Welcome to the Frencken Group Limited Investor Relations.
Please find the latest news on what’s trending with Frencken here.
Contents
News
Change - Announcement Of Retirement Of Independent Non-Executive Director
BackApr 24, 2026
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Apr 24, 2026 17:40 |
| Status | New |
| Announcement Sub Title | RETIREMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR |
| Announcement Reference | SG260424OTHRMOUL |
| Submitted By (Co./ Ind. Name) | Dennis Au |
| Designation | Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Independent Non-Executive Director |
| Additional Details | |
| Name of person | Melvin Chan Wai Leong |
| Age | 64 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date. | 24/04/2026 |
| Detailed reason(s) for cessation | Mr Melvin Chan Wai Leong ("Mr Melvin Chan"), the Lead Independent Director will attain nine (9) years of service on 27 April 2026. Mr Melvin Chan has expressed his intention to retire and will not be seeking re-election at the Company's annual general meeting held on 24 April 2026 to facilitate Board renewal. |
| 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 | 27/04/2017 |
| Job title (e.g. Lead ID, AC Chairman, AC Member etc.) | Lead Independent Director, Chairman of the Audit Committee and member of the Nominating Committee. |
| Role and responsibilities | Independent Director |
| 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 | 0 |
| Shareholding interest in the listed issuer and its subsidiaries | Yes |
| Shareholding details | 439,500 ordinary shares (Deemed interest) |
| 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) |
1. iNETest Resources (Thailand) Ltd 2. Excellent Scientific Instruments (M) Sdn. Bhd. |
| Present | 1. Synersys Capital Pte. Ltd. 2. Synersys Pte. Ltd. 3. Yoong Lee Enterprises Pte Ltd 4. Dioptrax Pte. Ltd. |