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

Issuer & Securities

Issuer/ Manager
CSE GLOBAL LIMITED
Securities
CSE GLOBAL LTD - SG1G47869290 - 544
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
10-Dec-2025 19:31:38
Status
New
Announcement Sub Title
Appointment of Non-Executive Non-Independent Director
Announcement Reference
SG251210OTHR24SV
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 Non-Executive Non-Independent Director - Mr Eugene Paul Lai Chin Look

Additional Details

Date of appointment
10/12/2025
Name of person
Eugene Paul Lai Chin Look
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)
Mr Eugene Paul Lai Chin Look ("Mr Lai") is nominated by the controlling shareholder of the Company, Heliconia Capital Management Pte Ltd, to fill the position vacated by Mr Tan Teck Koon's resignation.

Based on the recommendation of the Nominating Committee, the Board is satisfied that Mr Lai's strong credentials, extensive experience, professional expertise, background and knowledge will enhance and complement the Board's existing diversity of skill, thereby contributing meaningfully to the Board's deliberations and overall effectiveness and bringing invaluable insights to the Company and the Board.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Director
Board Chairman
Member of the Nominating Committee and Remuneration Committee
Professional qualifications
Bachelor of Laws (First Class Honours), The London School of Economics & Political Science, London University
Master of Laws, Harvard University
Masters in Christian Studies (Cum Laude), Biblical Graduate School of Theology, Singapore
Previously admitted to the Roll of Solicitors, England and Wales, New York State Bar, Singapore Bar and Malaysian Bar
Working experience and occupation(s) during the past 10 years
Director of various listed and non-listed companies (2022 to present)
Managing Director and Co-Managing Partner of Southern Capital Group (2007 to 2022)
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
Mr Lai is Chairman of Heliconia Capital Management Pte Ltd, a controlling shareholder of the Company.
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)
Please see Appendix attached.
Present
Please see Appendix attached.
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?
Yes
If yes, please provide full details.
Mr Lai was a non-executive director of Universal EC Investments Pte. Ltd. ("UECI") from September 2014 to August 2021 and its wholly owned subsidiary, Greatearth Pte. Ltd. ("GEPL"), from January 2015 to August 2021. He was not part of the management of UECI or GEPL. UECI and GEPL were placed in a creditors' voluntary winding up and a liquidator was appointed on 30 August 2021 for the companies. UECI has been dissolved in a creditors' voluntary winding up on 5 June 2024.

UECI was an investment holding company incorporated for the purpose of investing in the shares of GEPL, which was a group holding company. Two of GEPL's subsidiaries were construction companies and their business was badly affected by the covid-19 pandemic and, as a result, UECI and GEPL were unable to continue as going concerns. UECI and GEPL were not insolvent before the covid-19 pandemic. These companies took steps to try to avoid insolvency during the covid-19 pandemic such as disposing assets, cost control and rescheduling their debts. To Mr Lai's knowledge, there have been no subsequent investigations conducted by regulatory authorities on whether there was any wrongdoing by these companies.
(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.
Raffles Holdings Limited (2001 - 2003)
The Ascott Group Limited (2003 - 2004)
AIMS AMP Capital Industrial REIT Management Limited (2010 - 2019)
Perennial Real Estate Holdings Limited (2014 - 2020)
Paragon REIT Management Pte Ltd (as Manager of Paragon Reit) (2022 to 2025)
Capitaland Investment Limited (Jan 2025 to present)
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).
Not applicable

Attachments

List of Directorships_Eugene Lai_Finalised.pdf
Total size =18K