AEM Holdings Ltd. announced Re-designation of Mr. Toh Ban Leng, James from his existing position as Non-Executive, Non-Independent Director to an Independent Director and Lead Independent Director of the Company with effect from 1 January 2022. Working Experience: James is a co-founder and anchor investor of Novo Tellus PE Fund 1 and Fund 2, which is focused on buyouts of mid-cap technology industrial companies. James started his career at management consulting firm Booz Allen & Hamilton (1989-90) and subsequently at A.T. Kearney (1994-95), where he focused on strategic planning and operational improvement.

Since 1996, James has been the Managing Director of ACT Holdings Pte Ltd, which is involved in property development and investment in Singapore.