Orangekloud Technology Appoints Mr. Toh Puay-Yong as Chief Financial Officer
Orangekloud Technology (Nasdaq: ORKT) has appointed Mr. Toh Puay-Yong as Chief Financial Officer, replacing Ms. Shally Ang who is resigning for personal reasons. Mr. Toh, who has been with the company since 2017 in various roles including finance and M&A, previously covered CFO duties during Ms. Ang's maternity leave. He brings extensive experience as a management consultant and has held senior financial positions at companies including MSC Consulting, Cherie Hearts Group, and IPACS Asia. Mr. Toh holds a Bachelor of Accountancy from the National University of Singapore and an MBA from the University of Manchester.
Orangekloud Technology (Nasdaq: ORKT) ha nominato il Sig. Toh Puay-Yong come Chief Financial Officer, sostituendo la Sig.ra Shally Ang che si è dimessa per motivi personali. Il Sig. Toh, che è con l'azienda dal 2017 in vari ruoli, tra cui finanza e M&A, ha già ricoperto le funzioni di CFO durante il congedo di maternità della Sig.ra Ang. Porta con sé una vasta esperienza come consulente di gestione e ha ricoperto posizioni finanziarie di alto livello in aziende come MSC Consulting, Cherie Hearts Group e IPACS Asia. Il Sig. Toh ha conseguito una laurea in Contabilità presso la National University of Singapore e un MBA presso l'Università di Manchester.
Orangekloud Technology (Nasdaq: ORKT) ha nombrado al Sr. Toh Puay-Yong como Director Financiero, reemplazando a la Sra. Shally Ang, quien renuncia por motivos personales. El Sr. Toh, quien ha estado en la empresa desde 2017 en varios roles, incluidos finanzas y M&A, anteriormente desempeñó funciones de CFO durante la licencia de maternidad de la Sra. Ang. Aporta una amplia experiencia como consultor de gestión y ha ocupado puestos financieros senior en empresas como MSC Consulting, Cherie Hearts Group e IPACS Asia. El Sr. Toh tiene un Bachelor en Contabilidad de la Universidad Nacional de Singapur y un MBA de la Universidad de Manchester.
오렌지클라우드 테크놀로지 (Nasdaq: ORKT)는 토 후아이용(Toh Puay-Yong)을 최고재무책임자(CFO)로 임명하였으며, 이는 개인적인 사유로 사임하는 샤리 앙(Shally Ang) 씨를 대체하는 것입니다. 토 씨는 2017년부터 다양한 역할로 회사에 재직해 왔으며, 재무 및 M&A 부서에서 일했습니다. 그는 이전에 샤리 앙 씨의 출산 휴가 동안 CFO의 업무를 수행한 바 있습니다. 토 씨는 경영 컨설턴트로서 폭넓은 경험을 가지고 있으며, MSC Consulting, Cherie Hearts Group, IPACS Asia 등에서 고위 재무직을 역임했습니다. 토 씨는 싱가포르 국립대학교에서 회계학 학사 학위를, 맨체스터 대학교에서 MBA를 취득했습니다.
Orangekloud Technology (Nasdaq: ORKT) a nommé M. Toh Puay-Yong au poste de directeur financier, remplaçant Mme Shally Ang qui démissionne pour des raisons personnelles. M. Toh, qui est dans l'entreprise depuis 2017 dans divers rôles, y compris la finance et les fusions-acquisitions, a précédemment exercé des fonctions de CFO pendant le congé maternité de Mme Ang. Il possède une vaste expérience en tant que consultant en gestion et a occupé des postes financiers de haut niveau dans des entreprises telles que MSC Consulting, Cherie Hearts Group et IPACS Asia. M. Toh est titulaire d'un Bachelor en comptabilité de la National University of Singapore et d'un MBA de l'Université de Manchester.
Orangekloud Technology (Nasdaq: ORKT) hat Herrn Toh Puay-Yong zum Chief Financial Officer (CFO) ernannt, um die scheidende Frau Shally Ang aus persönlichen Gründen zu ersetzen. Herr Toh ist seit 2017 im Unternehmen und hat in verschiedenen Rollen, einschließlich Finanzen und M&A, gearbeitet; zudem übernahm er die CFO-Aufgaben während des Mutterschaftsurlaubs von Frau Ang. Er bringt umfangreiche Erfahrung als Managementberater mit und hat leitende Finanzpositionen in Unternehmen wie MSC Consulting, Cherie Hearts Group und IPACS Asia bekleidet. Herr Toh hat einen Bachelor in Rechnungswesen von der National University of Singapore und einen MBA von der Universität Manchester.
- Internal promotion indicates smooth transition and continuity in financial leadership
- New CFO has prior experience covering the role during previous CFO's leave
- Appointee brings extensive relevant experience in finance, M&A, and strategic management
- Second CFO change in less than two years indicates potential leadership instability
Singapore, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Orangekloud Technology Inc. (Nasdaq: ORKT) (“Orangekloud” or “the Company”), a Singapore-based technology company offering the eMOBIQ® No-Code platform for the development of mobile applications, today announced the appointment of Mr Toh Puay-Yong as Chief Financial Officer (CFO), replacing Ms. Shally Ang, who had held that position since February 2023 and is resigning due to personal reasons. Mr. Toh will be responsible for financial and management reporting, corporate services, and company compliance.
Since 2017, Mr. Toh has served the Company in various capacities, including finance, M&A, strategic management, and HR development. He covered Orangekloud's CFO duties from mid-February to early June 2024 while Ms. Ang was on maternity leave. Mr. Toh has also been a management consultant advising regional enterprises, including MSC Consulting, on financial management, business strategy, HR development, and M&A and business valuation.
As a consultant, he worked with Cherie Hearts Group in 2009/10 (then the largest private early childhood education chain in Singapore) as its CFO, and with Blum & Co, a fashion retail chain, as its General Manager in 2014/15. From 1996 to 2000, Mr. Toh served as Controller/Senior Regional Finance and Admin Manager of IPACS Asia Pte Ltd, a regional IT group with business operations in Greater China and Southeast Asia. From 1993 to 1996, he served as an Accountant at Mabanaft Singapore Pte Ltd, an approved oil trader and part of the Marquard & Bahls Group, Germany. His job functions there included financial and management reporting, cash flow forecasting, risk management, and investment review.
Mr. Toh graduated with a Bachelor of Accountancy degree from the National University of Singapore and attained a Master of Business Administration from the University of Manchester via distance learning. He holds professional qualifications as a Chartered Accountant of Singapore and a Chartered Valuer and Appraiser.
“We are grateful to have Mr. Toh Puay-Yong join our team as CFO,” said Orangekloud founder and CEO Mr. Alex Goh. “We are confident that, with his extensive experience and know-how, Mr. Toh will contribute positively to our company."
“The Company is thankful to Shally Ang for her contributions to Orangekloud and wishes her the best in her future endeavors.”
About Orangekloud Technology Inc.
Orangekloud Technology Inc. (Nasdaq: ORKT) is a Singapore-based technology company which offers the eMOBIQ® No-Code platform to develop mobile applications specially designed for Small and Medium Enterprises (SMEs) and corporations. The eMOBIQ® suite of mobile applications designed to digitalize and streamline business processes in operations includes warehousing, sales ordering, delivery, and manufacturing. eMOBIQ® customers come from various industries, including food manufacturing and food service, precision engineering, construction, retail, energy, and warehouse management.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and OrangeKloud Technology Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
OrangeKloud Technology Inc. Investor Relations Contact:
1 Yishun Industrial Street 1 #04-27/28 & 34 Aposh Building Bizhub
Singapore 768160
(+65) 6317 2050
Email: ir@orangekloud.com
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com
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