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Change - Announcement Of Appointment Of Independent And Non-Executive Director
BackMay 29, 2026
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | May 29, 2026 17:35 |
| Status | New |
| Announcement Sub Title | APPOINTMENT OF INDEPENDENT AND NON-EXECUTIVE DIRECTOR |
| Announcement Reference | SG260529OTHRKW85 |
| Submitted By (Co./ Ind. Name) | Mr. Yet Kum Meng |
| Designation | Chief Executive Officer and Executive Director |
| Effective Date and Time of the event | 29/05/2026 00:00:00 |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Mr. Richard Tan Chuan Lye as an Independent and Non-Executive Director. This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg. |
| Additional Details | |
| Date of appointment | 03/06/2026 |
| Name of person | Richard Tan Chuan Lye |
| Age | 68 |
| 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, having considered the recommendation of the Nominating and Remuneration Committee of OUE Healthcare Limited (the "Company") and having assessed Mr. Richard Tan Chuan Lye's ("Mr. Richard Tan") qualifications, work experience and independence, is of the view that Mr. Richard Tan possesses the requisite experience and competencies to assume the duties and responsibilities of an Independent and Non-Executive Director of the Company, as well as the role of the Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee. In considering the appointment, the Nominating and Remuneration Committee and the Board have also taken into account all the relevant factors including the Board Diversity Policy of the Company, the size and mix of skills and experience of the Board of Directors. Mr. Richard Tan is considered independent by the Board for the purposes of Rule 704(7) of the SGX-ST Listing Manual Section B: Rules of Catalist. |
| 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 Non-Executive Director of the Company, Chairman of the Audit and Risk Committee and Member of Nominating and Remuneration Committee. |
| Professional qualifications | Chartered Accountant, Association of Chartered Certified Accountants (ACCA) |
| Working experience and occupation(s) during the past 10 years | Adjunct Associate Professor, National University of Singapore Business School (January 2016 - June 2024) |
| 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) | 1. First REIT Management Limited 2. Isetan Singapore Limited 3. Singapore Repertory Theatre 4. All Saints Home |
| Present | 1. EFG Bank AG 2. Sompo Insurance Singapore Pte Ltd 3. Heeton Holdings Limited 4. Synapxe Pte Ltd - Singapore's National Healthtech Agency, MOH 5. Berjaya Sompo Insurance Berhad 6. Science Centre Board 7. Meranti Power Pte Ltd - a subsidiary of Energy Market Authority (EMA) 8. Kingsmen Creatives Limited 9. QAF Limited 10. The Brash Trust |
| 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 | 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 |
| Disclosure applicable to the appointment of director only. Any prior experience as a director of an issuer listed on the Exchange? |
Yes |
| If yes, please provide details of prior experience. | Mr. Richard Tan is currently serving as an Independent Director of the following companies listed on the SGX-ST: 1. Heeton Holdings Limited 2. QAF Limited 3. Kingsmen Creatives Limited Mr. Richard Tan has also previously served as an Independent Director of the following company listed on the SGX-ST: 1. First REIT Management Limited 2. Isetan Singapore Limited |
| 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). | Not Applicable. |