Change - Announcement of Cessation::CESSATION OF INDEPENDENT DIRECTOR
Issuer & Securities
SecuritiesGS HOLDINGS LIMITED - SG1CF0000001 - 43A
Stapled SecurityNo
Announcement Details
Announcement Title Change - Announcement of Cessation
Date & Time of Broadcast10-Jan-2019 19:27:30
Announcement ReferenceSG190110OTHRAVVG
Submitted By (Co./ Ind. Name)PANG POK
Description (Please provide a detailed description of the event in the box below)Cessation of Mr Chua Kern as Independent Director of the Company.

This announcement 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 correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lan Kang Ming, Vice President, at 8 Anthony Road, #01-01,
Singapore 229957, telephone (65) 6590 6881.
Additional Details
Name Of PersonCHUA KERN
Is effective date of cessation known?Yes
If yes, please provide the date10/01/2019
Detailed Reason (s) for cessationTo set aside more time to focus on professional and personal commitments.

The Company's sponsor, UOB Kay Hian Private Limited, after having interviewed Mr Chua Kern ("Mr Chua"), is not aware of any other material reasons for the cessation of Mr Chua as Independent Director 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 position17/12/2015
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)2
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)Independent Director, Chairman of Nominating Committee and a member of Audit and Risk Committee and Remuneration Committee.
Role and responsibilitiesNon-Executive
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiariesNil
Shareholding interest in the listed issuer and its subsidiaries?No
Past (for the last 5 years)1. Lion Trust (Singapore) Limited
2. Liontrust Corporate Services Pte. Ltd.
3. Sim Leisure Group Pte. Ltd.
Present1. TLV Holdings Limited
2. Chancery Law Corporation
3. Lion Group Holdings Private Limited
4. Chancery Corporate Solutions Private Limited
5. Providence Presbyterian Church Ltd.

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