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

Issuer & Securities

Issuer/ Manager
ASCOTT RESIDENCE TRUST MANAGEMENT LIMITED
Securities
ASCOTT RESIDENCE TRUST - SG1T08929278 - A68U
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
23-Apr-2015 18:24:41
Status
New
Announcement Sub Title
Appointment of Non-Executive Independent Director
Announcement Reference
SG150423OTHR1JE0
Submitted By (Co./ Ind. Name)
Kang Siew Fong / Regina Tan
Designation
Joint Company Secretaries, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
Appointment as Non-Executive Independent Director and Member of Audit Committee of Ascott Residence Trust Management Limited, the manager of Ascott Residence Trust.

Additional Details

Date Of Appointment
24/04/2015
Name Of Person
Tan Beng Hai
Age
63
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Tan Beng Hai is currently an independent director, chairman of Audit Committee and member of Nominating Committee of SMRT Corporation Ltd, and an independent director and member of Audit Committee of Sembcorp Marine Ltd (both listed on Singapore Exchange). He is also the chairman of Jurong Engineering Limited, SINGEX Holdings Pte. Ltd., Singapore LNG Corporation Pte. Ltd. and the Institute of Technical Education. In addition, he is the co-chairman of Tripartite Alliance for Fair Employment Practice, board member and chairman of Audit Committee of Ong Teng Cheong Labour Leadership Institute, President of the Singapore Golf Association. He is a director of SMRT Trains Ltd and the Inland Revenue Authority of Singapore. Mr Tan also serves as a member of the NTUC Club Management Council, and Singapore Manufacturing Federation's board of Governors.

Mr Tan was awarded the Public Service Star Award in 2010, the Friend of Labour Award in 2000 and the May Day Meritorious Service Award in 2013. He is a Fellow of the Institute of Chartered Accountants in England and Wales.
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 Audit Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
From 20 April 2015 to present
- Director, Sembcorp Marine Ltd

From 28 June 2013 to present
- Chairman, SINGEX Holdings Pte. Ltd.

From 20 May 2013 to present
- Director, SMRT Trains Ltd.

From 20 April 2015 to present
- Director, Sembcorp Marine Ltd

From 15 June 2010 to present
- Chairman, Singapore LNG Corporation Pte. Ltd.

From 15 May 2010 to 27 June 2013
- Chairman, SINGEX Venues Pte Ltd, SINGEX Exhibitions Pte. Ltd. and SINGEX Exhibition Ventures Pte. Ltd.

From 1 August 2006 to present
- Director, SMRT Corporation Ltd

From December 2005 to present
- Chairman, Jurong Engineering Limited

From 2000 to 2005
- Managing Director, Novar International Pte Ltd
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)
Please refer to Appendix A
Present
Please refer to Appendix B
(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 a listed company?
Yes
If Yes, Please provide details of prior experience
Mr Tan is a Director of SMRT Corporation Ltd and Sembcorp Marine Ltd, listed on the Singapore Exchange Securities Trading Limited ( SGX-ST )

He was a Director of CapitaMalls Asia Ltd, UMS Holdings Ltd, SNP Corporation Ltd and Asia Pacific Breweries Ltd, listed on the SGX-ST.

Attachments

Appendix A _past5years_BT.pdf
Appendix B _current_BT.pdf
Total size =19K