Change - Announcement of Cessation::Cessation of Non-Independent and Non-Executive Director

Issuer & Securities

Issuer/ Manager
APAC REALTY LIMITED
Securities
APAC REALTY LIMITED - SG1DJ0000001 - CLN
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-May-2026 17:27:38
Status
New
Announcement Sub Title
Cessation of Non-Independent and Non-Executive Director
Announcement Reference
SG260507OTHR0KCX
Submitted By (Co./ Ind. Name)
Chua Khee Hak
Designation
Non-Independent and Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Michael Yeh as Non-Independent and Non-Executive Director

Additional Details

Name of person
Michael Yeh
Age
36
Is effective date of cessation known?
Yes
If yes, please provide the date.
07/05/2026
Detailed reason(s) for cessation
Resignation from Morgan Stanley.

Following his resignation, Mr Yeh will relinquish his role as a member of Audit and Risk, Nominating and Remuneration Committees.

The Board and Management would like to express their appreciation to Mr Yeh for his invaluable contributions and guidance to the Board and 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
08/08/2024
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
i. Non-Independent and Non-Executive Director
ii. Member of Audit and Risk, Nominating and Remuneration Committees
Role and responsibilities
Carry out the responsibilities of the Non-Independent and Non-Executive Director and member of Audit and Risk and Nominating and Remuneration Committees.
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
1
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
No
Other Directorships
Past (for the last 5 years)
1. Procare Investments Pte. Ltd.
2. North Haven Private Equity Asia Platinum Pte. Ltd.
3. Microlife Manufacturing Holding Pte. Ltd.
4. Microlife Corporation
5. Midas Company Limited
6. Midas Health Company Limited
7. Midas Investment Co., Ltd.
8. NHPEA Asia Realty Holding (HK) Limited
9. North Haven Ambrosia Holding Company (HK) Limited
10. North Haven Private Equity Asia Midas Holding Limited
11. NHPEA Ace Company Limited
12. NHPEA Ace Realty Company Limited
13. NHPEA V Opera Company (HK) Limited
14. NHPEA V London Company (HK) Limited
Present
None