Change - Announcement of Appointment::Appointment of Executive Director

Issuer & Securities

Issuer/ Manager
THE TRENDLINES GROUP LTD.
Securities
THE TRENDLINES GROUP LTD. - IL0011328858 - 42T
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
24-Feb-2025 20:59:10
Status
New
Announcement Sub Title
Appointment of Executive Director
Announcement Reference
SG250224OTHRB7WD
Submitted By (Co./ Ind. Name)
Sahar Farah
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
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, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Date Of Appointment
24/02/2025
Name Of Person
Haim Brosh
Age
58
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 nomination of Mr. Haim Brosh ("Mr. Brosh") to the Board of Directors is to (a) exploit the knowledge and experience that Mr. Brosh has accumulated in his years of work in the Company as a formal member of the Board of Directors; (b) better foster an alignment between the Board and Management of the Company; and (c) maintain the required number five (5) of directors as stipulated by the Company's Articles of Association.
Whether appointment is executive, and if so, the area of responsibility
Mr. Brosh is the Chief Executive Officer, and Interim Chief Financial officer of the Group, bearing overall responsibility for the running of the Company.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director, Chief Executive Officer and Interim Chief Financial Officer
Professional qualifications
CPA
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
Chief Financial Officer and Joint Company Secretary, The Trendlines Group
Chief Executive Officer, The Trendlines Group
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
563,063
# 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
NeuroQuest Ltd.
Brosh Investments Inc.
H.M.B.I. Constructii Imobiliare SRL
H.M. Investment Imobiliare SRL
Agrifood Impact Partners Pte. Ltd.
Trendlines Agrifood Fund Pte. Ltd.
Trendlines Agrifood Innovation Centre Pte. Ltd.
Trendlines Medical Singapore Pte. Ltd.
Haim Brosh Management Services 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
See below.
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)
The Nominating Committee has assessed that even though Mr. Brosh has no prior experience as a director of an issuer listed on the Singapore Exchange, he possesses relevant experience that is comparable to the experience of a person who has served as a director of an issuer listed on the Exchange. This includes his extensive experience with corporate regulatory and compliance requirements, including directors' statutory and other duties gained during his tenure as Chief Financial Officer and Joint Company Secretary for over six (6) years, as well as his knowledge and experience in mergers and acquisitions and capital markets. However, if the Nomination Committee feels at any time further training is necessary, there is a budget set aside for such purposes for Mr. Brosh and other board members to undergo such trainings.