Change - Announcement of Appointment::Appointment of Chief Financial Officer

Issuer & Securities

Issuer/ Manager
BEVERLY WILSHIRE LTD.
Securities
BEVERLY WILSHIRE LTD. - SGXE28550544 - 9QX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
14-May-2026 21:20:56
Status
New
Announcement Sub Title
Appointment of Chief Financial Officer
Announcement Reference
SG260514OTHRBIFE
Submitted By (Co./ Ind. Name)
Tan Swee Gek
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, Evolve Capital Advisory Private Limited (the "Sponsor").

It has not been examined or approved by the Exchange, and the Exchange 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 Mr. Jerry Chua (Tel: (65) 6241 6626), at 160 Robinson Road, #20-01/02, SBF Center, Singapore 068914.

Additional Details

Date of appointment
08/06/2026
Name of person
Chong Meng Fong
Age
52
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 Board and Nominating Committee of the Company, having reviewed and considered Ms Chong Meng Fong's qualifications and work experience, are of the view that Ms Chong Meng Fong possesses the requisite experience and capabilities to assume the responsibilities as the Chief Financial Officer of the Group.

Accordingly, the Nominating Committee has recommended, and the Board has approved, the appointment of Ms Chong Meng Fong as Chief Financial Officer.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive. Upon her appointment as Chief Financial Officer of the Company, Ms Chong Meng Fong will be responsible for the Group's financial and management accounting, treasury, taxation and other corporate and regulatory compliance matters.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Professional qualifications
2006 - Master's Degree in Business Studies (MBA)
2003 - Fellow Member of The Association of Chartered Certified Accountants (FCCA)
1999 - Chartered Accountant (Malaysian Institute of Accountant)
1998 - Association of Chartered Certified Accountants (ACCA)
Working experience and occupation(s) during the past 10 years
September 2024 to current
General Manager - Finance & Corporate Services, Atlan Holdings Bhd

April 2023 - July 2024
Chief Financial Officer, 9R Limited

January 2023 - March 2023
General Manager - Finance (Accounting & Reporting), Sime Darby Property Bhd

July 2022 - December 2022
Financial Controller, DK-MY Properties Sdn Bhd

February 2014 - July 2022
Divisional Director, Finance (last position held), Aspen (Groups) Holding Ltd
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
No
Conflict of interest (including any competing business)
No
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)
Nil
Present
Nil
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.
Ms Chong was the Financial Controller/Divisional Director of Finance at Aspen (Group) Holdings Limited ("AGH") from 1 February 2019 to 31 July 2022.

On 26 August 2022, the SGX-ST Listings Disciplinary Committee (the "LDC") reprimanded AGH for breaching Mainboard Rules 703 and 719(1) by:

(a) releasing an announcement on SGXNET, disclosing that one of the subsidiaries of AGH had entered into a Master Supply Agreement ("MSA") with Honeywell International Inc ("Honeywell"), which was nonfactual, false and misleading;

(b) failing to promptly disclose (i) the non-consummation of the MSA by Honeywell, and (ii) that negotiations with Honeywell on the MSA had been officially terminated, material information known to AGH which was necessary to avoid the establishment of a false market in AGH's securities; and

(c) failing to have in place adequate and effective systems of internal controls and risk management systems

The LDC also reprimanded the Group Chief Executive Officer and the Executive Directors of AGH, under Mainboard Rule 1402, for causing AGH to breach Mainboard Rules 703 and 719(1). A private warning was also issued to the other relevant directors of AGH

For clarity, the finance team of AGH was not involved in the process of entering the MSA with Honeywell. Hence, Ms Chong was not a subject of the abovementioned disciplinary proceedings. For further details on the disciplinary proceedings, please refer to the grounds of decision published by the LDC on 26 August 2022.
(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
Disclosure applicable to the appointment of director only.
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.
Not applicable