Change - Announcement of Appointment::Appointment as CEO of CapitaLand Singapore and key management personnel of CapitaLand Group

Issuer & Securities

Issuer/ Manager
CAPITALAND LIMITED
Securities
CAPITALAND LIMITED - SG1J27887962 - C31
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Apr-2017 06:58:15
Status
New
Announcement Sub Title
Appointment as CEO of CapitaLand Singapore and key management personnel of CapitaLand Group
Announcement Reference
SG170425OTHR5888
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The attached announcement issued by CapitaLand Limited on the above matter is for information.

Additional Details

Date Of Appointment
01/05/2017
Name Of Person
(TA) Tay Boon Hwee
Age
48
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr (TA) Tay Boon Hwee is succeeding Mr Wen Khai Meng as Chief Executive Officer, CapitaLand Singapore as Mr Wen will take on an advisory role in the Company. Mr Tay who joined CapitaLand in 2001 has extensive experience with the Group and a proven track record in management. He is most recently the CEO of Ascott REIT.
Whether appointment is executive, and if so, the area of responsibility
The appointment is executive in nature. Mr Tay will drive the residential and commercial property businesses in Singapore, Malaysia and Indonesia.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer of CapitaLand Singapore
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
No
Conflict of interests (including any competing business)
No
Working experience and occupation(s) during the past 10 years
27 February 2015 to present:
Chief Executive Officer of Ascott Residence Trust Management Limited ("ARTML") (manager of Ascott Residence Trust)
Executive Non-Independent Director of ARTML (appointed on 1 January 2013)

January 2007 to 26 February 2012:
Last position held - Chief Investment Officer and Managing Director of India and GCC sector of The Ascott Limited

Last position held - Head of Business Development and Asset Management of ARTML

July 2001 to Decembr 2006:
Last position held - Head and Senior Vice President, Investment of CapitaLand Residential Limited (now known as CapitaLand China Investments 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))
No
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
CapitaLand Limited - 510,990 shares
# 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 see Appendix A
Present
Please see 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?
No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company
Announcement of appointment as Chief Executive Officer of CapitaLand Singapore and key management personnel of CapitaLand Group

Attachments

RT_AppendixA_Past.pdf
RT_AppendixB_Present.pdf
Total size =92K