Change - Announcement of Appointment::Re-designation from Independent Director to Independent Non-Executive Chairman

Issuer & Securities

Issuer/ Manager
BEVERLY JCG LTD.
Securities
BEVERLY JCG LTD. - SGXE87511171 - VFP
BEVERLY JCG LTD. W240531 - SGXN45682170 - WZ2W
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Dec-2022 18:33:53
Status
New
Announcement Sub Title
Re-designation from Independent Director to Independent Non-Executive Chairman
Announcement Reference
SG221230OTHR9EKI
Submitted By (Co./ Ind. Name)
Tan Swee Gek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited (the
"Sponsor"). It 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 Mr Jerry Chua (Telephone: +65 6241 6626 and Email:
jerrychua@evolvecapitalasia.com).

Additional Details

Date Of Appointment
01/01/2023
Name Of Person
Yap Siean Sin
Age
63
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
27/06/2017
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Yap Siean Sin has been an Independent Director of the Company since 2017.

The Board, having reviewed and considered the qualifications, working experience and suitability of Mr Yap Siean Sin, is of the view that Mr Yap Siean Sin has the requisite experience and capability to assume the duties and responsibilities as the Independent Non-Executive Chairman of the Company.

Accordingly, the Nominating Committee has recommended, and the Board has approved, the appointment of Mr Yap Siean Sin to Independent Non-Executive Chairman.
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 Non-Executive Chairman, Chairman of Remuneration Committee and Nominating Committee and member of Audit Committee
Professional qualifications
- Bachelor of Science (Hons) degree in Architecture and a Post Graduate Diploma in Advance Architecture from Robert Gordon University Aberdeen, UK
- Post Graduate Diploma in Town Planning from University of Westminster London, UK
- Corporate member of the Royal Institute of British Architects, Malaysian Institute of Town Planners, Malaysian Institute of Architects, British Institute of Interior Design, and an Associate Member of the British Institute of Building Engineers
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
From 2009 to present: Executive Director in Spring Rise Pte Ltd
From 1995 to present: Executive Director in Cavacole (S) Pte Ltd
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
60,000,000
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)
Asia Pacific Strategic Investment Limited
Cosmos Gateway Sdn. Bhd.
Huizhou Energy (S) Pte. Ltd.
Huizhou Energy Sdn. Bhd.
Indusplex Sdn. Bhd.
Snap Innovations Sdn. Bhd.
Present
From 2009 to present: Executive Director in Spring Rise Pte Ltd
From 1995 to present: Executive Director in Cavacole (S) Pte Ltd
From 1995 to present: Spring Malaysia (MM2H) Sdn. Bhd.
From 1993 to present: Timur Baiduri Sdn. Bhd.
From 1993 to present: Arealink Corporation Sdn. Bhd
From 1989 to present: Seni Rancang (M) Sdn. Bhd.
From 1987 to present: Moi Siean Holdings Sdn. Bhd.
From 2003 to present: Jururancang YSS (Sole Proprietorship)
From 1989 to present: Arkitek Seni Perunding. (Sole Proprietorship)
From 2017 to present: Pacific Coast Pte. Ltd.
(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 Yap was a director of Asia Pacific Strategic Investment Limited and currently an Independent Director of Beverly JCG Ltd.