Change - Announcement of Appointment::Appointment of Chairman of the Nominating Committee

Issuer & Securities

Issuer/ Manager
BOUSTEAD SINGAPORE LIMITED
Securities
BOUSTEAD SINGAPORE LIMITED - SG1X13940751 - F9D
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Jul-2025 19:16:50
Status
New
Announcement Sub Title
Appointment of Chairman of the Nominating Committee
Announcement Reference
SG250725OTHRD4US
Submitted By (Co./ Ind. Name)
Alvin Kok
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Mr Liak Teng Lit, a Non-Independent Non-Executive Director, did not seek re-election as a Director of the Company by rotation pursuant to Article 94 of the Constitution of the Company s Constitution at the Annual General Meeting on 25 July 2025. Mr Liak has accordingly retired as a Director of the Company and relinquished his position as Chairman of the Nominating Committee and member of the Audit Committee following the conclusion of the Annual General Meeting.

With the retirement of Mr Liak, the Board of Directors of the Company has appointed Professor Yong Kwet Yew, an Independent Non-Executive Director, as Chairman of the Nominating Committee.

Additional Details

Date Of Appointment
25/07/2025
Name Of Person
Yong Kwet Yew
Age
71
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)
Professor Yong Kwet Yew is Emeritus Professor of Civil and Environmental Engineering and formerly Senior Vice President (Campus Development) at the National University of Singapore. With over 45 years of extensive research and practice in the Built Environment, he is one of the leading experts in Singapore and Southeast Asia in civil engineering, large scale infrastructure development, and more recently, sustainable development.

The Board of Directors and the Nominating Committee are of the view that Prof Yong's experience would enable him to provide valuable input and leadership as Chairman of the Nominating Committee.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of the Nominating Committee and member of the Audit & Risk Committee and Remuneration Committee.
Professional qualifications
BEng (1st Class Hons), PhD, FIES, PEng
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
Professor of Civil & Environmental Engineering and formerly Senior Vice President (Campus Infrastructure), National University of Singapore
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)
1. Independent Director, Boustead Projects Limited
2. Independent Director,
BBR Holdings (S) Ltd
3. Independent Director,
Tritech Group Ltd
4. Sr Vice President, NUS
5. Board and Exco Member, LTA
Present
1. Professor, NUS
2. Board Member, PUB
(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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
1. Independent Director, Boustead Projects
Limited
2. Independent Director,
BBR Holdings (S) Ltd
3. Independent Director,
Tritech Group Ltd
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

Attachments

Boustead Announcement-Reconstitution of Board Committees-25.07.2025.pdf
Total size =193K