REPL::Change - Announcement of Appointment::Appointment of Non-Executive Director and member of Nominating and Remuneration Committee

Issuer & Securities

Issuer/ Manager
PARKWAY TRUST MANAGEMENT LIMITED
Securities
PARKWAYLIFE REIT - SG1V52937132 - C2PU
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
01-Oct-2019 22:40:02
Status
Replacement
Announcement Sub Title
Appointment of Non-Executive Director and member of Nominating and Remuneration Committee
Announcement Reference
SG191001OTHR1N81
Submitted By (Co./ Ind. Name)
Yong Yean Chau
Designation
Director/ Chief Executive officer
Description (Please provide a detailed description of the event in the box below)
Appointment of Non-Executive Director and member of Nominating and Remuneration Committee

Additional Details

Date Of Appointment
01/10/2019
Name Of Person
Kelvin Loh Chi-Keon
Age
45
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Dr. Loh was nominated by Parkway Holdings Limited, the holding company of Parkway Trust Management Limited (Company). The Nominating and Remuneration Committee (NRC) of the Company has reviewed the qualification and experience of Dr. Loh and recommended to the Board the appointment of Dr. Loh as a Non-Executive Director and member of NRC of the Company. The Board considered the recommendation of NRC and approved the appointment of Dr. Loh.
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 and member of Nominating and Remuneration Committee
Professional qualifications
Master Degree in Business Administration, National University of Singapore, Business School
Bachelor of Medicine and Bachelor of Surgery, National University of Singapore
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
Dr. Loh is the Executive Director & Chief Executive Officer (designate) of IHH Healthcare Berhad, the substantial unitholder of Parkway Life REIT
Conflict of interests (including any competing business)
Nil, except for the directorships held by Dr. Loh in IHH Healthcare Berhad and its subsidiaries (IHH Group).

Should any conflict of interest arise between IHH Group and Parkway Life REIT where IHH Group may have an interest in respect of matters of Parkway Life REIT, Dr. Loh shall abstain from voting in respect of such matters
Working experience and occupation(s) during the past 10 years
July 2019 to present, Executive Director and Chief Executive Officer (designate) of IHH Healthcare Berhad

July 2017 to May 2019, Group Chief Executive Officer of Columbia Asia Group of Companies

October 2008 to June 2017, Chief Executive Officer, Singapore Operations Division of Parkway Pantai Limited
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
120,000 units in Parkway Life Real Estate Investment Trust
# 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 Annexure A attached
Present
Please refer to Annexure B attached
(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
Non-Independent and Executive Director of IHH Healthcare Berhad

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01/10/2019 17:57:37