Change - Announcement of Cessation::CHANGE: ANNOUNCEMENT OF CESSATION OF EXECUTIVE DIRECTOR - TAN KONG LEONG

Issuer & Securities

Issuer/ Manager
PNE INDUSTRIES LTD
Securities
PNE INDUSTRIES LTD - SG1BF2000001 - BDA
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Sep-2026 18:07:49
Status
New
Announcement Sub Title
CHANGE: ANNOUNCEMENT OF CESSATION OF EXECUTIVE DIRECTOR - TAN KONG LEONG
Announcement Reference
SG260918OTHRDIA8
Submitted By (Co./ Ind. Name)
TAN MENG SIEW
Designation
COMPANY SECRETARY
Effective Date and Time of the event
18/09/2026 09:00:00
Description (Please provide a detailed description of the event in the box below)
Mr Tan Kong Leong ceased to be an Executive Director due to medical reasons.

Additional Details

Name of person
TAN KONG LEONG
Age
65
Is effective date of cessation known?
Yes
If yes, please provide the date.
18/09/2026
Detailed reason(s) for cessation
Mr Tan Kong Leong's cessation as an Executive Director is due to medical reasons. His roles and responsibilities will be undertaken by the Executive Managing Director of the Company, Mr. Tan Koon Chwee, who will be supported by senior management of the Group.

The Board wishes to place on record its sincere appreciation for the invaluable guidance, leadership and service provided by Mr Tan Kong Leong.
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
04/05/2000
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director
Role and responsibilities
Mr Tan assists the Managing Director in the management of the Group and in the budgeting of the costs of various projects. He is also responsible for the information technology function of the Group and oversees the material purchases.
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
1
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
Mr Tan hold 8,614,875 shares in PNE Industries Ltd.
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr. Tan Kong Leong is the brother of Mr. Tan Koon Chwee, who is the managing director as well as substantial shareholder of the Company; and the substantial shareholders, Messrs. Tan Kong Heng, the late Mr. Tan Kwang Hua (Deceased) and Mr. Tan Kong Sin, who is deemed interested in the shares held jointly with his wife, Mdm Koh Siew Kee, through DBS Nominees Pte Ltd.

Mr Tan Kong Leong is also the uncle of Mr Tan Tee Ching, who is the non-independent & non-executive director as well as substantial shareholder of the Company and Mr Tan Wei Kang Eugene, who is a substantial shareholder of the Company.
Other Directorships
Past (for the last 5 years)
Da Xi Enterprises Ltd.
PNE International Pte Ltd.
PNE Translite Pte Ltd.
Wanxi Holdings Pte Ltd.
Present
PNE Appliance Controls Pte Ltd.
PNE Electronic Technology (Shenzhen) Co., Ltd.
PNE Electric Sdn Bhd.
Brilliance Resources Sdn Bhd.
Duolink Networks Sdn Bhd.
Focal Dynamic Sdn Bhd.
Simi Ocean Sdn Bhd.