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

Issuer & Securities

Issuer/ Manager
HOTUNG INVESTMENT HLDGS LTD
Securities
HOTUNG INVESTMENT HLDGS LTD - BMG4612P2085 - BLS
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
08-Apr-2026 17:36:35
Status
New
Announcement Sub Title
Cessation as Non-Executive Director
Announcement Reference
SG260408OTHR002V
Submitted By (Co./ Ind. Name)
Hsin-Chieh Chung
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see details below.

Additional Details

Name of person
Kung-Wha Ding
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date.
23/04/2026
Detailed reason(s) for cessation
Mr. Kung-Wha Ding has indicated his intention not to seek re-election and will accordingly retire as a Director of the Company at the conclusion of the Annual General Meeting of the Company to be held on 23 April 2026, pursuant to Bye-laws 94 and 95 of the Bye-laws of the Company and Rule 720(5) of the Listing Manual of the SGX-ST.
During Mr. Ding's nine years of service, his expertise in the financial markets and his outstanding leadership have made significant contributions to the Board. The Board would like to extend its sincere thanks to him.
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
13/04/2017
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of Nominating Committee and Remuneration Committee
Role and responsibilities
Non-Executive
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of independent directors currently resident in Singapore (taking into account this cessation)
2
Do independent directors make up at least one-third of the board (taking into account this cessation)?
Yes
Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months
3
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
None
Other Directorships
Past (for the last 5 years)
None
Present
Steminent Biotherapeutics Inc. / independent director
WT Microelectronics Co., Ltd. / independent director
Energenesis Biomedical Co., Ltd. / independent director
Hotung International Company Ltd. / director
Taipei Jinou Girls High School / director