Newmark Security plc
("Newmark", the "Company" or the "Group")
Appointment of Non-Executive Director
Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, is pleased to announce the appointment of Terence Yap as an independent Non-Executive Director, with immediate effect.
Terence is currently the Chairman of Guardforce AI Co. Ltd ("Guardforce AI"), a group focusing on delivering technologically innovative security solutions within the Asia Pacific region. Guardforce AI was established in 2018 and in the same year acquired Guardforce Cash Solutions (Thailand), a cash-in-transit business established in 1982 and which was formerly a wholly owned subsidiary of G4S Plc.
He was previously Chief Executive Officer of the Guardforce Group, a leading security solution provider with more than 12,000 employees with operations in Hong Kong, Australia, Macau and Thailand. Prior to joining the Guardforce Group, Mr. Yap was the Chief Financial Officer of China Security and Surveillance Technology, Inc. (listed on both the NYSE and Dubai International Financial Exchange from 2007 to 2011) from 2006 to 2014. He was instrumental in transforming the business from a security equipment assembler/manufacturer into a service provider with strong recurring cashflows.
Mr. Yap has more than 25 years' experience in various industries including Telecommunications, Security and Smart Cities Development. Over the years, he has developed specific skill sets that have facilitated Change Management, Investor Relations, Capital Market Operations, Corporate Restructuring, Profit & Loss Ownership/Responsibilty and People Management.
He is resident in Hong Kong, is a Singapore citizen and a former Army Officer. Mr Yap is a graduate of BBUS (Accounting & Finance), from the Swinburne University of Technology, Victoria, Australia and an MBA graduate from the Chinese University Hong Kong. He is a member of the Hong Kong Security Services Training Board, a Fellow member of the Hong Kong Institute of Directors, a Fellow member of the Chartered Management Institute (UK) and a member of the Australian Institute of Company Directors.
Marie-Claire Dwek, CEO of Newmark, commented: "On behalf of the Board, I am delighted to welcome Terence as a Non-Executive Director. With over 25 years' of experience in the sector we are looking forward to his strategic advice as we plan the next phase of the business's growth and expansion. The addition of Terence to the Board with his depth of knowledge is a wonderful endorsement of our strategy and ambition."
The following information is disclosed pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies.
Terence Wing Khai Yap (Terence Yap), aged 48, is, or has during the last five years been, a director or partner of the following companies and partnerships:
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Current directorships/partnerships |
Past directorships/partnerships |
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Guardforce AI Co. Limited Guardforce Holdings Sp. Z o.o. Guardforce Pte. Ltd. Securecorp (NZ) Limited |
Guardforce Group Project Resources Pte Ltd China Security & Fire (Singapore) Pte. Ltd Guardforce Investment Holdings (Singapore) Pte. Ltd Australian Guarding Services Pty Ltd Guardforce Investment Holdings Pty Limited Guardforce Property Holdings Pty Limited Ipatrol Pty Ltd Lawmate Australia Pty Ltd Lawmate Pty Ltd Mobigo Australia Pty Ltd Secure Electronic Services Pty Ltd Secure Events Pty Ltd Secure Group Management Pty Ltd Securearmed Pty Ltd Secureclean (NSW) Pty Ltd Secureclean (Qld) Pty Ltd Secureclean (SA) Pty Ltd Secureclean (TAS) Pty Ltd Secureclean (WA) Pty Ltd Secureclean Pty Ltd Securecorp (NSW) Pty Ltd Securecorp (NT) Pty Ltd Securecorp (QLD) Pty Ltd Securecorp (SA) Pty Ltd Securecorp (Tasmania) Pty Ltd Securecorp (VIC) Pty Ltd Securecorp (WA) Pty Ltd Securecorp Protective Services Pty Ltd Securecorp Pty Ltd Securecorp Risk Management Services Pty Ltd Securelearning Pty Ltd Securemetro Cleaning Services Pty Ltd Securemetro Pty Ltd Securemonitoring Pty Ltd Securerobot Pty Ltd Securescan Global Pty Ltd Securetraining Pty Ltd Video Alarm Technologies Pty Ltd Guardforce Limited Guardforce International HK Limited DX Group (Hong Kong) Limited China Security & Fire International Holdings Limited Guardforce (Macao) Limited Guardforce Holdings Limited GuardSolutions (Macau) Limited Guardforce Group Limited Chain Stars Investment Ltd Smart Cities (HK) Limited Guardforce TH Group Co., Ltd Smart China (Holdings) Limited China Security & Fire Co. Ltd. Guardforce 1 Limited Prominent Sun Limited Fantastic Tactic Limited Ocean Hill Star Limited Profit Yield Holdings Limited United Premier International Limited Impact Success Limited Strong Win Limited Guardforce Security (Thailand) Company Ltd. Guardforce Aviation Security Co., Ltd. Guardforce Service Solutions Co. Ltd. Perfekt Technology and Systems Co., Ltd. Guardforce Holdings (Thailand) Limited |
For further information:
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Newmark Security plc |
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Marie-Claire Dwek, Chief Executive Officer Graham Feltham, Group Finance Director |
Tel: +44 (0) 20 7355 0070 |
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Allenby Capital Limited (Nominated Adviser and Broker) |
Tel: +44 (0) 20 3328 5656 |
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James Reeve / Liz Kirchner |
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