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

Issuer & Securities

Issuer/ Manager
SUNTEC TRUST MANAGEMENT LIMITED
Securities
SUNTEC REAL ESTATE INV TRUST - SG1Q52922370 - T82U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
10-Jul-2026 17:39:40
Status
New
Announcement Sub Title
Appointment of Non-Executive Director and Chairman
Announcement Reference
SG260710OTHRQZIA
Submitted By (Co./ Ind. Name)
Chong Kee Hiong
Designation
Director
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive Director and Chairman

Additional Details

Date of appointment
10/07/2026
Name of person
Chen Huaidan @ Celine Tang
Age
58
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 of Suntec Trust Management Limited (the "Manager"), as manager of Suntec Real Estate Investment Trust ("Suntec REIT"), has reviewed Madam Chen Huaidan @ Celine Tang's ("Mrs. Celine Tang") qualifications and work experience and is of the view that her appointment as Non-Executive Director and Chairman of the Manager would strengthen the Board's leadership and enhance its effectiveness, and add to its diverse breadth of industry expertise, knowledge and experience.
Whether appointment is executive, and if so, the area of responsibility
Not applicable
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director and Chairman
Professional qualifications
Bachelor's Degree in Literature, China People's University for Police Officers (now People's Public Security University of China)
Working experience and occupation(s) during the past 10 years
Group Managing Director, SingHaiyi Group Ltd. : Dec 2013 to Jan 2022
Managing Director, Haiyi Holdings Pte. Ltd. : 2003 to present
Executive Director, Tang Dynasty Pte. Ltd. : 1995 to present
Non-Executive Chairman, GRC Limited (f.k.a. OKH Global Ltd.) : Oct 2016 to Apr 2025
Non-Independent and Non-Executive Director and Chairman, Chip Eng Seng Corporation Ltd. : Oct 2018 to Feb 2023
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
Mrs. Celine Tang directly holds 266,749,514 shares, representing 9.02% of the units in the capital of the Listed Issuer. She also has 0.44% deemed interest in the Listed Issuer through the Manager, a company which she is a director.
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Mr. Lock Wai Han, Interim Chairman and Non-Executive Director of Suntec REIT, has taken on the following roles, being (i) a Director of Aesen Offshore Limited ("Aesen Offshore"), which is held by Pacific International Capital Inc. Limited, (ii) an employee of Aesen Pte. Ltd., a related company of Aesen Offshore, and (iii) a consultant to Haiyi Holdings Pte. Ltd. ("Haiyi Holdings"). Pacific International Capital Inc. Limited and Aesen Pte. Ltd. are wholly and indirectly owned by Mr. Gallant Tang ("Mr. Tang Jialin"). Haiyi Holdings is owned by Mr. Tang Yigang @ Gordon Tang ("Mr. Gordon Tang") and Mrs. Celine Tang. Mr. Tang Jialin is the son of Mr. Gordon Tang and Mrs. Celine Tang. Mrs. Celine Tang, her spouse Mr. Gordon Tang, and her son Mr. Tang Jialin are substantial unitholders of Suntec REIT.
Conflict of interest (including any competing business)
Nil
Undertaking (in the format set out in Appendix 7.7 or Appendix 7H) under Mainboard Rule 720(1) or Catalist Rule 720(1) has been submitted to the listed issuer
Yes
Other Principal Commitments* Including Directorships#
* "Principal Commitments" has the same meaning as defined in the Code of Corporate Governance.
# These fields are not applicable for announcements of appointments pursuant to Mainboard Rule 704(9) or Catalist Rule 704(8).
Past (for the last 5 years)
Please refer to Appendix 1
Present
Please refer to Appendix 1
Information Required
Disclose the following matters concerning an appointment of director, chief executive officer, chief financial officer, chief operating officer, general manager or other officer of equivalent rank. If the answer to any question is "yes", full details must be given.
(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
Disclosure applicable to the appointment of director only.
Any prior experience as a director of an issuer listed on the Exchange?
Yes
If yes, please provide details of prior experience.
SingHaiyi Group Ltd. - Non-Executive Director Jan 2013; Executive Director Feb 2013; Group Managing Director Dec 2013 to Jan 2022.
GRC Limited (f.k.a. OKH Global Ltd.) - Executive Chairman & CEO Aug to Oct 2016; Non-Executive Chairman Oct 2016 to Apr 2025.
Chip Eng Seng Corporation Ltd. - Non-Independent & Non-Executive Director and Chairman Oct 2018 to Feb 2023.
Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable).
Not applicable

Attachments

Suntec REIT - Appendix 1.pdf
Total size =301K