Newsroom
Announcement Of Appointment Of Non-Executive Director
BackFeb 07, 2014
| Appointment Details | ||
| Date of Appointment | 07/02/2014 | |
| Name | Chng Kiong Huat | |
| Age | 52 | |
| Country of principal residence | Singapore | |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | Mr Chng is currently the Executive Director of the Property Services Division of Far East Organization ("FEO"). As the head of the division, he has oversight and direct accountability for product development, project management, quality management, customer service, estate management and property enhancement of all real estate under FEO. Over a 21-year period from 1993 to current, he has held various positions within FEO and is presently an Executive Director of the Property Services Division. Mr Chng has a Bachelor of Arts (Architecture Studies) and a Bachelor of Architecture (Hons) from the National University of Singapore and a LLB (Hons) from the University of London. He has also completed the Stanford Executive Program from Stanford University. He was conferred as a registered architect by the Singappore Board of Architects in 1996. FEO Hospitality Asset Management Pte. Ltd., as manager of Far East Hospitality Real Estate Investment Trust (the "REIT Manager"), and FEO Hospitality Trust Management Pte. Ltd., as trustee-manager of Far East Hospitality Business Trust (the "Trustee-Manager", and together with the REIT Manager, the "Managers"), is confident that Mr Chng will be able to contribute significantly to Far East Hospitality Trust ("Far East H-Trust"). | |
| Whether appointment is executive, and if so, area of responsibility | Mr Chng is appointed as a Non-Executive Director. | |
| Job Title | Non-Independent Director | |
| Working experience and occupation(s) during the past 10 years | September 2009 to current: Executive Director of Property Services Division, FEO January 2008 to September 2009: Director of Development and Planning Department, FEO March 2007 to December 2007: Director of Projects & Estates, FEO Feburary 2006 to February 2007: Deputy Director of Project Development, FEO January 2003 to January 2006: Assistant Director of Project Development Department, FEO April 2001 to December 2002: Senior Manager of Project Development Department, FEO |
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| Shareholding in the listed issuer and its subsidiaries | 100,000 stapled securities in Far East H-Trust. | |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil | |
| Conflict of interest | Nil | |
| Other Directorship | ||
| Past (for the last five years) | Nil | |
| Present | Far East SOHO International Pte. Ltd. Far East SOHO Pte. Ltd. FCL Peak Pte. Ltd. Precious Sand Pte. Ltd. TrustHouse Pte. Ltd. Yishun Gold Pte. Ltd. |
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| Information required pursuant to Listing Rule 704(7)(h) | ||
| a. | Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner? | No |
| b. | Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency? | No |
| c. | Whether there is any unsatisfied judgement 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 for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) 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 been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach? | No |
| f. | Whether at any time during the last 10 years, judgement 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, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation 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 corporation? | No |
| h. | Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation? | No |
| i. | Whether he has ever been the subject of any order, judgement 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 |
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| (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 |
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| (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 |
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| (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, | No |
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| in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | ||
| 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 |
| Information required pursuant to Listing Rule 704(7)(i) | ||
| Any prior experience as a director of a listed company? | No | |
| If yes, please provide details of prior experience. | Mr Chng has taken a day seminar on "Understanding the regulatory environment in Singapore: What Every Director ought to know" conducted by the Singapore Institute of Directors on 16 January 2014. |
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