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

Issuer & Securities

Issuer/ Manager
UNITED HAMPSHIRE US REIT MANAGEMENT PTE. LTD.
Securities
UNITED HAMPSHIRE US REIT - SGXC39411175 - ODBU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
30-Mar-2023 17:58:11
Status
New
Announcement Sub Title
Appointment of Chief Financial Officer
Announcement Reference
SG230330OTHR58DK
Submitted By (Co./ Ind. Name)
Gerard Yuen Wei Yi
Designation
Chief Financial Officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Ms Yap Soh Cheng as Chief Financial Officer of United Hampshire US REIT Management Pte. Ltd. (the "Manager") with effect from 1 May 2023.

Additional Details

Date Of Appointment
01/05/2023
Name Of Person
Yap Soh Cheng
Age
41
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)
As part of the succession planning for key management personnel, the Board, taking into consideration the credentials, experience,and qualifications of Ms Yap Soh Cheng, and at the recommendation of the Nominating and Remuneration Committee, approved Ms Yap Soh Cheng's appointment as Chief Financial Officer. Prior to her appointment as Chief Financial Officer, Ms Yap was the Finance Director of the Manager of United Hampshire US REIT ("UHREIT").
Whether appointment is executive, and if so, the area of responsibility
This is an executive appointment. Ms Yap will report to the Chief Executive Officer of the Manager and provide support in the execution of UHREIT's overall growth strategies, as well as oversight of the finance function. Her finance responsibilities will cover the formulation and execution of UHREIT's financial strategies, capital management, financial risk management, treasury, tax and financial reporting.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Financial Officer
Professional qualifications
Ms Yap holds a professional qualification from the Association of Chartered Certified Accountants. She is a Chartered Accountant of the Institute of Singapore Chartered Accountants and affiliate member of the Association of Chartered Certified Accountant.
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
Prior to joining the Manager as Finance Director in July 2019, Ms Yap was the Financial Controller of CashShield Pte Ltd from March 2018 to March 2019. Before that, she was the Financial Controller of Leader Energy Pte Ltd from November 2017 to February 2018. From February 2016 to November 2017, she was a Finance Director with Heptagon Micro Optics Pte Ltd. Ms. Yap started her career as an external auditor with PricewaterhouseCoopers LLP from November 2007 to February 2016 and Ernst & Young LLP from November 2005 to October 2007.
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)
Nil
Present
United Hampshire US REIT Sub 1 Pte Ltd
United Hampshire US REIT Sub 2 Pte Ltd
United Hampshire US REIT Sub 3 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?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
Not Applicable
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