Heliconia Capital Management (“Heliconia”) refers to the announcement by CSE Global (the “Company”) issued on 16 June 2026 via SGXNet.
It is normal for board composition to be reviewed periodically by companies as part of standard corporate governance practices, to ensure they have the appropriate mix of skills and experience for their ongoing requirements.
Following the announcement by the Company on 5 March 2026 that it would undertake a strategic review to assess options to maximise shareholder value, Mr. Eugene Lai, in his capacity as Chairman of the Company, engaged Mr. Tan Chian Khong on board renewal, including the skills and time commitment required to support the Company going forward.
Heliconia remains fully supportive of the Company and its Board as it executes its strategy and delivers long-term value in the interests of shareholders.