Change - Announcement of Cessation::Resignation of Non-Executive Independent Director - Mr Tan Chong Huat

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
06-Nov-2025 00:12:43
Status
New
Announcement Sub Title
Resignation of Non-Executive Independent Director - Mr Tan Chong Huat
Announcement Reference
SG251106OTHRYW3M
Submitted By (Co./ Ind. Name)
Liu Shen
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
Resignation of Mr Tan Chong Huat as a Non-Executive Independent Director of the Company with effect from 5 November 2025.

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
Tan Chong Huat
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date.
05/11/2025
Detailed reason(s) for cessation
Mr Tan Chong Huat ("Mr Tan") has tendered his resignation as a Non-Executive Independent Director of the Company on 5 November 2025 to focus on personal commitments since the Company's operations are presently stabilizing with a new Executive Director of the Company, Dr Liu Shen, and the appointment of a new Chief Executive Officer of the Company, Mr Chen Hongbo.

Following his resignation, Mr Tan has also relinquished his positions as the Chairman of the Board of Directors of the Company (the "Board"), the Chairman of the Remuneration Committee and a member of the Audit Committee.

After having interviewed Mr Tan, 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 resignation of Mr Tan as a Non-Executive 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
30/09/2025
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Chairman of the Board, member of the Audit Committee and Chairman of the Remuneration Committee
Role and responsibilities
Assumed the role and responsibilities of a Non-Executive Independent Director, Chairman of the Board, member of the Audit Committee and Chairman of the Remuneration Committee
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
7
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)
RHT Legal Training Institute Pte. Ltd.
RHT Realty Pte. Ltd.
TTK Foundation Ltd.
RHT Consulting Asia Pte. Ltd.
China-Asean Business Alliance Limited
SDAX Exchange Pte. Ltd.
Feu International Pte. Ltd.
VRSE Asia Holdings Pte. Ltd.
RHT Real Estate Pte. Ltd.
SDAX Financial Pte. Ltd.
Carrington RHT Investments Pte. Ltd.
Carrington RHT Wealth Pte. Ltd.
OneRHT Foundation Ltd.
RHT Tax Pte. Ltd.
RHT HR Consulting Pte. Ltd.
Pacific Trustees (Singapore) Ltd.
Present
RHTLaw Asia LLP
RHT Aldigi Financial Holdings Pte. Ltd.
RHT Lex Ultra Pte. Ltd.
RHT Opes Ultra Pte. Ltd.
RHT Intellectus Ultra Pte. Ltd.
RHT Populus Ultra Pte. Ltd.
RHT Intellectus Investment Holdings Pte. Ltd.
Aldigi Holdings Pte. Ltd.
DAS Universe Pte. Ltd.
1Metaassets Pte. Ltd.
Takbo Holdings Limited (listed on the Stock Exchange of Hong Kong Limited)
Lingbao Gold Group Company Ltd. (listed on the Stock Exchange of Hong Kong Limited)
Raffles Interier Limited (listed on the Stock Exchange of Hong Kong Limited)