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

Issuer & Securities

Issuer/ Manager
KEPPEL REIT MANAGEMENT LIMITED
Securities
KEPPEL REIT - SG1T22929874 - K71U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
08-Apr-2022 20:00:32
Status
New
Announcement Sub Title
Appointment of Non-Independent Non-Executive Chairman
Announcement Reference
SG220408OTHRN28J
Submitted By (Co./ Ind. Name)
Chiam Yee Sheng
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Tan Swee Yiow as Non-Independent Non-Executive Chairman of Keppel REIT Management Limited, the manager of Keppel REIT.

Additional Details

Date Of Appointment
01/06/2022
Name Of Person
Tan Swee Yiow
Age
61
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
After reviewing the Nominating and Remuneration Committee's recommendations and Mr Tan's qualifications and experience (as set out below), the Board approved the appointment of Mr Tan as Non-Independent Non-Executive Chairman of Keppel REIT Management Limited, the manager of Keppel REIT.
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 Chairman
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
From February 2021 to current
Senior Managing Director
Urban Development
Keppel Corporation Limited

From February 2021 to current
Non-Executive Director
Keppel Land Limited

From January 2019 to current
Non-Executive Director
Keppel REIT Management Limited (the manager of Keppel REIT)

From January 2019 to February 2021
Chief Executive Office and Executive Director
Keppel Land Limited

From March 2017 to December 2018
Chief Executive Office and Executive Director
Keppel REIT Management Limited (the manager of Keppel REIT)

From January 2013 to March 2017
President, Singapore & Head, Hospitality Management
Keppel Land International Limited

From January 2010 to December 2012
President, Singapore Commercial & Head, Regional Investments
Keppel Land International Limited
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
1,853,456 Units in Keppel REIT
# 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)
Various subsidiaries and associated companies of Keppel Land Limited and Keppel REIT
Present
1.BFC Development LLP
2.Central Boulevard Development Pte Ltd
3.City Energy Pte. Ltd. (f.k.a. City Gas Pte Ltd)
4.EM Services Private Limited
5.Keppel Land Limited
6.Keppel REIT Management Limited (manager of Keppel REIT)
7.One Raffles Quay Pte Ltd
8. Board of World Green Building Council (Director)
9. Board of Singapore Green Building Council (Honorary Advisor)
10. Workplace Safety and Health Council (Construction and Landscape Committee)(Deputy Chairman)
11. Management Committee of Real Estate Developers Association of Singapore (First Vice President)
(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
Mr Tan has been a director on the Board of Keppel REIT Management Limited, the manager of Keppel REIT since 2017.
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)
N.A.

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