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Jan 15, 2010
Press Release: Manager of Frasers Centrepoint Trust appoints CEO designate (Dr Chew Tuan Chiong)
| Appointment Details | ||
| Date of Appointment | 18/01/2010 | |
| Name | CHEW TUAN CHIONG (DR) | |
| Age | 53 | |
| Country of principal residence | Singapore | |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Dr Chew's planned appointment as Frasers Centrepoint Trust's ("FCT") dedicated CEO is in line with the objective of implementing best practices in corporate governance at FCT. | |
| Whether appointment is executive, and if so, area of responsibility | Executive. Work closely with the Board to determine the overall business and investment strategy of the REIT. General Management, including managing (i) the finances of the REIT and fund raising, (ii) resources of the REIT and (iii) public relations; and ensuring compliance with policies and regulations. Oversee (i) management of the assets of the REIT, (ii) management of property investment by the REIT and (iii) property management. |
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| Job Title | NA | |
| Working experience and occupation(s) during the past 10 years | Chief Executive, Singapore Science Centre since 1995. | |
| Interest in the listed issuer and its subsidiaries | Nil | |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil | |
| Conflict of interest | Nil | |
| Other Directorship | ||
| Past (for the last five years) | 2000-2007 Non-Executive Directors, Snow Venture Pte Ltd 1999-2010 Non-Executive Chairman, Science Centre Holdings Pte Ltd |
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| Present | From 2005 Non-Executive Director, Goh Foundation From 2007 Non-Executive Director, Industrial and Services Cooperative From 2003 Non-Executive Director, Association of Science and Technology Centres Inc Washington, US |
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| Information required pursuant to Listing Rule 704(7)(h) | ||
| a. | Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner? | No |
| b. | Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency? | No |
| c. | Whether there is any unsatisfied judgement 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 for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) 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 been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach? | No |
| f. | Whether at any time during the last 10 years, judgement 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, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation 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 corporation? | No |
| h. | Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation? | No |
| i. | Whether he has ever been the subject of any order, judgement 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 |
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| (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 |
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| (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 |
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| (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, | No |
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| in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | ||
| 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 |
| Information required pursuant to Listing Rule 704(7)(i) | ||
| Any prior experience as a director of a listed company? | ||
| Other Notes | ||
| Footnotes | Dr Chew Tuan Chiong commences appointment as CEO-Designate on 18 January 2010 and will take over as CEO with effect from 1 March 2010. | |
15 Jan 2010 | PDF 44,475 kb
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