| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Sep 3, 2024 18:20 |
| Status | New |
| Announcement Sub Title | Appointment of Non-Executive and Independent Director - Darrell Lim Chee Lek |
| Announcement Reference | SG240903OTHRV58U |
| Submitted By (Co./ Ind. Name) | Cheong Weixiong |
| Designation | Executive Director and Group Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | This announcement has been prepared by Sinjia Land Limited (the "Company") and its contents have been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). This announcement has not been examined or approved by the SGX-ST. The SGX-ST 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 - Registered Professional, who can be contacted at 138 Robinson Road, Oxley Tower, #13-02, Singapore 068906, telephone: +65 6241 6626. |
| Additional Details | |
| Date Of Appointment | 03/09/2024 |
| Name Of Person | Darrell Lim Chee Lek |
| Age | 47 |
| 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 Committee had reviewed, assessed and concluded that Mr Darrell Lim Chee Lek ( "Mr Darrell Lim" ) possesses the requisite qualifications and work experiences. On the recommendation of the Nominating Committee, the Board has approved the appointment of Mr Darrell Lim as non-executive and Independent Director, Non-executive Chairman, Chairman of the Remuneration Committee, and member of Audit and Nomination Committees. Mr Darrell has more than 20 years of capital markets experience, specialising in investment management, mergers & acquisitions, and corporate restructuring. |
| Whether appointment is executive, and if so, the area of responsibility | Non-executive Director |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-executive and independent director, Non-executive Chairman, Chairman of RC and Member of AC and NC. |
| Professional qualifications | Master of Business Administration, Master of International Business & Bachelor of Mechanical Engineering |
| 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 | No |
| Conflict of interests (including any competing business) | No |
| Working experience and occupation(s) during the past 10 years | 2024 - Present, Co-founder & Director of iCapital Asia Partners 2019 - Present Co-founder & Director of Bright Point Capital 2020 - Present Co-founder & Director of Prometheus Private Limited 2019 - Present, Founder & Director of E Street Capital Pte Ltd 2019 - 2022, Executive Director of BRC Asia Limited 2016 - 2019, Head of Corporate Coverage of SGX Limited 2013 - 2016, Head of Investor Relations of SGX Limited |
| 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) | BRC Asia Limited (Executive Director) |
| Present | Hafary Holdings Limited (Independent Director) New Silkroutes Group Limited (Independent and non-executive chairman) BRC Asia Limited (Non-executive no-independent director) E Street Capital Pte Ltd (Director) Prometheus (S) Pte Ltd (Director) Zanera Pte Ltd (Director) First APAC Fund VCC Pte Ltd (Director) Pristine Islands Investment Pte Ltd (Director) Bright Point Capital 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 | Mr Darrell Lim is currently an independent director of New Silkroutes Group Limited since 2019, a non-executive non-independent director of BRC Asia Limited since 2022 and an independent director of Hafary Holdings Limited. |