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

Issuer & Securities

Issuer/ Manager
BBR HOLDINGS (S) LTD
Securities
BBR HOLDINGS (S) LTD - SG1Z42953799 - KJ5
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
28-Dec-2023 17:18:31
Status
New
Announcement Sub Title
Appointment of Independent Non-Executive Director
Announcement Reference
SG231228OTHRCFFL
Submitted By (Co./ Ind. Name)
Tan Kheng Hwee Andrew
Designation
Executive Director & Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Ms Karen Lee Kiah Ling as an Independent Non-Executive Director of the Company

Additional Details

Date Of Appointment
02/01/2024
Name Of Person
KAREN LEE KIAH LING
Age
50
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, has reviewed, considered, assessed and concluded that Ms Karen Lee Kiah Ling ( Karen Lee ) possesses the requisite qualifications and work experience to carry out her duties as Independent Director of the Company, and has accordingly approved the appointment of Karen Lee as Independent Director of the Company.
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, AC Member
Professional qualifications
Executive Education - Asian International Executive Programme INSEAD;
Master of Science (Real Estate) - National University of Singapore;
Bachelor of Social Sciences with Honours (Economics) - National University of Singapore; and
Bachelor of Science with Merit (Economics) - National University 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
NIL
Conflict of interests (including any competing business)
NIL
Working experience and occupation(s) during the past 10 years
Ms Karen Lee Kiah Ling is currently the Deputy CEO of the manager of ESR-LOGOS REIT ( "E-LOG" ), following the completion of the merger between ESR-REIT and ARA LOGOS Logistics Trust in May 2022. Karen is responsible for executing E-LOG's growth strategy. E-LOG is a leading New Economy and future-ready Asia Pacific S-REIT, listed on the Singapore Exchange Securities Trading Limited since 25 July 2006. E-LOG invests in quality income-producing industrial properties in key gateway markets.

Prior to joining the E-LOG Manager, Karen was the CEO of the manager of ARA LOGOS Logistics Trust since August 2020. Before her CEO appointment, she was the Head of Asset and Investment Management for LOGOS SE Asia Pte Ltd, where she was responsible for the investment and asset management strategic planning for LOGOS Southeast Asia business and growing the Singapore portfolio. Prior to joining LOGOS, Karen was Head of Singapore Portfolio and Asset Management of Ascendas Funds Management (S) Limited, the manager of Ascendas REIT ( "A-REIT" ) now known as CapitaLand Ascendas REIT, where she was responsible for formulating and executing strategic asset management strategies as well as overseeing the performance of A-REIT's S$9 billion AUM Singapore portfolio.

Karen has more than 20 years of experience in the real estate industry covering industrial real estate development, asset and investment management, business development, leasing, marketing and property management.

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?
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)
LOGOS Property Management Pte. Ltd.
2TPC Pte. Ltd.
ALOG Singapore One Pte. Ltd.
Present
ESR-LOGOS REIT SPV2 Pte. Ltd.
ESR-LOGOS REIT MTN Pte. Ltd.
ESR-LOGOS REIT INV Pte. Ltd.
ESR-LOGOS REIT INV2 Pte. Ltd.
ALOG (Australia) 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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Ms Karen Lee will be attending the courses prescribed by the Exchange