Change - Announcement of Cessation::RESIGNATION OF CHIEF STRATEGY AND BUSINESS DEVELOPMENT OFFICER

Issuer & Securities

Issuer/ Manager
PACIFIC RADIANCE LTD.
Securities
PACIFIC RADIANCE LTD - SGXE30264951 - RXS
PACIFIC RADIANCE W270919 - SGXN27053838 - IZGW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Nov-2025 23:55:30
Status
New
Announcement Sub Title
RESIGNATION OF CHIEF STRATEGY AND BUSINESS DEVELOPMENT OFFICER
Announcement Reference
SG251107OTHREA3Y
Submitted By (Co./ Ind. Name)
PANG YOKE MIN
Designation
EXECUTIVE CHAIRMAN
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Strategy and Business Development Officer.

Additional Details

Name of person
Pang Wei Kuan, James
Age
43
Is effective date of cessation known?
Yes
If yes, please provide the date.
10/11/2025
Detailed reason(s) for cessation
Mr Pang Wei Kuan, James has decided to step down in order to pursue other career opportunities, having served the Company for the past 14 years. Following his departure, Mr Pang Wei Meng will assume the responsibilities as Chief Strategy and Business Development Officer.

The Board places on record its appreciation for Mr Pang Wei Kuan, James' valuable contributions during his tenure, particularly in driving new business opportunities for the Group. The Board wishes Mr Pang Wei Kuan, James every success in his future endeavours.
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
09/01/2025
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Strategy and Business Development Officer
Role and responsibilities
The key responsibilities of Mr. Pang Wei Kuan, James include:

1. Identifying new market opportunities and competitive advantages and setting out growth for the Group.
2. Analyzing industry trends and adjusting strategies based on market developments and data.
3. Building relationships with investors, potential clients, partners, and other relevant stakeholders.
4. Leading negotiations for mergers and acquisitions.
5. Expanding market presence through strategic partnerships or alliances.
6. Overseeing the execution of business development initiatives.
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
0
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding details
Owns 45,273,160 ordinary shares in Pacific Radiance Ltd. and 308,738 management warrants.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Yes.

Son of Mr Pang Yoke Min, Executive Chairman and substantial shareholder of the Company.

Brother of Mr Pang Wei Meng, Executive Director of the Company.

Other Directorships
Past (for the last 5 years)
Please see "Annexure A" as per attached.
Present
Please see "Annexure A" as per attached.

Attachments

Annexure A - JP.pdf
Total size =157K