Change - Announcement of Appointment::Appointment of Chairman

Issuer & Securities

Issuer/ Manager
LENDLEASE GLOBAL COMMERCIAL TRUST MANAGEMENT PTE. LTD.
Securities
LENDLEASE GLOBAL COMMERCIAL REIT - SGXC61949712 - JYEU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Jun-2021 07:40:44
Status
New
Announcement Sub Title
Appointment of Chairman
Announcement Reference
SG210601OTHRDTEM
Submitted By (Co./ Ind. Name)
Kevin Cho
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Chairman

Additional Details

Date Of Appointment
01/06/2021
Name Of Person
Ng Hsueh Ling
Age
55
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Board, taking into consideration the credentials, experience, and qualifications of Ms Ng Hsueh Ling, and at the recommendation of the Nomination and Remuneration Committee, approved Ms Ng's appointment as Chairman of the Board in place of Mr Anthony Peter Lombardo.
Whether appointment is executive, and if so, the area of responsibility
Non-Executive.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Independent Non-Executive Director and member of the Nomination and Remuneration Committee.
Professional qualifications
Bachelor of Science (Estate Management) from the National University of Singapore

Fellow of the Singapore Institute of Surveyors and Valuers

Licensed appraiser for Lands and Buildings with the Inland Revenue Authority of Singapore
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
Ms Ng is the Managing Director, Singapore and Chief Investment Officer, Asia of Lendlease Investment Management Pte. Ltd., and also a director of Lendlease Retail Pte. Ltd. and Lendlease Singapore Pte. Ltd., both of which are related corporations of Lendlease Corporation Limited, the sponsor of Lendlease Global Commercial REIT.
Conflict of interests (including any competing business)
As above.
Working experience and occupation(s) during the past 10 years
2000 to 2001
Vice President of Investment & Investment Sales with CapitaLand Commercial Ltd.

2002 to 2005
Vice President of Real Estate Capital Management with CapitaLand Financial Ltd.

2005 to 2009
Chief Executive Officer, Korea & Japan and Senior Vice President of Fund Business Development and Real Estate Fund Management of Ascendas Pte. Ltd

2009 to 2017
Chief Executive Officer of Keppel REIT Management Limited, the manager of Keppel REIT

2017 to Present
Managing Director, Singapore and Chief Investment Officer, Asia of Lendlease Investment Management Pte. Ltd.
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
1,945,000 Units
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
- Bergen Residential Development Pte. Ltd.
- Bergen Residential Holdings Pte. Ltd.
- Bergen Residential Investment Pte. Ltd.
- BFC Development Limited Liability Partnership
- Central Boulevard Development Pte. Ltd.
- Keppel REIT (Australia) Pte. Ltd.
- Keppel REIT (Bermuda) Ltd
- Keppel REIT Fin. Company Pte. Ltd.
- Keppel REIT Management Limited
- Keppel REIT MTN Pte. Ltd.
- Lendlease Windmill Commercial Pte. Ltd.
- Lendlease Windmill Residential Pte. Ltd.
- Mirvac (Old Treasury) Pty Limited
- Mirvac 8 Chifley Pty Limited
- Ocean Properties LLP (Representative of Management Committee and Manager)
- One Raffles Quay Pte. Ltd.
- Schagen Commercial Development Pte. Ltd.
- Schagen Commercial Holdings Pte. Ltd.
- Schagen Commercial Investment Pte. Ltd.
- Singapore Dance Theatre Limited
- Lendlease Global Commercial (AU) Pte. Ltd.
- Lendlease Global Commercial (SG) Pte. Ltd.
- Lendlease Asian Retail Investment Fund 4 Limited
- Lendlease Asian Retail Investment Fund 5 Limited
Present
- Lendlease Asian Retail Investment Fund 1 Limited
- Lendlease Asian Retail Investment Fund 2 Limited
- Lendlease Asian Retail Investment Fund 3 Limited
- Lendlease Global Commercial (IT) Pte. Ltd.
- Lendlease Global Commercial Trust Management Pte. Ltd.
- Lendlease Investment Management Pte. Ltd.
- Lendlease Retail Pte. Ltd.
- Lendlease Singapore Holdings Pty Limited
- Lendlease Singapore Pte. Ltd.
- LL Investment Holdings Ltd
- LL JV Ltd
- Milano Holdings JV Ltd
- Prime Asset Holdings Limited
- Quintique Investment Pte. Ltd.
- Roma Holdings JV Ltd
- Singapore Hokkien Huay Kuan
- Space Lab Holding Pte. Ltd.
- Space Lab One Pte. Ltd.
- Triple Eight Investment Holdings Limited
- Triple Eight JV Limited
- Verona Holdings JV Ltd
- Lendlease DC Holdings Trustee Pte. Ltd.
- Verona Central Pte. Ltd.
- Milano Central Holdings Ltd
- Roma Central Holdings Ltd
- Verona Central Holdings Ltd
- Lendlease PP Office Pte. Ltd.
- Lendlease PP Retail Pte. Ltd.
- Parkway Parade Partnership Pte. Ltd.
- Milano Central Pte. Ltd.
- Roma Central Pte. Ltd.
- Parkway Parade Partnership Limited
- Lendlease Vault Holdings Pte. Ltd.
- Lendlease Global Commercial (SGP) Pte. Ltd.
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Ms Ng was the Chief Executive Officer and an Executive Director of Keppel REIT Management Limited, the manager of Keppel REIT.