Change - Announcement of Appointment::Appointment of Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
PAN-UNITED CORPORATION LTD.
Securities
PAN-UNITED CORPORATION LTD - SG1A67000830 - P52
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Sep-2026 19:01:25
Status
New
Announcement Sub Title
Appointment of Non-Executive Independent Director
Announcement Reference
SG260901OTHRBPWZ
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Ng Siew Quan as Non-Executive Independent Director of the Company.

Additional Details

Date of appointment
01/09/2026
Name of person
Ng Siew Quan
Age
60
Country of principal residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Nominating Committee (NC) has reviewed Mr Ng Siew Quan's professional qualification, working experiences, independence, and extensive expertise in corporate governance, board and risk oversight, enterprise risk management, and family business governance and succession planning.

The NC was of the view that Mr Ng would complement the existing balance and mix of skills, experience and knowledge of the Board and contribute effectively to the Board.

The Board has considered the NC's recommendation, and approved the appointment of Mr Ng as a Non-Executive Independent Director of the Company.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director
Professional qualifications
Senior Accredited Director, Singapore Institute of Directors
Chartered Accountant of Singapore
Bachelor of Accountancy, Nanyang Technological University
Working experience and occupation(s) during the past 10 years
Partner at PricewaterhouseCoopers LLP, Singapore (retired on 30 June 2026)
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
Mr Ng Siew Quan was a Partner at PricewaterhouseCoopers LLP (PwC) and served as the Corporate Governance Leader and Asia Pacific Leader of the firm's entrepreneurial and private business arm before retiring in June 2026.

He was the engagement partner overseeing the internal audit engagement of Pan-United Corporation Ltd (the Company, and together with its subsidiaries, the Group) until February 2026.

For the immediate past financial year, the aggregate fees paid in respect of services provided by PwC to the Group are less than S$200,000. The Company does not expect the aggregate fees paid and/or payable to PwC for the current financial year to be in excess of S$200,000.

The Nominating Committee (NC) having assessed the above relationship, has determined that such relationship would not interfere with Mr Ng's exercise of his independent business judgement in the best interests of the Company and considered Mr Ng to be independent. The Board concurred with the NC's view.

Pursuant to Provision 10.3 of the Code of Corporate Governance, Mr Ng will not at this point in time be appointed to the Audit Committee.

Conflict of interest (including any competing business)
No
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)
Partner, PricewaterhouseCoopers LLP, Singapore
Present
First Vice President, Singapore Chinese Chamber of Commerce & Industry
Secretary General, Singapore Federation of Chinese Clan Association
Chairman of the Board of Directors, Kwong Wai Shui Hospital
Chairman of the Board of Directors, Singapore Chinese Cultural Centre
Chairman of the Board of Directors, Singapore Chinese Orchestra
Director, NSQ Advisory Pte Ltd
Director, Shenton Luck Pte Ltd
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?
No
(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?
No
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange.
Mr Ng will be attending relevant training on the roles and responsibilities of a director of a listed company as prescribed by the Exchange.