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

Issuer & Securities

Issuer/ Manager
ASIAN MICRO HOLDINGS LIMITED
Securities
ASIAN MICRO HOLDINGS LTD - SG1H05873721 - 585
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Aug-2026 20:58:34
Status
New
Announcement Sub Title
Retirement of Non-Independent and Non-Executive Director.
Announcement Reference
SG260825OTHRWDZX
Submitted By (Co./ Ind. Name)
Victor Lim
Designation
CEO and Group Managing Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange 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 Joe Min at 36 Robinson Road, #10-06, City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Additional Details

Name of person
Cheah Wee Teong
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date.
23/10/2026
Detailed reason(s) for cessation
Mr. Cheah Wee Teong ("Mr. Cheah") was first appointed on 1 December 2015 as Independent Director and subsequently appointed as the Independent Non-Executive Chairman on 1 January 2022. He had served on the Board for an aggregate period exceeding nine years from the date of his appointment and was re-designated to Non-Independent Non-Executive Chairman on the conclusion of the Company's annual general meeting ("AGM") on 17 October 2025. He stepped down as Chairman of the Board and remains as Non-Independent Non-Executive Director on 16 January 2026.

As part of the ongoing Board refresh, Mr. Cheah has expressed his intention to retire as Non-Independent Non-Executive Director of the Company at the conclusion of the Company's AGM to be held on 23 October 2026. Following his retirement from the Board, Mr. Cheah will cease to be a member of the Audit Committee ("AC"), the Nominating Committee ("NC") and the Remuneration Committee ("RC").

The Board would like to express its gratitude to Mr. Cheah for his invaluable contributions and guidance to the Board during his tenure.

Based on its enquiries and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the retirement of Mr. Cheah.
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
16/01/2026
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director. AC member, NC member and RC member.
Role and responsibilities
Roles and responsibilities of a Non-Independent Non-Executive Director and a member of the AC, the NC, and the RC.
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)
FWP consultancy Sdn Bhd
Talx Labs Sdn Bhd
Present
Leverage Income Sdn Bhd
Asian Micro Capital Sdn Bhd
Metrocon Holdings Limited