Change - Announcement of Cessation::Change - Announcement of Cessation

Issuer & Securities

Issuer/ Manager
NOEL GIFTS INTERNATIONAL LTD.
Securities
NOEL GIFTS INTERNATIONAL LTD - SG0543000335 - 543
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Oct-2026 17:23:38
Status
New
Announcement Sub Title
Change - Announcement of Cessation
Announcement Reference
SG261015OTHROSWH
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Independent Director Mr Foo Der Rong

Additional Details

Name of person
Foo Der Rong
Age
73
Is effective date of cessation known?
Yes
If yes, please provide the date.
30/10/2026
Detailed reason(s) for cessation
In line with Rule 210(5)(d)(iv) of the SGX-ST Listing Manual, Mr Foo Der Rong ("Mr Foo") will retire as an Independent Director of the Company at the forthcoming annual general meeting of the Company ("AGM") and will not seek re-election. Accordingly, Mr Foo will cease to be a Director of the Company at the conclusion of the AGM.
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
01/08/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent, Non-executive Director, Chairman of the Nominating Committee, and Member of the Audit Committee and Remuneration Committee.
Role and responsibilities
Roles and responsibilities of an Independent, Non-executive Director, Chairman of the Nominating Committee, and Member of the Audit Committee and Remuneration Committee.
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)
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
No
Other Directorships
Past (for the last 5 years)
SLB Development Ltd.
Matex International Limited
Aedge Group Limited
Present
Southern Lion Sdn. Bhd.
Tian International Pte. Ltd.