Change - Announcement of Cessation::Resignation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
CSE GLOBAL LIMITED
Securities
CSE GLOBAL LTD - SG1G47869290 - 544
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Jun-2026 21:50:41
Status
New
Announcement Sub Title
Resignation of Independent Non-Executive Director
Announcement Reference
SG260602OTHR292T
Submitted By (Co./ Ind. Name)
Lai Kuan Loong Victor
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Non-Executive Director

Additional Details

Name of person
Tan Chian Khong
Age
70
Is effective date of cessation known?
Yes
If yes, please provide the date.
02/06/2026
Detailed reason(s) for cessation
Mr Tan Chian Khong has tendered his resignation as Lead Independent Director with effect from 2 June 2026 and has accordingly stepped down as Chairman of the Audit and Risk Committee and the Nominating Committee (the "NC").

The Board of Directors (the "Board") wishes to announce that the NC will identify and evaluate suitable candidates to fill the positions of Lead Independent Director and Audit and Risk Committee Chairman. In conjunction with the above, the Board will also review and evaluate the composition of its Board Committees to ensure continued effectiveness and alignment with corporate governance requirements. The Company will make the necessary announcements in due course upon the appointment of the relevant individual(s) and the finalisation of any changes to the Board Committee composition. Pending the appointment of a Lead Independent Director, the Board is satisfied that appropriate interim arrangements are in place to ensure the independent oversight as the Independent Directors continue to constitute the majority of the Board.

The Board wishes to affirm its commitment to upholding high standards of corporate governance and will continue to act in the best interest of the Company and all its shareholders.

The Board wishes to thank Mr Tan Chian Khong for his valuable contributions over the last seven years and wishes him well 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?
Yes
If yes, please elaborate.
Difference of views with regard to working with controlling shareholders.
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Yes
If yes, please elaborate.
Shareholders should be concerned with any differences of views with regards to working with controlling shareholders. The management are the key value drivers for the company.
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If yes, please elaborate.
The above unresolved differences of views with regards to working with controlling shareholders.
Date of appointment to current position
19/02/2019
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director
Chairman of the Audit and Risk Committee
Chairman of the Nominating Committee
Role and responsibilities
Non-executive
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)
4
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
Mr Tan is deemed to be interested in 63,539 shares.
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)
- Trailblazer Foundation Ltd
- Alliance Bank Malaysia Berhad
- Gambling Regulatory Authority of Singapore
Present
- SMRT Corporation Ltd
- Hong Leong Asia Ltd
- The Straits Trading Company Limited
- Banyan Tree Holdings Limited
- Agency for Science, Technology and Research (as Audit Committee member)