Change - Announcement of Cessation::Cessation of Financial Controller

Issuer & Securities

Issuer/ Manager
KHEN ENERGY LIMITED
Securities
KHEN ENERGY LIMITED - SGXE64291615 - YSV
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-May-2026 17:39:48
Status
New
Announcement Sub Title
Cessation of Financial Controller
Announcement Reference
SG260529OTHR140Y
Submitted By (Co./ Ind. Name)
Zhan Aijuan (Ms)
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Financial Controller.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (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 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 Mr Shervyn Essex, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name of person
Quak Jin Lim
Age
53
Is effective date of cessation known?
Yes
If yes, please provide the date.
01/06/2026
Detailed reason(s) for cessation
Due to re-deployment of staff duties to meet the Company's growing manpower needs, Mr Quak will be redesignated as the Company's Deputy Corporate Services Director. Accordingly, he will relinquish his position as Financial Controller. For the avoidance of doubt, as this constitutes a redesignation, Mr Quak will continue to remain with the Company following his cessation as the Group Financial Controller. The Company's finance function will continue to be headed by Mr Quek Wey Lon, Director of Finance of the Company, and supported by the Group's finance team.

After having interviewed Mr Quak and to the best of its knowledge, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd, is satisfied that save as disclosed in this announcement, there are no other material reasons for the resignation of Mr Quak as the Financial Controller of the Group.

In addition, there are no concerns with regards to financial reporting that led to the departure of Mr Quak and there are no disagreements between Mr Quak and the Company's Board of Directors with regards to practices that will have an impact to the Company's financial reporting.

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
01/09/2022
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller
Role and responsibilities
Executive. Mr Quak is responsible for the Group's overall finance function which include accounting, internal controls, financial and management reporting, investment, tax, treasury, financial analysis, M&A support, risk management and investor relations.
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)
2
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
0
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)
Nil
Present
Nil