Catalist-listed Metech International V3M has appointed Ng Ooi Hooi as independent director of the group, with effect from Sept 18.
Additionally, Ng will also be appointed as the Chairman of the remuneration committee, as well as a member of the audit committee and nominating committee, according to a release by the group dated Sept 18.
Prior to his appointment, Ng served as president of regional investments from 2013 to 2017 at Keppel Land, now known as Keppel’s real estate division. Ng also served as president of Singapore and regional investments at Keppel Land from 2017 to 2022.
Ng’s appointment comes on the back of the recommendation from the nominating committee, which was reviewed by the group’s board of directors.
Following the review, the group says Ng was selected for his “requisite experience and capability” to assume the role of independent director.
The group also announced that Lucy Yow Su Chin has been re-designated from chairwoman of the remuneration committee to a member, while concurrently being appointed as the chairwoman of the nominating committee.
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Shares in Metech closed 0.2 cents lower, or down 3.85%, at 0.5 cents on Sept 18.