Change - Announcement of Appointment::Appointment of Independent Director
Issuer & Securities
Issuer/ Manager
XMH HOLDINGS LTD.
Securities
XMH HOLDINGS LTD. - SG1CF5000006 - BQF
Stapled Security
No
Announcement Details
Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Oct-2024 21:31:33
Status
New
Announcement Sub Title
Appointment of Independent Director
Announcement Reference
SG241030OTHRUFVB
Submitted By (Co./ Ind. Name)
Tan Tin Yeow
Designation
Chairman and Managing Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr. Eddie Foo Toon Ee as Independent Director
Additional Details
Date Of Appointment
01/11/2024
Name Of Person
Eddie Foo Toon Ee
Age
52
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 (the "Board"), having considered the recommendations of the Nominating Committee and assessed the qualifications and experience of Mr. Eddie Foo Toon Ee ("Mr. Foo"), approve the appointment of Mr. Foo as an Independent Director of XMH Holdings Ltd. (the "Company").
The Board considers Mr. Foo to be independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.
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 Director, Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee
Professional qualifications
Chartered Accountant, Institute of Singapore Chartered Accountants
Certified Public Accountant, CPA 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
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
April 2014 to Present - Group Chief Financial Officer, CSE Global 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)
N.A.
Present
Nippecraft Limited
CSE (Americas) Pte Ltd
CSE Global (Americas) Pte Ltd
CSE-Crosscom (International) Pte Ltd
CSE Crosscom UK Limited
CSE Crosscom USA, Inc.
CSE-IAP Pte Ltd
CSE-EIS Pte Ltd
CSE-ITS Pte Ltd
CSE-Hankin (Singapore) Pte Ltd
CSE-Hankin (China) Co. Ltd
CSE-Hankin (Taiwan) Ltd
CSE Technologies Pte Ltd
CSE-EIS (Malaysia) Sdn Bhd
CSE Systems & Engineering (India) Private Limited
CSE W-Industries De Mexico, S. de R.L. de C.V. (Mexico)
Grid Communications Pte Ltd
PT CSE Communications & Security
CSE Communications & Security Pte Ltd
CSE Global (Asia) Pte 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?
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
Nippecraft Limited is listed on the Catalist board on the Exchange.
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)
Mr. Foo is currently the Independent Director and the Chairman of the Nominating Committee and a member of the Audit Committee and Remuneration Committee of Nippecraft Limited. The Nominating Committee of the Company is of the view that Mr. Foo possesses adequate knowledge of the roles and responsibilities of a director of a listed issuer. Mr. Foo has completed all the necessary Listed Entity Director courses.
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