Change - Announcement of Cessation::Cessation of Service of Group Financial Controller

Issuer & Securities

Issuer/ Manager
HS OPTIMUS HOLDINGS LIMITED
Securities
HS OPTIMUS HOLDINGS LIMITED - SG1G23864448 - 504
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Sep-2026 23:14:49
Status
New
Announcement Sub Title
Cessation of Service of Group Financial Controller
Announcement Reference
SG260916OTHR51MH
Submitted By (Co./ Ind. Name)
HS OPTIMUS HOLDINGS LIMITED
Designation
BOARD OF DIRECTORS
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("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 Mr Lance Tan, Senior Vice President, at 83 Clemenceau Avenue, #10- 01 UE Square, Singapore 239920, telephone (65) 6590 6881.

Additional Details

Name of person
Ng Yui Wei
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date.
15/12/2026
Detailed reason(s) for cessation
Mr Ng's employment with the Company as Group Financial Controller has been made redundant as part of the Company's cost reduction exercise in the face of challenging cost pressures and macroeconomic headwinds affecting the Group.

The Board would like to express its appreciation to Mr Ng for his 6 and a half years of invaluable contributions and loyal service to the Group.

Mr Ng will work closely with the finance team of the Company to ensure a smooth handover and transition of his responsibilities.

There are no concerns with regards to the financial reporting that led to the cessation of Mr Ng and there are no disagreements between Mr Ng and the Board of Directors of the Company with regards to practices that would have an impact on the Company's financial reporting.

Based on its enquiries, the Company's sponsor, UOB Kay Hian Private Limited, is satisfied that, save as disclosed in this announcement there are no other material reasons for the cessation of Mr Ng as the Group Financial Controller of the Company.
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
29/04/2020
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Group Financial Controller
Role and responsibilities
Oversees the Group's accounting and financial matters, statutory and SGX reporting, internal control and other regulatory requirements.
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)
2
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
No
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil