Change - Announcement of Cessation::Resignation of Independent Director - Mr Gurdip Singh S/O Boor Singh

Issuer & Securities

Issuer/ Manager
SINGAPORE INSTITUTE OF ADVANCED MEDICINE HOLDINGS LTD.
Securities
SINGAPORE INST OF ADV MED LTD. - SGXE79544776 - 9G2
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
22-Sep-2026 21:33:43
Status
New
Announcement Sub Title
Resignation of Independent Director - Mr Gurdip Singh S/O Boor Singh
Announcement Reference
SG260922OTHR67RD
Submitted By (Co./ Ind. Name)
Dr Djeng Shih Kien
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director - Mr Gurdip Singh S/O Boor Singh

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance 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 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 Ng Shi Qing, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

Additional Details

Name of person
Gurdip Singh S/O Boor Singh
Age
77
Is effective date of cessation known?
Yes
If yes, please provide the date.
09/10/2026
Detailed reason(s) for cessation
The Board has noted Mr Gurdip Singh S/O Boor Singh ("Mr Singh")'s resignation as an Independent Director of the Company with effect from 9 October 2026 to reallocate Mr Singh's time and resources to his other commitments. Mr Singh is serving a notice period of 25 days, as agreed between the Board and Mr Singh. Following his resignation, Mr Singh will concurrently relinquish his roles as the Chairman of the Audit Committee and a member of the Remuneration Committee of the Company. The Company will endeavor to fill the vacancy within 2 months, but in any case, no later than 3 months after 31 July 2026, being the effective date of cessation of Mr Khoo Tiam Hock Vernon ("Mr Vernon Khoo"). The Company is finalising the appointment of an Independent Director as the replacement of Mr Vernon Khoo (the "Appointment"), which is expected to be completed within the next 2 weeks. In the event that the Appointment is materialised prior to Mr Singh's effective date of cessation, the Company will endeavor to fill the vacancy within 2 months, but in any case, no later than 3 months after the effective date of Mr Singh's cessation, that is, by 9 January 2027.

After having interviewed Mr Singh and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement of cessation, there are no other material reasons for Mr Singh's resignation as an Independent Director 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
26/06/2023
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
1. Independent Director
2. Chairman of the Audit Committee
3. Member of the Remuneration Committee
Role and responsibilities
Non-Executive
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of independent directors currently resident in Singapore (taking into account this cessation)
1
Do independent directors make up at least one-third of the board (taking into account this cessation)?
No
Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months
3
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
Mr Singh holds a direct interest in 420,000 ordinary shares and 120,000 Warrants in the Company. He is also deemed interested in 980,000 ordinary shares and 280,000 Warrants held via his nominee account with Standard Chartered Bank.
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)
Directorship:
1. D' Studi Pte. Ltd. (struck off)
2. Winpal Pte. Ltd
Present
Directorship:
- Amraj International Pte Ltd

Other Principal Commitment:
- Singapore Management University - Adjunct Faculty