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

Issuer & Securities

Issuer/ Manager
YOMA STRATEGIC HOLDINGS LTD.
Securities
YOMA STRATEGIC HOLDINGS LTD - SG1T74931364 - Z59
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
16-Jul-2025 06:26:26
Status
New
Announcement Sub Title
Retirement of Non-Executive Independent Director
Announcement Reference
SG250716OTHRIIS4
Submitted By (Co./ Ind. Name)
Melvyn Pun
Designation
Chairman and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Retirement of Dato Timothy Ong Teck Mong as Non-Executive Independent Director of the Company

Additional Details

Name Of Person
Dato Timothy Ong Teck Mong
Age
71
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2025
Detailed Reason (s) for cessation
Dato Timothy Ong Teck Mong ("Dato Timothy Ong"), a Non-Executive Independent Director of Yoma Strategic Holdings Ltd. (the "Company"), has reached the maximum nine-year term of service as an Independent Director on the Board, as stipulated in Rule 210(5)(d)(iv) of the Listing Manual of the Singapore Exchange Securities Trading Limited, and will be retiring pursuant to Regulation 105 of the Constitution of the Company at the Company's upcoming Annual General Meeting to be held on 31 July 2025 ("2025 AGM"). Dato Timothy Ong has decided not to stand for re-election at the 2025 AGM to facilitate board renewal.

Following the cessation of Dato Timothy Ong as a Non-Executive Independent Director of the Company on 31 July 2025, Dato Timothy Ong will also cease to be the Chairman of the Nominating and Governance Committee and a member of the Audit and Risk Management Committee.

The Board would like to record its appreciation to Dato Timothy Ong for his invaluable contributions to the Company during his tenure and wish him well for his future.
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
20/05/2016
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)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
2
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Chairman of the Nominating and Governance Committee and a member of the Audit and Risk Management Committee
Role and responsibilities
As described above.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Direct interest: 1,637,000 ordinary shares of the Company
Other Directorships
Past (for the last 5 years)
Tee Land Limited
Present
1. Asia Inc Capital Sdn Bhd
2. Asia Inc Forum Sdn Bhd
3. Baiduri Bank Bhd
4. Baiduri Finance Bhd
5. BruCapital Holdings Sdn Bhd
6. Cemerjaya Sdn Bhd
7. Clarity Sdn Bhd
8. Everon Sdn Bhd
9. Hotel Associates Sdn Bhd
10. Jebsen & Jessen (Brunei) Sdn Bhd
11. National Insurance Co. Bhd
12. OKK Legacy Sdn Bhd
13. Pansar Company Sdn Bhd
14. PHINMA Corporation
15. PHINMA Inc
16. PHINMA Education Holdings Inc
17. Praxis Energy Sdn Bhd
18. PT IndoPhil Manajemen
19. Quest Sdn Bhd
20. Sumber Mulia Holdings Sdn Bhd
21. The Boardroom Sdn Bhd