Change - Announcement of Cessation::Cessation of an Executive Officer - Mr Jason Lam

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
16-Mar-2022 17:51:55
Status
New
Announcement Sub Title
Cessation of an Executive Officer - Mr Jason Lam
Announcement Reference
SG220316OTHRCGB2
Submitted By (Co./ Ind. Name)
Pang Pok
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Cessation of General Manager

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 relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes 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 person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881.

Additional Details

Name Of Person
Lam Chee Seng (Jason)
Age
51
Is effective date of cessation known?
Yes
If yes, please provide the date
30/04/2022
Detailed Reason (s) for cessation
Mr Jason Lam ("Mr Lam") has resigned as General Manager of the Company and will cease to be an Executive Officer of the Company with effect on and from 30 April 2022.

Mr Lam has resigned to take a break and pursue other interests.

Based on its enquiries, the Sponsor is satisfied that, save as disclosed in the announcement, there are no material reasons for the resignation of Mr Lam as an Executive Officer 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
14/02/2020
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
0
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
General Manager
Role and responsibilities
Mr Lam was responsible for managing and overseeing the food and beverage business operations of the Group. Ms Pang Yiling, Director of Operations, will be overseeing the aforesaid role after his cessation.
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)
Uncle Testu Singapore Pte. Ltd.
Present
March 2017 - Present
Winds Holdings Pte. Ltd. (Dormant company)