Five-Star Business Finance Limited — Others, 24-12-2024: Change in Company Secretary/Compliance Officer

Five-Star Business Finance Limited has announced a board meeting to acknowledge the resignation of Ms. Shalini Baskaran, Head-Compliance and Company Secretary. Ms. Baskaran is departing to pursue a new career opportunity and will conclude her duties by February 26, 2025. She has confirmed there are no other material reasons for her resignation. This leadership change could prompt a shift in compliance oversight and governance practices. Investors may view this as a potential risk related to operational stability, although it could also lead to fresh perspectives within the management team in the long term.