Brand Name
Page Title - Section Title

Media

Change - Announcement Of Appointment Of Chief Financial Officer

BackOct 31, 2018
Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Oct 31, 2018 17:40
Status New
Announcement Sub Title Appointment of Chief Financial Officer
Announcement Reference SG181031OTHRPHLQ
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 01/11/2018
Name Of Person Woo Yeng Yeng
Age 42
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) Not applicable. Mr Tan Juay Hiang, the CEO of Ascendas Hospitality Fund Management Pte. Ltd. (AHFM))(as manager of Ascendas Hospitality Real Estate Investment Trust (AHREIT)) and Ascendas Hospitality Trust Management Pte. Ltd. (AHTM) (as trustee-manager of Ascendas Hospitality Business Trust (AHBT)) is authorised to decide on the appointment of the Chief Financial Officer.

Mr Tan has reviewed and considered Ms Woo Yeng Yeng's credentials, qualifications and work experience, and is of the opinion that Ms Woo has the necessary capabilities to assume her role as the Chief Financial Officer.
Whether appointment is executive, and if so, the area of responsibility Executive.

Ms Woo will oversee the financial operations of AHTRUST, AHFM, as manager of AHREIT, and AHTM, as trustee-manager of AHBT, and their subsidiaries. Her function includes financial compliance and reporting, financial management, corporate finance and treasury management, as well as enterprise risk 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 Ms Woo has more than 20 years of experience in audit, account and finance-related work. She joined Ascendas-Singbridge (ASB) Group since August 2015 and was the Chief Financial Officer of Singbridge Pte Ltd and its subsidiaries till May 2018. She is currently Vice President, Corporate Finance of ASB Group.

From August 2006 to July 2015, Ms Woo was with UOL Group Limited and one of its subsidiaries, PARKROYAL Parramatta, where she was Assistant Financial Controller and Director of Finance respectively. At UOL Group Limited, Ms Woo was responsible for the financial and management reporting and accounting operations. At PARKROYAL Parramatta, Ms Woo was responsible for the accounting, information technology, tax and payroll functions.

Ms Woo is a Chartered Accountant of Singapore with the Institute of Singapore Chartered Accountants.

Ms Woo holds a Bachelor of Accountancy degree from the Nanyang Technological University, Singapore and a Master of Commerce (International Business) from The University of New South Wales, Australia.
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. Singbridge Pte. Ltd.
2. Ascendas-Singbridge International Pte. Ltd.
3. Singbridge International Singapore Pte. Ltd.
4. Singbridge Corporate Pte. Ltd.
5. Knowledge City Pte. Ltd.
6. Optima Investment & Development Pte. Ltd.
7. Singbridge Investment and Development Consultancy (Guangzhou) Co, Ltd.
Present Ascendas US Fund Management 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 Not applicable