ORKT OrangeKloud Technology Inc

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October, 2024

 

Commission File Number: 001-42189

 

Orangekloud Technology Inc.

(Registrant’s Name)

 

1 Yishun Industrial Street 1

#04-27/28&34 Aposh Building Bizhub

Singapore, 768160

+65 6317 2050

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

On September 30, 2024, Ms. Shally Ang resigned from the Company as the chief financial officer, effective on October 31, 2024. Ms. Shally Ang’s resignation is not the result of any disagreement with the Company or the Board but due to personal reasons.

 

On October 1, 2024, Mr. Toh Puay-Yong was appointed as chief financial officer to fill the vacancy of Ms. Shally Ang, effective on October 1, 2024 (the “Appointment”).

 

The biography of Mr. Toh Puay-Yong is set forth below:

 

Mr. Toh has served the Company as consultant since 2017 in various capacities, including finance, M&A, strategic management, and has been our M&A director since February, 2024. Mr. Toh has had over 30 years of financial experience. From 2014 to 2015, Mr. Toh has been the General Manager at Blum & Co. Mr. Toh has also worked with the Cherie Hearts Group as its chief financial officer from 2009 to 2010. From 1996 to 2000, Mr. Toh worked at IPACS Asia Pte Ltd, where he was a Controller and Senior Regional Finance and Admin Manager. From 1993 to 1996, Mr. Toh served as an Accountant at Mabanaft Singapore Pte Ltd. 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.

 

The Board believes Mr. Toh Puay-Yong is suited to the role of chief financial officer due to his experience and background.

 

On October 25, the Company issued a press release (the “Press Release”) announcing the Appointment. A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 6-K and incorporated herein by reference.

 

Financial Statements and Exhibits.

 

The following exhibits are being filed herewith:

 

Exhibit No.		Description
99.1		Press Release issued on October 25, 2024

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	Orangekloud Technology Inc.
Date: October 25, 2024	By:	/s/ Goh Kian Hwa
	Name:	Goh Kian Hwa
	Title:	Chief Executive Officer

 

 

 

Exhibit 99.1

 

 

Orangekloud Technology Appoints Mr. Toh Puay-Yong as Chief Financial Officer

 

Singapore – October 25, 2024 – 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.

 

Contacts

 

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, 5^th Floor

New York, New York 10036

Office: (646) 893-5835

Email: info@skylineccg.com

 

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