Change - Announcement of Appointment::Appointment of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
ACESIAN PARTNERS LIMITED
Securities
ACESIAN PARTNERS LIMITED - SG1Q66923448 - 5FW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
07-May-2021 20:22:53
Status
New
Announcement Sub Title
Appointment of Independent Non-Executive Director
Announcement Reference
SG210507OTHRYOBW
Submitted By (Co./ Ind. Name)
Wong Kok Chye
Designation
Group Chief Operating Officer
Effective Date and Time of the event
07/05/2021 20:00:00
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, Asian Corporate Advisors 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 announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Liau H.K., at 160 Robinson Road, #21-05 SBF Center, Singapore 068914, Telephone number: 6221 0271

Additional Details

Date Of Appointment
07/05/2021
Name Of Person
Low Ka Choon Kevin
Age
54
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board has reviewed and taken into account Mr. Low's declaration of independence, his experience and education, having considered the recommendation of the Nominating Committee, is of the view that the appointment of Mr. Low as our Independent Non-Executive Director is appropriate.

The Board considers Mr. Low to be independent pursuant to Catalist Rules 704 (7).
Whether appointment is executive, and if so, the area of responsibility
Independent Director, Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Remuneration Committee Chairman, Audit Committee Member and Nominating Committee Member
Professional qualifications
Called to the Singapore Bar in 1992
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
1) April 2021 - Present, CEO of IPSCOM Pte Ltd (f.k.a. International Press Softcom Ltd)
2) 1999 - 2021, CEO of International Press Softcom Ltd (listed in SGX)
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)
Sen Yue Holdings Ltd
IP Softcom (Xiamen) Co Ltd
IP Softcom (Australia) Pty Ltd
Present
1) International Press Holdings Pte Ltd
2) IP Softcom (Malaysia) Sdn Bhd
3) IP Ventures Pte Ltd
4) IP Softcom (Shanghai) Co Ltd
5) Inpac Ventures Pte Ltd
6) IP Softcom (Shenzhen) Co Ltd
7) Greenfield Ventures (M) Sdn Bhd
8) IP Media (Xiamen) Co Ltd
9) IP Softcom (India) Pvt Ltd
10) Avantouch System Pte Ltd
11) Scantrans India Pvt Ltd
12) IPSCOM Supply Chain (Shanghai) Co Ltd
13) International Press Softcom (Vietnam) Co Ltd
14) Plan B Projects Pte Ltd
15) IPSCOM Returnable Pvt Ltd
16) ZHCC Investment Holdings Ltd
17) IPSCOM 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
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
International Press Softcom Ltd
Sen Yue Holdings Ltd