Change - Announcement of Cessation::Resignation of Non-Executive and Non-Independent Chairman

Issuer & Securities

Issuer/ Manager
METROCON HOLDINGS LIMITED
Securities
METROCON HOLDINGS LIMITED - SGXE38148339 - WYO
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Nov-2026 07:27:43
Status
New
Announcement Sub Title
Resignation of Non-Executive and Non-Independent Chairman
Announcement Reference
SG261102OTHR8M39
Submitted By (Co./ Ind. Name)
Tan Kean Seng
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Alvin Lim Yee Hong as the Non-Executive and Non-Independent Chairman of the Company.

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 Ms. Lim Joe Min at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Additional Details

Name of person
Alvin Lim Yee Hong
Age
35
Is effective date of cessation known?
Yes
If yes, please provide the date.
29/10/2026
Detailed reason(s) for cessation
Mr. Alvin Lim Yee Hong ("Mr. Alvin Lim") was, on 29 October 2026, charged in Court for allegedly operating a foreign employee dormitory without a valid licence, an offence under the Foreign Employee Dormitories Act 2015.

Mr. Alvin Lim has tendered his resignation as the Non-Executive and Non-Independent Chairman of the Company as he needs to devote substantial time and resources to attend to his personal matters. The Board has agreed to accept his resignation with immediate effect.

Based on its enquiries and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Alvin Lim.

The Board would like to extend their appreciation Mr. Alvin Lim for his invaluable contribution to the Company 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
22/07/2026
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive and Non-Independent Chairman
Role and responsibilities
Non-Executive
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)
4
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
Direct Interest - 500,000 ordinary shares

Deemed Interest through LBD Engineering Pte. Ltd. - 113,841,289 ordinary shares
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Spouse of Ms. Charlotte Tay Tingyin, Non-Executive and Non-Independent Director of the Company
Son of Mr. Lim Ban Dian, a controlling shareholder of the Company
Other Directorships
Past (for the last 5 years)
Smooth Developments Pte. Ltd. (October 2023 - November 2024)

Forza Building Material Pte. Ltd. (Struck Off) (October 2022 - March 2024)

Good Harvest Builder Pte. Ltd. (September 2022 - June 2023)

M + LBMC57 Pte. Ltd. (Struck Off) (August 2022 - July 2024)

Global Civil Engineering Pte. Ltd. (December 2021 - August 2023)

Excite Landscape Works Pte. Ltd. (September 2021 - November 2023)

FY Construction Pte. Ltd. (September 2021 - May 2022)

Goodcast Tech Pte. Ltd. (Struck Off) (October 2018 - February 2023)

Dwell Land Two Pte. Ltd. (Struck Off) (October 2018 - August 2021)

Dwell Land One Pte. Ltd. (Struck Off) (July 2018 - August 2022)

Dwell Capital Partners Pte. Ltd. (Struck Off) (May 2018 - February 2023)

LBD Boutique Land Pte. Ltd. (Struck Off) (February 2018 - August 2023)

LBD Pte. Ltd. (Struck Off) (November 2017 - September 2021)

TT Land Development Pte. Ltd. (Struck Off) (August 2017 - August 2022)

Zenith Land Development Pte. Ltd. (Struck Off) (June 2017 - March 2023)

LBD Land Holdings Pte. Ltd. (Struck Off) (March 2017 - October 2022)

LBD Development Pte. Ltd. (Struck Off) (January 2017 - August 2023)

LBD Capital (Global) Pte. Ltd. (December 2016 - February 2022)

LBD Engineering Pte. Ltd. (November 2016 - August 2024)

Satrias Land Pte. Ltd. (Struck Off) (September 2016 - June 2024)

LBD Food Industry Pte. Ltd. (Struck Off) (November 2015 - November 2022)

Metrocon Design and Build Pte. Ltd. (Struck Off) (July 2015 - September 2023)

LBD & GP JV Pte. Ltd. (Struck Off) (June 2017 - November 2022)

Thong Huat Brothers (Pte) Limited (August 2024 - August 2026)

Lifepoint Capital Pte. Ltd. (Struck Off) (September 2025 - September 2026)
Present
LBD Capital (Global) Pte. Ltd.

Good Harvest Builder Pte. Ltd.

LBD Capital (Balestier) Pte. Ltd.

LBD Machinery Pte. Ltd.

IGlobe Digital Pte. Ltd.

BKTM Investment Pte. Ltd.

Metrocon Pte. Ltd.