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Change - Announcement Of Resignation Of An Independent Director
BackDec 26, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Dec 26, 2025 17:54 |
| Status | New |
| Announcement Sub Title | RESIGNATION OF AN INDEPENDENT DIRECTOR |
| Announcement Reference | SG251226OTHR424Z |
| Submitted By (Co./ Ind. Name) | Lien Kait Long |
| Designation | Lead Independent Director |
| Description (Please provide a detailed description of the event in the box below) | This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr. Shervyn Essex, 16 Collyer Quay #10-00 Collyer Quay Centre Singapore 049318, sponsorship@ppcf.com.sg |
| Additional Details | |
| Name of person | Ke Ming |
| Age | 41 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 10/01/2026 |
| Detailed reason(s) for cessation | Mr Ke Ming ("Ke Ming") has tendered his resignation as an Independent Director of the Company due to personal commitments and as a result, he is no longer able to commit sufficient time to the Company. The Board would like to express its gratitude and appreciation toward Ke Ming for his contributions to the Company and the Board during his tenure. After having interviewed Ke Ming and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Ke Ming as an Independent Director of the Company. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of appointment to current position | 27/12/2024 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director; Chairman of the Nominating Committee; Chairman of the Remuneration Committee; and A member of the Audit Committee |
| Role and responsibilities | The roles and responsibilities as an Independent Director, the Chairman of the Nominating Committee and the Remuneration Committee, and a member of the Audit Committee. |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of independent directors currently resident in Singapore (taking into account this cessation) | 1 |
| Do independent directors make up at least one-third of the board (taking into account this cessation)? | Yes |
| Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months | 4 |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | Direct interest of 800,000 Shares in the Company |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Other Directorships Past (for the last 5 years) |
Nil |
| Present | Executive Director of Starcity Tech Pte. Ltd. |