Change - Announcement of Appointment::Appointment of Chief Operating Officer and Executive Director - GAN SHIYING

Issuer & Securities

Issuer/ Manager
ADVANCED SYSTEMS AUTOMATION LIMITED
Securities
ADVANCEDSYSTEMS AUTOMATION - SGXE59672050 - WJ9
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
02-Apr-2026 00:59:54
Status
New
Announcement Sub Title
Appointment of Chief Operating Officer and Executive Director - GAN SHIYING
Announcement Reference
SG260402OTHRZCVJ
Submitted By (Co./ Ind. Name)
Ng Foong Han
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
The Board of Directors ("Board") of Advanced Systems Automation Limited (the "Company") wishes to announce the appointment of Ms Gan Shiying ("Ms. Gan") as Chief Operating Officer and Executive Director of the Company with effect from 1 April 2026.

The announcement has been reviewed by the Company's Sponsor, Asian Corporate Advisors Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities (the "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. Liau H.K., at 160 Robinson Road, #21-05 SBF Center, Singapore 068914, telephone number: 6221 0271.

Additional Details

Date of appointment
01/04/2026
Name of person
Gan Shiying
Age
41
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, having considered the recommendation of the Nominating Committee, is of the view that Ms. Gan's appointment will strengthen the Board's competencies, particularly in the areas of corporate finance, capital allocation and investment strategy.

In arriving at its decision, the Board has considered Ms. Gan's experience in investment management, corporate advisory and strategic transactions, as well as her ability to contribute to the Company's strategic direction and value creation initiatives.

The Board has also taken into account the Company's board diversity objectives, including diversity of skills, experience and perspectives, and is satisfied that her appointment will enhance the overall effectiveness of the Board.
Whether appointment is executive, and if so, the area of responsibility
Executive. Ms. Gan will be responsible for strategic, corporate finance and investment-related matters of the Group, including capital allocation, evaluation of growth initiatives and corporate transactions, as well as supporting the Board and management in driving the Company's strategic and transformation initiatives.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer and Executive Director
Professional qualifications
Ms. Gan holds a Master of Science in Financial Economics from the University of Oxford and a Bachelor of Science (First-Class Honours) in Economics from University College London. She is an SID Accredited Director and an Associate Member of CPA Australia.
Working experience and occupation(s) during the past 10 years
Single Family Officer - Investment Director (May 2021 to March 2026)
nTan Corporate Advisory Pte. Ltd. - Consultant (August 2020 to present)
Kalms Singapore Pte. Ltd. - Investment Director (January 2019 to March 2020)
Northwaters Capital Pte. Ltd. - Vice President (September 2018 to May 2019)
Asia Box Office Pte. Ltd. - Chief Operating Officer (December 2017 to August 2018)
Six Capital Wealth Pte. Ltd. - Vice President (June 2015 to July 2017)
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
No
Conflict of interest (including any competing business)
No
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)
Kreuz Challenger Pte. Ltd.
K. Subsea Brunei Limited (BVI)
K. Subsea Marine Pte. Ltd.
Present
Director, S9 Asset Management Pte. Ltd. (2021 to Present)
Director - The Smart Think Australia Pty. Ltd. (2020 to Present)
Member - National Youth Council (2024 to Present)
Advisory Committee - National Youth Fund (2025 to Present)
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?
Yes
If yes, please provide full details.
For completeness, Ms. Gan was involved in a civil claim in 2018 but was neither a director nor a key executive of the relevant entity. Ms. Gan applied to strike out the claim on the basis that it was a groundless action. The claim against Ms. Gan was discontinued in May 2019, prior to the trial, with no findings of liability, wrongdoing or misconduct, as recorded in the High Court judgment (2020 SGHC 42).
(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.
Ms. Gan will attend the relevant training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.