Change - Announcement of Cessation::Retirement of Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
POWERMATIC DATA SYSTEMS LIMITED
Securities
POWERMATIC DATA SYSTEMS LTD - SG1BF0000003 - BCY
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
01-Dec-2025 18:02:45
Status
New
Announcement Sub Title
Retirement of Non-Executive Independent Director
Announcement Reference
SG251201OTHRG3RS
Submitted By (Co./ Ind. Name)
Dr Chen Mun
Designation
Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Professor Cham Tao Soon as Non-Executive Independent Director of the Company

Additional Details

Name of person
Cham Tao Soon
Age
86
Is effective date of cessation known?
Yes
If yes, please provide the date.
31/12/2025
Detailed reason(s) for cessation
Professor Cham has given notice of his retirement as Independent Director of the Company and his last day with the Company will be 31 December 2025.

The Board and Management would like to extend their great appreciation for Professor Cham's distinguished service and his valuable contributions during his tenure of service as a 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
19/05/2023
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Audit and Risk Management Committee and a Member of the Nominating Committee and the Remuneration Committee
Role and responsibilities
Duties as Lead Independent Director, Chairman of the Audit and Risk Management Committee and a Member of the Nominating Committee and the Remuneration Committee on which he has served.
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
2
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)
Soup Restaurant Group Ltd, Chairman
NSL Ltd, Chairman
United Overseas Bank (China) Ltd, Supervisor
Singapore Rail Academy
Present
The Tan Chin Tuan Foundation
The Head Foundation