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ChampionsGate Acquisition Corporation Appoints New CEO
CHPG
CEO Change
Board Change
Executive Compensation
- ChampionsGate Acquisition Corporation appointed Mr. Boon Liat Timothy Lim as its new Chief Executive Officer, Chairman, and director, effective October 17, 2025.
- Mr. Lim succeeds Mr. Bala Padmakumar, who resigned from these positions on July 31, 2025.
- As compensation, Mr. Lim is set to receive $13,250 if the company enters into a definitive agreement with a target company and an additional $13,250 upon consummation of an initial business combination.
- Mr. Lim brings over two decades of executive leadership and operational management experience in Southeast Asia, including previous roles at Dragon Group International Ltd and ASTI Holdings Ltd.
Oct 20, 2025, 3:27 PM
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