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

Issuer & Securities

Issuer/ Manager
ASPIAL LIFESTYLE LIMITED
Securities
ASPIAL LIFESTYLE LIMITED - SG2E90982678 - 5UF
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
13-Jun-2025 18:12:15
Status
New
Announcement Sub Title
Appointment of Non-Executive Non-Independent Director
Announcement Reference
SG250613OTHRWIIZ
Submitted By (Co./ Ind. Name)
Lim Swee Ann
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Ms Koh Lee Hwee as Non-Executive Non-Independent Director of the Company.

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited ("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 Lee Khai Yinn (Tel: 6232 3210) at 1 Robinson Road #21-01 AIA Tower, Singapore 048542.

Additional Details

Date Of Appointment
13/06/2025
Name Of Person
Koh Lee Hwee
Age
58
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)
The Nominating Committee, after having reviewed and considered the qualification and working experience of Ms Koh Lee Hwee ("Ms Koh") has recommended the appointment of Ms Koh as a Non-Executive Non-Independent Director of the Company to the Board of Directors (the "Board").

The Board, after having considered the recommendation of the Nominating Committee, is of the view that Ms Koh will further complement and strengthen the core competencies of the Board, and has approved the appointment of Ms Koh as a Non-Executive Non-Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive appointment.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Director and a member of the Remuneration Committee
Professional qualifications
Bachelor of Arts, National University of Singapore
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 Koh Wee Seng, Ms Koh Lee Hwee and Ms Ko Lee Meng are siblings
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Aspial Corporation Limited
August 1988 to present
- Executive Director

Aspial Lifestyle Limited
April 2008 to May 2023
- Non-Executive Director
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
Aspial Lifestyle Limited
Direct Interest
28,888,888 Ordinary Shares

Indirect Interest
1,328,350,395 Ordinary Shares
# 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)
Aspial Lifestyle Limited
ACL International Services Sdn Bhd
Gold Purple Pte Ltd
Headway Construction Pte Ltd
LuxeSTYLE (Australia) Pty Ltd
Maxi Cash (Georgetown) Sdn Bhd
Maxi-Cash Melbourne (VIC) Pty Ltd
World Class Property Pte Ltd
Present
AL Capital (Ubi) Pte Ltd
AL Treasury Pte Ltd
Aspial Capital Investment Pte Ltd
Aspial Corporate Services Pte Ltd
Aspial Corporation Limited
Aspial International Pte Ltd
Aspial Investment Holding Pte Ltd
Aspial Lifestyle Business Services Sdn Bhd
Aspial Lifestyle International Pte Ltd
Aspial Lifestyle Jewellery Group Pte Ltd
Aspial Treasury Pte Ltd
Bayfront Realty Pte Ltd
Bayfront Ventures Pte Ltd
Bienven (M) Sdn Bhd
BU2 Services Pte Ltd
City Gate Shopping Mall Management Pte Ltd
DIJAZ Investment Pte Ltd
DN Global Pte Ltd
DN Holdings Pte Ltd
DN Property Investments Pte Ltd
Dynamic Ideas Pty Ltd
Dynamic Project Management Services Pte Ltd
Goldheart Jewelry Pte Ltd
Kensington Land Pte Ltd
Kensington Village Pte Ltd
Lee Hwa Jewellery Pte Ltd
Maxi-Cash Retail Pte Ltd
LuxeSTYLE (Malaysia) Sdn Bhd
Maxi Cash (KL1) Sdn Bhd
Maxi Cash (KL2) Sdn Bhd
Maxi Cash (Malaysia) Sdn Bhd
Maxi Cash (Penang) Sdn Bhd
Maxi Cash (S1) Sdn Bhd
Maxi Cash (S2) Sdn Bhd
Maxi Cash (S3) Sdn Bhd
Maxi Cash (Southern) Sdn Bhd
Maxi-Cash (Australia) Pty Ltd
Maxi-Cash (Central 2) Pte Ltd
Maxi-Cash (Central) Pte Ltd
Maxi-Cash (Clementi) Pte Ltd
Maxi-Cash (East 2) Pte Ltd
Maxi-Cash (East) Pte Ltd
Maxi-Cash (HKI) Co Ltd
Maxi-Cash (Hong Kong) Co Ltd
Maxi-Cash (North East) Pte Ltd
Maxi-Cash (North) Pte Ltd
Maxi-Cash (West) Pte Ltd
Maxi-Cash Assets Pte Ltd
Maxi-Cash Capital Management Pte Ltd
Maxi-Cash Capital Pte Ltd
Maxi-Cash Financial Pte Ltd
Maxi-Cash Group Pte Ltd
Maxi-Cash International Pte Ltd
Maxi-Cash Investment Holding Pte Ltd
Maxi-Cash Jewellery Group Pte Ltd
Maxi-Cash Leasing Pte Ltd
Maxi-Cash Property Pte Ltd
Maxi-Cash Retail (HKI) Co
Maxi-Cash Retail Pte Ltd
Maxi-Cash Ventures Pte Ltd
Maxion Holdings Sdn Bhd
MC Client Service Pte Ltd
MLHS Holdings Pte Ltd
Niessing (Australia) Pty Ltd
Niessing (Hong Kong) Limited
Niessing Asia Pacific Pte Ltd
Niessing Group Pte Ltd
Penang Parade Hotels Sdn Bhd
PHC Hotels Sdn Bhd
Pit-Stop Credit (SG) Pte Ltd
SBD 102 Pty Ltd
WCL (Bertam L) Sdn Bhd
WCL (Bertam R) Sdn Bhd
WCL (CNS) CBD Pty Ltd
WCL (Macallum) Sdn Bhd
WCL (Magazine) Sdn Bhd
WCL (Noordin St) Sdn Bhd
WCL (QLD) Albert St Pty Ltd
WCL (QLD) Holdings Pty Ltd
WCL (QLD) Margaret Pty Ltd
WCL-A Beckett (VIC) Pty Ltd
WCL-Cairns (QLD) Pty Ltd
WCL-Central Park (QLD) Pty Ltd
WCL-Southbank (VIC) Pty Ltd
World Class Developments (Bedok) Pte Ltd
World Class Developments (City Central) Pte Ltd
World Class Developments (North) Pte Ltd
World Class Developments Pte Ltd
World Class Global Pte Ltd
World Class Land (Australia) Pty Ltd
World Class Land (Georgetown) Holdings Sdn Bhd
World Class Land (Georgetown) Sdn Bhd
World Class Land (Malaysia) Sdn Bhd
World Class Land (Penang) Sdn Bhd
World Class Land 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
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Aspial Corporation Limited
- Executive Director

Aspial Lifestyle Limited
- Non-Executive Director and a member of the Nominating Committee
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)
Aspial Corporation Limited
- Executive Director

Aspial Lifestyle Limited
- Non-Executive Director and a member of the Nominating Committee