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

Issuer & Securities

Issuer/ Manager
AUTAGCO LTD.
Securities
AUTAGCO LTD - SGXE12305384 - WNH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Jul-2026 17:18:41
Status
New
Announcement Sub Title
Cessation of Non-Independent Non-Executive Director
Announcement Reference
SG260722OTHRNMDW
Submitted By (Co./ Ind. Name)
Soh Yeow Hwa
Designation
Executive Director and Interim Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, SAC Capital 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 Ms Lee Khai Yinn (Tel: (65) 6232 3210), at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Additional Details

Name of person
Loke Pak Hoe, Patrick
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date.
22/07/2026
Detailed reason(s) for cessation
Mr. Loke Pak Hoe, Patrick ("Mr. Loke") has tendered his resignation as a Non-Independent Non-Executive Director of the Company as he would like to devote more time to his other business commitments.

The Company would like to express its gratitude and appreciation towards Mr. Loke for his valuable contributions to the Company during his tenure.

The Sponsor, after having interviewed Mr. Loke, is satisfied that, save as disclosed in the announcement, there are no material reasons for the resignation of Mr. Loke as Non-Independent Non-Executive Director 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?
Yes
If yes, please elaborate.
The auditor of the Company, Grant Thornton Audit LLP, has included a Material Uncertainty Related to Going Concern section on the audited financial statements of the Group for the financial year ended 31 July 2025 ("FY2025"). Please refer to the Company's FY2025 annual report and announcement dated 13 January 2026 for further information.
Date of appointment to current position
02/04/2026
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Director
Role and responsibilities
Non-Executive Non-Independent Director
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
5
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)
Directorships:
DT8 Investments Pte. Ltd. (Struck Off)
Superfood Kitchen Pte. Ltd.
The Green Bar Pte. Ltd.
Novo Institute Pte. Ltd.
LifeBrandz Investment Management Pte. Ltd.
Cloud Eight Pte. Ltd.
LB F&B Pte. Ltd.
Present
Directorships:
Canaan Holdings Pte. Ltd.
DT8 Education Limited
Global Student Services (GSS) Pte. Ltd.
Grandis Education Group Pte. Ltd.
PTL Capital Pte. Ltd.
One For Jesus Ltd.