GDS Holdings Limited Announces Results of Annual General Meeting of Shareholders

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

 

SHANGHAI, China, Oct. 09, 2018 — GDS Holdings Limited (“GDS Holdings” “GDS” or the “Company”) (NASDAQ: GDS), a leading developer and operator of high-performance data centers in China, today announced that it held its 2018 Annual General Meeting of Shareholders (“2018 AGM”) on October 9, 2018.  Each of the ordinary resolutions submitted to shareholder approval at the 2018 AGM has been approved.

Specifically, the shareholders of the Company passed ordinary resolutions approving:

1.  Re-election of Mr. Gary Wojtaszek as a director of the Company. 2.  Re-election of Mr. Lim Ah Doo as a director of the Company. 3.  Re-election of Mr. Chang Sun as a director of the Company. 4.  Election of Ms. Judy Qing Ye as a director of the Company. 5.  Confirmation of the appointment of KPMG Huazhen LLP as independent auditor of the Company for the fiscal year ending December 31, 2018. 6. Authorization of the Board of Directors of the Company to approve allotment or issuance, in the 12-month period from the date of the 2018 AGM, of ordinary shares or other equity or equity-linked securities of the Company up to an aggregate twenty per cent. (20%) of its existing issued share capital of the Company at the date of the 2018 AGM, whether in a single transaction or a series of transactions (OTHER THAN any allotment or issues of shares on the exercise of any options that have been granted by the Company). 7.  Authorization of each of the directors and officers of the Company to take any and every action that might be necessary to effect the foregoing resolutions as such director or officer, in his or her absolute discretion, thinks fit.

Immediately pursuant to the ordinary resolutions passed by the shareholders of the Company at the 2018 AGM, the board of directors of the Company (the “Board”) appointed Ms. Judy Qing Ye, a director of the Board, to fill the executive committee position vacated by Dr. Peter Ping Hua, who retired from the Board.

Ms. Judy Qing Ye is the founding partner for Yimei Capital, a global alternative investment firm and has over 20 years of experience in investment. Prior to founding Yimei, Ms. Ye was the Head of Asia at EMA, a global private equity firm. Prior to EMA, Ms. Ye served as director of strategic investments at Hewlett-Packard Company. In her earlier career, Ms. Ye worked as M&A project manager at PepsiCo, New York. Ms. Ye is also the co-founder and managing partner of NE Social Impact Fund (NESIF), a dedicated social impact investing fund in China. Ms. Ye is also the council member of United Way Worldwide, a global non-profit charitable organization. Ms. Ye received her bachelor of arts degree from Peking University and earned her MA from Tufts University, MBA from the Wharton School at University of Pennsylvania.

“We want to express our gratitude to Peter for his years of service to the Board as a director and as an executive committee member.  Peter joined the Board in 2007. Over the last 11 years, he has freely drawn on his investment and operations experience with high growth companies to make meaningful contributions to our long-term growth and guide our trajectory. We wish him well in his future endeavors,” said Mr. William Huang, Chairman and Chief Executive Officer. “We would also like to warmly welcome Judy to the Board and executive committee and look forward to her contributions.”

About GDS Holdings Limited

GDS Holdings Limited (Nasdaq: GDS) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in China’s primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancy across all critical systems. GDS is carrier and cloud neutral, which enables customers to connect directly to all major PRC telecommunications carriers and to the largest PRC and global cloud service providers hosted by GDS in many of its facilities. The Company has a 17-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s base of customers consists predominantly of hyper-scale cloud service providers, large internet companies, financial institutions, telecommunications and IT service providers, and large domestic private sector and multinational corporations.

For investor and media inquiries, please contact:

GDS Holdings Limited Laura Chen Phone: +86 (21) 2033-0295 Email: [email protected]

The Piacente Group, Inc. Brandi Piacente Phone: +1 (212) 481-2050 Email: [email protected]

Ross Warner Phone: +86 (10) 5730-6201 Email: [email protected]

GDS Holdings Limited