Change - Announcement of Cessation::Retirement of Independent Director

Issuer & Securities

Issuer/ Manager
ACROMETA GROUP LIMITED
Securities
ACROMETA GROUP LIMITED - SG1CH1000006 - 43F
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Jan-2026 21:22:05
Status
New
Announcement Sub Title
Retirement of Independent Director
Announcement Reference
SG260123OTHRQ06C
Submitted By (Co./ Ind. Name)
Toh Ker How
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Please refer to the information below.

This announcement has been reviewed by the Company's Sponsor, W Capital Markets Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange"), and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr Brian Ching at 65 Chulia Street, #43-01, OCBC Centre, Singapore 049513, telephone (65) 6513 3235.

Additional Details

Name of person
Cheong Keng Chuan, Alfred
Age
57
Is effective date of cessation known?
Yes
If yes, please provide the date.
23/01/2026
Detailed reason(s) for cessation
Mr Cheong Keng Chuan, Alfred ("Mr Cheong"), who was retiring pursuant to Regulation 108 of the Company's Constitution, did not stand for re-election at the Company's Annual General Meeting ("AGM") held on 23 January 2026, retired as an Independent Director of the Company at the conclusion of the Company's AGM. Following his retirement, he also relinquished his position as Lead Independent Director, Chairman of the Audit Committee and a member of Nominating and Remuneration Committees.

The Company would like to express its gratitude and appreciation towards Mr Cheong's valuable contributions to the Board during his tenure.

Based on its enquiries and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Cheong as Independent 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?
No
Date of appointment to current position
17/02/2023
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Lead Independent Director, Chairman of Audit Committee and a Member of Nominating and Remuneration Committees
Role and responsibilities
Non-Executive
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
2
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
1,600,000 Shares in AcroMeta Group 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)
Jubilee Industries Holdings Ltd
Present
Giti Tire Corporation