Change - Announcement of Appointment::RE-DESIGNATION OF MR. EDDY LIM SEOK BOON AS LEAD INDEPENDENT DIRECTOR

Issuer & Securities

Issuer/ Manager
HGH HOLDINGS LTD.
Securities
HGH HOLDINGS LTD. - SG1S12926576 - 5GZ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
12-May-2026 21:36:57
Status
New
Announcement Sub Title
RE-DESIGNATION OF MR. EDDY LIM SEOK BOON AS LEAD INDEPENDENT DIRECTOR
Announcement Reference
SG260512OTHRLHVE
Submitted By (Co./ Ind. Name)
TAN POH GUAN
Designation
EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER
Description (Please provide a detailed description of the event in the box below)
RE-DESIGNATION OF MR. EDDY LIM SEOK BOON AS LEAD INDEPENDENT DIRECTOR

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (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. Audrey Mok (Tel (65) 6232 3210), at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Additional Details

Date of appointment
12/05/2026
Name of person
EDDY LIM SEOK BOON
Age
54
Country of principal residence
Singapore
Date of last re-appointment (if applicable)
28/04/2025
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
Mr. Eddy Lim Seok Boon ("Mr. Eddy Lim") is currently an Independent Director, Chairman of Audit Committee and a member of Nominating Committee and Remuneration Committee. The re-designation of Mr. Eddy Lim as the Company's Lead Independent Director was proposed by the Nominating Committee.

The Board having considered the recommendation of the Nominating Committee and based on Mr. Eddy Lim's qualifications, experience and his valuable contributions to the Board, concurred with the recommendation of the Nominating Committee and approved the re-designation of Mr. Eddy Lim as the Company's Lead Independent Director.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
(a) Lead Independent Director
(b) Chairman of Audit Committee
(c) Member of Nominating Committee
(d) Member of Remuneration Committee
Professional qualifications
a) Diploma in Marketing (London Chamber of Commerce and Industry)
b) Diploma in Principles of Management (London Chamber of Commerce and Industry)
c) Diploma in Sales Management (Managing and Marketing Sales Association Examination Board)
d) Member, Singapore Institute of Directors
Working experience and occupation(s) during the past 10 years
(a) Chief Investment and Strategy Officer of Lightwalker International Pte. Ltd. (from April 2026)
(b) Director of H&W Sisters Pte. Ltd. (from 12 September 2024)
(c) Partner of W2 Advisors LLP (from August 2021)
(d) Senior Board Advisor of Risk Taker Pte Ltd (March 2023 to 31 October 2025)
(e) Director of EMRHILL VCC (May 2024 to 24 December 2024)
(f) Senior Advisor of L-Energy Pte Ltd (December 2021 to June 2022)
(g) Advisor of DIOS Asset Management (June 2018 to May 2020)
(h) Senior Director of Haven Capital Pte Ltd (June 2018 to November 2018)
(i) Director of CJEF Capital Partners Pte Ltd (July 2018 to January 2019)
(j) Executive Director and Chief Executive Officer of Zhongtai International Holding (Singapore) Pte Ltd, Zhongtai International Securities (Singapore) Pte Ltd, Zhongtai International Asset Management (Singapore) Pte Ltd and Zhongtai International Investment Management (Singapore) Pte Ltd (August 2016 to May 2018)
(k) Senior Vice President (Contract), Head of Singapore Office of Korea Exchange (KRC) (September 2015 to July 2016)
Shareholding interest in the listed issuer and its subsidiaries
No
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interest (including any competing business)
None
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
(a) Senior Board Advisor of Risk Taker Pte Ltd (from March 2023 to 31 October 2025)
(b) EMRHILL VCC (May 2024 to 24 December 2024)
(c) Corporate Asia Solutions Pte Ltd (struck off on 4 September 2023)
(d) REENOVA Investment Holding Limited (in liquidation from 28 August 2023)
(e) Senior Advisor of L-Energy Pte Ltd (from December 2021 to June 2022)
Present
(a) Chief Investment and Strategy Officer of Lightwalker International Pte. Ltd. (from April 2026)
(b) H&W Sisters Pte. Ltd. (from 12 September 2024)
(c) Partner of W2 Advisors LLP (from August 2021)
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
Yes
If yes, please provide full details.
Reenova Investment Holding Limited of which Mr. Eddy Lim was Independent Director of, was placed underinterim judicial management on 15 July 2022 and subsequently, the company was placed under liquidationby winding up order on 28 August 2023 as well as the company was delisted from SGX on 11 January 2024.
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of:-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere,
in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
Yes
If yes, please provide full details.
SIMEX Trading Floor (1994) Reprimanded for Open Outcry process as announcement of last traded price in the pit was not loud enough.
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If yes, please provide details of prior experience.
(a) Independent Non-Executive Director of the Company
(b) Independent Non-Executive Director of Reenova Investment Holding Limited