim's total direct and deemed interest is 15.42% of the share capital of the Company.
# 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)
The Lux Fit Sdn. Bhd.
Present
RL Estate Sdn. Bhd.
Spark Wave Innovation Sdn. Bhd.
Subtleway Management Sdn. Bhd.
RL Business Solutions Sdn. Bhd.
SOL International Sdn. Bhd.
Alpha Globe Sdn. Bhd.
(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 Lim to attend the requisite training programs prescribed by the Singapore Exchange Securities Trading Limited within one year from the date of his appointment to the Board.