Change - Announcement of Cessation::Cessation of Lead Independent Director - Mr Yee Kee Shian, Leon

Issuer & Securities

Issuer/ Manager
F J BENJAMIN HOLDINGS LTD
Securities
F J BENJAMIN HOLDINGS LTD - SG1D58018368 - F10
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Mar-2026 18:06:53
Status
New
Announcement Sub Title
Cessation of Lead Independent Director - Mr Yee Kee Shian, Leon
Announcement Reference
SG260316OTHR87BQ
Submitted By (Co./ Ind. Name)
Wendy Isabel Wong Pei Fern
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Mr Yee Kee Shian, Leon ("Mr Yee") as Lead Independent Director, Chairman of the Nominating and Remuneration Committee as well as a member of the Audit Committee of F J Benjamin Holdings Ltd ("Company").

This announcement has been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor").

This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST 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 Goh Mei Xian, ZICO Capital Pte. Ltd. at 77 Robinson Road, #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

Additional Details

Name of person
Yee Kee Shian Leon
Age
49
Is effective date of cessation known?
Yes
If yes, please provide the date.
30/04/2026
Detailed reason(s) for cessation
Mr Yee is stepping down as a Director of the Company to facilitate the progressive renewal of the Board. Having served for close to seven years on the Board, Mr Yee believes it is an appropriate time to step down to ensure a healthy refresh of Board composition and to align with the Group's long-term succession planning.

Upon Mr Yee's cessation, he will cease to be the Lead Independent Director of the Company, Chairman of the Nominating and Remuneration Committee as well as a member of the Audit Committee.

The cessation of Mr Yee as an Independent Director will render the Audit Committee of the Company to have less than three members. The Company is aware of the requirements under Section 201B of the Companies Act 1967 of Singapore, Rule 704(7) of the Catalist Rules and the Code of Corporate Governance 2018 and will endeavour to fill the vacancy within two months, but in any case no later than three months.

After having interviewed Mr Yee and to the best of its knowledge, the Sponsor is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Mr Liew as the Lead Independent Director of the Company.

The Board and Management would like to express their appreciation to Mr Yee for his invaluable contributions to the Board and 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
02/09/2019
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Nominating and Remuneration Committee as well as a member of the Audit Committee
Role and responsibilities
Assumes the roles and responsibilities of the Lead Independent Director, Chairman of the Nominating and Remuneration Committee as well as a member of the Audit 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)
- Cambridge RE Assets Fund No. 2 Pte. Ltd.
- Cambridge RE Assets Fund No. 3 Pte. Ltd.
- Cambridge RE Assets Fund No. 4 Pte. Ltd.
- Cambridge RE Assets Fund No. 5 Pte. Ltd.
- Cambridge RE Assets Fund No. 7 Pte. Ltd.
- Char Yong (Dabu) Foundation Limited
- Federal International (2000) Ltd
- Laura Ashley Holdings PLC
- Kightsbridge Auto Pte Ltd
- Milkyway International Tank Transportation (Holdings) Pte. Ltd. (formerly known as LHN Logistics Limited)
- Pacific Star Development Limited
Present
- OxPay Financial Limited
- Oxley Holdings Limited
- TEHO International Inc Ltd
- Yangzijiang Financial Holding Ltd
- Yangzijiang Shipbuilding (Holdings) Ltd
- The Lasallian Trust of Singapore Ltd.
- Victory Wellness Pte Ltd
- Christ's College, Cambridge Fund (Singapore) Limited
- St. Joseph's Institution Philanthropic Fund For the Lasallian Mission Ltd
- Caelius Pte Ltd
- Ladderman Limited
- Ladderman (HK) Limited
- Cambridge Alliance Capital Pte Ltd
- Cambridge Alliance Consultancy Pte Ltd (formerly known as Cambridge Alliance Fund No. 1 Pte. Ltd.)
- Selvam LLC
- Duane Morris & Selvam LLP
- Duane Morris & Selvam Pty Ltd