Change - Announcement of Appointment::Appointment of Group Managing Director and Executive Director

Issuer & Securities

Issuer/ Manager
OCTOPUS (APAC) HOLDINGS LIMITED
Securities
OCTOPUS (APAC) HOLDINGS LTD. - SG1CF0000001 - 43A
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
04-Jun-2026 22:30:51
Status
New
Announcement Sub Title
Appointment of Group Managing Director and Executive Director
Announcement Reference
SG260604OTHRHHA7
Submitted By (Co./ Ind. Name)
Cheng Lisa
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Dato Teh Chooi Peng as Group Managing Director and Executive Director of the Company.

This announcement has been reviewed by the Company's Sponsor, Evolve Capital Advisory Private Limited. This announcement has not been examined or approved by Exchange and the Exchange 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 (Tel: (65) 6241 6626), at 160 Robinson Road, #20-01/02, SBF Center, Singapore 068914.

Additional Details

Date of appointment
04/06/2026
Name of person
Teh Chooi Peng
Age
56
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 Board of Directors, having considered the assessment and recommendation by the Nominating Committee, and having reviewed and considered the qualification and experiences of Dato Teh Chooi Peng ("Dato Teh"), as well as the composition and diversity of skillsets of the Board, is of the view that Dato Teh possesses the requisite qualification and experiences to assume the role as Group Managing Director and Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Dato Teh is focused on driving profitability and business growth within the Food and Beverage Distribution Division.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Managing Director and Executive Director
Professional qualifications
Bachelor of Arts, Economics and Japanese from University of New South Wales, Australia
Working experience and occupation(s) during the past 10 years
2022 - present: Etagreen Group of Companies - Founder and Executive Chairman
2017 - present: Elanc Investment Pte. Ltd. - Founder and Executive Chairman
2011 - present: Octopus Distribution Network Pte. Ltd. - Founder and Executive Chairman
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
Elanc Investment Pte. Ltd. ("Elanc") is a substantial shareholder of the Company and is deemed interested in 254,462,212 ordinary shares held through UOB Kay Hian Private Limited. Dato Teh, being the ultimate beneficial owner of Elanc, is deemed interest in the same 254,462,212 ordinary shares by virtue of her interest in Elanc.
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
Nil
Conflict of interest (including any competing business)
Dato Teh is the ultimate beneficial owner of Nereus Cape Pte. Ltd, a company which is in a competing business with the Company. In this connection, Dato Teh has provided an undertaking to the Company to mitigate any conflict of interest, including to refrain from engaging in any activity through Nereus Cape Pte. Ltd. that would place her in an actual conflict or perceived conflict with her employment obligations to the Company.

Dato Teh is also an independent director and an indirect 0.23% shareholder of Australian Vintage Ltd, a company listed on the Australian Securities Exchange. Australian Vintage Ltd is both a supplier and customer of the Company. While there are existing commercial dealings between the Company and Australian Vintage Ltd, Dato Teh does not participate in the day-to-day operations or management of Australian Vintage Ltd.

In view of the above, should any conflict of interest arise in relation to a proposed transaction involving Nereus Cape Pte. Ltd. or Australian Vintage Ltd, Dato Teh will abstain from voting and/or recuse herself from any discussion relating to transactions involving the aforementioned companies.
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)
Alsace Investment Pte. Ltd.
SL Tec Pte. Ltd.
Plethora Ventures Pte Ltd
Sheng Li Holdings Sdn Bhd.
Luen Heng F & B Sdn. Bhd.
Mastery World Sdn. Bhd.
LHO Asia Sdn. Bhd.
AEK Holdings Sdn. Bhd.
Present
Australian Vintage Ltd. - Non-Executive Director
Elanc Investment Pte Ltd - Executive Director
Elanc Asia Pte Ltd - Executive Director
Elanc Warehousing Pte. Ltd. - Executive Director
Octopus Distribution Networks Pte. Ltd. - Executive Director
Singapore Beverages Pte Ltd - Executive Director
Nereus Impex Pte Ltd - Executive Director
Etagreen Corp Pte Ltd - Executive Director
Global Spirits Ventures Pte Ltd - Executive Director
Nereus Cape Pte Ltd - Executive Director
Etagreen Management Sdn Bhd - Executive Director
Star Women Inspired Networks Sdn Bhd - Executive Director
Etagreen Biomass Energy Sdn Bhd - Executive Director
Lecca Holdings (M) Sdn Bhd - Executive Director
Lecca Asset Management Sdn. Bhd. - Executive Director
Lecca Capital (M) Sdn. Bhd. - Executive Director
Lecca Properties (M) Sdn. Bhd. - Executive Director
Etagreen Asset Sdn Bhd - Executive Director
Asiatic Group (Holdings) Limited - Non-Independent 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?
Yes
If yes, please provide details of prior experience.
Dato Teh is a Non-Independent Non-Executive Director of Asiatic Group (Holdings) Limited.
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.