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Change - Announcement Of Appointment Of Deputy Chief Executive Officer

BackFeb 22, 2017
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Feb 22, 2017 13:24
Status New
Announcement Sub Title Appointment of Deputy Chief Executive Officer
Announcement Reference SG170222OTHRDMKB
Submitted By (Co./ Ind. Name) Karen Chan
Designation Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below) Appointment of Ms Beh Siew Kim as Deputy Chief Executive Officer of Ascott Residence Trust Management Limited.
Additional Details
Date Of Appointment 01/03/2017
Name Of Person Beh Siew Kim
Age 46
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) Ms Beh has over 23 years of experience in financial and corporate planning, development and compliance in real estate, as well as auditing in Singapore and Malaysia. Ms Beh is currently the Financial Controller and Head of Corporate Planning & Compliance at CapitaLand China. She is responsible for the corporate planning, financial reporting, forecasting, capital management and compliance functions of CapitaLand China. As a member of the senior management team, Ms Beh has been actively involved in deal analysis, investor relations, as well as private and institutional financing. In her 10 years with CapitaLand China, she has participated in the set up of private equity funds, acquisitions and divestment deals, including CapitaLand s high profile acquisition of Orient Overseas Developments Limited in 2010. She holds a Bachelor of Business (Accounting) from University of Tasmania, Australia. She is also a Certified Public Accountant of the Singapore Institute of Chartered Accountants. The appointment of Ms Beh as Deputy Chief Executive Officer will strengthen Ascott Residence Trust Management Limited's management bench strength and capabilities.
Whether appointment is executive, and if so, the area of responsibility The appointment is executive in nature. Ms Beh will assist the Chief Executive Officer in managing all aspects of Ascott
Residence Trust's business.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Deputy Chief Executive Officer
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 August 2008 Present
Head, Corporate Planning and Compliance / Financial Controller, CapitaLand China

February 2007 - July 2008
Vice President, Finance, CapitaLand Residential 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)) Yes
Shareholding interest in the listed issuer and its subsidiaries? Yes
Shareholding Details 122,800 units in Ascott Residence Trust (own name)
# 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 Not Applicable

Attachments

  1. Appendix A (Size: 11,876 bytes)
  2. Appendix B (Size: 85,473 bytes)