[MCLEAN] Executive Chairman APPOINTMENT - DATUK DR TERENCE TEA YEOK KIAN on 09-Jul-2024

Announcement Date
09-Jul-2024
Board Member Information:
Date of Change
09-Jul-2024
Type of Change
APPOINTMENT
Designation
Executive Chairman
Directorate
Executive
Age
56
Gender
Male
Nationality
Singapore
Working Experience
Datuk Dr. Tea is concurrently the Executive Chairman and Managing Director of Accrelist Ltd. (Accrelist, and together with its subsidiaries, the Accrelist Group) and the Executive Chairman and Chief Executive Officer of Jubilee Industries Holdings Ltd. (Jubilee, and together with its subsidiaries, the Jubilee Group). Jubilee is a subsidiary of Accrelist, and both Accrelist and Jubilee are listed on the Catalist Board of Singapore Exchange. He is responsible for the overall growth of both Accrelist Group and Jubilee Group and his main role is to determine the strategic direction of both groups, as well as acquiring and nurturing new businesses with a view of taking them to greater heights. 
Since assuming leadership at Accrelist, Datuk Dr. Terence Tea has spearheaded a remarkable turnaround, revitalising Accrelists portfolio and positioning the company as a leader in its industry sectors. His strategic vision has catalysed significant restructuring and growth initiatives, particularly in transitioning Accrelist into a diversified entity with substantial interests in high-growth sectors such as medical aesthetics and electronics manufacturin
Datuk Dr. Tea brings with him a wealth of experience in the corporate world, providing key inputs to the board of directors of both groups and he has been instrumental in advising on the respective corporate matters. He drives the formulation and implementation of business plans and strategies for the groups. 
Datuk Dr. Tea's comprehensive knowledge and experience of the industry has aided both Accrelist and Jubilee to spot growth opportunities, especially during the restructuring period of 2013 to 2017. Datuk Dr. Tea's keen vision within the business model has allowed him a competitive advantage in the groups advancement. 
In addition, Datuk Dr. Tea's tenacity has been reflected in his leadership to harness the unrealised prospects of both Accrelist and Jubilee. Both group are still venturing to explore their fullest potenti
Directorship of Public Companies
NIL
Family Relationship
NIL
Conflict of Interest
NIL
Interest
Deemed interest of 56,269,397 Ordinary Shares by virtue of his deemed interest in Accrelist Crowdfunding Pte. Ltd.
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