Change - Announcement of Appointment::Appointment of Ko Miguel as Non-Executive Deputy Chairman, Non-Executive & Non-Independent Director

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
06-Aug-2019 19:34:01
Status
New
Announcement Sub Title
Appointment of Ko Miguel as Non-Executive Deputy Chairman, Non-Executive & Non-Independent Director
Announcement Reference
SG190806OTHR6N22
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Appointment of Mr Ko Kai Kwun Miguel @ Ko Miguel as Non-Executive Deputy Chairman of the Board, Non-Executive and Non-Independent Director, and Member of Strategy, Investment and Finance Committee.

Additional Details

Date Of Appointment
06/08/2019
Name Of Person
Ko Kai Kwun Miguel @ Ko Miguel
Age
66
Country Of Principal Residence
Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)
The Nominating Committee (NC), having reviewed Mr Ko Kai Kwun Miguel @ Ko Miguel's credentials, considered that Mr Ko could contribute to the Board's work and deliberations and made a recommendation to the Board to appoint Mr Ko as Non-Executive Deputy Chairman of the Board, and Non-Executive and Non-Independent Director. As Mr Ko also has the relevant expertise and experience to contribute to the work and deliberations of the Strategy, Investment & Finance Committee (SIFC), the NC has also recommended his appointment to the SIFC. The Board has accepted the recommendations and given its approval to appoint Mr Ko as Non-Executive Deputy Chairman of the Board, and Non-Executive and Non-Independent Director, and a member of the SIFC.
Whether appointment is executive, and if so, the area of responsibility
Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Deputy Chairman of the Board, Non-Executive and Non-Independent Director, and Member of Strategy, Investment and Finance Committee
Professional qualifications
Certified Public Accountant by the State Board of Accountancy, New Hampshire, USA
Master of Business Administration, Suffolk University, USA
B.A. in Economics, University of Massachusetts, Boston, USA
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
Nil
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
June 2015 to Present
Executive Director and Chief Executive Officer (CEO), CLA Real Estate Holdings Pte. Ltd.
(June 2015 was the date he was appointed as Executive Director and Group CEO of Ascendas Singbridge Pte. Ltd. Assumed current role as Executive Director and CEO of CLA Real Estate Holdings Pte. Ltd. with effect from 1 July 2019.)

October 2014 to June 2015
Corporate Advisor, Temasek International Advisors Pte Ltd

September 2012 to August 2015
Non-Executive Chairman, Asia Pacific, Starwood Hotels Worldwide, Inc.

March 2009 to August 2012
Chairman & President, Asia-Pacific, Starwood Hotels Worldwide, Inc.

November 2000 to March 2009
President, Asia-Pacific, Starwood Hotels Worldwide, Inc.
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 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 an issuer listed on the Exchange?
Yes
If Yes, Please provide details of prior experience
Mr Ko is currently Chairman and director of Ascendas Hospitality Fund Management Pte Ltd, as manager of Ascendas Hospitality Real Estate Investment Trust ("AHREIT") and Ascendas Hospitality Trust Management Pte. Ltd., as trustee-manager of Ascendas Hospitality Business Trust ("AHBT"). AHREIT and AHBT stapled known as Ascendas Hospitality Trust ("AHT"). AHT is listed on SGX. He was previously a Vice Chairman and director of Ascendas Funds Management (S) Limited, as manager of Ascendas Real Estate Investment Trust ("AREIT", listed on SGX), Samsonite International S.A. (listed on HKSE), City e-Solutions Hong Kong (listed on HKSE), CDL Hotels Ltd Hong Kong (listed on HKSE), Millenium & Copthorne PLC (listed on LSE), Merlin Entertainments PLC (listed on LSE), Amarin Plaza Company Ltd (listed on SET), Royal Orchid Hotel (Thailand) Public Company Ltd (listed on SET) and Serm Suk (Pepsi-cola) Bottler Ltd (listed on SET).

Attachments

MKoDirectorshipAppendixAB.pdf
Total size =257K