News
Change - Announcement Of Cessation Of Non-Independent Non-Executive Director
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Oct 14, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 14, 2025 1:50 |
| Status | New |
| Announcement Sub Title | Cessation of Non-Independent Non-Executive Director |
| Announcement Reference | SG251014OTHRUU3C |
| Submitted By (Co./ Ind. Name) | Lim See Hoe |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Non-Independent Non-Executive Director This announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST 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 Ms Audrey Mok (Tel: (65) 6232 3210) at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542. |
| Additional Details | |
| Name Of Person | Joanne Khoo Su Nee |
| Age | 51 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 31/10/2025 |
| Detailed Reason (s) for cessation | Ms Joanne Khoo Su Nee ("Ms Khoo") has tendered her resignation as Non-Independent Non-Executive Director of the Company, with her last day of service on 31 October 2025, to facilitate Board rejuvenation. In conjunction with Ms Khoo's cessation, she will also relinquish her position as a member of the Audit and Risk, Nominating and Remuneration Committees of the Company. The Sponsor, after having interviewed Ms Khoo, is satisfied that there are no other material reasons for her resignation as Non-Independent Non-Executive Director of the Company, save as disclosed above. |
| 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 | 30/10/2024 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Non-Independent Non-Executive Director Member of the Audit and Risk Committee, Nominating Committee and Remuneration Committee |
| Role and responsibilities | Non-Executive |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Independent Non-executive Director of: 1. Excelpoint Technology Ltd. 2. PayLinks Pte. Ltd. Other Principal Commitments: Nil |
| Present | Independent Non-executive Director of: 1. Xamble Group Limited 2. ES Group (Holdings) Limited 3. JE Cleantech Holdings Ltd 4. Ryde Group Ltd Executive Director of: Bowmen Capital Private Limited Other Principal Commitments: Nil |
