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

Issuer & Securities

Issuer/ Manager
H2G GREEN LIMITED
Securities
H2G GREEN LIMITED - SG1I98885227 - 5AI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
27-May-2025 20:34:46
Status
New
Announcement Sub Title
Appointment of Chief Executive Officer
Announcement Reference
SG250527OTHRSW9G
Submitted By (Co./ Ind. Name)
Mak Yen-Chen Andrew
Designation
Non-Executive Chairman and Independent Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Chief Executive Officer - Mr Pek Hak Bin

This announcement has been reviewed by the Company's sponsor, RHT Capital 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. Joseph Au at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Additional Details

Date Of Appointment
01/06/2025
Name Of Person
Pek Hak Bin
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 of Directors ("Board") of H2G Green Limited ("Company", together with its subsidiaries, collectively the "Group"), having considered the recommendations of the Nominating Committee, and having assessed Mr Pek Hak Bin's ("Mr Pek") character, integrity, suitability, and experience in executive leadership, finance and accounting, is of the view that he has the requisite capabilities to assume the duties and responsibilities of the Chief Executive Officer of the Company.

The Board is of the opinion that, with his extensive leadership experience in both global oil majors and public sector boards, Mr Pek as Chief Executive Officer of the Company will bring a unique blend of strategic vision, operational expertise, and governance acumen to unlock new opportunities for the Group's next stage of growth.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Pek will be responsible for the overall performance, strategic direction, and business development of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Professional qualifications
1. Bachelor of Accountancy (Hons), Nanyang Technological University
2. International Business Program, Harvard Business School
3. Global Company Operation Management Program, Stanford Graduate School of Business
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
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
2016 to Present: United Petroleum International Holdings Pte. Ltd. - Executive Director
2014 to 2020: Energy Market Authority of Singapore - Non-Executive Director
2015 to 2018: Cronus Resources Pte Ltd - CEO and Director
2013 to 2015: KPMG Singapore - Partner and Regional Head of Oil & Gas
2010 to 2016: Inland Revenue Authority of Singapore - Board member
2009 to 2015: Singapore Institute of Technology - Board member
2006 to 2012: BP Singapore Pte Ltd - Chairman and 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?
No
# 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)
Directorship:
1. Cronus Foundation Limited
2. Hillrise Resources Pte Ltd
3. Lionsgate Technology Group Pte. Ltd.
4. Sagana Collection Global Properties Pte Ltd
5. Tayrona Bay Pte. Ltd.
6. Tayrona Capital Financial Group Pte. Ltd.
7. Tayrona Financial Limited
8. Tayrona Financial Pte Ltd
9. Tayrona Futbol Holdings Pte. Ltd.
10. Tayrona Krabey Investments Pte. Ltd.
11. Tayrona Pacific Star Freeport Pte. Ltd.
12. Tayrona Pacific Star Pre Fund Pte. Ltd.
13. Tayrona Pacific Star GHF Pte. Ltd.
14. Tayrona Pacific Star Pte. Ltd.
15. Tayrona Puteri Investments Pte. Ltd.
16. Telham Hurst Limited
17. Unggul Resources Pte Ltd

Present
Directorship:
1. PEC Limited
2. United Petroleum International Holdings Pte. Ltd.
3. YMCA of Singapore

Principal Commitment:
United Petroleum International Holdings 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?
Yes
If Yes, Please provide full details
Mr Pek has been disqualified from acting as a director under Section 155A of the Companies Act 1967 of Singapore for 5 years from 9 July 2024. An application was submitted to the Accounting and Corporate Regulatory Authority (ACRA) and permission was granted on 23 August 2024 for Mr Pek to act as a director for (a) PEC Ltd.; (b) United Petroleum International Holdings Pte. Ltd.; and (c) YMCA Education Centre Limited.
(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
Mr Pek currently sits on the board of PEC Ltd. as an Independent Director.
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