Change - Announcement of Appointment::Appointment of Group Financial Controller as an Executive Officer - Mr Chia Wei Yang (Ethan)

Issuer & Securities

Issuer/ Manager
WILTON RESOURCES CORPORATION LIMITED
Securities
WILTON RESOURCES CORP LIMITED - SG2G45999965 - 5F7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
02-Mar-2021 22:53:03
Status
New
Announcement Sub Title
Appointment of Group Financial Controller as an Executive Officer - Mr Chia Wei Yang (Ethan)
Announcement Reference
SG210302OTHRK35M
Submitted By (Co./ Ind. Name)
Teo Chia Hui
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by Wilton Resources Corporation Limited (the "Company") and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST 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 Ms. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 6636 4201.

Additional Details

Date Of Appointment
03/03/2021
Name Of Person
Chia Wei Yang (Ethan)
Age
33
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Chia Wei Yang (Ethan) ("Mr Chia") joined the Company as Manager in November 2016 and reported to Mr Andrianto Darmasaputra Lawrence (Vice President, Operations).

The Audit Committee has recommended the appointment of Mr Chia be an Executive Officer of the Company. The Nominating Committee has assessed the appointment of Mr Chia, based on his qualification, work experience, as well as his performance as the Group Financial Controller.

The Board, with the recommendation of the Audit Committee and the Nominating Committee, approves the appointment of Mr Chia (Group Financial Controller) as an Executive Officer of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Chia will be responsible for providing leadership and direction for all aspects of financial planning, internal control compliance, financial reporting matters of the Company and its Group of companies, and communication of financial performance and forecast of the Group's performance to the Board of Directors and SGX.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Financial Controller
Professional qualifications
Royal Melbourne Institute of Technology; Bachelor of Business (Accountancy)

CPA (Australia)
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
October 2019 to Current
PT. Wilton Makmur Indonesia Tbk
Director

October 2019 to Current
Wilton Resources Corporation Limited
Group Financial Controller

November 2016 to October 2019
Wilton Resources Corporation Limited
Manager

November 2014 to October 2016
Ernst & Young (Singapore)
Audit Assistant Manager

November 2012 to October 2014
Deloitte & Touche (Singapore)
Audit Senior
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?
Yes
Shareholding Details
3,960,000 shares in PT. Wilton Makmur Indonesia Tbk.
# 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)
Nil
Present
Director of PT. Wilton Makmur Indonesia Tbk.
(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
Not applicable. The appointment is not as a director of the Company.
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. The appointment is not as a director of the Company.