Change - Announcement of Appointment::Appointment of Mrs Quek Bin Hwee as Non-Executive Independent Director

Issuer & Securities

Issuer/ Manager
CAPITALAND MALL TRUST MANAGEMENT LIMITED
Securities
CAPITALAND INTEGRATED COMM TR - SG1M51904654 - C38U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
03-Nov-2020 06:17:04
Status
New
Announcement Sub Title
Appointment of Mrs Quek Bin Hwee as Non-Executive Independent Director
Announcement Reference
SG201103OTHR14XA
Submitted By (Co./ Ind. Name)
Lee Ju Lin, Audrey
Designation
Company Secretary, CapitaLand Integrated Commercial Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
Appointment of Mrs Quek Bin Hwee as Non-Executive Independent Director and a Member of the Audit Committee.

Additional Details

Date Of Appointment
03/11/2020
Name Of Person
Mrs Quek Bin Hwee
Age
63
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mrs Quek Bin Hwee was a director and the Chairman of Audit Committee of CapitaLand Commercial Trust Management Limited ("CCTML"), the manager of CapitaLand Commercial Trust ("CCT") prior to its merger with CapitaLand Mall Trust ("CMT").

Following the merger, the reconstituted Board shall comprise members from CapitaLand Integrated Commercial Trust Management Limited (formerly known as CapitaLand Mall Trust Management Limited) ("CICTML") and CCTML's boards, 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 CapitaLand Integrated Commercial Trust ("CICT")'s expanded investment mandate and enlarged portfolio which encompass office assets as well as a wider geographical focus, Mrs Quek's prior experience and knowledge as a board member of CCTML coupled with her outstanding professional credentials and expertise would be beneficial to the merged entity, and she will be able to contribute to the deliberations of the Board of CICTML.
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 Independent Director and Member of the Audit Committee
Professional qualifications
Chartered Accountant of Singapore, Singapore Accountancy Commission
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
July 2013 to June 2017
- Vice Chairman, Market and Industries, PricewaterhouseCoopers LLP

January 2009 to June 2017
PricewaterhouseCoopers LLP (PwC)
- Deputy Markets Leader of Asia Pacific and Americas
- Client & Markets Leader of Asia Pacific
- PwC Singapore leadership team and PwC Asia leadership team and various leadership roles including asset management leader, government leader, real estate leader and head of human capital in the audit practice.
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
61,050 units in CapitaLand Integrated Commercial Trust (direct interest).
# 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 A.
(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
Mrs Quek was a Non-Executive Director of CapitaLand Commercial Trust Management Limited, as manager of CapitaLand Commercial Trust ("CCT"). CCT was listed on the Singapore Exchange Securities Trading Limited.
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.

Attachments

CBH_Appendix_A_Appt_20201103.pdf
Total size =12K