Apr 04, 2016
Back| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Resignation of Chief Financial Officer and Company Secretary |
| Securities | GDS GLOBAL LIMITED (GDSGLOB) |
| Date & Time of Broadcast | Apr 4, 2016 17:30 |
| Submitted By | Sharon Yeoh Company Secretary |
| Description | Resignation of Chief Financial Officer and Company Secretary. This announcement has been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor") for compliance with the Singapore Exchange SecuritiesTrading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently 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 correctness of any of the statements or opinions made or reports contained in this announcement.The contact person for the Sponsor is Ms Tan Cher Ting, Director, Investment Banking, CIMB Bank Berhad, Singapore Branch, at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, Telephone: +65 63375115. |
| Cessation Details | |
| Name of person | Lee Li Huang (Li Lifang) |
| Age | 39 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | May 13, 2016 |
| Detailed reason(s) for cessation | To pursue new career opportunity. The Company's Sponsor after having interviewed Ms Lee Li Huang, is not aware of any material reasons relating to her resignation as the Chief Financial Officer of the Company which would have an adverse impact on 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 | Nov 1, 2012 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of independent directors currently resident in Singapore (taking this 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 | Chief Financial Officer and Company Secretary |
| Role and responsibilities | Responsible for the Group's financial reporting and accounting matters and its compliance with financial reporting and regulatory requirements. |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | No |
| Shareholdings interest in the listed issuer and its subsidaries? | Yes |
| Shareholding Details | 138,000 ordinary shares |
| Other directorships | |
| Past (for the last 5 years) | N.A. |
| Present | N.A. |
