October 03, 2025| Press Releases
"We are grateful for Mr. Chan Yong Xian's leadership and the impact he has made during his time as Chief Financial Officer. During his tenure, Rectitude successfully went public on Nasdaq, enhanced its balance sheet and met key financial objectives for shareholders. Mr. Chan has been a valuable member of our executive leadership team, and we wish him the very best in his future endeavors," said Jian Zhang, Chairman, Chief Executive Officer, and Executive Director at Rectitude. "With this leadership transition plan in place, Rectitude remains firmly committed to delivering shareholder value and advancing its strategic objectives."
Mr. Chan Kah Chun, age 32, currently serves as the Finance Manager of Rectitude, a role he has held since 2015. He is an experienced finance executive whose background includes 12 years of financial and accounting experience and a track record of driving results. Prior to joining the Company, Mr. Chan Kah Chun served as an account executive at Kings Materials Pte Ltd and CSJ & Associates Marketing Pte Ltd. He completed the ACCA Diploma in Accounting and Business from Kompas International College in Malaysia and obtained several diplomas from Shen Jai School of Commerce in Malaysia.
The Company reaffirms its outlook for fiscal year 2026, expecting continued revenue growth and disciplined cost management. Rectitude is focused on driving shareholder value through the launch of its All-in-one Intelligent Micro-Grid System (AIMS), ongoing investments in product innovation, and the expansion of its retail branch network. With a strengthened balance sheet and a clear strategy, the Company is well positioned to deliver sustainable growth and long-term returns to shareholders.
About Rectitude
Founded in 1997 in Singapore, Rectitude is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude's products and solutions are marketed to a wide array of distributor networks and end markets, both in Singapore and increasingly throughout the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam.
For more information, please visit the Company's website: https://ir.rectitude.com.sg
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Rectitude
Investor Relations
Email: ir@rectitude.com.sg
Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global