Goldlion Holdings Limited Announces Demise of Nguyen, Van Tu Peter, Independent Non-Executive Director, the Chairman of the Remuneration Committee, the Deputy Chairman of the Audit Committee and A Member of the Nomination Committee

Goldlion Holdings Ltd is an investment holding company principally engaged in the apparel business. The Company operates its business through three segments. The Apparel in China Mainland and Hong Kong Special Administrative Region (SAR) segment is engaged in the distribution and manufacture of garments, leather goods and accessories and licensing of brand names in China. The Apparel in Singapore segment is engaged in the distribution and manufacture of garments, leather goods and accessories in Singapore and Malaysia. The Property Investment and Development segment is engaged in the investment in and development of properties in China Mainland, Hong Kong SAR and Singapore.