Change - Announcement of Cessation::Resignation of Independent Director

Issuer & Securities

Issuer/ Manager
CHINA YUANBANG PROP HLDGS LTD
Securities
CHINA YUANBANG PROP HLDGS LTD - BMG2159Z2094 - BCD
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
24-Jul-2025 18:30:26
Status
New
Announcement Sub Title
Resignation of Independent Director
Announcement Reference
SG250724OTHR69VP
Submitted By (Co./ Ind. Name)
Lam Man Chi
Designation
Chief Financial Officer and Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Independent Director.

Additional Details

Name Of Person
Chong Eng Wee
Age
45
Is effective date of cessation known?
Yes
If yes, please provide the date
31/07/2025
Detailed Reason (s) for cessation
To focus and devote more time to other principal work commitments.

The Company will look for a suitable independent director candidate so as to be compliant with the relevant listing rules 221 and 704(8) of the SGX-ST Listing Manual.
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
11/09/2023
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
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Director, Chairman of the Nominating Committee, a member of the Audit Committee and the Remuneration Committee
Role and responsibilities
Non-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Other Directorships
Past (for the last 5 years)
1. Non-Executive and Lead Independent Director, GS Holdings Limited
2. Non-Executive and Independent Director, KTL Global Limited
3. Legal Solutions LLC
4. Kennedys Legal Solutions Pte Ltd
5. Wish Hospitality Holdings Private Limited
6. Wish Health Management (Shanghai) Co. Ltd
7. Kingsblade Asia Pte Ltd
Present
1. Managing Director, Chevalier Law LLC (August 2021 - present)
2. Non-Executive and Independent Director, AJJ Medtech Holdings Limited (June 2020 - present)
3. Non-Executive and Independent Chairman, Heatec Jietong Holdings Limited (April 2018 - present)
4. Lead Independent Director, Willas-Array Electronics (Holdings) Limited (August 2023 - present)
5. Non-Executive and Independent Chairman, Polaris Limited (March 2024 - present)
6. Non-Executive and Lead Independent Director, Accrelist Limited (July 2024 - present)
7. Non-Executive and Independent Director, Eindec Corporation Limited (July 2025 - present)
8. Chevalier CS Pte Ltd (April 2022 - present)
9. Coronet Ventures (Singapore) Pte Ltd (May 2023 - present)
10. Lucky Sesa Pte Ltd (February 2024 - present)