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| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jul 15, 2019 17:26 |
| Status | New |
| Announcement Sub Title | Cessation as Independent Non-Executive Chairman - Yen Se-Hua Stewart |
| Announcement Reference | SG190715OTHR10R4 |
| Submitted By (Co./ Ind. Name) | Chua Khee Hak |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Yen Se-Hua Stewart as Independent Non-Executive Chairman. DBS Bank Ltd. is the sole issue manager of the initial public offering and listing of APAC Realty Limited. DBS Bank Ltd. assumes no responsibility for the contents of this Announcement. |
| Additional Details | |
| Name Of Person | Yen Se-Hua Stewart |
| Age | 69 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 15/07/2019 |
| Detailed Reason (s) for cessation | To pursue his personal interests. |
| 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 | 04/09/2017 |
| 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) | 4 |
| 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.) | i) Independent Non-Executive Chairman ii) Chairman of Nominating Committee iii) Member of Audit Committee and Remuneration Committee |
| Role and responsibilities | To carry out the duties as an Independent Non-Executive Chairman, the Chairman of Nominating Committee and a Member of Audit Committee and Remuneration Committee. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | i) Telechoice International Limited ii) Info D Pte Ltd (Struck off) iii) Secom Data Protection Pte. Ltd. (Struck off) |
| Present | i) Huationg Global Limited ii) System-Bilt Pte Ltd iii) Secom (Singapore) Pte Ltd iv) Verint Systems (Singapore) Pte Ltd v) Shenstone Investments Pte Ltd vi) Provision Technology (Asia Pacific) Pte Ltd vii) D'Garde Security Pte. Ltd. |