Change - Announcement of Appointment::Appointment of Mr Chua Tiow Chye as Non-Executive Director

Issuer & Securities

Issuer/ Manager
MPACT MANAGEMENT LTD.
Securities
MAPLETREE PANASIA COM TRUST - SG2D18969584 - N2IU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
03-Aug-2022 12:08:35
Status
New
Announcement Sub Title
Appointment of Mr Chua Tiow Chye as Non-Executive Director
Announcement Reference
SG220803OTHR4W8N
Submitted By (Co./ Ind. Name)
Wan Kwong Weng
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment as Non-Executive Director and as a Member of Nominating and Remuneration Committee of MPACT Management Ltd. (the "Manager").

Additional Details

Date Of Appointment
03/08/2022
Name Of Person
Chua Tiow Chye
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)
Mr Chua was a Non-Executive Director and a Member of Nominating and Remuneration Committee of Mapletree North Asia Commercial Trust Management Ltd., the Manager of Mapletree North Asia Commercial Trust prior to its merger with Mapletree Commercial Trust.

Following the merger, the reconstituted Board shall comprise certain members from Mapletree North Asia Commercial Trust Management Ltd. and MPACT Management Ltd. (formerly known as Mapletree Commercial Trust Management Ltd.), to provide assurance of continuity to unitholders and achieve an optimal balance of experience, skills and knowledge relevant to the merged entity's business. Given Mapletree Pan Asia Commercial Trust's expanded investment mandate and enlarged portfolios which encompass office and commercial assets as well as wider geographical focus, the Board is of the view that Mr Chua's experience and qualifications will be able to provide different perspectives and add bench strength to the Board for the merged entity.
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
Professional qualifications
1. Master of Business Administration
2. Bachelor of Regional and Town Planning (1st Class Honours)
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
March 2017 till to-date
Deputy Group Chief Executive Officer
Mapletree Investments Pte Ltd

April 2011 - February 2017
Group Chief Investment Officer & Regional Chief Executive Officer of North Asia & New Markets
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
3,474,124 units held in own name through Nominee Bank and 111,472 units held by spouse.
# 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)
Please refer to the attached Appendix A.
Present
Please refer to the attached Appendix B.
(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
1. Non-Executive Director of Mapletree Industrial Trust Management Ltd., the manager of Mapletree Industrial Trust
2. Non-Executive Director of Mapletree North Asia Commercial Trust Management Ltd., the manager of Mapletree North Asia Commercial Trust
3. Formerly Non-Executive Director of Mapletree Logistics Trust Management Ltd., the manager of Mapletree Logistics Trust

Attachments

Appendix A.pdf
Appendix B.pdf
Total size =357K