REPL::Change - Announcement of Cessation::Resignation of Executive Director

Issuer & Securities

Issuer/ Manager
GAYLIN HOLDINGS LIMITED
Securities
GAYLIN HOLDINGS LIMITED - SG2F28986253 - RF7
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
13-Mar-2018 22:28:35
Status
Replacement
Announcement Sub Title
Resignation of Executive Director
Announcement Reference
SG180313OTHRVM1R
Submitted By (Co./ Ind. Name)
Sharon Yeoh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Resignation of Executive Director

Additional Details

Name Of Person
Desmond Teo Bee Chiong
Age
59
Is effective date of cessation known?
Yes
If yes, please provide the date
13/03/2018
Detailed Reason (s) for cessation
Resignation of Director due to the change in control of the Company.
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
25/02/2012
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
1
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
7
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Executive Director and NC Member
Role and responsibilities
Responsible for overall management, formulating the Group's strategic directions and expansion plans, developing and maintaining relationships with the customers and suppliers and overseeing our Group's general operations.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Brother of Mr Teo Bee Hoe, Substantial Shareholder (deemed)
Brother of Mr Teo Bee Yen, Substantial Shareholder (deemed)
Brother of Mr Steven Teo, Substantial Shareholder (deemed)
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
Deemed Interest - 257,572,000 ordinary shares
Past (for the last 5 years)
Nil
Present
1. Allseas Marine Services Pte. Ltd.
2. Bridge Testing Centre (Pte) Ltd.
3. Gaylin Asia Pte. Ltd.
4. Gaylin International Pte Ltd
5. Gaylin Korea Pte. Ltd.
6. Gaylin Marine Supply Pte. Ltd.
7. Gaylin Power Pte. Ltd.
8. GI Offshore Engineering Pte. Ltd.
9. Lv Yang (Tianjin) Offshore Equipment Pte. Ltd.
10. Keh Swee Investment Pte. Ltd.
11. Phoenix Offshore Co., Ltd.
12. Rig Marine Holdings FZE
13. Rigmarine Europe Limited
14. Rig Marine FZE
15. Lv Yang (Tianjin) Offshore Equipment Co,. Ltd.
16. Gaylin Korea Co., Ltd.
17. PT. Gaylin

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