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

Issuer & Securities

Issuer/ Manager
BUKIT SEMBAWANG ESTATES LIMITED
Securities
BUKIT SEMBAWANG ESTATES LTD - SG1T88932077 - B61
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
09-Jan-2024 17:37:48
Status
New
Announcement Sub Title
Appointment of Independent Non-Executive Director
Announcement Reference
SG240109OTHRZGRD
Submitted By (Co./ Ind. Name)
Lotus Isabella Lim Mei Hua
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Independent Non-Executive Director, member of the Audit and Risk Management Committee, Nominating Committee, Remuneration Committee and Project Development Committee.

Additional Details

Date Of Appointment
09/01/2024
Name Of Person
Tan Swee Yiow
Age
63
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The Board, having considered the recommendation of the Nominating Committee and assessed the qualifications and work experience of Mr Tan Swee Yiow, is satisfied that Mr Tan has the requisite experience and capabilities to assume the duties and responsibilities as an Independent Director of the Company.

Mr Tan is considered independent for the purpose of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited.

Whether appointment is executive, and if so, the area of responsibility
Non-Executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Independent Non-Executive Director
Professional qualifications
Bachelor of Science (First Class Honours) in Estate Management - National University of Singapore
Master of Business Administration in Accountancy - Nanyang Technological University
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
NIL
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
Mr Tan was appointed as the Chairman of the Board of Keppel REIT Management Limited with effect from 1 June 2022 and a Director of the Manager since 20 March 2017.

Mr Tan was the Senior Managing Director of Real Estate at Keppel Ltd. and Non-Executive Director of Keppel Management Ltd. (f.k.a. Keppel Land Limited) until his retirement on 31 December 2023.

Mr Tan joined the Keppel Group in 1990. Mr Tan was the Chief Executive Officer and Executive Director of Keppel Management Ltd. Before that, he was Chief Executive Officer and Executive Director of Keppel REIT Management Limited. He was previously President, Singapore, at Keppel Management Ltd. and concurrently Head, Keppel Land Hospitality Management.

Mr Tan is a Director of the World Green Building Council Board as well as Honorary Advisor of the Singapore Green Building Council. He also serves as Deputy Chairman of the Workplace Safety and Health Council (Construction and Landscape Committee) and is the President of Real Estate Developers' Association of Singapore (REDAS).
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
No
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)
Keppel Management Ltd
Present
Keppel REIT Management Limited
BFC Development LLP
Central Boulevard Development Pte Ltd
City Energy Pte Ltd
E M Services Private Limited
One Raffles Quay Pte Ltd
Raffles Quay Asset Management 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
From 1 Jun 2022 to current : Chairman of Keppel REIT Management Limited
From 20 Mar 2017 to current : Director of Keppel REIT Management Limited
From 20 Mar 2017 to 31 Dec 2018 : Chief Executive Officer & Executive Director of Keppel REIT Management Limited
From 15 Feb 2021 to 31 Dec 2023 : Non-Executive Director of Keppel Management Ltd. (f.k.a. Keppel Land Limited)
From 1 Jan 2019 to 15 Feb 2021 : Chief Executive Officer & Executive Director of Keppel Management Ltd (f.k.a. Keppel Land Limited)