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

Issuer & Securities

Issuer/ Manager
AUTAGCO LTD.
Securities
AUTAGCO LTD - SGXE12305384 - WNH
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
23-Jun-2026 17:18:58
Status
New
Announcement Sub Title
Cessation of Chief Operating Officer
Announcement Reference
SG260623OTHRH0IW
Submitted By (Co./ Ind. Name)
Soh Yeow Hwa
Designation
Executive Director and Interim Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (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 Lee Khai Yinn (Tel: (65) 6232 3210), at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Additional Details

Name of person
Ho Poh Khum
Age
56
Is effective date of cessation known?
Yes
If yes, please provide the date.
29/06/2026
Detailed reason(s) for cessation
There has been a change in the controlling shareholders of the Company, resulting in a corresponding change in the composition of the Management. In connection with this, Ms. Ho Poh Khum ("Ms. Ho") has tendered her resignation as Chief Operating Officer of the Company.

The Company would like to express its gratitude and appreciation towards Ms. Ho for her valuable contributions to the Company during her tenure.

The Sponsor, after having interviewed Ms. Ho, is satisfied that, save as disclosed in the announcement, there are no material reasons for the resignation of Ms. Ho as Chief Operating Officer 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?
Yes
If yes, please elaborate.
The auditor of the Company, Grant Thornton Audit LLP, has included a Material Uncertainty Related to Going concern section on the audited financial statements of the Group for the financial year ended 31 July 2025 ("FY2025"). Please refer to the Company's FY2025 annual report and announcement dated 13 January 2026 for further information.
Date of appointment to current position
20/08/2024
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer
Role and responsibilities
Ms. Ho is responsible for designing and implementing business strategies, plans and procedures of the Company and overseeing the day-to-day operations.
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
4
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
By virtue of her 27% shareholding in Aurico Global Holdings Pte. Ltd. ("Aurico"), Ms. Ho is deemed interested in the 364,000,000 ordinary shares of the Company held by Aurico, representing approximately 15.80% of the entire issued share capital of the Company.
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)
Bridge Alliance Asia Pte Ltd (Struck Off)
Chinese Junction Enrichment Centre Private Ltd. (Struck Off)
Success Hub Pte. Ltd. (Struck Off)
Yara Alliance Pte. Ltd. (Struck Off)
Anchor of Life Venture Pte. Ltd.
My Preschool Hub Pte. Ltd.
Ten Ants Living Space Pte. Ltd.
Cosy Cove Living Pte. Ltd.
Present
Within the Group:
Communa Gold Pte. Ltd.

Outside the Group:
36SLR Pte. Ltd.
Anchor of Life Training Consultants Pte. Ltd.
Aurelium Management Pte. Ltd.
Aurelium Tech Pte. Ltd.
Aurico Global Holdings Pte. Ltd.
Auriprop Pte. Ltd.
Auriwealth Pte. Ltd.
Communa Global Pte. Ltd.
Eighteen T Holdings Pte. Ltd.
JC Global Developments Pte. Ltd.
XSS Laundromat Private Limited