| |
 |
 |
|
|
The Board comprises seven members, three of whom are independent non-executive Directors.
The Board principally oversees the day-to-day management of the Manager's affairs and the conduct of its business and is responsible for the overall governance of the Manager. The Board exercises its general power within the limits defined by the Articles of Association, with a view to ensuring that management discharges its duties and is compensated appropriately, and that sound internal control policies and risk management systems are maintained. The Board will also review major financial decisions and the performance of the Manager. In accordance with the REIT Code, the Manager is required to act in the best interest of the unitholders, to whom it owes a fiduciary duty. |
|
|
| Mr. CHIU Kwok Hung, Justin - Chairman |
| |
|
|
Mr. Chiu joined Cheung Kong (Holdings) Limited (“Cheung Kong”) in 1997 and has been an Executive Director since 2000, heading the real estate sales, marketing and property management team. He is also the Chairman of ARA Asset Management (Singapore) Limited, ARA Trust Management (Suntec) Limited and Al Islami Far Eastern Real Estate Fund Limited.
Mr. Chiu has more than 26 years of international experience in real estate in Hong Kong as well as other countries and is one of the most respected professionals in Hong Kong. He is also a financial columnist for two major newspapers in Hong Kong. Prior to joining Cheung Kong, Mr. Chiu was with Hang Lung Development Company Limited for 15 years from 1979 to 1994 and Sino Land Company Limited for three years from 1994 to 1997. He was responsible for retail and commercial leasing as well as property management in those companies.
Mr. Chiu holds a Bachelor of Sociology degree and a Bachelor of Economics degree from Trent University in Ontario, Canada and is a Fellow of the Hong Kong Institute of Real Estate Administration. He is also a member of the Shanghai Committee of the Chinese People’s Political Consultative Conference. |
|
 |
|
|
|
Mr. LIM Hwee Chiang - Non-executive Director |
| |
|
|
Mr. Lim is the Director and Group Chief Executive Officer of the ARA group of companies and the Director of ARA Asset Management (Singapore) Limited and ARA Trust Management (Suntec) Limited, which is the manager of Fortune Real Estate Investment Trust and Suntec Real Estate Investment Trust.
Mr. Lim has over 25 years of experience in real estate. From 1997 to 2002, Mr Lim was an Executive Director of GRA (Singapore) Private Limited (“GRA”), which is a wholly-owned subsidiary of Prudential (US) Real Estate investors. Prior to joining GRA, he was the Founder and Managing Director of The Land Managers, a Singapore-based property and consulting firm specializing in feasibility studies, marketing and leasing management in Singapore, Hong Kong, and China, from 1996 to 1997. He was also the General Manager of Singapore Labour Foundation Management Services Pte Ltd for five years from 1991 to 1995. Prior to this, he worked for DBS Land Limited (now known as CapitaLand Limited after its merger with Pidemco Land Pte Ltd), a public listed Singapore-based real estate development and investment company for 10 years from 1981 to 1990.
Mr. Lim holds an Engineering degree (First Class Honours), a Master of Science degree as well as a Diploma in Business Administration from the National University of Singapore. He also sits on the board of Teckwah Industrial Corporation Ltd (as an independent director and a member of the audit committee) and Inter-Roller Engineering Limited, both of which are publicly listed companies in Singapore. |
|
 |
|
|
|
Mr. YIP Kam Thai - Executive Director, Acting Chief Executive Officer, and a Responsible Officer of the Manager |
| |
|
|
Mr. Yip has the experience of managing Suntec REIT and Fortune REIT in an Executive Director capacity where he supported the respective CEOs in strategic planning, asset management, investment and investor relations for the REIT.
Mr. Yip started his career in listed Tuan Sing Holdings Limited in 1993 and was responsible for investment, lease management and marketing of the group’s property portfolio in Singapore, Hong Kong and China. In 1998, he co-founded and was principal partner of Maxus Holdings Pte Ltd (“Maxus”), a boutique property consultancy firm specializing in investment brokerage, and collaborating with international consultancies or local developers on leasing and project marketing work in Singapore. Thereafter, Mr. Yip became the Chief Operating Officer of a joint venture company between listed YTL Corporation Berhad and listed Sun Business Network Ltd in 2000 to develop, market and deploy the online real estate system created by Maxus to real estate companies throughout Asia. In 2003, Mr. Yip was the Vice President of Sun Business Network Ltd in charge of business development in China.
Mr. Yip holds a Bachelor of Science (Estate Management) Honours degree from the National University of Singapore. |
|
 |
|
|
|
| Mr MA Lai Chee, Gerald - Non-executive Director |
| |
|
|
Mr. Ma joined Cheung Kong in February 1996 and is currently the director, corporate strategy unit, and the chief manager, corporate business development, responsible for joint venture development and management, financial management, and investor relations management.
Mr. Ma is a director of AMTD Financial Planning Limited, iBusiness Corporation Limited, CK Communications Limited, PowerCom Network Hong Kong Limited, Beijing Net-Infinity Technology Development Co. Ltd. and mReferral Corporation (HK) Limited.
He has over 15 years of international experience in banking, investment and portfolio management, real estate sales and marketing as well as direct investment in technology related ventures. Prior to joining Cheung Kong, he was Assistant Vice President of the Citibank N.A. (now known as Citigroup) specialising in asset management and investment advisory services.
Mr. Ma holds a Bachelor of Commerce degree in Finance from the University of British Columbia, Canada. He is a committee member of both the Finance and Hospitality Services Committees for Caritas Hong Kong. He is also a member of the Chancellor’s circle of the University of British Columbia, Canada. |
|
 |
|
|
| Mr. LAN Hong Tsung, David - Independent Non-executive Director |
| |
|
|
Mr. Lan has been an Independent Non-executive Director and a member of the Audit Committee of Cheung Kong Infrastructure Holdings Limited since February 2005. He is also an Independent Non-executive Director of Hutchison Harbour Ring Limited. He is currently the Chairman of David H T Lan Consultants Ltd., and holds directorships at Nanyang Commercial Bank Ltd. and other companies, as well as a Senior Advisor of Mitsui & Co. (H.K.) Ltd. Mr. Lan was the Secretary for Home Affairs of the Hong Kong Special Administrative Region Government until his retirement in July 2000. He had served as civil servant in various capacities for 39 years. He was awarded the Gold Bauhinia Star Medal (GBS) on 1 July 2000. In January 2003, he was appointed National Committee Member of the Chinese People’s Political Consultative Conference of the People’s Republic of China. Mr. Lan is a Chartered Secretary and a fellow member of The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators. He received his Bachelor of Arts degree in Economics and Law from the University of London and completed the Advanced Management Program (AMP) of the Harvard Business School, Boston. |
|
 |
|
|
|
| Mrs. SNG Sow-Mei (PHOON Sui Moy, alias POON Sow Mei)
- Independent Non-executive Director |
| |
|
|
Mrs. Sng has been an Independent Non-executive Director and a member of the Audit Committee of Cheung Kong Infrastructure Holdings Limited since September 2004. She has been an independent director of ARA Asset Management (Singapore) Limited since 23 June 2003 and an independent director of ARA Trust Management (Suntec) Limited since 28 October 2004.
Mrs. Sng is currently the Senior Consultant (International Business) of Singapore Technologies Electronics Ltd., a member of the Singapore Technologies Engineering Ltd., which is listed on the Singapore Exchange Limited (“SGX”). Concurrently, she is an Advisor of InfoWave Pte Ltd., an associated company of ST Electronics (Info-Comm Systems) Pte Ltd., which is a wholly-owned subsidiary of Singapore Technologies Electronics Ltd. Mrs. Sng was the Director, Special Projects (North East Asia) in 2000 and a Consultant in 2001 with the Singapore Technologies Pte Ltd. Prior to these appointments, she was the Managing Director of CapitaLand Hong Kong Ltd. for investments in Hong Kong and the region including Japan and Taiwan. Mrs. Sng has spent 15 years from 1983 to 1997 in Hong Kong as the Centre Director and then as Regional Director of the Singapore Economic Development Board and Trade Development Board respectively, during which she promoted bi-lateral investment and trade between Singapore, Hong Kong and southern China. Mrs. Sng was Singapore’s Trade Commissioner in Hong Kong from 1990 to 1997.
Mrs. Sng holds a Bachelor of Arts degree from the Nanyang University in Singapore and has wide experience in various fields of industrial investment, business development, strategic and financial management, especially in property investment and management. In 1996, Mrs. Sng was conferred the title of PPA(P) – Pingat Pentadbiran Awam (Perak), the Singapore Public Administration Medal (Silver) by the former President of Singapore, Mr. Ong Teng Cheong, in recognition of her service. |
|
 |
|
|
|
| Mr. Robert Douglas POPE - Independent Non-executive Director |
| |
|
|
Mr. Pope was the director of the Lands Department under the Hong Kong Government and the Hong Kong Special Administrative Region Government for 9 years beginning in August 1993 until he retired in May 2002. During his retirement, he has carried out a small property consultancy business advising several Hong Kong clients.
Mr. Pope joined the Government in February 1970 and was in the Lands Department for 32 years during which time he served in various posts and for several years he was a member of the Sino British Land Commission. He was also a member of the Town Planning Board, the Housing Authority, the managing board of the Land Development Corporation and the supervisory board of the Hong Kong Housing Society. Mr. Pope was awarded the Order of the British Empire (OBE) in July 1997, and the Silver Bauhinia Star Medal (SBS) in July 2002 for his meritorious and dedicated service to the Government particularly in the evolution of land policy.
Mr. Pope was a fellow of the Royal Institution of Chartered Surveyors and was chairman of the Hong Kong branch. He was also a fellow of the Hong Kong Institute of Surveyors of which he was a founding member. |
|
 |
|
|
 |
|
|
|
|
|
