| Announcement Title | Change - Announcement of Cessation |
| Announcement Subtitle | Resignation of Independent Non-Executive Chairman |
| Securities | GAYLIN HOLDINGS LIMITED (GAYLIN) |
| Date & Time of Broadcast | Mar 13, 2018 22:11 |
| Submitted By | Sharon Yeoh Company Secretary |
| Description | Resignation of Independent Non-Executive Chairman |
| Cessation Details | |
| Name of person | Ang Mong Seng |
| Age | 69 |
| Is effective date of cessation known? | Yes |
| Effective date for cessation | Mar 13, 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 | Sep 26, 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 this 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 | Independent Non-Executive Chairman, RC Chairman, AC Member and NC Member |
| Role and responsibilities | Independent Non-Executive |
| Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidaries | Nil |
| Shareholdings interest in the listed issuer and its subsidaries? | No |
| Other directorships | |
| Past (for the last 5 years) | Nil |
| Present | 1. AnnAik Limited 2. Chip Eng Seng Corporation Ltd 3. Hoe Leong Corporation Ltd. 4. Pei Hwa Foundation Limited 5. The Chinese Opera Institute |