Change - Announcement of Appointment::Appointment of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
KTL GLOBAL LIMITED
Securities
KTL GLOBAL LIMITED - SG1W37938998 - EB7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
17-Aug-2021 00:05:09
Status
New
Announcement Sub Title
Appointment of Chief Executive Officer
Announcement Reference
SG210817OTHR3CFM
Submitted By (Co./ Ind. Name)
Chng Hee Kok
Designation
Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Chin Teck Oon as Chief Executive Officer of the Company with effect from 16 August 2021.

Additional Details

Date Of Appointment
16/08/2021
Name Of Person
Chin Teck Oon
Age
49
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr. Chin Teck Oon is an existing Executive Director of the Company and he has been leading the management team in the interim period subsequent to the resignation of Mr. Liu Changsheng as Chief Executive Officer with effect from 31 July 2021.

The Board of Directors having considered the Nominating Committee's recommendation and assessment of Mr. Chin's background, qualifications, experience and commitment, is of the view that Mr. Chin has the requisite experience and capabilities to assume the responsibilities of a Chief Executive Officer.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr. Chin will be responsible for evaluating and exploring into new businesses of the Group, executing the Group's strategies and overseeing the Group's day-to-day operations and administrative matters.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Executive Officer
Professional qualifications
Not Applicable
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. Chin Teck Oon is a substantial shareholder of the Company.
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
April 2021 to Present
KTL Global Limited - Executive Director

December 2004 to Present
A-A Precision Wire Cut Pte. Ltd. - Founder and Director

July 2016 to Present
AA Home Star Sdn Bhd - Founder and Director

December 2017 to Present
Ice United Sdn Bhd - Founder and Director

September 2018 to Present
Mersing Star Sdn Bhd - Founder and Director

February 2021 to Present
Tianci International Pte. Ltd. - Director

April 2021 to Present
Tianci Agritech Pte. Ltd. - Director

June 2021 to Present
Gold Heartland Pte. Ltd. - Director
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
38,000,000 ordinary shares, representing 12.04% of the issued and paid-up share capital of the Company.
# 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)
None
Present
KTL Global Limited
A-A Precision Wire Cut Pte. Ltd.
Ice United Sdn Bhd
AA Home Star Sdn Bhd
Mersing Star Sdn Bhd
Tianci International Pte. Ltd.
Tianci Agritech Pte. Ltd.
Gold Heartland 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
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 relates to appointment as Chief Executive Officer.