Change - Announcement of Cessation::Redesignation from Chief Financial Officer to Business Development Director

Issuer & Securities

Issuer/ Manager
SANLI ENVIRONMENTAL LIMITED
Securities
SANLI ENVIRONMENTAL LIMITED - SG1DG8000009 - 1E3
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Jan-2026 17:31:06
Status
New
Announcement Sub Title
Redesignation from Chief Financial Officer to Business Development Director
Announcement Reference
SG260129OTHR78BU
Submitted By (Co./ Ind. Name)
Goh Siew Geok
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Redesignation from Chief Financial Officer to Business Development Director - Mr Tan Thean Seang, Fredrik.


This announcement has been reviewed by the Company's sponsor ("Sponsor"), SAC Capital Private Limited. This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("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. Lim Qi Fang (Tel: (65) 6232 3221) at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Additional Details

Name of person
Tan Thean Seang, Fredrik
Age
40
Is effective date of cessation known?
Yes
If yes, please provide the date.
01/02/2026
Detailed reason(s) for cessation
Mr Tan Thean Seang, Fredrik ("Mr Tan"), will relinquish his role as Chief Financial Officer ("CFO") of the Company and be redesignated as Business Development Director, with effect from 1 February 2026, to focus on business development and identification of new business and investment opportunities for the Group. Mr Tan will work closely with the Management to ensure a smooth transition and handover of duties.

There are no concerns with regards to financial reporting that led to the redesignation of Mr Tan and there are no disagreements between Mr Tan and the Board of Directors of the Company with regards to practices that will have an impact on the Company's financial reporting.

The Company's Sponsor, SAC Capital Private Limited, after having interviewed Mr Tan, is satisfied that, save as disclosed in this announcement, there is no material reason for the redesignation of Mr Tan from CFO to Business Development 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?
Yes
If yes, please elaborate.
Mr Tan will be redesignated as Business Development Director of the Company with effect from 1 February 2026. His role will encompass contributing to new business expansion, business development and investment initiatives, and working closely with management to identify and support investment opportunities in furtherance of the Group's growth plans.
Date of appointment to current position
01/03/2024
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Role and responsibilities
Responsible for overseeing the financial and accounting, compliance and taxation matters of the Company.
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
Yes
Shareholding details
Direct Interest: 76 shares held through the nominee account maintained with Phillip Securities Pte Ltd

Subsidiaries of the Group: Nil
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)
Within the Group:
- Sanli M&E Engineering Sdn. Bhd.
- Sanli Bina (M) Sdn. Bhd.
Present
Within the Group:
- Sanli-EnGreen Co., Ltd
Mr Tan will also step down as a director of the above Group subsidiary as soon as practicable.