Change - Announcement of Cessation::Resignation of Financial Controller - Gan Choon Ching

Issuer & Securities

Issuer/ Manager
CAPALLIANZ HOLDINGS LIMITED
Securities
CAPALLIANZ HOLDINGS LIMITED - SG1H44875935 - 594
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Mar-2026 19:08:36
Status
New
Announcement Sub Title
Resignation of Financial Controller - Gan Choon Ching
Announcement Reference
SG260331OTHRTN0D
Submitted By (Co./ Ind. Name)
Liu Qiang
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr. Gan Choon Ching as the Financial Controller of the Company with effect from 24 April 2026.

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
Gan Choon Ching
Age
44
Is effective date of cessation known?
Yes
If yes, please provide the date.
24/04/2026
Detailed reason(s) for cessation
Mr. Gan Choon Ching ("Mr. Gan") resigned as the Financial Controller ("FC") of CapAllianz Holdings Limited (the "Company") on 11 March 2026 to pursue other career opportunities. He is currently serving his notice period, which has been extended until 24 April 2026 after mutual agreement with the Company.

The Company is in the process of finding a replacement and will make the necessary announcement(s) as and when a suitable candidate is appointed. In the meantime, Mr. Gan is working closely with the finance team and the management team of the Company, to ensure a smooth handover and transition of his responsibilities.

Mr. Gan confirms that there are no concerns with regards to financial reporting that led to his resignation and there are no disagreements between himself and the Board of Directors of the Company with regards to practices that would have an impact to the Company's and the Group's financial reporting.

The Company expresses its gratitude to Mr. Gan for his valuable contributions during his tenure of service.

After having interviewed Mr. Gan and to the best of its knowledge, the Company's sponsor, ZICO Capital Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Gan as the FC 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
13/11/2025
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Financial Controller
Role and responsibilities
Mr. Gan is responsible for the Group's financial accounting and reporting related matters, internal controls and risk management systems, taxation and treasury control as well as other corporate matters.
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)
0
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
4
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