Change - Announcement of Appointment::Appointment of Executive Chairman and Re-designation from MD to CEO

Issuer & Securities

Issuer/ Manager
KODA LTD
Securities
KODA LTD - SG1CB1000009 - BJZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Oct-2020 17:34:10
Status
New
Announcement Sub Title
Appointment of Executive Chairman and Re-designation from MD to CEO
Announcement Reference
SG201030OTHRYEF2
Submitted By (Co./ Ind. Name)
James Koh Jyh Gang
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Executive Chairman and Re-designation from Managing Director to Chief Executive Officer

Additional Details

Date Of Appointment
17/04/1980
Name Of Person
James Koh Jyh Gang
Age
63
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board of Directors, having considered the recommendation of the Nominating Committee, and having reviewed the qualifications and working experience of James Koh Jyh Gang, is of the view that he has the requisite experience and capabilities to assume the responsibilities as the Executive Chairman and Chief Executive Officer of the Company.

Accordingly, the Board of Directors has approved the appointment of James Koh Jyh Gang as the Executive Chairman of the Company and his re-designation from Managing Director to Chief Executive Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Yes. Mr James Koh Jyh Gang's responsibilities include spearheading the Group's operations and growth strategies, and advising research and development and production teams on product development and processes
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer
Professional qualifications
Diploma in Management Studies from Singapore Institute of Management
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 Ernie Koh Jyh Eng
Mr Ernie Koh Jyh Eng, Executive Director, Sales & Marketing, is the brother of James Koh Jyh Gang.

Mdm Koh Shwu Lee
Mdm Koh Shwu Lee, Executive Director, Finance & Administration, is the sister of James Koh Jyh Gang.

Others
Key Management Personnel, Mr Koh Zhu Xian Joshua and Mr Koh Zhu Lian Julian are the sons of James Koh Jyh Gang.

Key Management Personnel, Mr Gan Shee Wen is the nephew of James Koh Jyh Gang.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
Current:
Executive Chairman and Chief Executive Officer of Koda Ltd
Director of Koda Saigon Co Ltd
Director of Koda Woodcraft Sdn Bhd
Director of Jatat Furniture Industries Sdb Bhd
Director of Commune Lifestyle Pte Ltd
Director of Commune Lifestyle Sdn Bhd
Director of Commune (Dongguan) Trading Co Ltd
Director of Koda International Co Ltd
Director of Koda Indochine Co Ltd

Past:
Director of Koda Vietnam Co Ltd (till July 2019)
Director of Outdoor Living Pte Ltd (till November 2015)
Director of Richin Furniture D cor Pte Ltd (till August 2016)
Chairman of Rossano Joint Stock Company (till June 2016)
Director of Metrolink International Limited (till August 2017)
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
Mr James Koh Jyh Gang has a direct interest in 11,023,094 shares in the Company and is deemed interested in 2,500,000 shares in the Company held in the name of DBS Nominees Pte Ltd.
# 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)
Director of Koda Vietnam Co Ltd

Director of Outdoor Living Pte Ltd

Director of Richin Furniture

Decor Pte Ltd

Chairman of Rossano Joint Stock Company

Director of Metrolink International Limited

President of the Singapore Furniture Industries Council ("SFIC")

Chairman of the International Furniture Fair Singapore ("IFFS")

Chairman of the International Furniture Centre Steering Committee

Member of the Local Enterprise Association Development programme.
Present
Executive Chairman and Chief Executive Officer of Koda Ltd

Director of Koda Saigon Co Ltd

Director of Koda Woodcraft Sdn Bhd

Director of Jatat Furniture Industries Sdb Bhd

Director of Commune Lifestyle Pte Ltd

Director of Commune Lifestyle Sdn Bhd

Director of Commune (Dongguan) Trading Co Ltd

Director of Koda International Co Ltd

Director of Koda Indochine Co Ltd

Presidential Adviser of the Singapore Furniture Industries Council ("SFIC")
(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?
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 as this is in relation to re-election of director