| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Jul 1, 2021 7:24 |
| Status | New |
| Announcement Sub Title | Promotion of Derek Arthur Henry Grice to Chief Technical Officer |
| Announcement Reference | SG210701OTHRPK4T |
| Submitted By (Co./ Ind. Name) | Yoo Loo Ping |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Promotion of Derek Arthur Henry Grice to Chief Technical Officer |
| Additional Details | |
| Date Of Appointment | 01/07/2021 |
| Name Of Person | Derek Arthur Henry Grice |
| Age | 59 |
| Country Of Principal Residence | United Kingdom |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board of Directors, having considered the nomination by Nominating Committee, and having reviewed the qualification, experiences and performance of Mr Grice as EMEA Engineering Director of the Group, is of the view that Mr Grice possess the requisite capabilities to assume the role as the Chief Technical Officer of the Group. |
| Whether appointment is executive, and if so, the area of responsibility | Appointment is executive. Responsible for the continuous development of new technologies and products for current and future market opportunities being addressed by the Company, communicate with the stakeholders on technology advances and changes, and provide guidance and information leading to the strategic direction of the business. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Technical Officer |
| Professional qualifications | Diploma in Electronics and Measurement Systems |
| 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 | September 2020 to current: Global Invacom Manufacturing (UK) Limited - EMEA Engineering Director. Managing the EMEA business units' developments and group engineering integration. 2018 to 2020: ProBrand International (Europe) Limited - Director of Global Sales. Technical Developments and Sales management of new customers and products for satellite antennas and electronics. 2011 to 2018: ProBrand International (Europe) Ltd - Technical & Operations Manager. Set-up and manage the operations, developed R&D team and managed new product developments in EMEA markets for satellite antennas and electronics. |
| 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) | 2018 to 2020: ProBrand International (Europe) Limited - Director of Global Sales 2011 to 2018: ProBrand International (Europe) Ltd - Technical & Operations Manager |
| Present | None |
| (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? | 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. |