News
CHANGE - ANNOUNCEMENT OF APPOINTMENT OF INDEPENDENT DIRECTOR
BackOct 31, 2025
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Oct 31, 2025 19:53 |
| Status | New |
| Announcement Sub Title | Appointment of Independent Director |
| Announcement Reference | SG251031OTHRS5DE |
| Submitted By (Co./ Ind. Name) | Chang Cheng-Hsing Francis |
| Designation | Group CEO & Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Independent Director |
| Additional Details | |
| Date Of Appointment | 01/11/2025 |
| Name Of Person | Morin Jean-Louis Pierre |
| Age | 56 |
| 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) | Upon the recommendation of the Nominating Committee, which had reviewed the qualifications and experience of Mr Morin Jean-Louis Pierre ("Mr Morin"), the Board approved Mr Morin's appointment as an Independent Director of the Company. |
| 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, as well as Member of the Audit Committee, Nominating Committee and Remuneration Committee of the Company |
| Professional qualifications | Diplome d'Ingenieur (Engineering Degree) with distinction, Ecole Nationale Superieure d'Electrochimie et d'Electrometallurgie de Grenoble, France International Diploma of Imperial College with distinction (Master in Science course), University of London, Imperial College, United Kingdom Master in Business Administration, Erasmus University, Rotterdam School of Management, Netherlands Master in Public Administration, Harvard University, John F. Kennedy School of Government, United States of America |
| 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 | 2018 to present: Founder and Managing Director of Polymath Advisors Pte. Ltd. 2021 to 2024: Business Advisor of Bellus Ventures 2016 to 2017: Director of Ernst and Young LLP, Singapore 2013 to 2016: Senior Manager (Portfolio, Strategy and Planning) of Hess Corporation, United States of America |
| 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) | Directorships: Nil Other Principal Commitments: Please refer to "Working experience and occupation(s) during the past 10 years" section above. |
| Present | Directorships: Polymath Advisors Pte. Ltd. Other Principal Commitments: Please refer to "Working experience and occupation(s) during the past 10 years" section above. |
| (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 | Mr Morin is an accredited director under the Singapore Institute of Directors ("SID"). He has been awarded the SMU-SID Accredited Diploma in Directorship (Modules 1 to 6). Mr Morin is planning to attend the SID's Listed Entity Director ("LED") bridging programme for first-time directors of SGX-listed companies. |