Change - Announcement of Cessation::Resignation of Non-Executive Non-Independent Chairman

Issuer & Securities

Issuer/ Manager
GDS GLOBAL LIMITED
Securities
GDS GLOBAL LIMITED - SG2F65991521 - 5VP
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
18-Apr-2024 20:06:13
Status
New
Announcement Sub Title
Resignation of Non-Executive Non-Independent Chairman
Announcement Reference
SG240418OTHR8KBZ
Submitted By (Co./ Ind. Name)
Chiang Wai Ming
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Non-Executive Non-Independent Chairman - Michael Wong Lok Yung

This announcement has been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms Audrey Mok (Tel: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Name Of Person
Michael Wong Lok Yung
Age
72
Is effective date of cessation known?
Yes
If yes, please provide the date
02/05/2024
Detailed Reason (s) for cessation
Due to his age and health condition, Mr Michael Wong Lok Yung ("Mr Michael Wong") will resign as Non-Executive Non-Independent Chairman with effect from 2 May 2024.

Based on its enquiries, the Company's Sponsor, SAC Capital Private Limited, is satisfied that other than as disclosed in this announcement, there are no other material reasons for the resignation of Mr Michael Wong.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
16/11/2023
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
3
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
4
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Non-Independent Chairman
Role and responsibilities
Non-executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
No
Past (for the last 5 years)
1. GLIDEROL DOORS (S) PTE. LTD.
2. GRIMM INDUSTRIES PTE. LTD.
3. HOMEGARDD PTE. LTD.
Present
D'OASIS PTE. LTD.