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

Issuer & Securities

Issuer/ Manager
HOTUNG INVESTMENT HLDGS LTD
Securities
HOTUNG INVESTMENT HLDGS LTD - BMG4612P2085 - BLS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
23-Apr-2026 17:44:46
Status
New
Announcement Sub Title
Appointment of Non-Executive Director
Announcement Reference
SG260423OTHRDRL3
Submitted By (Co./ Ind. Name)
Hsin-Chieh Chung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see details below.

Additional Details

Date of appointment
23/04/2026
Name of person
Tzu-Yuan Yang
Age
61
Country of principal residence
Taiwan, Province Of China
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
As stated in the Notice of Annual General Meeting of 23 April 2026 issued by the Company, Mr. Tzu-Yuan Yang was proposed for appointment as Director of the Company by the Board in accordance with Bye-law 97 of the Bye-laws of the Company. Pursuant to Bye-law 97 of the Bye-laws of the Company, such proposed appointment of Mr. Tzu-Yuan Yang as Director of the Company was subject to approval by shareholders in general meeting. The Nominating Committee of the Company had reviewed the curriculum vitae of Mr. Tzu-Yuan Yang and has delivered its recommendation through the Board. Shareholders of the Company have since approved such appointment at the Annual General Meeting of the Company held earlier today.
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 Director
Professional qualifications
Master of Business Administration, Iowa State University, USA
Bachelor of Business Administration, Department of International Trade, Fu-Jen Catholic University, Taiwan (R.O.C.)
Working experience and occupation(s) during the past 10 years
2024.10 - current senior vice president & general manager of Direct Investment Department / Mega International Commercial Bank Co., Ltd.
2023.12 - 2024.10 chief operating officer of Northern Regional Business Center / Mega International Commercial Bank Co., Ltd.
2020.4 - 2023.12 senior vice president & general manager of Taipei Branch / Mega International Commercial Bank Co., Ltd.
2018.5 - 2020.4 vice president & general manager of Planning Department / Mega International Commercial Bank Co., Ltd.
2017.5 - 2018.4 vice president & general manager of Ta An Branch / Mega International Commercial Bank Co., Ltd.
2015.11 - 2017.5 vice president & general manager of Kinmen Branch / Mega International Commercial Bank Co., 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
Mr. Tzu-Yuan Yang is nominated for appointment as a Director by Mega International Commercial Bank Co., Ltd., a substantial 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)
Mega International Commercial Bank Co., Ltd. / chief operating officer of Northern Regional Business Center
Mega International Commercial Bank Co., Ltd. / senior vice president & general manager of Taipei Branch
Present
Mega International Commercial Bank Co., Ltd. / senior vice president & general manager of Direct Investment Department
Mega Growth Venture Capital Co., Ltd. / non-executive director
Overseas Investment & Development Corp. / non-executive director
Grand Cathay Venture Capital Co., Ltd. / non-executive director
Mega Management Consulting Corporation / executive director
Eminent III Venture Capital Corporation / non-executive director
Universal Venture Capital Investment Corporation / non-executive director
Hotung Venture Capital Corporation / non-executive director
Daitung Development and Investment Corporation / non-executive director
ICBC Assets Management & Consulting Co., Ltd. / non-executive director
Mega Venture Capital Co., Ltd. / non-executive director
Next Commercial Bank Co., Ltd. / non-executive director
Advanced Material Systems Corporation / non-executive director
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?
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.
The Company will arrange for Mr. Tzu-Yuan Yang to attend training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.