News
Change - Announcement Of Appointment Of Chief Financial Officer
BackJun 28, 2019
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Jun 28, 2019 18:21 |
| Status | New |
| Announcement Sub Title | Appointment of Chief Financial Officer |
| Announcement Reference | SG190628OTHRL8CP |
| Submitted By (Co./ Ind. Name) | Salvatore Gregory Takoushian |
| Designation | Executive Director and CEO |
| Description (Please provide a detailed description of the event in the box below) | Please refer to the attached. DBS Bank Ltd. was the sole financial adviser and issue manager for the initial public offering of Eagle Hospitality Trust ("EHT"). DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., UBS AG, Singapore Branch and BNP Paribas, acting through its Singapore branch are the joint global coordinators for the initial public offering of EHT. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., UBS AG, Singapore Branch, BNP Paribas, acting through its Singapore branch, Deutsche Bank AG, Singapore Branch and Jefferies Singapore Limited are the joint bookrunners and underwriters for the initial public offering of EHT. |
| Additional Details | |
| Date Of Appointment | 29/06/2019 |
| Name Of Person | Fred Chee Kin Yuen |
| Age | 53 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The Board of Directors having considered (i) the recommendations of both the Audit and Rick Committee and Nominating and Remuneration Committee; and (ii) the qualifications and experience of Mr. Fred Chee Kin Yuen ("Mr. Fred Chee"), is of the view that Mr. Fred Chee has the requisite experience and capabilities to assume the role of Chief Financial Officer. |
| Whether appointment is executive, and if so, the area of responsibility | Executive. Responsible for finance-related matters, including corporate finance, financial planning, accounting, budgetary controls, treasury, tax, internal control and compliance reporting of Eagle Hospitality Trust ("EHT"). The Listed Issuer, EHT, is a stapled group comprising Eagle Hospitality Real Estate Investment Trust ("EH-REIT") and Eagle Hospitality Business Trust ("EH-BT"). Each Stapled Security comprises one unit in EH-REIT stapled to one unit in EH-BT. EH-REIT is managed by Eagle Hospitality REIT Management Pte. Ltd. while EH-BT is managed by Eagle Hospitality Business Trust Management Pte. Ltd. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| 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 | August 2009 - March 2013: Finance Director of ARA Managers (Asia Dragon) Pte Ltd (as Manager of ARA Asia Dragon Fund, the ARA Group s flagship private real estate fund) April 2013 - March 2018: Chief Financial Officer, China of Sunway Berhad March 2018 - May 2019: last position held as Chief Financial Officer of Sasseur Asset Management Pte. Ltd. (as Manager of Sasseur Real Estate Investment Trust) |
| 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). |
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| Past (for the last 5 years) | 1. Metaclaud Sdn Bhd 2. Mglory Pte. Ltd. 3. Sunway Daechang Forging (Anhui) Co. Ltd. 4. Sunway Guanghao Real Estate (Jiangyin) Co. Ltd. 5. Sunway City (S'pore) Pte. Ltd. 6. Sunway Real Estate (China) Limited 7. Sunway Global Limited 8. Sunway TCA Asia Realty (STAR) Pte. Ltd. 9. Sunway Spun Pile (Zhuhai) Co. Ltd. 10. Sunway Global Investment Pte Ltd 11. Sunway Hydraulic Industries (Wunu) Co Ltd 12. Tianjin Eco-city Sunway Property Development Co. Ltd. |
| Present | Nil |
| (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 |
Attachments
- Press Release (Size: 148,477 bytes)