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Change - Announcement Of Appointment Of Chief Financial Officer ("CFO")

BackSep 17, 2019
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Sep 17, 2019 18:24
Status New
Announcement Sub Title Appointment of Chief Financial Officer ("CFO")
Announcement Reference SG190917OTHRUU9E
Submitted By (Co./ Ind. Name) Jackie Thia
Designation Company Secretary, OUE Commercial REIT Management Pte. Ltd. (as Manager of OUE Commercial REIT)
Description (Please provide a detailed description of the event in the box below) Appointment of Mr Lionel Chua ("Mr Chua") as CFO of OUE Commercial REIT Management Pte. Ltd., as manager of OUE Commercial Real Estate Investment Trust (the "Manager")
Additional Details
Date Of Appointment 17/09/2019
Name Of Person Lionel Chua
Age 47
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) The Nominating and Remuneration Committee of the Manager has reviewed the qualifications and experience of Mr Chua and it has recommended his appointment as the CFO to the Board of Directors of the Manager.

The Board of Directors of the Manager, having reviewed and considered Mr Chua's qualifications and experience, has approved his appointment as the CFO of the Manager.
Whether appointment is executive, and if so, the area of responsibility Executive. Mr Chua is responsible for the finances of OUE Commercial Real Estate Investment Trust ("OUE C-REIT"). His key role is to focus, monitor and report on the financial performance of OUE C-REIT. He is also responsible for the preparation of statutory accounts, co-ordination with external auditors, managing tax affairs and treasury matters, corporate finance and preparation of performance reports for investors and regulators.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Financial Officer
Professional qualifications Chartered Accountant of Singapore, Institute of Singapore Chartered Accountants
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 From November 2018 to September 2019:
Chief Financial Officer, OUE Hospitality REIT Management Pte. Ltd.

From May 2013 to October 2018:
Chief Financial Officer, Keppel Infrastructure Fund Management Pte. Ltd. (trustee-manager of Keppel Infrastructure Trust)

From April 2011 to May 2013:
Financial Controller, Keppel REIT Management Limited (manager of Keppel REIT)

From September 2009 to April 2011:
Chief Financial Officer, Mary Chia Holdings Limited

From November 2007 to July 2009:
Vice President, Finance, The Ascott Group 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? No
Other Principal Commitments* Including Directorships#
*"Principal Commitments" has the same meaning as defined in the Code
# 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) 1. Basslink Australia GP Pty Ltd
2. Basslink Holdings Pty Ltd
3. Basslink Pty Ltd
4. Basslink Telecoms Pty Ltd
5. CityDC Pte. Ltd.
6. City Gas Pte Ltd
7. CityLink Investments Pte. Ltd.
8. CityNet Infrastructure Management Pte. Ltd.
9. CitySpring Capital Pte. Ltd.
10. Coral Holdings Australia Pty Ltd
11. DataCentre One Pte. Ltd.
12. Keppel Merlimau Cogen Pte Ltd
13. Keppel Seghers Newater Development Co Pte. Ltd.
14. Keppel Seghers Tuas Waste-To-Energy Plant Pte. Ltd.
15. Nexus Australia Management Pty Ltd
16. Nexus Investments Australia Pty Ltd
17. Senoko Waste-To-Energy Pte. Ltd.
18. SingSpring Pte. Ltd.
Present 1. OUE H-T Treasury Pte. Ltd.
2. OUE Hospitality REIT Management Pte. Ltd.
(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? No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange N/A