Change - Announcement of Cessation::Retirement of Executive Director and Chief Financial Officer

Issuer & Securities

Issuer/ Manager
BUND CENTER INVESTMENT LTD
Securities
BUND CENTER INVESTMENT LTD - BMG1792W1367 - BTE
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
02-Apr-2026 06:39:55
Status
New
Announcement Sub Title
Retirement of Executive Director and Chief Financial Officer
Announcement Reference
SG260402OTHRAX3F
Submitted By (Co./ Ind. Name)
Phoebe Luo Jiaru
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Retirement of Executive Director and Chief Financial Officer

Additional Details

Name of person
Chew Yow Foo
Age
66
Is effective date of cessation known?
Yes
If yes, please provide the date.
24/04/2026
Detailed reason(s) for cessation
Mr Chew is not seeking re-appointment as a Director at the forthcoming Annual General Meeting of the Company to be convened on 24 April 2026, and will accordingly retire as a Director at the conclusion of the said Annual General Meeting. He will simultaneously cease to be the Chief Financial Officer 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?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of appointment to current position
09/09/2009
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and Chief Financial Officer
Role and responsibilities
Responsibilities as Executive Director and Chief Financial Officer
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)
3
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
0
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)
Nil
Present
Casleton International Limited
Handful Resources Limited
Koon Chung Limited
Ningbo Zhonghua Land Co., Ltd
Shanghai Golden Bund Real Estate Co., Ltd