Change - Announcement of Cessation::Retirement of Executive Director and Group Chief Executive Officer

Issuer & Securities

Issuer/ Manager
PAN HONG HOLDINGS GROUP LIMITED
Securities
PAN HONG HOLDINGS GROUP LTD - BMG6900A1163 - P36
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Jul-2025 00:06:43
Status
New
Announcement Sub Title
Retirement of Executive Director and Group Chief Executive Officer
Announcement Reference
SG250711OTHREOX8
Submitted By (Co./ Ind. Name)
Wong Sum
Designation
Executive Chairman
Description (Please provide a detailed description of the event in the box below)
Ms Wang Cuiping ("Ms Wang") has served as an Executive Director of the Company since 14 August 2006 and was appointed as the Group Chief Executive Officer ("Group CEO") on 31 March 2020.

Ms Wang will be retiring as an Executive Director of the Company pursuant to Bye-Law 86(1) of the Company s Bye-Laws at the conclusion of the Annual General Meeting to be held on 28 July 2025 ("AGM"). Concurrently, Ms Wang will also be stepping down as the Group CEO and shall cease as an Executive Officer (as defined in the listing manual of the Singapore Exchange Securities Trading Limited ("SGX-ST")) but remain as a Senior Consultant of the Group.

Additional Details

Name Of Person
Wang Cuiping
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
28/07/2025
Detailed Reason (s) for cessation
Ms Wang expressed that she is not seeking re-election due to health reason and shall retire as an Executive Director of the Company pursuant to Bye-Law 86(1) of the Company's Bye-Laws at the conclusion of the upcoming AGM.

Concurrently, Ms. Wang will be stepping down as the Group CEO and shall cease as an Executive Officer (as defined in the listing manual of the SGX-ST) but remain as a Senior Consultant of the Group.
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
14/08/2006
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Group CEO
Role and responsibilities
Ms Wang is responsible for the business strategy and directions, formulation and execution of overall business strategies and policies, including but not limited to, decision making and day-to-day running of the Group's operations and the overall management of the Group.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest of 689,900 ordinary shares in the Company
Other Directorships
Past (for the last 5 years)
Nil
Present
Nil