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Change - Announcement Of Appointment Of Independent Director

BackSep 28, 2018
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Sep 28, 2018 17:21
Status New
Announcement Sub Title Appointment of Independent Director
Announcement Reference SG180928OTHR44ZK
Submitted By (Co./ Ind. Name) Mary Judith de Souza
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Appointment of Mr Daniel Cuthbert Ee Hock Huat as Independent Director.
Additional Details
Date Of Appointment 01/10/2018
Name Of Person Daniel Cuthbert Ee Hock Huat
Age 65
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) The nomination of Mr Daniel Ee as an Independent Director of Ascendas Funds Management (S) Limited was reviewed and endorsed by the Nominating and Remuneration Committee ("NRC"), taking into consideration the current Board size and composition, including the diversity of skills, experience, gender and knowledge which the appointee can provide. Mr Daniel Ee is considered an Independent Director, for the purposes of the applicable laws, rules and guidelines, including but not limited to the SGX-ST Listing Rules and the Code of Corporate Governance. The Board has reviewed and approved Mr Daniel Ee's appointment as an Independent Director.
Whether appointment is executive, and if so, the area of responsibility Non-executive
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Independent Director
Member, Audit and Risk Committee
Member, Investment Committee
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries Nil
Conflict of interests (including any competing business) Nil
Working experience and occupation(s) during the past 10 years Mr Daniel Ee has served as a non-executive director of various listed and non-listed companies, over the past 10 years.
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? Yes
Shareholding Details 20,000 units in Ascendas Real Estate Investment Trust
# 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) Citibank Singapore Limited
2) CitySpring Infrastructure Management Pte Ltd (Trustee Manager of CitySpring Infrastructure Trust)
3) Singapore Institute of Directors
4) Surface Mount Technology (Holdings) Limited
Present 1) Keppel Infrastructure Fund Management Pte Ltd (Trustee Manager of Keppel Infrastructure Trust)
2) Olive Tree Estates Limited
3) Singapore Mediation Centre
(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 a listed company? Yes
If Yes, Please provide details of prior experience Mr Daniel Ee is currently an independent director of the following companies :

1) Keppel Infrastructure Fund Management Pte Ltd (Trustee Manager of Keppel Infrastructure Trust)
2) Olive Tree Estates Limited