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:
Guardforce AI Co. Limited
Guardforce Holdings Sp. Z o.o.
Guardforce Pte. Ltd.
Securecorp (NZ) Limited
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 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:
Newmark Security plc
Marie-Claire Dwek, Chief Executive Officer
Graham Feltham, Group Finance Director
Tel: +44 (0) 20 7355 0070
Allenby Capital Limited
(Nominated Adviser and Broker)
Tel: +44 (0) 20 3328 5656
James Reeve / Liz Kirchner