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Mar 07, 2018

Change - Announcement Of Appointment Of Chief Financial Officer

Announcement Title Change - Announcement of Appointment
Date & Time of Broadcast Mar 7, 2018 17:40
Status New
Announcement Sub Title Announcement of Appointment of Chief Financial Officer
Announcement Reference SG180307OTHRY7V7
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Appointment of Chief Financial Officer (Interim)
Additional Details
Date Of Appointment 08/03/2018
Name Of Person Foo Meei Foon
Age 43
Country Of Principal Residence Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) Ms Foo was previously the Chief Financial Officer of Frasers Hospitality Asset Management Pte. Ltd. ("FHAM") and Frasers Hospitality Trust Management Pte. Ltd. ("FHTM"), the manager of Frasers Hospitality Real Estate Investment Trust ("FH-REIT") and the trustee-manager of Frasers Hospitality Business Trust ("FH-BT") respectively, from 14 July 2014 to 31 December 2016. The Board of Directors is of the view that Ms Foo has the requisite experience and capability for the role of Interim Chief Financial Officer of FHAM and FHTM. In the meantime, FHAM and FHTM have commenced their search for a suitable candidate for the role of Chief Financial Officer on a permanent basis.
Whether appointment is executive, and if so, the area of responsibility The appointment is executive.

Ms Foo, as Interim Chief Financial Officer, will be responsible for the financial and capital management of Frasers Hospitality Trust, FH-REIT and FH-BT, in the interim period during the search for a suitable candidate.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) Chief Financial Officer (Interim)
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 From 1 January 2017 - Chief Finance Officer, Frasers Hospitality Pte. Ltd.
From October 2009 to December 2016 - Regional Financial Controller, Frasers Hospitality Pte. Ltd.
From March 2007 to October 2009 - Regional Financial Manager, Frasers Hospitality Pte. Ltd.
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 66,000 Stapled Securities
# 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) Please refer to Appendix 1 to this announcement.
Present Please refer to Appendix 1 to this announcement.
(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
Appendix 1

07 Mar 2018 | PDF 11,704 kb

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