Management ChangeMay 20, 2026, 07:07 AM
GDS Holdings Announces Director Resignation & New Audit Committee Chair
AI Summary
GDS Holdings announced the resignation of Mr. Lim Ah Doo as an independent director and Chairman of the Audit Committee, effective May 20, 2026, due to personal reasons. Mr. Lim served the company for 11 years, playing a critical role in corporate governance and financial oversight. The Board has appointed Ms. Hua (Kathy) Chen to succeed him, bringing over 30 years of extensive financial and operational experience, including her current role as Managing Partner and CFO at SB China Venture Capital. The company confirmed that Ms. Chen meets all independence criteria and regulatory requirements.
Key Highlights
- Mr. Lim Ah Doo resigned as an independent director and Chairman of the Audit Committee, effective May 20, 2026.
- Ms. Hua (Kathy) Chen was appointed to succeed Mr. Lim as an independent director and Chair of the Audit Committee.
- Mr. Lim served GDS Holdings for 11 years, starting in August 2014.
- Ms. Chen brings over 30 years of financial and operational experience.
- Ms. Chen currently serves as Managing Partner and Chief Financial Officer at SB China Venture Capital.
- Ms. Chen is a U.S. Certified Public Accountant and meets independence criteria.
- The Board's composition remains in full compliance with all applicable regulatory and listing requirements.
Price Impact
More from GDS