Change - Announcement of Cessation::Cessation of Independent Non-Executive Director - Lim Teck Chai, Danny

Issuer & Securities

Issuer/ Manager
STAMFORD LAND CORPORATION LTD
Securities
STAMFORD LAND CORPORATION LTD - SG1I47882655 - H07
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Jul-2026 22:07:39
Status
New
Announcement Sub Title
Cessation of Independent Non-Executive Director - Lim Teck Chai, Danny
Announcement Reference
SG260708OTHRQHV2
Submitted By (Co./ Ind. Name)
Lau Yin Whai
Designation
Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Lim Teck Chai, Danny ("Mr Lim") as Independent Non-Executive Director who is Chairman of the Nominating Committee and member of the Audit and Risk Management and Remuneration Committees of the Company.

Additional Details

Name of person
Lim Teck Chai, Danny
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date.
30/07/2026
Detailed reason(s) for cessation
Mr Lim has served on the Board of Directors (the Board ) for nine years since his appointment as a Director of the Company. He is stepping down in accordance with the nine-year tenure limit for Independent Directors prescribed under the Singapore Exchange Securities Trading Limited ( SGX-ST ) Mainboard Rules.

Upon the conclusion of the Annual General Meeting, he will step down as Independent Non-Executive Director of the Company and will concurrently cease to serve as Chairman of the Nominating Committee and a member of the Audit and Risk Management Committee and Remuneration Committee on 30 July 2026.

The Board expresses its sincere gratitude and appreciation to Mr Lim for his invaluable contributions and dedicated service during his tenure as an 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?
No
Date of appointment to current position
31/05/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairman of Nominating Committee and Member of the Audit and Risk Management and Remuneration Committees
Role and responsibilities
Roles and responsibilities of Independent Non-Executive Director, Chairman of Nominating Committee and Member of the Audit and Risk Management and Remuneration Committees
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)?
No
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
iFast Financial Pte. Ltd.
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:
Nil

Other Principal Commitment:
Nil
Present
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Other Principal Commitment:
Rajah & Tann Singapore LLP
Partner, Capital Markets/Mergers &Acquisition