Email This Print This News

Changes In Boardroom - Composition of Board of Directors

BackSep 19, 2014
Type Announcement
Subject OTHERS
Description CHANGES IN BOARDROOM

CapitaMalls Malaysia REIT Management Sdn. Bhd. (the “Company”), as Manager of CapitaMalls Malaysia Trust (“CMMT”), wishes to announce the following boardroom changes and the appointment of deputy chief executive officer of the Company: -

(a)             Appointment of Mr Jason Leow Juan Thong as Alternate Director to Mr Ho Chee Hwee Simon and Mr Ng Kok Siong

Mr Jason Leow Juan Thong has been appointed as chief executive officer (“CEO”) of CapitaMalls Asia Limited (“CMA”), taking over from Mr Lim Beng Chee who has tendered his resignation as CEO of CMA. Mr Leow joined CapitaLand Group in 1994 and has been based in China for the last 13 years. He was appointed CEO, CapitaLand China in 2009 and has since led the China teams in streamlining as well as growing the residential and integrated development businesses including the development and operations of the eight Raffles City projects in China.  

(b)             Appointment of Ms Low Peck Chen as Alternate Director to Ms Lim Hwee Li and Deputy Chief Executive Officer (“CEO”)

Ms Low Peck Chen is currently the Head of Finance and she will assume the role as Deputy CEO of the Company with effect from 1 October 2014. Ms Low has more than 14 years of experience in finance and accounting and her responsibilities have covered corporate finance, investor relations, tax, treasury, consolidation and compliance, as well as finance-related support for acquisition and divestment activities. She has also actively participated in corporate fund raising in the capital and debt markets and successfully brokered numerous financing and refinancing deals. She was part of the core team that spearheaded the listing of CMMT on the Main Market of Bursa Malaysia Securities Berhad.

(c)             Cessation of Mr Lim Beng Chee as Alternate Director to Mr Ho Chee Hwee Simon and Mr Ng Kok Siong

               Mr Lim Beng Chee has served the Board since 1 November 2008 and has relinquished his role as Alternate Director to Mr Ho Chee Hwee Simon and Mr Ng Kok Siong following his resignation as CEO of CMA.

Following the aforesaid changes, the Board of Directors of the Company wil comprise the following members:

Board of Directors

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

Tuan Haji Rosli bin Abdullah, Independent Non-Executive Director

Mr Foo Wei Hoong, Non-Independent Non-Executive Director

Mr Ho Chee Hwee Simon, Non-Independent Non-Executive Director

[Alternate Director : Mr Jason Leow Juan Thong, Non-Independent Non-Executive Director]

Mr Ng Chih Kaye, Independent Non-Executive Director

Mr Ng Kok Siong, Non-Independent Non-Executive Director

[Alternate Director : Mr Jason Leow Juan Thong, Non-Independent Non-Executive Director]

Ms Tan Siew Bee, Independent Non-Executive Director

Mr Peter Tay Buan Huat, Independent Non-Executive Director

Ms Sharon Lim Hwee Li, Non-Independent Executive Director

[Alternate Director : Ms Low Peck Chen, Non-Independent Executive Director]

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 19 September 2014.

 


Announcement Info

Company Name CAPITAMALLS MALAYSIA TRUST  
Stock Name CMMT    
Date Announced 19 Sept 2014  
Category General Announcement
Reference No CM-140804-54226