Change - Announcement of Appointment::APPOINTMENT OF GROUP HEAD OF FINANCE

Issuer & Securities

Issuer/ Manager
VIKING OFFSHORE AND MARINE LIMITED
Securities
VIKING OFFSHORE & MARINE LTD - SGXE45420721 - 1Y1
VIKING OFFSHORE & MA W220701 - SGXN37575515 - KZHW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
20-May-2022 19:14:28
Status
New
Announcement Sub Title
APPOINTMENT OF GROUP HEAD OF FINANCE
Announcement Reference
SG220520OTHRMH1O
Submitted By (Co./ Ind. Name)
Datuk Low Kim Leng
Designation
Chairman and Independent Non-Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Cheong San Wai as Group Head of Finance.

This announcement has been prepared by 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 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Date Of Appointment
01/06/2022
Name Of Person
Cheong San Wai ("Mr Cheong")
Age
60
Country Of Principal Residence
Malaysia
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The appointment of Mr Cheong as the Group Head of Finance was recommended by the Nominating Committee and the Audit Committee of the Company and approved by the Board of Directors of the Company (the "Board") after taking into consideration Mr Cheong's qualifications, expertise and work experience. The Board is satisfied that Mr Cheong has the requisite experience and capabilities to assume the role and responsibilities of the Group Head of Finance.
Whether appointment is executive, and if so, the area of responsibility
This is an executive appointment and Mr Cheong is responsible for overseeing financial, accounting and corporate secretarial matters of the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Head of Finance
Professional qualifications
Chartered Institute of Management Accountants (CIMA)
Malaysian Institute of Accountants (MIA)
Master of Business Administration, University of Leicester (MBA)
Certified Financial Planner (CFP) (Financial Planning Association of Malaysia)
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
Viking Offshore and Marine Limited (Group Financial Controller) Feb 2022 - Present
Diverse Supply Chain Sdn Bhd (Financial Controller cum HR Manager) Feb 2022 - Present
Sophistech Advance Sdn Bhd (Financial Controller) Nov 2021 - Jan 2022
Togl Technology Sdn Bhd (Financial Controller) March 2020 - August 2021
Magna Prima Berhad (Financial Controller) January 2018 - February 2020
Speed Concrete Industries Sdn Bhd (Financial Controller) July 2017 - December 2017
DCNS Malaysia Sdn Bhd (Finance Manager) January 2013 - June 2017
SAAG Consolidated (M) Berhad (Group Finance Manager) January 2011 - December 2012
Nam Fatt Corporation Berhad (Senior Manager - Finance) 2009 - 2011
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
# 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
Nil
(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
N/A. The appointment is not as a director of the Company.