| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 11, 2025 17:38 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Non-Executive Director - Hoon Chee Wai |
| Announcement Reference | SG250711OTHRINFP |
| Submitted By (Co./ Ind. Name) | Tan Chue Chin |
| Designation | Acting Chief Financial Officer and Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Hoon Chee Wai ("Mr Hoon") as Independent Non-Executive Director who is Chairman of Audit and Risk Management Committee and member of Remuneration Committee of the Company |
| Additional Details | |
| Name Of Person | Hoon Chee Wai |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 29/07/2025 |
| Detailed Reason (s) for cessation | Mr Hoon is Chairman of the Audit and Risk Management Committee and is also member of Remuneration Committee of the Company on 29 July 2025. He will not be seeking re-election as an Independent Director at the AGM. The Board of Directors expressed its gratitude and appreciation to Mr Hoon for his invaluable contributions during his tenure as Independent Non-Executive 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 | 01/02/2024 |
| 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) | 2 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 3 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director, Chairman of Audit and Risk Management Committee and Member of Remuneration Committee |
| Role and responsibilities | Roles and responsibilities of Independent Non-Executive Director, Chairman of Audit and Risk Management Committee and Member of Remuneration Committee |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Directorships: Intraco Limited K.A. Group Holdings Pte. Ltd. K.A. Building Construction Pte Ltd K.A. Fireproofing Pte Ltd K.A. Fabric Shutters Pte Ltd K.A. FireLite Pte. Ltd. Amberfire Technology Sdn. Bhd. (formerly known as K.A. Vermiculite Spray Sdn. Bhd.) MJF Capital Pte. Ltd. (Struck off) Tat Hong Intraco Pte Ltd Tee International Limited The Property Market Pte. Ltd Intraco International Pte Ltd Other Principal Commitments: Nil |
| Present | Directorships: Intraco Prime Pte. Ltd. Kinergy Corporation Ltd Provenance Treasures Pte. Ltd. Taurus Point Capital Pte. Ltd. Yongmao Holdings Ltd Tradetok Pte. Ltd. Other Principal Commitments: Intraco Limited, Chief Operating Officer |