Change - Announcement of Cessation::Resignation of Chief Executive Officer

Issuer & Securities

Issuer/ Manager
GP INDUSTRIES LIMITED
Securities
GP INDUSTRIES LIMITED - SG1C12012995 - G20
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
27-Mar-2026 17:43:37
Status
New
Announcement Sub Title
Resignation of Chief Executive Officer
Announcement Reference
SG260327OTHR6CG3
Submitted By (Co./ Ind. Name)
Lee Tiong Hock
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Chief Executive Officer - Mr Victor Lo Chung Wing

Additional Details

Name of person
Victor Lo Chung Wing
Age
75
Is effective date of cessation known?
Yes
If yes, please provide the date.
01/04/2026
Detailed reason(s) for cessation
As part of board renewal, the Company wishes to announce the cessation of Mr Victor Lo Chung Wing as Chief Executive Officer of the Company. He will remain as the Executive Director and Chairman 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
03/02/2016
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chairman and Chief Executive Officer and a member of the Nominating Committee
Role and responsibilities
He is mainly responsible for the Group's overall management.
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)
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
0
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
The Company: Direct interest in 300,000 ordinary shares and deemed interest in 414,098,443 ordinary shares.
Mr Lo's deemed interest in the Company's issued shares arises pursuant to Mr Lo's aggregate direct and deemed interests of approximately 26.92% in the issued shares of Gold Peak Technology Group Limited, which has a direct interest in 414,098,443 (86.18%) issued shares of the Company.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr Lo is an Executive Director, the Chairman and Chief Executive of Gold Peak Technology Group Limited and is deemed to be a substantial shareholder of the Company.
Other Directorships
Past (for the last 5 years)
Blue Poles Limited
Hong Kong Design Centre Limited
Hotel ICON Limited
M Plus Museum Limited
West Kowloon Cultural District Foundation Limited
Present
Gold Peak Technology Group Limited (Chairman and Chief Executive)
Please refer to the Table C for a list of other present directorships of Mr Lo.

Attachments

GPI _Announcement of Cessation_Victor Lo - Table C.pdf
Total size =13K