Change - Announcement of Cessation::Announcement of Cessation of Independent Non-Executive Director

Issuer & Securities

Issuer/ Manager
ALSET INTERNATIONAL LIMITED
Securities
ALSET INTERNATIONAL LIMITED - SG1AE2000006 - 40V
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
15-Apr-2026 17:28:06
Status
New
Announcement Sub Title
Announcement of Cessation of Independent Non-Executive Director
Announcement Reference
SG260415OTHRDG9G
Submitted By (Co./ Ind. Name)
Chan Tung Moe
Designation
Executive Director and Co-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, Evolve Capital Advisory Private Limited (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 Mr Edmund Chua at 160 Robinson Road, #20-01/02 SBF Center, Singapore 068914, telephone (65) 6241 6626.

Additional Details

Name of person
Wong Tat Keung
Age
55
Is effective date of cessation known?
Yes
If yes, please provide the date.
30/04/2026
Detailed reason(s) for cessation
Mr Wong Tat Keung ("Mr Wong") is retiring at the forthcoming Annual General Meeting to be held on 30 April 2026 ("AGM") in view of the tenure limit for independent directors.

Mr Wong 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 cessation.

Following his cessation on 30 April 2026, Mr Wong would contemporaneously relinquish his position as Chairman of the Nominating Committee, as well as a member of the Audit and Risk Management Committee and Remuneration Committee.

After having interviewed Mr Wong and to the best of its knowledge, the Company's Sponsor, Evolve Capital Advisory Private Limited, is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Wong.
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
27/01/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director
Role and responsibilities
Independent Non-Executive Director, Chairman of the Nominating Committee as well as member of the Audit & Risk Management 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)
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
1
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
Nil
Other Directorships
Past (for the last 5 years)
1. AF Partners CPA Limited
2. Wangrise CPA Limited
3. Welife Technology Limited (formerly known as Palace Banquet Holdings Limited)
4. Lerthai Group Limited (In Liquidation)
5. Poly (China) Assets Management Limited
6. JIC Trust Limited
Present
1. Alset Inc.
2. HWH International Inc.
3. Value Exchange International Inc.
4. Aston Consultancy Limited
5. AABA CPA Limited
6. Aston Business Advisories Limited
7. Brilliant CPA Limited