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

Issuer & Securities

Issuer/ Manager
YOMA STRATEGIC HOLDINGS LTD.
Securities
YOMA STRATEGIC HOLDINGS LTD - SG1T74931364 - Z59
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
31-Jul-2025 17:24:53
Status
New
Announcement Sub Title
Re-designation of Non-Executive Independent Director to Non-Executive Lead Independent Director
Announcement Reference
SG250731OTHR3PSV
Submitted By (Co./ Ind. Name)
Melvyn Pun
Designation
Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Re-designation of Professor Koh Annie as Non-Executive Lead Independent Director

Additional Details

Date Of Appointment
01/08/2025
Name Of Person
Koh Annie
Age
71
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
30/07/2024
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Professor Koh Annie is currently a Non-Executive Independent Director, a member of the Audit and Risk Management Committee ("ARMC") and a member of the Remuneration Committee ("RC") of the Company.

The re-designation of Professor Koh Annie as the Company's Non-Executive Lead Independent Director with effect from 1 August 2025 was proposed by the Nominating and Governance Committee ("NGC") in conjunction with the cessation of Ms. Wong Su Yen as Non-Executive Lead Independent Director of the Company with effect from the conclusion of the Annual General Meeting to be held on 31 July 2025, taking into account Professor Koh Annie's qualifications, expertise and experience. With effect from 1 August 2025, Professor Koh Annie will cease as a member of the ARMC and will be appointed as Chairman of the NGC. She will remain as a member of the RC.

Save for Professor Koh Annie who abstained from deliberating and voting on her own re-designation, the Board concurred with the recommendation of the NGC and approved the re-designation of Professor Koh Annie as the Company's Non-Executive Lead Independent Director with effect from 1 August 2025.
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 Lead Independent Director, Chairman of the NGC and member of the RC
Professional qualifications
1975: Bachelor of Social Science and Economics (Honours), National University of Singapore
1988: Ph.D. degree in International Finance as a Fulbright Scholar, New York University (Stern School of Business)
2010: Singapore Public Administration Medals (Bronze)
2016: Singapore Public Administration Medals (Silver)
2017: Adult Education Prism Award for contributions to the education and public sectors
2023: Tripartite Alliance Award
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
2021 - Present : Professor Emeritus of Finance (Practice) at Lee Kong Chian School of Business in Singapore Management University
2012 - 2020 : Vice President for Business Development; V3 Group Professor of Family Entrepreneurship; Academic Director of Business Families Institute and International Trading Institute in Singapore Management University
2007 - 2012: Dean of Office of Executive and Professional Education in Singapore Management University
2003 - 2010: Associate Dean of Lee Kong Chian School of Business in Singapore Management University
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
Direct interest: 397,000 ordinary shares of the Company
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)
Principal Commitment(s):
1. Chaired of the Asian Bond Fund 2 supervisory committee for the Monetary Authority of Singapore

Directorship(s)
1. Cyber Youth Singapore
2. Government Technology Agency of Singapore
3. Health Management International Ltd
4. HR Industry Transformation Advisory Panel
5. K1 Ventures Limited
6. Prime US REIT Management Pte. Ltd.
7. PBA International Pte. Ltd.
8. Singapore Central Provident Fund
Present
Principal Commitment(s):
1. Professor Emeritus of Finance (Practice) at Lee Kong Chian School of Business in Singapore Management University

Directorship(s)
1. AMTD IDEA Group
2. JKC4Life Holdings Limited
3. Mewah International Inc.
4. Prudential Assurance Company Singapore (Pte) Limited
5. Singapore Food Agency
6. Eton House Community Fund Limited
7. WWF Singapore
(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
Prof. Koh is currently a director of the Company, AMTD IDEA Group and Mewah International Inc..
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)
N/A