Change - Announcement of Appointment::Announcement of Appointment of Director of Finance

Issuer & Securities

Issuer/ Manager
CHARISMA ENERGY SERVICES LIMITED
Securities
CHARISMAENERGY SERVICES LTD - SGXE64291615 - YSV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Aug-2025 18:32:40
Status
New
Announcement Sub Title
Announcement of Appointment of Director of Finance
Announcement Reference
SG250801OTHRKZVS
Submitted By (Co./ Ind. Name)
Cho Form Po
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Director of Finance.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
01/08/2025
Name Of Person
Quek Wey Lon
Age
59
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 assessment and recommendation by the Nominating Committee, and having reviewed and considered the qualifications, experiences as well as the diversity skillsets that Mr Quek Wey Lon ("Mr Quek") possesses, is satisfied that Mr Quek has the requisite experiences and capabilities to assume the role as a Director of Finance of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive.

Mr Quek is responsible for the Group's overall finance function which include accounting, internal controls, financial and management reporting, investment, tax, treasury, financial analysis, mergers & acquisitions support, risk management and investor relations.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Director of Finance
Professional qualifications
Chartered Accountant - Institute of Chartered Accountants in England and Wales.

Bachelor of Electrical & Electronics Engineering (First Class Honors) - King's College, University of London
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
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
Oct 2023 - Present
Strategic Business Consultant of Charisma Energy Services Limited

Dec 2022 - Present
Co-founder of Harmos Pte Ltd

Jan 2020 - Jun 2022
Chief Operating Officer of Kitchen Culture Holdings Limited

2012 - 2019
Managing Director of Sinbor Company (Private) Limited
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?
No
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)
Nil
Present
CES Green Power S.A. Pte. Ltd
Grenzone Pte. Ltd
CES Hydro Power Group Pte. Ltd.
CES Oil Services Pte. Ltd.
AUS AM Pte. Ltd.
CESL Investments Pte. Ltd.
Saems Capital II B.V.
CES Hydro Power (SL) Limited
Cosmic Marvel International Limited
Harmos Pte Ltd
Ventus Global 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
Yes
If Yes, Please provide full details
Mr Quek was previously employed as Chief Operating Officer of Kitchen Culture Holdings Limited (from Jan 2020 to Jun 2022), which was issued Notices of Compliance dated 14 July 2021 and 19 August 2021 by SGX Regco, requiring the company to appoint an independent special auditor to look into the alleged payroll irregularities and unauthorized funds transfer to an overseas entity.

However, Mr Quek was not the subject of the investigation because he was not overseeing the HR/Payroll nor the Finance departments.
(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
Not Applicable
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