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

Issuer & Securities

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

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
14-Apr-2022 19:10:14
Status
New
Announcement Sub Title
Appointment of Non-Executive Director
Announcement Reference
SG220414OTHRQO42
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

Additional Details

Date Of Appointment
15/04/2022
Name Of Person
Jeffrey David Perlman
Age
38
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Having reviewed Mr Jeffrey David Perlman's ("Mr Jeffrey Perlman") work experience and qualifications, the Board is of the view that Mr Jeffrey Perlman's appointment as a Non-Executive Director of the Manager would strengthen the Board's capability and add to its diverse breadth of industry expertise, knowledge and experience.
Whether appointment is executive, and if so, the area of responsibility
No
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Director
Professional qualifications
NIL
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
May 2016 to Present
Managing Director, Head of Southeast Asia of Warburg Pincus (Singapore) Pte Ltd, where he oversees the origination, execution and post deal monitoring of investments across Southeast Asia.

Sep 2011 to May 2016
Managing Director, Real Estate of Warburg Pincus Asia LLC, where he led the origination, execution and post deal monitoring of investments across Asia.

Sep 2006 to Aug 2011
Associate of Warburg Pincus LLC, where he was involved in various private equity investments in North America.
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)
Vincom Retail Joint Stock Company
Present
Listed Companies:
- ESR Cayman Limited
- ESR-REIT
- Circles Asia Cayman Limited

Other Principal Commitments:
- Anchilles
- ARA Asset Management Holdings Pte. Ltd. (previously known as Athena Investment Company (Singapore) Pte Limited )
- BW Industrial Development Joint Stock Company
- Cubic City Service Apartment Group Holdings Limited (also known as Mofang Apartments , previously known as Cubic City (China) Service Apartment Group Holdings Limited)
- ARA Asset Management Limited
- Lodgis Investments Ltd (became the holding company of Lodgis Hospitality Holdings Private Limited as of 8 March 2019)
- Nova Property Investment Co., Ltd.
- Online Mobile Services Joint Stock Company
- PT Nirvana Wastu Pratama
- PT Aplikasi Karya Anak Bangsa (also known as GO-JEK )
- Princeton Digital Group Limited
Staurolite Gem Holdings Ltd
- Trax Technology Solutions Pte Ltd
- Weave Co-Living Cayman Limited
- Warburg Pincus Singapore Pte Ltd
- WPSG Master Holdings Pte Ltd
- WOH Logistics Management Pte Ltd
- Aseana Insurance Holdings Investments Pte Ltd
- Aseana Insurance 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
Mr Jeffrey Perlman is a Non-Executive Director of ESR Funds Management (S) Limited, the Manager of ESR-REIT which was listed on the Mainboard of SGX-ST in 2006.
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