Metech International Limited: Further Update on Mandatory Director Training

Key Highlights

• Completion of Mandatory Training: Independent Director Mr. Ng Ooi Hooi has successfully completed the prescribed mandatory training (LED 5 and 6) conducted by the Singapore Institute of Directors (SID) as required under Practice Note 4D of the Catalist Rules.
• Pending Completion by Executive Director: Executive Director and CEO, Mr. Pang Wei Hao, has not yet completed the requisite module but has committed to registering for the first available session conducted by SID as soon as practicable.
• Regulatory Oversight: This update has been reviewed by the Company’s sponsor, Novus Corporate Finance Pte. Ltd., but has not been approved by the Singapore Exchange Securities Trading Limited (SGX-ST).

Detailed Update for Investors

Metech International Limited has released an important update concerning the compliance of its Board members with the Singapore Exchange’s mandatory training requirements for first-time directors on listed issuers. This follows a prior announcement made on 20 August 2025 regarding the same matter.

The company confirms that its Independent Director, Mr. Ng Ooi Hooi, has now completed the required LED 5 and 6 modules on 14 October 2025, which are part of the Requisite Training prescribed under Practice Note 4D of the Catalist Rules. These modules are designed to equip first-time directors with the necessary understanding of the regulatory, legal, and governance framework applicable to listed companies in Singapore.

However, shareholders should note that Executive Director and CEO, Mr. Pang Wei Hao, has not yet completed this mandatory training. The company has stated that Mr. Pang will register for the next available session with SID as soon as possible.

Potential Price Sensitivity and Impact on Shareholder Value

• Regulatory Compliance: The timely completion of mandatory director training is essential for maintaining robust corporate governance standards. Any delay in compliance by key executives—especially the CEO—could attract regulatory scrutiny or impact investor confidence.
• Corporate Governance Signal: Investors typically regard full compliance with such requirements as a positive signal of management’s commitment to best practices. Conversely, delays or non-compliance may be viewed negatively by the market, potentially affecting the company’s share price.
• Ongoing Disclosure: The company’s proactive communication about the status of director training helps mitigate potential concerns, but the market may await confirmation of Mr. Pang’s completion of the requisite training before any positive reassessment of governance risks.

Additional Information

This announcement has been reviewed by Novus Corporate Finance Pte. Ltd., the company’s appointed sponsor, but has not been reviewed or approved by the Singapore Exchange Securities Trading Limited (SGX-ST). The Exchange does not take responsibility for the contents or accuracy of the statements made in this announcement.

For further queries, investors may contact the company’s sponsor representative, Mr. Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #04-02 Suntec Tower 1, Singapore 038987, or by telephone at (65) 6950 2188.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are strongly encouraged to conduct their own due diligence and consult their financial advisors before making any investment decisions. The information contained herein is based on company disclosures and may be subject to change.

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