Change - Announcement of Cessation::Announcement of Cessation of Chief Corporate Officer

Issuer & Securities

Issuer/ Manager
SAPPHIRE CORPORATION LIMITED
Securities
SAPPHIRE CORPORATION LIMITED - SG1CG4000005 - BRD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
31-Dec-2025 14:25:37
Status
New
Announcement Sub Title
Announcement of Cessation of Chief Corporate Officer
Announcement Reference
SG251231OTHRJ2MF
Submitted By (Co./ Ind. Name)
Wang Heng
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Chief Corporate Officer

Additional Details

Name of person
Foo Yong How
Age
47
Is effective date of cessation known?
Yes
If yes, please provide the date.
28/03/2026
Detailed reason(s) for cessation
Mr Foo Yong How ("Mr Foo") decided to resign to pursue other career opportunities.

Mr Foo confirms that there are no concerns or disagreements with the Board or management of the Company over matters involving the Company that led to his resignation.

The Board places on record its appreciation for Mr Foo's valuable contributions during his tenure and wishes Mr Foo every success in his future endeavours.
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
28/06/2018
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Corporate Officer
Role and responsibilities
Appointment: Executive

Area of responsibility:

- Assist the CEO in the day-to-day operations of the Company;
- Assist the CEO in the formulation of strategic planning for the Company in mergers and acquisition, new business opportunities, capital structure of the Company;
- Assist the CEO in all Corporate Finance related activities;
- Assist the CEO in the liaising of overseas business opportunities; and
- Responsible for all matters related to Investor Relations and Corporate Communication
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
No
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Other Directorships
Past (for the last 5 years)
Nil
Present
HAFARY HOLDINGS LIMITED
CL GLOBAL HOLDINGS PTE. LTD.
FCH HOLDINGS (SINGAPORE) PTE. LTD.