Change - Announcement of Appointment::Appointment of Tan Tee Hieong as CEO and Executive Non-Independent Director

Issuer & Securities

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

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
25-Apr-2017 07:24:23
Status
New
Announcement Sub Title
Appointment of Tan Tee Hieong as CEO and Executive Non-Independent Director
Announcement Reference
SG170425OTHRLSIS
Submitted By (Co./ Ind. Name)
Lee Ju Lin, Audrey
Designation
Company Secretary, CapitaLand Mall Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Tan Tee Hieong as Chief Executive Officer, Executive Non-Independent Director and Member of the Executive Committee of CapitaLand Mall Trust Management Limited.

Additional Details

Date Of Appointment
01/05/2017
Name Of Person
Tan Tee Hieong
Age
50
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
CapitaLand Mall Trust Management Limited ("CMTML") has as part of succession planning identified Mr Tan Tee Hieong
as a successor to Mr Tan Wee Yan, Wilson, who will be stepping down as Chief Executive Officer (CEO) of CMTML to assume another role within the CapitaLand Limited Group.

Mr Tan Tee Hieong was CEO of CapitaLand Retail China Trust Management Limited and has over 19 years of experience in international treasury, finance and risk management.

Based on Mr Tan Tee Hieong's experience and qualifications, the Board of CMTML has approved his appointment as CEO and Executive Director.
Whether appointment is executive, and if so, the area of responsibility
The position is executive in nature. Mr Tan Tee Hieong will help spearhead the continued growth of CapitaLand Mall Trust
("CMT") with his experience and knowledge of CMT and the industry.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer, Executive Non-Independent Director and Member of the Executive Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
None
Conflict of interests (including any competing business)
None
Working experience and occupation(s) during the past 10 years
1 April - Present
Senior Vice President, CEO's Office, CapitaLand Mall Asia Limited

From July 2010 - 31 March 2017
Chief Executive Officer of CapitaLand Retail China Trust Management Limited

April 2010 - June 2010
Deputy Chief Executive Officer of CapitaRetail China Trust Management Limited (now known as CapitaLand Retail China Trust Management Limited)

November 2009 - June 2010
Deputy Chief Financial Officer of CapitaMalls Asia Limited (now known as CapitaLand Mall Asia Limited)

September 2007 - June 2010
Head, Finance of CapitaRetail China Trust Management Limited (now known as CapitaLand Retail China Trust Management Limited)

September 2007 - October 2009
Senior Vice President, Finance & Corporate Services of CapitaMalls Asia Limited (now known as CapitaLand Mall Asia Limited)

August 1998 - September 2007
Asia Pacific Treasurer of IKEA
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)
Please see Appendix A
Present
Nil
(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 was a director of CapitaLand Retail China Trust Management Limited, the manager of CapitaLand Retail China Trust which is listed on Singapore Exchange Securities Trading Limited.

Attachments