Change - Announcement of Appointment::Change - Announcement of Appointment

Issuer & Securities

Issuer/ Manager
THOMSON MEDICAL GROUP LIMITED
Securities
THOMSON MED S$175M4.05%N250128 - SGXF89249654 - RMEB
THOMSON MEDICAL GROUP LIMITED - SG1M49904634 - A50
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-Aug-2022 07:02:30
Status
New
Announcement Sub Title
Change - Announcement of Appointment
Announcement Reference
SG220829OTHRQBPA
Submitted By (Co./ Ind. Name)
Foo Soon Soo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Lim Wee Kiat as Executive Vice-Chairman of the Group with effect from 1 September 2022

Additional Details

Date Of Appointment
01/09/2022
Name Of Person
Lim Wee Kiat
Age
29
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 Nominating and Remuneration Committee (NRC) of the Company, having reviewed Mr Lim Wee Kiat's experience and his contributions to the Group, has recommended to the Board that Mr Lim be appointed as the Executive Vice-Chairman of the Group with effect from 1 September 2022. Mr Lim is currently the Executive Director of the Group and CEO of Thomson X.

Mr Lim will be responsible for the overall growth strategies for the Group and will also work with the Board to grow the Group's business through mergers and acquisitions, particularly for core hospital services in fast-growing economies in Southeast Asia. He will also continue to oversee Thomson X, the Group's digital arm, to spearhead digital transformation for the Group.

The Board has reviewed and approved the appointment of Mr Lim as Executive Vice-Chairman of the Group.
Whether appointment is executive, and if so, the area of responsibility
Executive.

Responsible for the overall growth strategies for the Group and will also work with the Board to grow the Group's business through mergers and acquisitions, particularly for core hospital services in fast-growing economies in Southeast Asia. He will also continue to oversee Thomson X, the Group's digital arm, to spearhead digital transformation for the Group.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Vice-Chairman
Professional qualifications
Bachelor of Science in Psychology from University of New South Wales, 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
Mr Lim Wee Kiat is the son of the controlling shareholder, Mr Lim Eng Hock.
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
2022 - present
Executive Director
Thomson Medical Group Limited

Chief Executive Officer
Thomson X Pte Ltd

2017 - 2020
Vice President, Investments
Kestrel Capital 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)
Director
- Catpital Private Limited
Present
Director
- CO92 Foundation Limited
- Grvty Media Pte Ltd
- Hatch Health Pte Ltd
- Kestrel360 Pte Ltd
- Klouder Limited
- Mint Media Sports Pte. Ltd.
- RSP Holdings Pte Ltd
- RSP TopCo Pte Ltd
- Sasteria (M) Pte Ltd
- Sasteria Pte Ltd
- SelectStart Pte Ltd
- SL8 Pte Ltd
- Thomson X Pte Ltd
- Towerhill Pte Ltd
- Zuju GamePlay Pte. Ltd.
- ZujuGP Pte. Ltd.

Other Principal Commitments
- Vice President and Board member of Singapore eSports Association
(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?
Yes
If Yes, Please provide details of prior experience
Mr Lim is the existing Executive Director of Thomson Medical Group Limited.
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)
NA