Change - Announcement of Cessation::Retirement of Lead Independent Director - Mr Liew Choon Wei

Issuer & Securities

Issuer/ Manager
F J BENJAMIN HOLDINGS LTD
Securities
F J BENJAMIN HOLDINGS LTD - SG1D58018368 - F10
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Oct-2025 17:46:13
Status
New
Announcement Sub Title
Retirement of Lead Independent Director - Mr Liew Choon Wei
Announcement Reference
SG251013OTHRZA9U
Submitted By (Co./ Ind. Name)
Wendy Isabel Wong Pei Fern
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Liew Choon Wei ("Mr Liew") as Lead Independent Director, Chairman of the Audit Committee as well as a member of the Nominating and Remuneration Committee of F J Benjamin Holdings Ltd (the "Company") upon the conclusion of the Company's Annual General Meeting (the "AGM") to be held on 29 October 2025.

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
Liew Choon Wei
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
29/10/2025
Detailed Reason (s) for cessation
Mr Liew, who has been serving as an Independent Director of the Company since 29 November 2016, would have served on the Board of Directors of the Company (the "Board") for nine financial years since his initial appointment.

In view of Rule 406(3)(d)(iv) of the SGX-ST Listing Manual Section B: Rules of Catalist, which prescribed a nine-year tenure limit for independent directors and to facilitate renewal of the Board, Mr Liew has decided to retire as the Lead Independent Director of the Company upon the conclusion of the Company's forthcoming AGM to be held on 29 October 2025.

Upon Mr Liew's retirement, he will cease to be the Chairman of the Audit Committee as well as a member of the Nominating and Remuneration Committee.

After having interviewed Mr Liew 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 retirement of Mr Liew as the Lead 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
29/11/2016
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.)
Lead Independent Director, Chairman of the Audit Committee as well as a member of the Nominating and Remuneration Committee
Role and responsibilities
Assumes the roles and responsibilities of the Lead Independent Director, Chairman of the Audit Committee as well as a member of the Nominating and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
- Frasers Hospitality Asset Management Pte. Ltd. (manager of Frasers Hospitality Real Estate Investment Trust)
- Fraser Hospitality Trust Management Pte. Ltd. (trustee-manager of Fraser Hospitality Business Trust)
- Halcyon Agri Corporation Limited
- The Hour Glass Limited
Present
None