News
Change - Announcement Of Appointment Of Chief Financial Officer
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Sep 1, 2022 17:43 |
| Status | New |
| Announcement Sub Title | Appointment of Chief Financial Officer |
| Announcement Reference | SG220901OTHRMRVO |
| Submitted By (Co./ Ind. Name) | Takeshi Fujita |
| Designation | Executive Director and CEO |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Chief Financial Officer ("CFO"). DBS Bank Ltd. was the Sole Financial Adviser, and DBS Bank Ltd. and Nomura Singapore Limited were the Joint Issue Managers for the initial public offering of Daiwa House Logistics Trust ("DHLT"). |
| Additional Details | |
| Date Of Appointment | 01/09/2022 |
| Name Of Person | Natalie Wong Chin Ping |
| Age | 46 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | The Board reviewed and assessed the qualifications, experience and suitability of Ms Natalie Wong Chin Ping ("Ms Wong"), is satisfied that Ms Wong possesses the requisite qualifications and capabilities to assume the responsibilities as the Chief Financial Officer. |
| Whether appointment is executive, and if so, the area of responsibility | Executive. Ms Wong is responsible for applying the appropriate capital management strategy, including tax and treasury matters, as well as the finance and accounting matters, overseeing implementation of DHLT's short and medium-term business plans, fund and asset management activities and financial condition. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Chief Financial Officer |
| Professional qualifications | Chartered Accountant from Institute of Singapore Chartered Accountants ("ISCA") |
| 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 | No |
| Conflict of interests (including any competing business) | No |
| Working experience and occupation(s) during the past 10 years | September 2020 to August 2022 City Developments Limited - Senior Vice President, Capital Markets Oversaw the capital raising, structuring, financial management and compliance for both capital market transactions in both public and private space. October 2016 to August 2020 OUE Commercial REIT Management Pte. Ltd. - Head of Treasury and Corporate Finance/Chief Financial Officer Responsible for all treasury and capital management. Responsible for financial management functions. Oversaw all matters relating to financial reporting and controls, treasury and tax. Responsible for evaluating investment opportunities, fund raising activities, risk management and compliance matters. August 2008 to October 2016 Mapletree Logistics Trust Management Ltd. - Head of Treasury Oversaw capital management and corporate finance responsibilities for Mapletree Logistics 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 |
| # 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. Plutus Gold Pte. Ltd. 2. Plutus Silver Pte. Ltd. 3. Ultimate Cobalt Pte. Ltd. 4. Ultimate Emerald Pte. Ltd. 5. Ultimate Gems Holdings Pte. Ltd. 6. Ultimate Jade Pte. Ltd. 7. Ultimate Moonstone Pte. Ltd. 8. Ultimate Pearl Pte. Ltd. 9. Ultimate Quartz Pte. Ltd. 10. Ultimate Ruby Pte. Ltd. 11. Ultimate Sapphire Pte. Ltd. 12. Ultimate Topaz Pte. Ltd. 13. Ultimate Turquoise Pte. Ltd. |
| Present | 1. DH-Crux Pte. Ltd. 2. DH-Crux2 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 | Not applicable |
| Please provide details of relevant experience and the nominating committee's reasons for not requiring the director to undergo training as prescribed by the Exchange (if applicable) | Not applicable |
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