Change - Announcement of Cessation::Change - Announcement of Cessation

Issuer & Securities

Issuer/ Manager
BROMAT HOLDINGS LTD
Securities
BROMAT HOLDINGS LTD - SGXE18744354 - 9I7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
06-May-2026 21:30:44
Status
New
Announcement Sub Title
Change - Announcement of Cessation
Announcement Reference
SG260506OTHRSH9E
Submitted By (Co./ Ind. Name)
Ong Beng Hong
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of the Lead Independent Director of the Company.

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. Lee Khai Yinn, (Tel: (65) 6232 3210), at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.

Additional Details

Name of person
Lo Kim Seng
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date.
05/05/2026
Detailed reason(s) for cessation
Mr Lo Kim Seng retired as Lead Independent Director at the conclusion of the Company's Annual General Meeting held on 5 May 2026 pursuant to Regulation 117 of the Constitution of the Company.
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?
Yes
If yes, please elaborate.
Mr Lo Kim Seng wishes to highlight that there are fees owing to the directors and that the auditor of the Company, PFK-CAP LLP, had included a Material Uncertainty Related to Going Concern section on the audited financial statements of the Group for the financial year ended 30 September 2024 ("FY2024"). Please refer to the Company's FY2024 annual report and announcement dated 8 April 2026 for more information.
Any other relevant information to be provided to shareholders of the listed issuer?
Yes
If yes, please elaborate.
The Company will make relevant announcements on the appointment of Directors and composition of the Board and Board Committees of the Company, in due course.
Date of appointment to current position
11/11/2020
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Director, Chairman of the Nominating Committee ("NC"), member of the Audit Committee ("AC") and Remuneration Committee ("RC")
Role and responsibilities
Lead Independent Director, Chairman of the NC, member of the AC and RC
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
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
1
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
Nil
Other Directorships
Past (for the last 5 years)
CFM Holdings Limited

Fragrance Group Limited

ecoWise Holdings Limited

Vidor Services Pte. Ltd. (struck off)

AGE Intertrade Singapore Pte. Ltd. (struck off)
Present
Miyoshi Limited (Non-executive Chairman, Independent Director)

Sevens Atelier Limited (Independent Director)

Bayfront Law LLC
Karin Technology Holdings Limited (Independent Director)