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

Issuer & Securities

Issuer/ Manager
SPACKMAN ENTERTAINMENT GROUP LIMITED
Securities
SPACKMAN ENTERTAINMENT GRPLTD - SGXE13591867 - 9VW
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
21-Apr-2026 17:32:12
Status
New
Announcement Sub Title
Cessation of Appointment of Non-Executive and Independent Director
Announcement Reference
SG260421OTHRXUNN
Submitted By (Co./ Ind. Name)
Noraini Latiff
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Appointment of Non-Executive and Independent Director.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Evolve Capital Advisory Private Limited ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST").

This announcement has not been examined by 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 details of the contact person for the Sponsor are:-
Name: Mr Jerry Chua (Registered Professional, Evolve Capital Advisory Private Limited)
Address: 160 Robinson Road, SBF Center, #20-01/02, Singapore 068914
Tel: (65) 6241 6626

Additional Details

Name of person
Lee Jae Seung
Age
52
Is effective date of cessation known?
Yes
If yes, please provide the date.
21/04/2026
Detailed reason(s) for cessation
Mr Lee Jae Seung ("Mr Lee") has informed the Board of Directors (the "Board") that he is resigning as Non-Executive and Independent Director of the Company to focus on pursuing other corporate endeavours. The Board has accepted Mr Lee's resignation, effective 21 April 2026, with no notice period required.

After having interviewed with Mr Lee, and to the best of its knowledge, the Company's Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Lee as Non-Executive and 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
08/07/2022
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chairman of the Remuneration Committee, and member of the Audit and Risk Management Committee, and the Nominating Committee of the Company.
Role and responsibilities
Non-Executive and Independent Director.
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)
1
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
Nil
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil