Sunrise Shares Holdings Ltd. Announces Completion of Training Requirement for Independent Non-Executive Director

Key Highlights

• Datuk Ng Bee Ken, Independent Non-Executive Director, has completed all mandatory training modules required under the Catalist Rules Practice Note 4D.
• Training was conducted by the Singapore Institute of Directors in March 2026. The final module completed was “LED 6 – Board Risk Committee Essentials” on 20 March 2026.
• Company compliance milestone achieved: Sunrise Shares Holdings Ltd. confirms full compliance with the Catalist Rules’ director training requirements for first-time directors.

Details of the Announcement

Sunrise Shares Holdings Ltd. has issued an official update regarding the training requirement for its directors, focusing on Datuk Ng Bee Ken, who serves as the Independent Non-Executive Director. The company previously announced that Datuk Ng and Executive Director Mr. Nicholas Eng Teng Cheng were required to complete certain training modules as per the Catalist Rules for first-time directors.

The latest update confirms that Datuk Ng has successfully attended and completed all remaining required training modules. These sessions, hosted by the Singapore Institute of Directors, were conducted virtually during March 2026. The final module completed was “LED 6 – Board Risk Committee Essentials,” which was held on 20 March 2026.

With this completion, Datuk Ng is now fully compliant with the director training requirements prescribed under Practice Note 4D of the Catalist Rules.

Important Information for Shareholders

• Regulatory Compliance: The company’s confirmation of Datuk Ng’s completion of the Requisite Training signals a strong commitment to corporate governance and regulatory compliance.
• Board Readiness: Datuk Ng is now better equipped with essential knowledge and skills, particularly in risk management, which could enhance the effectiveness of the Board’s oversight.
• Potential Impact: While this announcement primarily relates to regulatory compliance, it is a positive signal to investors and stakeholders about the company’s adherence to best practices in corporate governance. However, this development is unlikely to have a material or immediate impact on the share price unless it is interpreted as part of a broader improvement in governance and board capability.

Additional Notes

• Announcement Review: The company’s announcement has been reviewed by its sponsor, Novus Corporate Finance Pte. Ltd., but has not been examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST).
• Contact for Queries: Shareholders and stakeholders seeking further clarification can contact Ms. Lau Sze Mei, Associate Director at Novus Corporate Finance Pte. Ltd., at 7 Temasek Boulevard, #04-02 Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.

Conclusion

The completion of the training requirement underscores Sunrise Shares Holdings Ltd.’s commitment to strengthening its board of directors with qualified and compliant leadership. While this update is a positive governance milestone, it is not expected to have a direct or immediate impact on the company’s share price.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence or consult their financial advisor before making any investment decisions. The information provided is based on publicly released announcements and may not reflect the most current updates or developments.

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