Edition:
United States

Ascendas Real Estate Investment Trust (AEMN.SI)

AEMN.SI on Stock Exchange of Singapore

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15 Nov 2018
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Summary

Name Age Since Current Position

Hock San Lim

2017 Independent Chairman of the Board of Ascendas Funds Management (S) Limited

Wee Leong Tay

2018 Chief Executive Officer, Executive Director of Ascendas Funds Management (S) Limited

Kai Kwun Ko

2016 Non-Executive Vice Chairman of the Board of Ascendas Funds Management (S) Limited

Lee Sze Koo

2017 Chief Financial Officer of Ascendas Funds Management (S) Limited

Paul Toussaint

2017 Chief Executive Officer - (Australia) Ascendas Funds Management (S) Limited

Yan Harry

Head - Singapore Revenue Management of Ascendas Funds Management (S) Limited

Tan Lawden

2017 Head - Investment and Business Development of Ascendas Funds Management (S) Limited

Karen Lee

2015 Head - Singapore Portfolio Operations of Ascendas Funds Management (S) Limited

Kit Peng Yeow

2013 Head - Capital Markets & Corporate Development of Ascendas Funds Management (S) Limited

Mary de Souza

2013 Joint Secretary of Ascendas Funds Management (S) Limited

Wei Seng Hon

2015 Joint Company Secretary of Ascendas Funds Management (S) Limited

Manohar Khiatani

2016 Non-Executive Director of Ascendas Funds Management (S) Limited

Pengee Chan

2014 Independent Director of Ascendas Funds Management (S) Limited

Chiet Ping Chong

2015 Independent Director of Ascendas Funds Management (S) Limited

Sau Hoong Lim

2015 Independent Director of Ascendas Funds Management (S) Limited

Yew Meng Wong

2015 Independent Director of Ascendas Funds Management (S) Limited

Hock Huat Ee

65 2018 Non-Executive Independent Director of Ascendas Funds Management (S) Limited

Robert van Rensselaer Hecker

56 2018 Non-Executive Independent Director of Ascendas Funds Management (S) Limited

Biographies

Name Description

Hock San Lim

Mr. Lim Hock San re-designated as Independent Chairman of the Board of Ascendas Funds Management (S) Limited, the manager of Ascendas Real Estate Investment Trust with effective October 1st, 2017. Mr Lim is the President and Chief Executive Officer of United Industrial Corporation Limited, a real estate developer. Prior to that, he was the Director-General of Civil Aviation of the Civil Aviation Authority of Singapore (CAAS) from 1980 - 1992. Mr. Lim started his career in 1966 as an Assistant Tax Examiner with the then Inland Revenue Department of Singapore. He served as an Accountant of Mobil Oil Malaya Sdn Bhd since 1967 before joining the Port of Singapore Authority in 1968, working his way up to the position of Assistant Director, before joining CAAS.

Wee Leong Tay

Mr. Tay Wee Leong is Chief Executive Officer, Executive Director of Ascendas Funds Management (S) Limited., the Manager of Ascendas Real Estate Investment Trust. Mr Tay is the Executive Director and CEO of Ascendas Funds Management (S) Limited, Manager of Ascendas Reit. Prior to this, he was the Deputy CEO of Singapore and South East Asia and CEO for South Korea of the Ascendas-Singbridge Group. Mr Tay has more than 22 years of wide-ranging experience in real estate, straddling both the public and private sectors as well as Singapore and overseas. He started his career with JTC Corporation where he spent 12 years involved in the development and marketing of Ready-Built Factories, Wafer Fabrication Parks and Logistics Parks, as well as strategic and corporate planning.

Kai Kwun Ko

Mr. Ko Kai Kwun @ Ko Miguel CPA, serves as Non-Executive Vice Chairman of the Board of Ascendas Funds Management (S) Limited, the manager of Ascendas Real Estate Investment Trust., effective 1 January 2016. His working experience and occupation(s) during the past 10 years are - Jun 2015 to Present, Group Chief Executive Officer, Ascendas­Singbridge Pte Ltd, Oct 2014 to Jun 2015 - Corporate Advisor, Temasek International Advisors Pte Ltd, Sep 2012 to Aug 2015 - Non­Executive Chairman, Asia Pacific, Starwood Hotels Worldwide, Inc, Mar 2009 to Aug 2012 - Chairman & President, Asia­Pacific, Starwood Hotels Worldwide, Inc., Nov 2000 to Mar 2009 - President, Asia­Pacific, Starwood Hotels Worldwide, Inc, Jan 2000 to Nov 2000 - Deputy Chairman & CEO, CDL Hotels International.

Lee Sze Koo

Ms. Koo Lee Sze serves as Chief Financial Officer of Ascendas Funds Management (S) Limited, Manager of Ascendas Real Estate Investment Trust. As Chief Financial Officer, Lee Sze oversees financial and regulatory reporting, compliance, risk management and corporate services. She develops key business strategies together with the management team, ensures principle base governance and executes the strategies through financial management. Prior to joining the Manager, Lee Sze was the Director of Finance at Popular Holdings Limited where she was responsible for the financial accounting and reporting of various aspects of the businesses including retail and distribution, publishing and e-Learning. Lee Sze started her career in the audit and assurance division of Deloitte & Touche after graduation. She has extensive exposure in real estate, manufacturing, retail and service industries; and has more than two decades of experience in key financial and managerial roles. Lee Sze holds a Bachelor of Accountancy degree from the National University of Singapore and is a Member of the Institute of Singapore Chartered Accountants.

Paul Toussaint

Mr. Paul Toussaint has been appointed as Chief Executive Officer - (Australia) Ascendas Funds Management (S) Limited., the Manager of Ascendas Real Estate Investment Trust, effective October 3, 2017. Paul is responsible for the overall performance of Ascendas Reit’s Australian property portfolio and operations. He was previously Chief Investment Officer of Commercial & Industrial Property Pty Ltd and was responsible for the development, strategy and performance of its investment management platform. He has over 25 years of real estate experience including funds management, property investment, client relationships, asset management, valuations and development. During his 15 years with ING Real Estate, Paul was Chief Executive Officer of ING Industrial Fund, an ASX-listed REIT which invested in industrial properties, business parks and office parks located in Australia, Canada and Western Europe. Prior to his current role, Paul held senior executive positions at Logos Australia, ING Real Estate, Heine Management and Knight Frank. Paul holds a Diploma in Valuations from RMIT University in Melbourne, was appointed as a Valuer by the Valuers Qualification Board in 1988 and was admitted to the Australian Property Institute as an Associate Valuer in 1988 and Associate Land Economist in 1990.

Yan Harry

Mr. Harry Yan serves as Head - Singapore Revenue Management of Ascendas Funds Management (S) Limited, Manager of Ascendas Real Estate Investment Trust. Harry is responsible for developing and executing Ascendas Reit’s leasing strategy in Singapore. The team of business development managers, led by Harry, generates and evaluates business opportunities to improve the revenue performance for the portfolio. Harry also oversees the Property Manager, ASPL, in the marketing and leasing function and has the responsibility to maximise occupancy and gross revenue for Ascendas Reit’s properties. Harry has more than 15 years of experience in the real estate industry which includes asset management and leasing, property management and also investment and business development in Singapore and China. He holds a Bachelor of Science, Estate Management (Hons) degree from the University of Reading, UK and a Master of Science (Real Estate) from the National University of Singapore.

Tan Lawden

Mr. Lawden Tan serves as Head - Investment and Business Development of Ascendas Funds Management (S) Limited, Manager of Ascendas Real Estate Investment Trust, since 15 January 2017. Lawden is responsible for developing and executing Ascendas Reit’s investment and business development strategy. He leads the team to actively look for suitable acquisitions and development opportunities to drive the portfolio growth in Singapore and overseas market. Prior to joining the Manager, Lawden was with the Ascendas- Singbridge Group serving as Co-Head (Business Development, Singapore and Southeast Asia). Lawden has over 20 years of experience in real estate industry covering investment, development, asset management and property management. Lawden holds a Bachelor of Science (First Class Honours) in Estate Management from the University of Reading, a Master of Science in Real Estate and a Master of Business Administration from the National University of Singapore. He is a member of the Singapore Institute of Surveyors and Valuers and the Association of Property and Facility Managers.

Karen Lee

Ms. Karen Lee serves as Head - Singapore Portfolio Operations of Ascendas Funds Management (S) Limited, Manager of Ascendas Real Estate Investment Trust, since 2011. Karen oversees the portfolio management in Singapore. She is responsible for formulating and executing business strategies to maximise income for Ascendas Reit’s properties in Singapore. In addition, she oversees the Property Manager, ASPL, in the delivery of customer care and services and has the responsibility of maximising customer retention, loyalty and satisfaction. Prior to joining the Manager, Karen served as Head of Lease Operations in JTC Corporation and Vice President in Trust Company Asia in charge of client services. Karen has over 17 years of experience in the real estate industry covering various areas of industrial lease and property management and marketing in Singapore and Vietnam. Karen holds a Bachelor of Science (Economics) (Hons) degree and a Master of Science (Real Estate) from the National University of Singapore.

Kit Peng Yeow

Ms. Yeow Kit Peng serves as Head - Capital Markets & Corporate Development of Ascendas Funds Management (S) Limited, Manager of Ascendas Real Estate Investment Trust. Kit Peng drives the capital structure, funding and hedging strategy, treasury, and corporate development of Ascendas Reit. She also heads up the Investor Relations function. Kit Peng has established a strong network with both local and international financial institutions to maximise the capital market strategy of Ascendas Reit. In Investor Relations, she is intimately involved in the promotion of Ascendas Reit to investors globally. She has over 25 years of professional experience that spans across buy-side and sell-side sectors of capital markets, as well as in corporate strategies and development. Her area of exposure and experience covers Asia Pacific. Her stint includes Corporate Strategies and Development in Ascendas, followed by Associate Director of Equity Research at Standard & Poor’s. Prior to her joining the Manager, she was an Asian Property Analyst at Nomura Asset Management. Her role involved strategising on REITs and property investments in Asia Pacific. Kit Peng holds a Bachelor of Science Degree in Business Administration (major in Finance), with Honours from West Virginia University, USA.

Mary de Souza

Wei Seng Hon

Manohar Khiatani

Mr. Manohar Ramesh Khiatani serves as Non-Executive Director of Ascendas Funds Management (S) Limited, Manager of Ascendas Real Estate Investment Trust, Mr Khiatani is the Deputy Group CEO of Ascendas-Singbridge. Before joining Ascendas in 2013, Mr Khiatani served as the CEO of JTC Corporation (JTC), where he spearheaded the development of specialised infrastructure solutions for various sectors and positioned the organisation as an industrial infrastructure innovator. Prior to joining JTC in 2009, Mr Khiatani was the Deputy Managing Director at the Singapore Economic Development Board where he played an instrumental role in the development and transformation of important sectors in Singapore’s economy. Between 1994 and 1999, Mr Khiatani was the Managing Director of Preussag SEA, a diversified German conglomerate, where he was responsible for developing the group’s business in South-East Asia.

Pengee Chan

Mr. Chan Pengee serves as Independent Director of Ascendas Funds Management (S) Limited, Manager of Ascendas Real Estate Investment Trust. He is a Senior Partner at Lee & Lee and head of the Corporate Department of the firm. He joined Lee & Lee in 1989. Mr Chan serves as Vice-Chairman of the Singapore Institute of Directors and sits on the Corporate Governance and Regulations Committee of the Singapore International Chamber of Commerce. Mr Chan was appointed to the Audit Committee Guidance Committee, established by the Monetary Authority of Singapore, the Accounting and Corporate Regulatory Authority and the SGX to develop practical guidance for audit committees of SGX-listed companies and raise corporate governance standards. In addition, he has served on the Lemon Law Taskforce set up by the Ministry of Trade & Industry and CASE to make recommendations to the government on the scope and form of lemon laws in Singapore. He has also served on the Taxpayers Feedback Panel of the Inland Revenue of Singapore. Mr Chan has been elected to and serves on the Executive Council of the Association of Small and Medium Enterprises as its Honorary Secretary. In addition, he has been appointed the Honorary Legal Advisor to the Singapore Institute of Engineering Technologists and the Singapore Optometrist Association. Mr Chan is an independent director on the board of several publicly listed companies on the Singapore Stock Exchange.

Chiet Ping Chong

Ms. Chong Chiet Ping serves as Independent Director of Ascendas Funds Management (S) Limited, the manager of Ascendas Real Estate Investment Trust. Ms Chong is the Managing Partner of Small World Group Incubator Pte Ltd as well as GreenMeadows Accelerator Pte Ltd. She is appointed as the Technical Advisor (Central Gap Fund) of National Research Foundation and is involved in early stage incubation of technology companies working in conjunction with National Research Foundation Holding and Spring Seed Capital. Ms Chong had worked for 33 years with Hewlett Packard and her last position was Senior Vice President of Operations, HP Asia Pacific. Her experience includes the areas of supply chain, logistics, process and information technology re-engineering.

Sau Hoong Lim

Ms. Lim Sau Hoong serves as Independent Director of Ascendas Funds Management (S) Limited, the manager of Ascendas Real Estate Investment Trust. Ms Lim was formally the CEO and Executive Creative Director of 10AM Communications, an advertising agency that she founded in 2000. Since its founding, 10AM has garnered more than 300 awards including Cannes, the One Show, the British Designer & Art Directors club, Clio and Communication Arts. Prior to the founding of 10AM communications, she spent 12 years in both BBDO Asia (Singapore) and Ogilvy & Mather (Singapore, Beijing & Shanghai) as the head of the creative teams, attaining more than 500 awards for the two agencies. She was nominated as one of the top three most influential persons in media, marketing, and advertising in Singapore.

Yew Meng Wong

Mr. Wong Yew Meng is an Independent Director of Ascendas Funds Management (S) Limited, the manager of Ascendas Real Estate Investment Trust. Mr Wong was a Certified Public Accountant and an audit partner at PricewaterhouseCoopers, Singapore, before he retired in June 2008. He specialised in the audit of banks and financial institutions and had experience in auditing companies in a wide range of industries including manufacturing, telecommunication, IT development, trading and services. He helped build up the financial services practice in the then PriceWaterhouse, Singapore, and was the lead partner in charge of the Singapore financial services practice for 13 years.

Hock Huat Ee

Mr. Daniel Cuthbert Ee Hock Huat is Non-Executive Independent Director of Ascendas Funds Management (S) Limited, the manager of Ascendas Real Estate Investment Trust. He served for 1) Citibank Singapore Limited 2) CitySpring Infrastructure Management Pte Ltd (Trustee Manager of CitySpring Infrastructure Trust) 3) Singapore Institute of Directors 4) Surface Mount Technology (Holdings) Limited.

Robert van Rensselaer Hecker

Mr. Robert van Rensselaer Hecker is Non-Executive Independent Director of Ascendas Funds Management (S) Limited, the manager of Ascendas Real Estate Investment Trust. Mr Robert Hecker has been the Managing Director of Horwath Asia Pacific (Singapore) Pte Ltd during the past 10 years.