Change - Announcement of Appointment::Appointment of Executive Director

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
31-Oct-2025 18:48:11
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG251031OTHRJ8Z8
Submitted By (Co./ Ind. Name)
Hazel Chia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Tan Yong Hwa as an Executive Director.

Additional Details

Date Of Appointment
01/11/2025
Name Of Person
Tan Yong Hwa
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. Tan Yong Hwa ("Mr. Tan") is currently the Chief Financial Officer of Tai Sin Electric Limited (the "Company" or "TSE"). After having considered the recommendation of the Nominating Committee and having reviewed and considered Mr. Tan's qualifications, expertise, experience, audit/accounting background, suitability and familiarity with the operations and business of the Company and its subsidiaries, the Board of Directors of the Company (the "Board") has approved the appointment of Mr. Tan as an Executive Director of the Company, with effect from 1 November 2025.

The Board is satisfied that Mr. Tan has the requisite experience and capability to assume the responsibilities of Executive Director and he will contribute towards the core competencies, skills, and diversity of the present Board.

Mr. Tan will remain as the Chief Financial Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive.

As an Executive Director and Chief Financial Officer of the Company, Mr. Tan's areas of responsibility are as follows:

(i) Contributing to corporate governance, strategic direction, and long-term value creation while ensuring compliance with SGX and statutory requirements.

(ii) Oversee financial management, reporting, and planning functions to ensure accurate financial disclosures and compliance with applicable accounting standards.

(iii) Responsible for treasury, risk management, and hedging activities to ensure sound liquidity management and prudent financial risk oversight.

(iv) Provide executive oversight of Human Resources and Administration to strengthen organisational capability, talent development, and operational effectiveness.

(v) Support the Group's strategic initiatives, including merger and acquisition, business transformation, and digitalisation, to enhance performance and shareholder value.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Financial Officer
Professional qualifications
Masters of Business Administration (with Merit) from The University of Manchester - Manchester Business School

Fellow Chartered Accountant (FCA) - Institute of Singapore Chartered Accountants (from 13 September 2023 to present)

Certified Public Accountant (CPA) - Institute of Singapore Chartered Accountants (from 20 July 2005 to 12 September 2023)

Fellow of the Association of Chartered Certified Accountants (FCCA) (from 31 December 2009 to present)

ACCA, Association of Chartered Certified Accountants (from 31 December 2004 to 30 December 2009)
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. Tan is currently the Chief Financial Officer of the Company and a Director of principal subsidiaries of the Company, namely, Tai Sin (Vietnam) Pte. Ltd., CAST Laboratories Pte Ltd and Tai Sin Electric Cables (Malaysia) Sdn Bhd.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Mr. Tan joined TSE since April 2006:-

1 July 2021 - Present : Senior Vice President & Chief Financial Officer
1 July 2016 - 30 June 2021 : Vice President & Chief Financial Officer
1 July 2015 - 30 June 2016 : Vice President - Finance & Group Corporate Development
1 July 2013 - 30 June 2015 : Senior Manager - Group Corporate Development
1 July 2010 - 30 June 2013 : Manager - Group Corporate Development
1 January 2008 - 30 June 2010 : Manager - Group Planning & Internal Control
3 April 2006 - 31 December 2007 : Internal Auditor
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. Tan has a deemed interest in 394,080 ordinary shares of TSE held by his spouse
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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
CAST Laboratories Pte Ltd
PT Elmecon Multikencana
Tai Sin (Vietnam) Pte. Ltd.
Tai Sin Electric Cables (Malaysia) 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
Disclosure applicable to the appointment of Director only.
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
Mr. Tan has attended relevant training on the roles and responsibilities of a director of a company listed on the Exchange, as prescribed by the Exchange.