Change - Announcement of Cessation::Retirement of Finance Director and Company Secretary

Issuer & Securities

Issuer/ Manager
QIAN HU CORPORATION LIMITED
Securities
QIAN HU CORPORATION LIMITED - SG1BE8000008 - BCV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Dec-2025 17:21:38
Status
New
Announcement Sub Title
Retirement of Finance Director and Company Secretary
Announcement Reference
SG251215OTHRHT0D
Submitted By (Co./ Ind. Name)
Yap Kok Cheng
Designation
Executive Chairman & CEO
Description (Please provide a detailed description of the event in the box below)
Retirement of Finance Director and Company Secretary

Additional Details

Name of person
Lai Chin Yee
Age
60
Is effective date of cessation known?
Yes
If yes, please provide the date.
31/01/2026
Detailed reason(s) for cessation
Ms Lai Chin Yee ("Ms Lai") has given notice of her retirement and will be relinquishing her appointments as Finance Director and Company Secretary of the Company with effect from 31 January 2026. To ensure a smooth and orderly transition, Ms Lai will work with the leadership team to facilitate the handover of her responsibilities over a six-month transition period following her retirement from her current roles.

Ms Lai's retirement as the Company Secretary is in conjunction with her retirement as the Finance Director of the Company.

Please refer to the separate announcement released by the Company on 15 December 2025 for more information relating to the retirement of Ms Lai.
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
01/11/2004
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Finance Director and Company Secretary
Role and responsibilities
Ms Lai is responsible for the Group's listing compliance, financial & sustainability reporting, risk management, treasury, corporate governance and other finance related matters.
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
Yes
Shareholding details
80,350 ordinary shares in Qian Hu Corporation Limited
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)
Qian Hu Corporation Limited
Micro-Mechanics (Holdings) Ltd
Singapore Paincare Holdings Limited
Present
Abundance International Limited
LivingPath Private Limited