Change - Announcement of Appointment::APPOINTMENT OF NON-EXECUTIVE AND NON -NDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
ADDVALUE TECHNOLOGIES LTD
Securities
ADDVALUE TECHNOLOGIES LTD - SG1I67883666 - A31
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
31-Dec-2021 22:11:08
Status
New
Announcement Sub Title
APPOINTMENT OF NON-EXECUTIVE AND NON -NDEPENDENT DIRECTOR
Announcement Reference
SG211231OTHRVRPZ
Submitted By (Co./ Ind. Name)
DR CHAN KUM LOK COLIN
Designation
CHAIRMAN AND CEO
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Chua Chwee Koh as a Non-Executive and Non-Independent Director of the Company

Additional Details

Date Of Appointment
01/01/2022
Name Of Person
Chua Chwee Koh
Age
58
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, having accepted the recommendation of its NC to appoint Mr Chua Chwee Koh as an Non Executive and Non Independent Director of the Company (Appointment), is of the opinion that Mr Chua brings with him a wealth of experience having served 22 years in Singapore Armed Forces (retiring with the rank of Brigadier General) and subsequently spent another 17 years with Certis CISCO in leading and transforming its business operation and that the Company will be able to tap on his experience, management expertise and network, particularly, on matter relating to strategy and long term goals.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive and Non-Independent
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Board Member
Professional qualifications
Mr Chua graduated with a Bachelor of Science - BS, Mechanical Engineering & Economics with First Class Honours from University of Birmingham in 1985. He holds a Master of Public Administration from Harvard University and also completed Advance Management Program by Harvard Business School
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
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
Mr Chua joined Certis CISCO since 2004 as Chief Operating Officer and subsequently Chief Group Technology & Operations in Certis CISCO Security Pte Ltd
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)
Chief Operating Officer and subsequently Chief Group Technology & Operations in Certis CISCO Security Pte Ltd. He is a director of the following companies:
1. Certis CISCO Aviation Security Pte Ltd
2. Certis CISCO Secure Logistics Pte Ltd
3. Certis Management Services Pte Ltd
4. Synergy FMI Pte Ltd
(n.k.a. Certis Integrated Facilities Management Pte Ltd)
5. The Commercial & Industrial Security Corporation Pte Ltd
6. Certis CISCO Consulting Services Pte Ltd
7. Certis CISCO Manpower Pte Ltd
8. Certis CISCO Auxiliary Police Force Pte Ltd
9. Certis Healthcare Pte Ltd
10. Lodgings Pte Ltd
11. Certis Guarding Services LLC in UAE
12. Certis Security LLC in UAE
Present
Senior Advisor in Certis CISCO
(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
Attended the requisite training at SID in Oct 2021.
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)
N.A