Yoma Strategic : Cessation of Mr. Basil Chan as Non-Executive Independent Director

Issuer/ Manager

YOMA STRATEGIC HOLDINGS LTD.

Securities

YOMA STRATEGIC HOLDINGS LTD - SG1T74931364 - Z59

Stapled Security

No

Announcement T itle

Change - Announcement of Cessation

Date & T ime of Broadcast

20-Nov-2017 18:54:55

Status

New

Announcement Sub T itle

Cessation of Mr. Basil Chan as Non-Executive Independent Director

Announcement Ref erence

SG171120OTHRK663

Submitted By (Co./ Ind. Name)

Melvyn Pun

Designation

Chief Executive Officer

Description (Please provide a detailed description of the event in the box below)

Resignation of Mr. Basil Chan as Non-Executive Independent Director ("NEID"), Chairman of the Audit and Risk Management Committee, member of the Nominating and Governance Committee and Remuneration Committee.

Name Of Person

Basil Chan

Age

66

Is ef f ective date of cessation known?

Yes

If yes, please provide the date

22/12/2017

Detailed Reason (s) f or cessation

Mr. Basil Chan resigns on his own accord.

Are there any unresolved dif f erences 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 f inancial 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 inf ormation to be provided to shareholders of the listed issuer?

No

Date of Appointment to current position

17/08/2006

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

Number of cessations of appointments specif ied in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months

0

Job T itle (e.g. Lead ID, AC Chairman, AC Member etc.)

NEID, Chairman of the Audit and Risk Management Committee, member of the Nominating and Governance Committee and Remuneration Committee.

Role and responsibilities

NEID, Chairman of the Audit and Risk Management Committee, member of the Nominating and Governance 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?

Yes

Shareholding Details

645,181 shares

Past (f or the last 5 years)

Singapore Institute of Directors Teledata (Singapore) Ltd.

Singapore eDevelopment Limited SBI Offshore Limited

MBE Capital Pte Ltd

Present

Grand Banks Yachts Limited Global Invacom Group Limited AEM Holdings Limited

MBE Corporate Advisory Pte Ltd