Change - Announcement of Appointment::Appointment of Independent Non-Executive Director - Mr Lai Kuan Loong, Victor

Issuer & Securities

Issuer/ Manager
SANLI ENVIRONMENTAL LIMITED
Securities
SANLI ENVIRONMENTAL LIMITED - SG1DG8000009 - 1E3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Apr-2026 17:53:36
Status
New
Announcement Sub Title
Appointment of Independent Non-Executive Director - Mr Lai Kuan Loong, Victor
Announcement Reference
SG260401OTHRK4ED
Submitted By (Co./ Ind. Name)
Sim Hock Heng
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Lai Kuan Loong, Victor as Independent Non-Executive Director of the Company.


This announcement has been reviewed by the Company's sponsor ("Sponsor"), SAC Capital Private Limited. This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("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. Lim Qi Fang (Tel: (65) 6232 3221) at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Additional Details

Date of appointment
01/04/2026
Name of person
Lai Kuan Loong, Victor
Age
48
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 considered the assessment and recommendation by the Nominating Committee, and having reviewed and considered Mr Lai Kuan Loong, Victor ("Mr Lai")'s qualifications and experiences, is of the view that Mr Lai possesses the requisite experience and capabilities to assume the role as an Independent Non-Executive Director of the Company. The Board considers Mr Lai to be independent for the purpose of Rule 704(7) of the Catalist Rules. As part of the Board renewal process, the Company will, in due course, make relevant announcement regarding the reconstitution of the Board Committees, including the Board Committees on which Mr Lai will serve.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director
Professional qualifications
- Fellow Chartered Accountant, ISCA
- Public Accountant, ACRA
- Bachelor of Accountancy (Hon), Nanyang Technological University
Working experience and occupation(s) during the past 10 years
April 2023 to Present
- Reliance Audit PAC, Public Accountant

February 2020 to Present
- Citadelcorp Pte Ltd, Principal Consultant

August 2019 to December 2019
- Boardroom Limited, Consultant

February 2015 to July 2019
- Boardroom Limited, Regional Managing Director
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
None
Conflict of interest (including any competing business)
None
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)
Non-Executive Directorships:
1. Transcorp Holdings Limited
2. Mobile-health Network Solutions
3. Homestolife Ltd
4. QHFOXX Pte Ltd
5. QHF Meta Pte Ltd
6. KH Marque Pte Ltd
7. Universal Terminal (S) Pte Ltd
8. UT Singapore Services Pte Ltd
Present
Non-Executive Directorships:
1. Astaka Holdings Limited
2. JCY International Berhad (Malaysia)
3. CHG-Meridian Singapore Pte Ltd
4. Koyo International Limited
5. Daiho Energy Services Pte Ltd
6. Gadera Pte Ltd
7. Faerma Pte Ltd
8. Zicap Limited (BVI)
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.
Mr Lai was appointed as Independent Director of Astaka Holdings Limited ("Astaka") since November 2019. Astaka had, on 20 Aug 2021, received a public reprimand from SGX-ST's Listing Disciplinary Committee in relation to the failure to promptly disclose a letter of demand dated 11 July 2019, which occurred prior to Mr Lai's appointment to the board of Astaka. Mr Lai was not the subject of the reprimand nor was Mr Lai involved in the investigation in relation to the matter.

Mr Lai was appointed to the Board of Transcorp Holdings Limited ("Transcorp") from 12 Jul 2019 to 29 Oct 2021. Transcorp received a delisting notice from SGXRegCo on 14 Sep 2020 due to non-compliance with certain Catalist Rules, including the inability to appoint a continuing sponsor within the stipulated time period, and to announce the Company's financial results, annual report and sustainability report for FY2019, as well as to hold the FY2019 AGM.
(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?
Yes
If yes, please provide full details.
Please refer to (j)(i) above.
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.
Mr Lai is a current independent director of Astaka Holdings Limited and Koyo International Limited that are listed on the Singapore Exchange.