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Change - Announcement Of Appointment Of Chief Financial Officer

BackJul 27, 2017
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Jul 27, 2017 17:26
Status New
Announcement Sub Title Appointment of Chief Financial Officer
Announcement Reference SG170727OTHR3KBD
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 Chief Financial Officer
Additional Details
Date Of Appointment 28/07/2017
Name Of Person Tan Choon Siang (Chen JunXiang)
Age 41
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) Not applicable, as Mr Sanjeev Dasgupta, the CEO of Ascendas Property Fund Trustee Pte. Ltd. (APFT), in its capacity as Trustee-Manager of Ascendas India Trust (a-iTrust), is authorised to decide on such appointment.

Mr Dasgupta has determined the proposed appointment of Mr Tan as the new Chief Financial Officer of APFT, in its capacity as Trustee-Manager of a-iTrust, and its subsidiaries to be appropriate, after evaluating his credentials, qualifications and work experience. Mr Dasgupta also believes that Mr Tan has the necessary capabilities to assume his new role as the Chief Financial Officer.
Whether appointment is executive, and if so, the area of responsibility Executive

Mr Tan will oversee the financial operations of APFT, in its capacity as Trustee-Manager of a-iTrust, and its subsidiaries. This includes financial compliance and reporting, financial management, corporate finance and treasury management.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Financial Officer
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 Tan was the Head of Corporate Finance & Treasury at Ascendas-Singbridge Pte. Ltd. since April 2016, where he oversaw the Group s corporate finance and treasury activities across the region.

Prior to that, he was the Vice President of Corporate Finance at Genting Singapore Plc, a company listed on the Main Board of the Singapore Exchange Securities Trading Limited. At Genting Singapore, he was responsible for the company's investments, financing and treasury functions. Mr Tan joined Genting Singapore in 2011 and held various positions within the company including Vice President of Investments and Director of Corporate Planning.

Between 2006 and 2011, Mr Tan was at Goldman Sachs in Hong Kong and Singapore where he was an Executive Director in the Securities Division.

Mr Tan holds a Master's Degree in Economics from Massachusetts Institute of Technology and a Bachelor of Science in Economics from Massachusetts Institute of Technology.
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) Nil
Present 1. ACCBP Holding Pte. Ltd.
2. Ascendas Jiahui Trustee Pte. Ltd.
3. ACCBP 1 Pte. Ltd.
4. Ascendas Chengshan Investment Pte. Ltd.
5. Ascendas Singapore-Hangzhou Science & Technology Park III Pte. Ltd.
6. Ascendas Singapore-Hangzhou Science & Technology Park IV Pte. Ltd.
7. Xi An Business Park III Pte. Ltd.
8. Ascendas India Fund Holdings Pte. Ltd.
9. Ascendas India Growth Programme 1 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 a listed company? No
If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company N.A.