TIDMGST

RNS Number : 8218M

GSTechnologies Ltd

26 January 2021

26 January 2021

GSTechnologies Limited

("GST" or the "Company")

Appointment of Directors

GSTechnologies Limited (LSE: GST), the integrated information and communication technology infrastructure solutions provider, is pleased to announce the appointment of Mr Bai GuoJin ("Jack Bai") and Mr Tan Guan Han, Shayne ("Shayne Tan") as Executive Directors of the Company with immediate effect.

Jack Bai has over 30 years' experience in software development for the financial and telecommunication industries. He is a successful technology entrepreneur, who has successfully built and exited multiple companies, including in fintech and payment solutions. He is a co-founder of, and leads the development of, the Coalculus blockchain technology, which enables enterprise-ready blockchain-as-a-service to financial institutions and enterprises. He until recently held the role of Non-executive Director at iSentric Ltd (now IOUpay), an ASX-listed company.

Shayne Tan holds a Bachelor of Business Management Degree from Singapore Management University and has more than five years of sales, operations and management experience, primarily involving distributed ledger technology in growth stage companies. He is Chief Marketing Officer for, and a co-founder of, the Coalculus blockchain platform.

Tone Goh, Chairman of GST, commented: " We are delighted that Jack Bai and Shayne Tan have joined the GST board. Both have significant fintech experience, particularly in relation to blockchain. Jack led the strategic investment in the Company announced on 19 January 2021 and we look forward to both him and Shayne bringing their considerable skills to GST as we seek to develop the business. We look forward to making further announcements as we make progress in the implementation of our strategy during the course of 2021."

Other than as set out in this announcement there are no further disclosures required in respect of Jack Bai and Shayne Tan under paragraph 9.6.13 of the Listing Rules.

Enquiries:

 
 The Company 
 Tone Goh, Executive Chairman                Singapore    +65 6444 2988 
 Financial PR & Investor Relations 
  IFC Advisory Limited 
 Tim Metcalfe / Graham Herring / Florence 
  Chandler                                   London       +44 20 3934 6630

About GST

GST provides optimal wireless, electronic cabling, security, and other solutions to clients operating in the infrastructure development space. GST builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 30 years. GST's strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors - data centres, intelligent buildings, smart cities and the Internet of Things - particularly targeting emerging markets where the demand for ICT infrastructure is increasing rapidly.

For more information please see: https://gstechnologies.co.uk/

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January 26, 2021 02:00 ET (07:00 GMT)

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