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

Issuer & Securities

Issuer/ Manager
ISDN HOLDINGS LIMITED
Securities
ISDN HOLDINGS LIMITED - SG1S48927937 - I07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Apr-2026 19:12:08
Status
New
Announcement Sub Title
Announcement of Appointment of Independent Non-Executive Director
Announcement Reference
SG260430OTHRUJVD
Submitted By (Co./ Ind. Name)
Teo Cher Koon
Designation
President and Managing Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Independent Non-Executive Director

Additional Details

Date of appointment
30/04/2026
Name of person
Lim Teck Chai, Danny ("Mr. Lim")
Age
52
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, having reviewed and considered the Nominating Committee's assessment of Mr. Lim's qualifications and work experience, is of the view that he possesses the requisite experience and capabilities to assume the responsibilities as an Independent Non-Executive Director of the Company.

Mr. Lim is considered independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.

Accordingly, the Board of Directors has approved the appointment of Mr. Lim as an Independent Non-Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
No, appointment is as Independent Non-Executive Director
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, member of the Audit Committee, Remuneration Committee and Risk Management Committee.
Professional qualifications
Bachelor of Laws (Hons), National University of Singapore, Singapore

Master of Science in Applied Finance, Nanyang Technological University, Singapore

Advocate and solicitor of the Supreme Court of Singapore
Working experience and occupation(s) during the past 10 years
ValueMax Group Limited
Independent Non-executive Director
(January 2022 - Present)

Advancer Global Limited
Independent Non-executive Director
(December 2019 - Present)

Choo Chiang Holdings Ltd
Independent Non-executive Director
(August 2018 - Present)

Stamford Land Corporation Ltd
Independent Non-executive Director
(May 2017 - Present)(1)

Kimly Limited
Independent Non-executive Director
(February 2017 - Present)(2)

Rajah & Tann Singapore LLP
Partner, Capital Markets/Mergers & Acquisition
(January 2006 - Present)

Notes:

(1) Mr. Lim expects to retire from the board of directors of Stamford Land Corporation Ltd at its forthcoming annual general meeting in July 2026, after a nine year tenure, pursuant to the SGX-ST Listing Manual.

(2) Similarly, Mr. Lim expects to retire from the board of directors of Kimly Limited at its annual general meeting in January 2027.
Shareholding interest in the listed issuer and its subsidiaries
No
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interest (including any competing business)
No
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
Nil
Present
ValueMax Group Limited
Independent Non-executive Director
(January 2022 - Present)

Advancer Global Limited
Independent Non-executive Director
(December 2019 - Present)

Choo Chiang Holdings Ltd
Independent Non-executive Director
(August 2018 - Present)

Stamford Land Corporation Ltd
Independent Non-executive Director
(May 2017 - Present)

Kimly Limited
Independent Non-executive Director
(February 2017 - Present)

Rajah & Tann Singapore LLP
Partner, Capital Markets/Mergers & Acquisition
(January 2006 - Present))
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(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
Yes
If yes, please provide full details.
Yes, see below paragraph (k)
(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?
Yes
If yes, please provide full details.
Yes, see below paragraph (k)
(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?
Yes
If yes, please provide full details.
Yes, see below.

Additional Information

a) in February 2022, two former executive directors of Kimly Limited were fined and disqualified by the Singapore courts for failure to disclose in a transaction involving the company. Mr. Lim was then, and remains, an independent non-executive director of the company. For the avoidance of doubt, Mr. Lim was not the subject matter of any investigation personally; and

b) in December 2023, Stamford Land Corporation Ltd (of which Mr. Lim was then, and remains, a non-executive independent director) and SGX-ST issued a joint statement on resolution of an issue relating to the allocation of rights shares for excess applications under Rule 877(10) of the SGX-ST Listing Manual arising from the company's rights issue exercise announced in December 2021, without any admission as to liability.
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.
ValueMax Group Limited
Independent Non-executive Director
(January 2022 - Present)

Advancer Global Limited
Independent Non-executive Director
(December 2019 - Present)

Choo Chiang Holdings Ltd
Independent Non-executive Director
(August 2018 - Present)

Stamford Land Corporation Ltd
Independent Non-executive Director
(May 2017 - Present)

Kimly Limited
Independent Non-executive Director
(February 2017 - Present)
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