Change - Announcement of Appointment::Appointment of Mr Jason Leow Juan Thong as President (Asia & Retail)

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
28-Aug-2018 17:50:53
Status
New
Announcement Sub Title
Appointment of Mr Jason Leow Juan Thong as President (Asia & Retail)
Announcement Reference
SG180828OTHRP7MB
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secreatary
Description (Please provide a detailed description of the event in the box below)
Appointment of President (Asia & Retail)

Additional Details

Date Of Appointment
15/09/2018
Name Of Person
Jason Leow Juan Thong
Age
51
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
Mr Jason Leow Juan Thong has been appointed President (Asia & Retail), such appointment to take effect from 15 September 2018. This appointment is made by the Board in conjunction with the appointment of Mr Lee Chee Koon as the President & Group Chief Executive Officer, and Mr Lucas Ignatius Loh Jen Yuh as President (China & Investment Management). Presently Group Chief Operating Officer, a role which he assumed on 1 January 2018, Mr Leow has been with the CapitaLand Group since 1994. Mr Leow, Mr Lee and Mr Loh are key members of the management team and have been instrumental in developing and executing the Group's growth strategy; they complement each other in terms of competencies and experience which will benefit CapitaLand greatly.
Whether appointment is executive, and if so, the area of responsibility
The position is executive in nature. Mr Leow's focus will be to grow the Group's presence in Asia (ex-China), including
Singapore and Vietnam, as well as to expand its retail business.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
President (Asia & Retail)
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
January 2018 to current
Group Chief Operating Officer, CapitaLand Limited

September 2014 to December 2017
Chief Executive Officer, CapitaLand Mall Asia Limited

July 2009 to August 2014
Chief Executive Officer, CapitaLand China Holdings Pte Ltd

July 2005 to June 2009
Deputy Chief Executive Officer, CapitaLand China Holdings Pte Ltd

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
CapitaLand Limited - 769,758 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 refer to the attached Appendix A.
Present
Please refer to the attached 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 Leow is a Director of CapitaLand Mall Trust Management Limited, the manager of CapitaLand Mall Trust ("CMT"). He was also a Director of CapitaLand Retail China Trust Management Limited, the manager of CapitaLand Retail China Trust ("CRCT"), CapitaLand Malaysia Mall REIT Management Sdn. Bhd., the manager of CapitaLand Malaysia Mall Trust ( CMMT ), Lai Fung Holdings Limited ("LFHL") and Central China Real Estate Limited ("CCREL"). CMT and CRCT are listed on Singapore Exchange Securities Trading Limited. CMMT is listed on Bursa Malaysia Securities Berhad. LFHL and CCREL are listed on The Stock Exchange of Hong Kong Limited.

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