Change - Announcement of Appointment::Appointment of Deputy Chief Executive Officer - Salim Limanto

Issuer & Securities

Issuer/ Manager
RESOURCES GLOBAL DEVELOPMENT LIMITED
Securities
RESOURCES GLOBAL DEVEL LIMITED - SGXE81809571 - V7R
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-Dec-2025 17:31:28
Status
New
Announcement Sub Title
Appointment of Deputy Chief Executive Officer - Salim Limanto
Announcement Reference
SG251212OTHRCTKW
Submitted By (Co./ Ind. Name)
Francis Lee
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Salim Limanto as Deputy Chief Executive Officer of Resources Global Development Limited (the "Company", and together with its subsidiaries, the "Group").

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 Lim Hui Zheng, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Date of appointment
15/12/2025
Name of person
Salim Limanto
Age
42
Country of principal residence
Indonesia
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr Salim Limanto ("Mr Limanto") is currently an Executive Director and the Chief Operating Officer ("COO") of the Company. As part of the Group's succession planning, the management of the Company ("Management") has recommended the promotion of Mr Limanto to Deputy Chief Executive Officer ("Deputy CEO") of the Company with effect from 15 December 2025.

Mr Limanto has over 12 years of management and business development experience in the coal mining, transportation and trading industries. He has been actively involved in overseeing the Group's operations since the Company's listing in 2020, and will continue to spearhead the Group's shipping services and coal mining businesses.

The board of directors of the Company, having considered the recommendations of the Management and the Nominating Committee, and having assessed Mr Limanto's qualifications, experience, skillset, performance as Executive Director and COO, as well as his contributions to the Group, has approved his promotion to Deputy CEO. Following the promotion, Mr Limanto will also continue to serve as an Executive Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Executive. As Deputy CEO, Mr Limanto will support and act on behalf of the CEO in all strategic and operational matters. His responsibilities include assisting in the formulation and execution of corporate strategy, overseeing day-to-day operations, leading key initiatives, and representing the Company in engagements with stakeholders. He will report directly to the CEO and will assume full operational authority in the CEO's absence.
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Deputy Chief Executive Officer
Professional qualifications
Bachelor of Economics, majoring in Accountancy, Universitas Tarumanagara, Jakarta, Indonesia
Working experience and occupation(s) during the past 10 years
1. Resources Global Development Limited
- Executive Director and Chief Operating Officer (December 2018 - Present)

2. PT Deli Niaga Sejahtera (subsidiary of the Company)
- President Director (October 2013 - Present)

3. PT Deli Pratama Angkutan Laut (subsidiary of the Company)
- President Director (February 2013 - Present)

4. Deli International Resources Pte. Ltd.
- Director (February 2009 - June 2019)

5. Resources International Development Pte. Ltd.
- Director (September 2018 - December 2018)

6. PT Sinar Deli
- Head of Sales & Shipping (June 2006 - June 2018)
Shareholding interest in the listed issuer and its subsidiaries
No
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Limanto is the son of Mr Djunaidi Hardi and the nephew of each of Mr Juhadi, Mr Arifin Ang and Mr Limas Ananto ("Founding Shareholders").

The Founding Shareholders are deemed to be interested in the shares held by Deli International Resources Pte. Ltd. (the controlling shareholder of the Company).
Conflict of interest (including any competing business)
Nil
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
- Deli International Resources Pte. Ltd.
- Palmsphere Sdn Bhd
- PT Deli Niaga Jaya
- Resources International Development Pte. Ltd. (formerly known as Borneo Resources International Pte. Ltd.) (struck off as at 4 March 2021)
- RG Nutrients Pte. Ltd. (struck off on 5 September 2022)
- RG Camgen Pte. Ltd. (dissolved on 6 October 2023)
- RG International Commodities Pte. Ltd. (dissolved on 26 Jun 2025)
Present
- PT Deli Niaga Sejahtera
- PT Deli Pratama Angkutan Laut
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of:-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere,
in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If yes, please provide details of prior experience.
Mr Limanto has been a Director of the Company since 2020.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable).
Not applicable.