Change - Announcement of Cessation::Retirement of Lead Independent Director

Issuer & Securities

Issuer/ Manager
A-SMART HOLDINGS LTD.
Securities
A-SMART HOLDINGS LTD. - SG1CF3000008 - BQC
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
11-Nov-2026 18:55:00
Status
New
Announcement Sub Title
Retirement of Lead Independent Director
Announcement Reference
SG261111OTHRN0DJ
Submitted By (Co./ Ind. Name)
Lim Huan Chiang
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Loo Kenneth ("Mr Loo") as the Lead Independent Director.

Additional Details

Name of person
Loo Kenneth
Age
62
Is effective date of cessation known?
Yes
If yes, please provide the date.
27/11/2026
Detailed reason(s) for cessation
Mr. Loo has served on the Board for an aggregate period of 9 years on 2 August 2026 since his first appointment. He has decided to retire at the conclusion of the AGM and will not be seeking for re-election, to support progressive renewal of the Board. Mr. Loo will, upon his retirement as a Director of the Company, cease to be the Lead Independent Director, the Chairman of the Remuneration Committee, and a member of the Audit Committee and the Nominating Committee.

The Company would like to express its gratitude and appreciation for Mr. Loo's valuable contributions to the Board during his tenure as the 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
02/08/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Remuneration Committee, Member of the Audit Committee and Nominating 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
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)
Nil
Present
A-Smart Property Holdings Pte Ltd
Straits Construction Group Pte Ltd
Straits Construction Singapore Pte. Ltd.
Greyform Pte Ltd
Bathsystem Singapore Pte Ltd
Structure Focus Pte Ltd
SC Ferrotech Pte Ltd
Investment Focus Pte Ltd
Sustainable Focus Pte Ltd
Climbsafe Pte Ltd
SCAL Dormitory Pte Ltd