Change - Announcement of Appointment::APPOINTMENT OF INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
OKH GLOBAL LTD.
Securities
OKH GLOBAL LTD. - BMG6730R1079 - S3N
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-May-2025 00:00:29
Status
New
Announcement Sub Title
APPOINTMENT OF INDEPENDENT DIRECTOR
Announcement Reference
SG250430OTHRHOXN
Submitted By (Co./ Ind. Name)
LOCK WAI HAN
Designation
EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
Please refer to the information below.

Additional Details

Date Of Appointment
30/04/2025
Name Of Person
Neo Boon Siong
Age
68
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 having considered (i) the recommendation of the Nominating Committee; and (ii) Dr. Neo Boon Siong's qualifications and experience, is of the view that Dr. Neo Boon Siong has the requisite experience and capabilities to assume the responsibilities of Independent Director of the Issuer.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of Audit and Risk Committee, Member of Nominating Committee
Professional qualifications
Bachelor of Accountancy (Honours) from National University of Singapore
Master of Business Administration and a PhD from the University of Pittsburgh, US.
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
2021 to present - Director of St Luke's Eldercare
2019 to 2024 - Director, Chip Eng Seng Corporation Ltd
2013 to 2019 - Director, OUE Hospitality Trust
2012 to 2021 - Director, Keppel Telecommunications & Transportation Ltd
2011 to 2019 - Dean and Professor at Nanyang Technological University
2011 to 2018 - Director and Chairman, k1 Ventures Ltd
2005 to 2017 - Director, J Lauritzen Singapore
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
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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)
Keppel Telecommunications & Transportation Ltd
Chip Eng Seng Corporation Ltd. (now known as Acrophyte Pte. Ltd.)
Present
St Luke's Eldercare Ltd.
Wealth Management Institute Limited
Wealth Management Institute International Pte. Ltd.
Resource Exchange International (Singapore) Ltd.
(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?
Yes
If Yes, Please provide full details
Dr. Neo Boon Siong, who was an independent director of OCBC Bank from 1 January 2005 to 31 December 2013; on 14 October 2008, the SIC found that, in relation to the withdrawal of the conditional cash offer by Asia Pacific Links Ltd for Jade Technologies Holdings Limited, where OCBC Bank had acted as the financial adviser to Asia Pacific Links Ltd until it had resigned on 2 April 2008, OCBC Bank (i) had not acted responsibly nor taken all reasonable steps to assure itself that sufficient cash was available to Dr. Anthony Soh Guan Cheow to satisfy full acceptance of such conditional cash offer and was therefore in breach of the standard of care required under Rules 3.5 and 23.8 of the Code; and (ii) had not met the standard of care required under Rule 8.2 of the Code in relation to Asia Pacific Links Ltd's disclosure of its interest in shares in Jade Technologies Holdings Limited under the Global Master Securities Lending Agreement in the offer announcement and the offer document pursuant to Rules 3.5(c) and 23.3(c) of the Code).
(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
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
Keppel Telecommunications & Transportation Ltd

Chip Eng Seng Corporation Ltd. (now known as Acrophyte Pte. Ltd.)

Oversea-Chinese Banking Corporation Limited

Great Eastern Holdings Limited

OUE Hospitality Trust
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