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

Issuer & Securities

Issuer/ Manager
KODA LTD
Securities
KODA LTD - SG1CB1000009 - BJZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Oct-2025 17:29:01
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Director
Announcement Reference
SG251013OTHRJ954
Submitted By (Co./ Ind. Name)
James Koh Jyh Gang
Designation
Executive Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Independent Director

Additional Details

Name Of Person
Tan Choon Seng
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date
29/10/2025
Detailed Reason (s) for cessation
Mr Tan Choon Seng ("Mr Tan") retired by rotation as director pursuant to Regulation 89 and 90 of the Company's Constitution, and did not stand for re-election at the Annual General Meeting held on 29 October 2025.

Mr Tan confirms that there are no concerns or disagreements with the Board or management of the Company over matters involving the Company that led to his resignation.
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
18/11/2016
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Member of the Audit Committee, Member of the Nominating Committee, Member of the Remuneration Committee
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
As at 29 October 2025, Mr Tan has a direct interest in 100,000 shares in the Company.
Other Directorships
Past (for the last 5 years)
KuangChen Pte Ltd, Director

Link2 Ventures Ptd Ltd, Director and Shareholder

Sparrow Capital Pte Ltd, Director

Singapore Institute of Management, Director

IVY Clubs Pte Ltd, Director and Shareholder

18C Holdings Ltd, Director

Singapore University of Social Sciences, Board of Trustee
Present
Soup Holdings Limited, Director