Change - Announcement of Cessation::Retirement of Independent Non-Executive Director - Lim Chong Huat

Issuer & Securities

Issuer/ Manager
SEN YUE HOLDINGS LIMITED
Securities
SEN YUE HOLDINGS LIMITED - SG1M25902545 - 5BS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-Mar-2025 17:52:25
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director - Lim Chong Huat
Announcement Reference
SG250306OTHRNDIF
Submitted By (Co./ Ind. Name)
Yap Meng Sing
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr. Lim Chong Huat ("Mr. Lim") as Independent Non-Executive Director of the Company.

This announcement has been reviewed by the Company s sponsor, SAC Capital Private Limited (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 Ms. Tay Sim Yee (Telephone no.: (65) 6232 3210), 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Additional Details

Name Of Person
Lim Chong Huat
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date
21/03/2025
Detailed Reason (s) for cessation
Mr. Lim will be retiring as an Independent Non-Executive Director of the Company to focus on pursuing other corporate endeavours. He will also step down as the Chairman of audit committee ("AC") and member of nominating committee ("NC") and remuneration committee ("RC").

The Sponsor, after having interviewed Mr. Lim and to its best knowledge, is satisfied that, save as disclosed in the announcement, there are no other material reasons for the retirement of Mr. Lim as Independent Non-Executive Director of the Company.

The Company is aware that Mr. Lim's retirement will render the AC unable to meet the minimum number (not less than three). The Company is actively identifying a suitable candidate to fill the position and will endeavour to fill the vacancy within three months.
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
01/02/2024
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
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.)
Non-Executive and Lead Independent Director, Chairman of AC, member of NC and RC.
Role and responsibilities
Assumed role and responsibilities as Non-Executive and Lead Independent Director, AC Chairman and member of NC and RC.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
200,000 ordinary shares
Past (for the last 5 years)
- H2 & ML Jason Pte Ltd
- Bizwiz Advisors Pte Ltd
- Wealthy Eight Pte Ltd
- Healthy Care International Pte Ltd
- Kouso Bio Trading Pte Ltd
- G&H Online Pte Ltd
- IJIM Bruxism Care Pte Ltd
- Matrix Audit Alliance PAC
Present
- Advancer Global Limited
- Samurai 2K Aerosol Limited
- De Northstar Pte Ltd
- Origin Mart Pte Ltd
- Coseclinic Service Pte Ltd
- Coseclinic Ebiz Pte Ltd
- Coseclinic (East) Pte Ltd
- Coseclinic Wealth Creations Pte Ltd
- Everich Management Services
- Milant & Associates LLP
- Lim CH & Associates
- Asst-Treasurer of Toa Payoh West-Thomsom Citizen Consultation Committee (Bishan-Toa Payoh GRC)
- Treasurer of Toa Payoh West-Thomson Active Aging Committee
- Vice President of Xiyao Culture Association
- Assistant Honorary Secretary of Chong Hua Tong Tou Teck Hwee
- Treasurer of Chong Hua Tong Active Aging Centre