Board Appointments

RNS Number : 9565Z

Global Invacom Group Limited

23 September 2015

 

GLOBAL INVACOM GROUP LIMITED

 ("Global Invacom" or "the Company")

APPOINTMENT OF NON-INDEPENDENT NON-EXECUTIVE DIRECTOR

AND RECONSTITUTION OF BOARD OF DIRECTORS

The Board of Directors (the "Board") of Global Invacom Group Limited (the "Company") is pleased to announce that Mr Kenny Sim Mong Keang has been appointed as Non-Independent Non-Executive Director of the Company with effect from 23 September 2015. Mr Sim is an appointed representative of SCE Enterprise Pte Ltd, a substantial shareholder of the Company.

Mr Sim was previously Chief Executive Officer of WE Holdings Ltd, a SGX-listed provider of active, passive and electromechanical components. Prior to this, Mr Sim held several sales and marketing positions in various multinational corporations in the electronics industry. Mr Sim holds a Diploma in Electronics Engineering and a Bachelor of Commerce from Murdoch University, Western Australia. 

The following information regarding Mr Sim, aged 46, is required to be disclosed under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

Other directorships held:

Current:	Within the last five years:
CESK Capital Pte Ltd I2 Capital Pte Ltd Oden Technology Pte Ltd Maximus Fortune Pte Ltd	FSK Advisory Pte Ltd Aquarius Tech Pte Ltd WE Holdings Ltd WE Components Pte Ltd WE Systems Pte Ltd WE Microelectronics Pte Ltd WE Dragon Resources Pte Ltd W Solutions Pte Ltd CESK Resources Pte Ltd CESK Holdings Ltd Ricco Investments Limited SM Ventures Inc Kinwai Technology Pte Ltd

There are no further disclosures to be made under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules.

Consequent to the aforesaid appointment, the new composition of the Board of Directors is as set out below:

Board of Directors           

Mr Anthony Brian Taylor (Executive Chairman)

Mr Malcolm John Burrell (Executive Director)

Mr Matthew Jonathan Garner (Executive Director)

Mr John Lim Yew Kong (Lead Independent Director)

Mr Basil Chan (Independent Director)

Mr Cosimo Borrelli (Independent Director)

Mr Gregory Knox Jones (Non-Independent, Non-Executive Director)

Mr Kenny Sim Mong Keang (Non-Independent, Non-Executive Director)

For the avoidance of doubt, the composition of the Board Committees remains unchanged:

Audit and Risk Committee

Mr John Lim Yew Kong (Chairman)

Mr Basil Chan

Mr Cosimo Borrelli 

Nominating Committee

Mr Cosimo Borrelli (Chairman)

Mr Basil Chan

Mr John Lim Yew Kong 

Mr Anthony Brian Taylor

            Remuneration Committee

Mr Basil Chan (Chairman)

Mr Cosimo Borrelli

Mr John Lim Yew Kong 

Ends

For media queries, please contact

Matthew Garner

Chief Financial Officer

Global Invacom Group Limited 

8 Temasek Boulevard     #20-03 Suntec Tower Three Singapore 038988 [phone]

Freeman House John Roberts Business Park Canterbury CT5 3BJ United Kingdom [phone]

On behalf of Global Invacom Group Limited:

finnCap Ltd (Nominated Adviser and Joint Broker)

Christopher Raggett/ Simon Hicks (Corporate Finance)

Rhys Williams (Corporate Broking and Sales)

[phone]

Mirabaud Securities LLP (Joint Broker)

Peter Krens (Equity Capital Markets)

[phone]

Bell Pottinger LLP (UK Financial PR)

David Rydell / David Bass / Lucy Stewart

[phone]

WeR1 Consultants Pte Ltd (Singapore Financial PR)

Sheryl Sim, [e-mail] 

Ian Lau, [e-mail] 

[phone]

About Global Invacom Group Limited 

Global Invacom Group Limited ("Global Invacom") is listed on the Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST") and its shares are admitted to trading on the AIM Market of the London Stock Exchange in the UK.

Global Invacom is a fully integrated satellite equipment provider with seven manufacturing plants across China, Israel, Malaysia, UK and the USA. Its customers include satellite broadcasters such as BSkyB of the UK and Dish Network of the USA.

On 25 August 2015, Global Invacom completed the acquisition of Skyware Global, a leading US-based designer and supplier of satellite antenna products and services for C-band, Ku-band and Ka-band frequency platforms, positioning itself as the world's only full-service outdoor unit supplier.

Global Invacom provides a full range of dish antennas, LNB receivers, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in TV peripherals, computer peripherals, medical, and consumer electronics industries.

For more information please refer to www.globalinvacom.com

 

END

 

 

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