Change - Announcement of Cessation::Retirement of Independent Non-Executive Director - Mr Hew Koon Chan

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 Cessation
Date &Time of Broadcast
14-Apr-2026 07:44:48
Status
New
Announcement Sub Title
Retirement of Independent Non-Executive Director - Mr Hew Koon Chan
Announcement Reference
SG260414OTHRY7FB
Submitted By (Co./ Ind. Name)
Yeo Tze Khern Thomas
Designation
Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Hew Koon Chan ("Mr Hew") as Independent Non-Executive Director 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

Name of person
Hew Koon Chan
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date.
29/04/2026
Detailed reason(s) for cessation
Mr Hew Koon Chan is retiring as a Director of the Company pursuant to Regulation 103 of the Company's Constitution and has decided not to seek re-election in support of the Board renewal process ("Retirement"). Accordingly, he will retire as a Director of the Company upon the conclusion of the Company's annual general meeting to be held on 29 April 2026 ("AGM").

Following the Retirement, Mr Hew will cease to be an Independent Non-Executive Director of the Company, Chairperson of the Audit Committee and a member of the Nominating and the Remuneration Committees.

The Company is in the process of identifying suitable candidates to fill the vacancy within two (2) months and, in any case, no later than three (3) months, to ensure compliance with the relevant requirements under the Companies Act 1967 of Singapore, the Listing Manual Section B: Rules of Catalist of the SGX-ST and the Code of Corporate Governance 2018. The Company will make further announcements to update shareholders on this matter in due course.

The Sponsor, after having interviewed Mr Hew, is satisfied that, save as disclosed in this announcement, there are no other material reasons for the Retirement.
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
27/12/2019
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director, Chairperson of the Audit Committee and a member of the Nominating and the Remuneration Committees
Role and responsibilities
Non-Executive
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
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
2
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)
- shopper360 Limited
- Vibropower Corporation Limited
- ecoWise Holdings Limited
- SP Manufacturing Pte. Ltd.
Present
- Oiltek International Limited
- Integer Capital Pte. Ltd.
- SEA Family Trust Pte. Ltd.