Change - Announcement of Appointment::Appointment of Independent Director

Issuer & Securities

Issuer/ Manager
ASIA VETS HOLDINGS LTD.
Securities
ASIA VETS HOLDINGS LTD. - SG2B95959500 - 5RE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
16-Jul-2026 20:51:01
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG260716OTHRP32H
Submitted By (Co./ Ind. Name)
Asia Vets Holdings Ltd. / Tan Tong Guan
Designation
Executive Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Lim Yeow Beng as an Independent Director of the Company.

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
17/07/2026
Name of person
Lim Yeow Beng
Age
68
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 Lim Yeow Beng ("Mr Lim") brings over 30 years of leadership and corporate experience spanning logistics, engineering, hospitality and healthcare industries, having served in various leadership roles in the ST Logistics Group of Companies and SembCorp Logistics, as well as various advisory and directorship roles to commercial companies in such industries, and as an independent director of SGX and NASDAQ-listed companies. Having regard to the Board's need to strengthen its independent oversight and operational expertise, the Nominating Committee assessed Mr Lim's qualifications, extensive advisory and board experience, track record of independent directorships across SGX and NASDAQ-listed companies, and independence, and recommended his appointment to the Board. The Board, having considered the Nominating Committee's recommendation, approved the appointment of Mr Lim as an Independent Director, and is of the view that his appointment will enhance the Board's core competencies in corporate governance, operational management, and independent oversight.

Mr Lim will also be appointed as the Chairman of the Nominating Committee and a member of the Audit Committee. Mr Lim is considered independent by the Board for the purpose of Rule 704(7) of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Nominating Committee and a member of the Audit Committee.
Professional qualifications
Bachelor of Engineering Degree in Mechanical Engineering
(Hons) from National University of Singapore

Master of Science in Industrial Engineering from National
University of Singapore

Graduate of the Executive Development Program by the
International Institute for Management Development,
Switzerland

Senior Accredited Director by Singapore Institute of
Directors
Working experience and occupation(s) during the past 10 years
July 2017 to Present - Adviser/Director to various listed and non-listed companies in Logistics, Engineering, Hotel and Hospitality, and Healthcare

July 2014 to June 2017 - Senior Adviser to ST Logistics Pte Ltd
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)
Directorships
- Independent and Non-Executive Chairman of Advanced Holdings Ltd (listed on SGX)
- Non-Executive Director of Tripod Hospitality Pte Ltd
- Non-Executive Director of Tripod Hospitality Ltd (Thailand)
- Non-Executive Director of Unicorn Hotels and Resorts Ltd (Thailand)
- Non-Executive Director of Unicorn Hospitality Co Ltd (Thailand)
- Non-Executive Director of Legend Logistics Pte Ltd

Other Principal Commitments
- Senior Adviser to Harmony Skin Lab Pte Ltd
- Legal Representative and Non-Executive Director of Access World Shanghai
- Legal Representative, Chairman and Non-Executive Director of Access World Tonghua
- Legal Representative, Chairman and Non-Executive Director of Access World Guangzhou
- Independent Adviser to Access World Logistics (Singapore) Pte Ltd
- Independent Adviser to Royal Maritimo International Pte Ltd
- Senior Adviser to Goldbell Corporation Pte Ltd
Present
Directorships
- Non-Executive Director of Face Bistro Pte Ltd
- Non-Executive Director of Eat Drink Sleep Play Pte Ltd
- Chairman and Non-Executive Director of JAM Hospitality Investment Pte Ltd
- Non-Executive Director of ALPS Pte Ltd
- Independent and Non-Executive Director of Bitdeer Technologies Group (listed on Nasdaq)
- Independent and Non-Executive Director of Vibrant Group Limited (listed on SGX)

Other Principal Commitments
- Independent Adviser to Manor Group (Singapore) Pte Ltd
- President/Adviser of AJJ Healthcare Management Pte 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
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
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 Lim is currently a director of Vibrant Group Limited
(since 1 July 2025) and was a director of Advanced
Holdings Ltd (from 14 August 2019 to 28 April 2026).
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable).
N.A.