News

CapitaLand Malaysia Mall REIT Management Sdn. Bhd. (“CMRM” or the “Company”), as manager of CapitaLand Malaysia Mall Trust, wishes to announce the following changes to the Board and Audit Committee which will take effect from 1 April 2019: -

1. Appointment of YBhg Dato’ Mohammed Bin Haji Che Hussein as Independent Non-Executive Director and a member of the Audit Committee of CMRM

    

   YBhg Dato’ Mohammed Hussein was with the Malayan Banking Berhad (Maybank) Group for 31 years, during which time he held various senior management positions including Head of Corporate Banking, Head of Commercial Banking, Head of Malaysian Operations, Managing Director of Aseambankers Malaysia Berhad (currently known as Maybank Investment Bank Berhad) and Executive Director (Business Group). The last position held prior to his retirement from Maybank Group in January 2008 was Deputy President/Executive Director/Chief Financial Officer.

    

   Presently, he is the Independent Non-Executive Chairman of Gamuda Berhad and a member of the Corporate Debt Restructuring Committee sponsored by Bank Negara to facilitate the resolution and restructuring of major corporate debts.

    

2. Appointment of Mr Tan Boon Peng as Independent Non-Executive Director of CMRM

    

   Mr Tan was formerly the Regional Head of Equity Capital Markets at  CIMB Group where he had held various positions over a span of more than 13 years.

    

   Mr Tan began his professional career as a factory manager/engineer with the Sime Darby Group before venturing into financial services. He was an equity research analyst, over time holding various positions at several Malaysian and international stockbroking institutions including being Head of Research.

    

3. Resignation of Ms Tan Siew Bee and Dr Tay Buan Huat as Independent Non-Executive Directors and cessation of Ms Tan Siew Bee as Member of the Audit Committee of CMRM

    

   Ms Tan Siew Bee and Dr Tay Buan Huat have tendered their resignation as Independent Non-Executive Directors of CMRM with effect from 1 April 2019 after serving the Board for close to nine years since 10 June 2010.

    

   Following her resignation, Ms Tan will also relinquish her position as Member of the Audit Committee of CMRM.  

    

   The Chairman and Directors of CMRM would like to extend their thanks and appreciation to Ms Tan and Dr Tay for their contribution to the Company.

Following the aforesaid changes, the Board of Directors and Audit Committee of the Company will comprise the following members with effect from 1 April 2019:

Board of Directors

Mr David Wong Chin Huat, Chairman and Independent Non-Executive Director

Ms Low Peck Chen, Non-Independent Executive Director

Tuan Haji Rosli bin Abdullah, Independent Non-Executive Director

Mr Ng Chih Kaye, Independent Non-Executive Director

YBhg Dato’ Mohammed Bin Haji Che Hussein, Independent Non-Executive Director

Mr Tan Boon Peng, Independent Non-Executive Director

Mr (TA) Tay Boon Hwee, Non-Independent Non-Executive Director

Mr Lim Cho Pin Andrew Geoffrey, Non-Independent Non-Executive Director

Audit Committee

Tuan Haji Rosli Bin Abdullah (Chairman)

Mr Ng Chih Kaye

YBhg Dato’ Mohammed Bin Haji Che Hussein

Mr Lim Cho Pin Andrew Geoffrey

The detailed template announcements pursuant to Paragraph 9.19 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Malaysia”), in relation to the above changes, are being released separately to Bursa Malaysia.

This announcement is dated 29 March 2019.