Change - Announcement of Cessation::Change - Announcement of Cessation

Issuer & Securities

Issuer/ Manager
GS HOLDINGS LIMITED
Securities
GS HOLDINGS LIMITED - SG1CF0000001 - 43A
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
07-Mar-2018 20:25:08
Status
New
Announcement Sub Title
Change - Announcement of Cessation
Announcement Reference
SG180307OTHR0UBV
Submitted By (Co./ Ind. Name)
Pang Pok
Designation
Executive Chairman & Chief Executive Officer
Effective Date and Time of the event
07/03/2018 17:15:00
Description (Please provide a detailed description of the event in the box below)
Cessation of Ms Tung Juh Ing as Finance Manager of the Company.

This announcement has been prepared by GS Holdings Limited (the "Company") and its contents have been reviewed by the Company s sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact persons for the Sponsor are Mr Alvin Soh, Head of Catalist Operations, Senior Vice President, and Mr Lan Kang Ming, Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Tung Juh Ing
Age
50
Is effective date of cessation known?
Yes
If yes, please provide the date
07/03/2018
Detailed Reason (s) for cessation
To pursue other personal interests.

The Company's Sponsor, UOB Kay Hian Private Limited, after having interviewed Ms Tung Juh Ing ("Ms Tung"), is not aware of any other material reasons for the cessation of Ms Tung as the Finance Manager.

In addition, there are no concerns with regard to financial reporting that led to the departure of Ms Tung and there are no disagreements between Ms Tung and the Company's Board of Directors with regard to practices that will have a material impact to the Group's financial reporting.
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
30/04/2016
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
1
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Finance Manager
Role and responsibilities
Oversight of the finance and accounting functions of the Group.
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)
Nil
Present
Nil