Change - Announcement of Appointment::Announcement of Appointment

Issuer & Securities

Issuer/ Manager
DATAPULSE TECHNOLOGY LIMITED
Securities
DATAPULSE TECHNOLOGY LIMITED - SG1CB7000003 - BKW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
02-Jan-2024 18:29:46
Status
New
Announcement Sub Title
Announcement of Appointment
Announcement Reference
SG240102OTHRPO56
Submitted By (Co./ Ind. Name)
Yeo Sock Koon
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Re-designation of Mr Ang Kong Meng from Non-Independent Non-Executive Director and Board Chairman to Executive Chairman and Chief Executive Officer

Additional Details

Date Of Appointment
01/02/2024
Name Of Person
Ang Kong Meng
Age
72
Country Of Principal Residence
Singapore
Date of last re-appointment (if applicable)
22/11/2023
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Ang Kong Meng was appointed as a Non-Independent Non-Executive Director of the Company on 27 March 2023 and as Chairman of the Board on 12 July 2023.

The Board has considered and accepted the Nominating Committee's recommendation to re-designate Mr Ang Kong Meng as the Executive Chairman and Chief Executive Officer of the Company, after reviewing his educational background, professional qualifications, extensive working experience, as well as familiarity with the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive

Mr Ang is well equipped to undertake the executive role in the Company and lead the Group's business and operations. As Executive Chairman and Chief Executive Officer, Mr Ang is responsible for the overall management of the Company and its subsidiaries. He is also responsible for the effective function of the Board and charting the strategic direction of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer
Professional qualifications
Bachelor of Accountancy, Singapore University
Master of Business Administration, University of Honolulu
Associate of Insolvency Practitioners Association 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 Ang Kong Meng is a substantial shareholder of Datapulse Technology Limited with 76.37% direct interest of the Company.
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Ang & Co PAC - Public Accountant (until 2 January 2024)
Lee Boon Song & Co PAC - Public Accountant (until 2 January 2024)
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 - 183,009,816 shares in Datapulse Technology Limited
Direct interest - 55,535,469 warrants in Datapulse Technology Limited
# 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)
HKE Holdings Limited (listed on HKSE)
New Lenn International Pte Ltd
Klaven (M) Sdn Bhd
Ritzo Cosmetic (M) Sdn Bhd
Present
Datapulse Technology Limited
Datapulse Pte. Ltd.
Datapulse Investment Pte Ltd
Capiti Investment Pte. Ltd.
Capiti Asset Management Pte. Ltd.
KPH Top Pte. Ltd.
KPH 2 Pte. Ltd.
KPH Pte. Ltd.
SPH Top Pte. Ltd.
SPH 1 Pte. Ltd.
AKM Investment Pte Ltd
Ang and Co PAC
Hwa Koon Engineering Pte Ltd
Lee Boon Song & Co PAC
Lenn International Pte Ltd
Way Company Pte Ltd
AKM Properties Pte Ltd
Asian American Medical Group Ltd (listed on ASX)
Anone Holdings Pte Ltd
Weiker Enterprise Pte Ltd
Asian American Healthcare Ventures Pte Ltd
Hiap Yew Holdings Pte Ltd
Dalen Marketing Pte Ltd
Klaven (S) Pte Ltd
Ritzo Cosmetic (S) Pte Ltd
Skylight Illumination Limited (BVI)
Philosophy Global Limited (BVI)
Asian American Medical Group Inc (BVI)
Wayco Manufacturing (M) Sdn Bhd
Wayco Trading (M) Sdn Bhd
(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
Director of Datapulse Technology Limited