Change - Announcement of Cessation::Resignation of Executive Director - Nicholas Eng Teng Cheng

Issuer & Securities

Issuer/ Manager
SUNRISE SHARES HOLDINGS LTD.
Securities
SUNRISE SHARES HOLDINGS LTD. - SG0581008505 - 581
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
17-Jul-2026 19:11:57
Status
New
Announcement Sub Title
Resignation of Executive Director - Nicholas Eng Teng Cheng
Announcement Reference
SG260717OTHRP5IP
Submitted By (Co./ Ind. Name)
Huang Jyun-Ruei
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Nicholas Eng Teng Cheng as the Executive Director of the Company with effect from 18 July 2026.

This announcement has been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "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 Goh Mei Xian, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Name of person
Nicholas Eng Teng Cheng
Age
34
Is effective date of cessation known?
Yes
If yes, please provide the date.
18/07/2026
Detailed reason(s) for cessation
Mr. Nicholas Eng Teng Cheng ("Mr. Nicholas Eng") has tendered his resignation as an Executive Director of the Company on 17 July 2026, to pursue other career opportunities. The Board has mutually agreed with Mr. Nicholas Eng that his resignation will take effect from 18 July 2026.

In arriving at this decision, the Board has taken into account, among other things, that: (i) Mr. Nicholas Eng is not currently involved in any major projects of the Group, and his departure is therefore not expected to have a material impact on the Group's operations; and (ii) Mr. Nicholas Eng's duties and responsibilities will be assumed by the Company's other Executive Directors and the Chief Executive Officer, Mr. Huang Jyun-Ruei, with the support of the Company's Chief Financial Officer and the management team.

Mr. Nicholas Eng has confirmed that there are no unresolved differences in opinion or disagreements with the Board and the management of the Company, and that there are no matters relating to the affairs of the Company or the Group, including any corporate governance, internal controls or compliance matters, which led to his resignation.

After having interviewed Mr. Nicholas Eng, and to the best of its knowledge, the Company's Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Nicholas Eng as an 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
14/12/2024
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Responsible for corporate and business development, strategic partnerships and collaborations, and investor relations function.
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)
0
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
0
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
Nil
Other Directorships
Past (for the last 5 years)
Kindle Holdings Pte. Ltd.
Neumann Tech Pte Ltd
Present
Globalcorp Capital Private Limited
OXO Digital Pte Ltd
HN Singapore Pte Ltd
ZYS Holdings Pte Ltd