| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 11, 2026 18:03 |
| Status | New |
| Announcement Sub Title | Retirement of Independent Director |
| Announcement Reference | SG260211OTHR6YUV |
| Submitted By (Co./ Ind. Name) | Yong Yean Chau |
| Designation | Director and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Director |
| Additional Details | |
| Name of person | Cheah Sui Ling |
| Age | 54 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 27/02/2026 |
| Detailed reason(s) for cessation | Ms. Cheah retires as Independent Director of the Company on 27 February 2026 in view of the 9-year tenure limit for independent directors pursuant to Regulation 13D of the Securities and Futures (Licensing and Conduct of Business) Regulations. Ms. Cheah will accordingly cease as Chairperson of the Audit and Risk Committee and member of the Nominating and Remuneration Committee. |
| 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 | 24/04/2017 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Director, Chairperson of Audit and Risk Committee, and Member of Nominating and Remuneration Committee |
| Role and responsibilities | As above |
| 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 |
| 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 | 1 |
| Shareholding interest in the listed issuer and its subsidiaries | No |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Other Directorships Past (for the last 5 years) |
Please refer to Annexure A attached |
| Present | Please refer to Annexure B attached |
Attachments