Change - Announcement of Cessation::CESSATION OF GENERAL MANAGER, PROPERTY DIVISION

Issuer & Securities

Issuer/ Manager
GRP LIMITED
Securities
GRP LTD - SG1CD2000004 - BLU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
12-Jan-2026 17:32:54
Status
New
Announcement Sub Title
CESSATION OF GENERAL MANAGER, PROPERTY DIVISION
Announcement Reference
SG260112OTHRPVV9
Submitted By (Co./ Ind. Name)
Goh Lik Kok
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of General Manager, Property Division

Additional Details

Name of person
Kwan Chee Hong
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date.
31/03/2026
Detailed reason(s) for cessation
Mr Kwan Chee Hong ("Mr Kwan") tendered his resignation as General Manager, Property Division of the Company to pursue other personal interest. The Company is currently searching for a suitable replacement.
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
01/04/2022
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager, Property Division
Role and responsibilities
Mr Kwan is responsible for the overall supervision and management of the Group's property operations.
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
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
Mr Kwan has an aggregate shareholding interest of 0.49% in the Company, comprising direct interest in 880,500 Shares.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Kwan is the brother of Mr Kwan Chee Seng, who is the Non-independent Non-executive Director and a Controlling Shareholder of the Company.
Other Directorships
Past (for the last 5 years)
None.
Present
GRP Developments Sdn Bhd
GRP Project Management Sdn Bhd
GRP Services Myanmar Co Ltd
Multiple Lodge Sdn Bhd
Ratus Nautika Sdn Bhd
Rumah Kami Sdn Bhd
Tangshan GRP Trading Co Ltd
VDH Land Sdn Bhd
VDH Tower (Ipoh) Sdh Bhd