Change - Announcement of Cessation::Cessation of Chief Financial Officer and Joint Company Secretary

Issuer & Securities

Issuer/ Manager
MATEX INTERNATIONAL LIMITED
Securities
MATEX INTERNATIONAL LIMITED - SG1P13916389 - M15
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
25-Jun-2025 18:40:06
Status
New
Announcement Sub Title
Cessation of Chief Financial Officer and Joint Company Secretary
Announcement Reference
SG250625OTHRKTCA
Submitted By (Co./ Ind. Name)
Dr Alex Tan Pang Kee
Designation
Chief Executive Officer / Managing Director
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, RHT Capital 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 document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Mr. Joseph Au at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Additional Details

Name Of Person
Seow Han Khye
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
25/06/2025
Detailed Reason (s) for cessation
Mr. Seow Han Khye ("Mr. Seow") has on 25 June 2025 tendered his resignation as the Chief Financial Officer ("CFO") and Joint Company Secretary of the Company due to personal family commitments.

The Board of Director of the Company has accepted Mr. Seow's resignation. Mr. Seow has requested his last day of service to be on 25 June 2025 as per his resignation letter. Pursuant to a mutual agreement between Mr. Seow and the Company, the notice period has been waived. Accordingly, his last day of employment will be on 25 June 2025.

The Company is in the process of searching for and identifying a suitable candidate for the position of CFO (or equivalent rank). A further announcement will be made in due course once a new appointment is confirmed. In the interim, the finance and accounting functions of the Company and its subsidiaries (the "Group") will be overseen by the Company's Senior Finance Team.

There are no concerns with regards to financial reporting that led to the resignation of Mr. Seow and there are no disagreements between Mr. Seow and the Board of Directors of the Company with regards to practices that will have an impact on the Company's financial reporting.

Based on its enquiries, the Company's sponsor, RHT Capital Pte. Ltd., after having interviewed Mr. Seow and to the best of its knowledge, is satisfied that, save as disclosed in this announcement, there are no other material reasons for the resignation of Mr. Seow as the CFO and Joint Company Secretary 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
28/04/2021
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer and Joint Company Secretary
Role and responsibilities
Executive. Responsible for overseeing the full spectrum of financial activities of the Group
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
Nil
Present
Nil