Change - Announcement of Appointment::Promotion to Chief Financial Officer

Issuer & Securities

Issuer/ Manager
VIVA INDUSTRIAL TRUST MANAGEMENT PTE. LTD.
Securities
VIVA INDUSTRIAL TRUST - SG2G31998161 - T8B
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
29-Feb-2016 17:54:03
Status
New
Announcement Sub Title
Promotion to Chief Financial Officer
Announcement Reference
SG160229OTHRB3K8
Submitted By (Co./ Ind. Name)
Ang Poh Seong
Designation
Chief Executive Officer of the REIT Manager and Trustee-Manager
Description (Please provide a detailed description of the event in the box below)
The promotion of Mr Chan Wee Kiat from Head of Finance to Chief Financial Officer of the Managers with effect from 1 March 2016.

Additional Details

Date Of Appointment
01/03/2016
Name Of Person
Chan Wee Kiat (Chen Weijie)
Age
40
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Chief Executive Officer recommended that Mr Chan be promoted from Head of Finance to Chief Financial Officer. This was supported by the Nominating and Remuneration Committee and approved by the Board.
Whether appointment is executive, and if so, the area of responsibility
Executive. Responsible for corporate finance, treasury, financial reporting, forecast and budgeting, tax, internal control, financial risk management, corporate governance, compliance, and investor relations functions.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
May 2012 to Present
Financial Controller / Head of Finance
Viva Industrial Trust Management Pte Ltd

September 2010 to May 2012
Financial Controller
Hoe Leong Corporation Ltd

July 2007 to September 2010
Manager / Associate Director
Genesis Capital Pte Ltd

July 2004 to April 2007
Audit Manager
KPMG LLP
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
180,000 stapled securities in Viva Industrial Trust
Other Directorships
# 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)
None
Present
Viva Real Estate Asset Management Pte. Ltd.
Viva iTrust MTN 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
Disclosure applicable to the appointment of Director only.
Any prior experience as a director of a listed company?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Not applicable.