Change - Announcement of Appointment::Re-designation of Mr. Lee Kiang Leng Stanley as Executive Chairman and Chief Executive Officer

Issuer & Securities

Issuer/ Manager
AUTAGCO LTD.
Securities
AUTAGCO LTD - SGXE12305384 - WNH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
13-Aug-2026 21:48:48
Status
New
Announcement Sub Title
Re-designation of Mr. Lee Kiang Leng Stanley as Executive Chairman and Chief Executive Officer
Announcement Reference
SG260813OTHRQZU3
Submitted By (Co./ Ind. Name)
Soh Yeow Hwa
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
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 Lee Khai Yinn (Tel: (65) 6232 3210), at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Additional Details

Date of appointment
13/08/2026
Name of person
Lee Kiang Leng Stanley
Age
66
Country of principal residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
As part of the ongoing review of the Board composition and the roles of the Board members, Management proposed a restructuring of the Board taking into account the overall strategic direction of the Group. Following its review, the Nominating and Remuneration Committee ("NRC") approved the proposal and recommended that Mr. Lee Kiang Leng Stanley ("Mr. Stanley Li") to be re-designated from Executive Director to Executive Chairman and Chief Executive Officer.

The Board, having reviewed and considered Mr. Stanley Li's credentials, experience and leadership in the Group, approved his re-designation.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr. Stanley Li is responsible for setting the strategic direction of the Group together with the Board. He also oversees the overall management of the Group, including steering the business and operations for future growth and expansion via cross-border development, mergers and acquisitions and organic growth. He will also oversees project financing activities and stakeholder relations management.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Chairman and Chief Executive Officer
Professional qualifications
Nil
Working experience and occupation(s) during the past 10 years
2025 - Present: South Island Sims Ave Pte. Ltd., Executive Director
2025 - Present: CSM Academy International Group Pte. Ltd., Executive Director
2010 - Present: Yess Ventures Enterprise Sdn. Bhd., Executive Director
Shareholding interest in the listed issuer and its subsidiaries
No
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Yes, Mr. Stanley Li is a cousin of Mr. Soh Yeow Hwa, the Executive Director and a controlling shareholder of the Company.
Conflict of interest (including any competing business)
No
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
Directorships:
Nil

Other principal commitments:
Please refer to "Working experience and occupation(s) during the past 10 years" section above.
Present
Directorships:
South Island Sims Ave Pte. Ltd.
CSM Academy International Group Pte. Ltd.
Yess Ventures Enterprise Sdn. Bhd.

Other principal commitments:
Please refer to "Working experience and occupation(s) during the past 10 years" section above. Mr. Stanley Li's existing role as Executive Director of the 3 entities mentioned entails mainly providing strategic direction and management oversight and is not involved in the day-to-day operations. The operations of these entities are supported by respective teams of employees. Accordingly, Mr. Stanley Li will be able to devote his time and attention on the Group's business and operations.
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of:-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere,
in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.
Mr. Stanley Li does not have prior experience as a director of a listed company in Singapore. The Company will make arrangements for Mr. Stanley Li to attend the requisite training on the roles and responsibilities of a director of a listed company as prescribed by SGX-ST within one year from his first appointment date to the Board, being 10 July 2026.