Change - Announcement of Cessation::Retirement of Non-Executive and Lead Independent Director

Issuer & Securities

Issuer/ Manager
YONGMAO HOLDINGS LIMITED
Securities
YONGMAO HOLDINGS LIMITED - SG1CB9000001 - BKX
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
10-Jul-2025 22:02:17
Status
New
Announcement Sub Title
Retirement of Non-Executive and Lead Independent Director
Announcement Reference
SG250710OTHRJ22K
Submitted By (Co./ Ind. Name)
Cheok Hui Yee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Hoon Chee Wai as Non-Executive and Lead Independent Director

Additional Details

Name Of Person
Hoon Chee Wai
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date
28/07/2025
Detailed Reason (s) for cessation
Mr Hoon Chee Wai ("Mr Hoon"), who is subject to the retirement at the forthcoming annual general meeting ("AGM") pursuant to Regulation 117 of the Constitution of the Company, has relinquished for the re-election.

As such, Mr Hoon will retire as Non-Executive and Lead Independent Director of the Company at the conclusion of the forthcoming AGM to be held on 28 July 2025. Concurrently, he will also cease to be the Chairman of Audit Committee and a Member of Nominating Committee and Remuneration Committee of the Company.

The Board and Management of the Company would like to express their gratitude to Mr Hoon for his invaluable contributions during his tenure of service.
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
02/09/2019
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Lead Independent Director, Chairman of Audit Committee and a Member of Nominating Committee and Remuneration Committee
Role and responsibilities
The roles and responsibilities as a Non-Executive and Lead Independent Director, Chairman of Audit Committee and a Member of Nominating Committee and Remuneration Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Mr Hoon holds S$200,000 in principal amount of YM_D003_3/SGD Tokens at an interest rate of 4.9% per annum in Yongmao Holdings Limited
Other Directorships
Past (for the last 5 years)
(1) K.A. Group Holdings Pte. Ltd.
(2) K.A. Building Construction Pte. Ltd.
(3) K.A. Fabric Shutters Pte. Ltd.
(4) K.A. Fireproofing Pte Ltd
(5) K.A. FireLite Pte. Ltd.
(6) Amberfire Technology Sdn. Bhd. (formerly known as K.A. Vermiculite Spray Sdn. Bhd.)
(7) Tee International Limited
(8) Intraco Limited
(9) The Property Market Pte. Ltd.
(10) Tat Hong Intraco Pte. Ltd.
(11) MJF Capital Pte. Ltd.
Present
(1) Kinergy Corporation Ltd.
(2) Singapore Shipping Corporation Limited
(3) Intraco Prime Pte. Ltd.
(4) Provenance Treasures Pte. Ltd.
(5) Taurus Point Capital Pte. Ltd.
(6) Tradetok Pte. Ltd.