Change - Announcement of Appointment::Announcement of Appointment of Non-Executive Director

Issuer & Securities

Issuer/ Manager
CAMBRIDGE INDUSTRIAL TRUST MANAGEMENT LIMITED
Securities
CAMBRIDGE INDUSTRIAL TRUST - SG1T70931228 - J91U

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
09-Jun-2014 18:23:55
Status
New
Announcement Sub Title
Announcement of Appointment of Non-Executive Director
Announcement Reference
SG140609OTHR82CP
Submitted By (Co./ Ind. Name)
Philip Levinson
Designation
CEO & Executive Director
Effective Date and Time of the event
09/06/2014 17:30:00
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Akihiro Noguchi as Non-Executive Director of Cambridge Industrial Trust Management Limited

Additional Details

Date Of Appointment
09/06/2014
Name Of Person
Akihiro Noguchi
Age
37
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The appointment is the result of Mitsui & Co. Ltd ("Mitsui"), a shareholder of the Manager restructuring its business and hence changing its Board representation of Cambridge Industrial Trust Management Limited ("CITM"). Mitsui has a 20% interest in the Manager. The Board of CITM had reviewed the qualifications and work experience of Mr Akihiro Noguchi and supported his appointment as a Non-Executive Director of CITM on the basis of Mr Noguchi's experience in asset management, asset finance and leasing, M&A, corporate risk and strong background in economics.
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-Executive Director
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
NIL
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
Mitsui & Co. (Asia Pacific) Pte. Ltd.
2012 - Present
Deputy General Manager
Financial & New Business Department

2011 - 2012
Manager
Asset Management Division

2007 - 2011
Manager
M&A Division

2006 - 2007
Director
Planning & Administration Division

2004 - 2005
Manager
Planning & Administration Division

2002 - 2004
Manager
Corporate Risk Management Division
Shareholding interest in the listed issuer and its subsidiaries?
No
# 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)
NIL
Present
NIL
(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 a listed company?
No
If Yes, Please provide full details
Pursuant to Rule 704 (7) (a) of the Listing Manual, Mr Noguchi has no prior experience as a director of a listed company. Appropriate briefings and training will be provided in respect of roles and responsibilities of directors and corporate governance requirements.