Change - Announcement of Appointment::APPOINTMENT OF INDEPENDENT DIRECTOR, CHAIRMAN OF NC, CHAIRMAN OF RC & MEMBER OF AC

Issuer & Securities

Issuer/ Manager
ENVICTUS INTERNATIONAL HOLDINGS LIMITED
Securities
ENVICTUS INTERNATIONAL HLDGLTD - SG1CF4000007 - BQD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
21-Jan-2025 17:58:47
Status
New
Announcement Sub Title
APPOINTMENT OF INDEPENDENT DIRECTOR, CHAIRMAN OF NC, CHAIRMAN OF RC & MEMBER OF AC
Announcement Reference
SG250121OTHRG6FR
Submitted By (Co./ Ind. Name)
S SURENTHIRARAJ AND KOK MOR KEAT
Designation
COMPANY SECRETARIES
Description (Please provide a detailed description of the event in the box below)
APPOINTMENT OF INDEPENDENT DIRECTOR, CHAIRMAN OF NOMINATING COMMITTEE, CHAIRMAN OF REMUNERATION COMMITTEE AND MEMBER OF AUDIT COMMITTEE

Additional Details

Date Of Appointment
21/01/2025
Name Of Person
Yap Wai Ming
Age
62
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)
As part of the Board diversity and renewal process, the Nominating Committee ("NC") has recommended the appointment of Mr Yap Wai Ming as Independent Director of the Company. After reviewing the recommendation of the NC and Mr Yap's credentials and experience, the Board has confirmed Mr Yap's independence and approved his appointment as an Independent Director of the Company. Mr Yap will also be appointed as Chairman of the Nominating Committee and the Remuneration Committee and a member of the Audit Committee.
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.)
Independent Director
Professional qualifications
LLB Honours Singapore
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
NIL
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
Harry Elias Partnership, Consultant (2025-current)
Morgan Lewis Bockius LLP, Partner (2015-2024)
Morgan Lewis Stamford LLC, Director (2002-2024)
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)
Morgan Lewis Bockius LLP, Partner (2015-2024)
Morgan Lewis Stamford LLC, Director (2002-2024)
Present
Ren Ci Hospital, Director
Stroke Support Station, Director
Vanguard Medifund, Committee Member
Vanguard Healthcare Pte Ltd, Director
Singhealth Foundation Fund, Committee Member
Corporate Monitor Limited, Director
(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
Mr Yap was a director of Stamford Corporate Services Pte Ltd ("SCS"), a licensed Catalist sponsor of the SGX-ST. On 29 November 2024, SGX-ST Listings Disciplinary Committee ("LDC") reprimanded SCS being the Catalist sponsor of Magnus Energy Group Limited ("Magnus") for breaching Catalist Rule 226(2)(b) by (a) failing to ensure that Magnus disclosed the requisite information in accordance with Catalist Rule 1010, pertaining to the disposal of 9,000,000 shares in GCM Resources plc ("GCM") through the Magnus's wholly-owned subsidiary, MEG Global Ventures Pte Ltd ("MGV"); and (b) failing to ensure that Magnus disclosed the requisite information in accordance with Catalist Rule 1010, pertaining to a deed of assignment between Revenue Anchor Sdn Bhd ("Revenue Anchor") and MGV ("the Deed") pursuant to which MGV acquired a convertible loan from Revenue Anchor (the "Convertible Loan"), which allowed it to convert the Convertible Loan into shares in GCM. The registered professsional of SCS who was in charge of Magnus was another partner of SCS. Mr Yap has ceased to be a director of SCS after he retired from Morgan Lewis Stamford LLC.
(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
Acted as independent director in the past for the following companies :-

Genting Singapore Limited
Sino Construction Limited
Azeus Systems Limited
Cryptologic Limited (Toronto and LSE listed)
White Horse Ceramics Berhad (Bursa Listed)