News

CapitaLand Malaysia REIT Management Sdn. Bhd. ("CMRM" or the "Company"), as manager of CapitaLand Malaysia Trust, wishes to announce the following changes to the Board, Nominating and Remuneration Committee and Executive Committee with effect from 5 June 2023:

(a) Appointment of Ms Goh Gek Hiang (Wu YuXian) (also known as Patricia Goh) as a Non-Executive Non-Independent Director and a member of the Executive Committee of CMRM

Ms Patricia Goh is the Chief Executive Officer, South-East Asia Investment of CapitaLand Investment Limited ("CLI"). She joined CLI in March 2022. She has been playing a key role in building the Southeast Asia investment platform and has launched an Asia-focused dominant self-storage platform and set up strategic partnerships to establish a CapitaLand SEA Logistics Fund ("CSLF").

Prior to this role, Ms Patricia Goh was the Head, Group Investment at Frasers Property Limited, where she helped formulate corporate and investment strategies including for e.g., the formation and scaling up of the Group's industrial & logistics multinational platform to S$7.5B, propelling Frasers Singapore to top 2 largest suburban retail player in Singapore with the acquisition of S$3.2B suburban retail portfolio, led merger of Frasers Logistics Trust and Frasers Commercial Trust to form Frasers Logistics & Commercial Trust which became top 10 largest S-REIT by market capitalisation and completed Singapore office S$450M recap deal with a pension fund.

Prior to Frasers Property, Ms Patricia Goh was with Ascendas Fund Management Ltd (the manager of Ascendas REIT) holding a dual role as Managing Director & Investment Head and Revenue Management Head where she led the teams in delivering investment, asset enhancement initiatives (AEIs) & revenue targets for portfolio of more than 100 business space properties. Ms Patricia Goh brings along with her over 17 years of direct investment, mergers & acquisitions, asset management and leasing experience across multiple asset classes and geographies and has executed more than S$16B worth of transactions over the years.

(b) Resignation of Mr Yap Neng Tong (also known as Jonathan Yap) as a Non-Executive Non-Independent Director and cessation as Chairman of the Executive Committee and a member of the Nominating and Remuneration Committee of CMRM

Mr Jonathan Yap has tendered his resignation as a Non-Executive Non-Independent Director of the Company due to his other commitments and responsibilities in assuming his role as the Chief Executive Officer of CapitaLand Development, the development arm of CapitaLand Group.

Following his resignation, Mr Jonathan Yap will relinquish his position as the Chairman of the Executive Committee and a Member of the Nominating and Remuneration Committee of CMRM. Meanwhile, Mr Lim Cho Pin Andrew Geoffrey will be re-designated as Chairman of the Executive Committee and be appointed as a Member of Nominating and Remuneration Committee.

The Chairman and Directors of CMRM would like to extend their thanks and appreciation to Mr Jonathan Yap for his contributions to the Company.

Following the aforesaid changes, the Board of Directors, Nominating and Remuneration Committee and Executive Committee of the Company will comprise the following members with effect from 5 June 2023:

Board of Directors
Mr Lui Chong Chee, Chairman and Non-Executive Independent Director
Mr Foo Wei Hoong, Non-Executive Independent Director
Mr Tan Boon Peng, Non-Executive Independent Director
En Mohd Yusof Bin Hussian, Non-Executive Independent Director
Ms Tan Ming-Li, Non-Executive Independent Director
Mr Lim Cho Pin Andrew Geoffrey, Non-Executive Non-Independent Director
Ms Goh Gek Hiang (Wu YuXian), Non-Executive Non-Independent Director
Mr Tan Choon Siang, Executive Non-Independent Director and Chief Executive Officer

Nominating and Remuneration Committee
Mr Tan Boon Peng (Chairman)
Mr Lui Chong Chee (Member)
Mr Lim Cho Pin Andrew Geoffrey (Member)

Executive Committee
Mr Lim Cho Pin Andrew Geoffrey (Chairman)
Ms Goh Gek Hiang (Wu YuXian) (Member)
Mr Tan Choon Siang (Member)

The detailed template announcements pursuant to Paragraph 9.19 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Malaysia"), in relation to the above changes, are being released separately to Bursa Malaysia.

This announcement is dated 5 June 2023.