Change - Announcement of Cessation::Cessation of Mr Shum Hoi Luen as Company Secretary and Financial Controller

Issuer & Securities

Issuer/ Manager
INFINITY DEVELOPMENT HOLDINGS COMPANY LIMITED
Securities
INFINITY DEVELOPMENT HOLDINGS - KYG4772A1168 - ZBA
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Mar-2026 19:51:18
Status
New
Announcement Sub Title
Cessation of Mr Shum Hoi Luen as Company Secretary and Financial Controller
Announcement Reference
SG260302OTHRS2WU
Submitted By (Co./ Ind. Name)
Ip Ka Lun
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Xandar Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the SGX-ST. This announcement has not been examined or approved by 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 Company's Sponsor is Mr. Loo Chin Keong, Registered Professional, at 3 Shenton Way, #24-02 Shenton House, Singapore 068805, telephone (65) 6319 4955.

Additional Details

Name of person
Shum Hoi Luen
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date.
06/03/2026
Detailed reason(s) for cessation
Mr. Shum Hoi Luen ("Mr. Shum") has tendered his resignation due to personal reasons and his further career development. The Company is in the process of identifying suitable candidate(s) and further announcement will be made in due course.

After having interviewed Mr. Shum and to the best of its knowledge, the Sponsor, Xandar Capital Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Shum as Company Secretary and Financial Controller. There are no concerns with regards to financial reporting that led to the cessation of Mr. Shum and there are no disagreements between Mr. Shum and the Board of Directors of the Company with regards to practices that would have an impact to the Company's financial reporting.
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
12/05/2018
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Company Secretary and Financial Controller
Role and responsibilities
Company secretarial affairs, corporate governance and corporate finance of the Group
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)
1
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
No
Other Directorships
Past (for the last 5 years)
Nil
Present
Great Success Consultants Limited