Corporate Profile
Established in 1991, LHN Group is a real estate management services group with the distinguishing ability to generate value for our space owners and space users through our expertise in Space Optimisation. With Facilities Management Services and Logistics Management Services complementing our core Space Optimisationbusiness, our space users can look towards our wide range of business solutions to support the growth of their businesses.
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Change - Announcement Of Appointment Of Independent Non-Executive Director
Jan 24, 2025
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Jan 24, 2025 22:26 |
| Status | New |
| Announcement Sub Title | Appointment of Independent Non-Executive Director |
| Announcement Reference | SG250124OTHR7J4U |
| Submitted By (Co./ Ind. Name) | Chong Eng Wee |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Appointment of Mr. Ang Poh Seong as Independent Non-Executive Director. |
| Additional Details | |
| Date Of Appointment | 24/01/2025 |
| Name Of Person | Ang Poh Seong |
| Age | 59 |
| Country Of Principal Residence | Singapore |
| The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process) | The Board of Directors of the Company has considered, among others, the recommendation of the Nominating Committee and has reviewed and considered the qualifications, work experience and suitability of Mr. Ang Poh Seong; in particular, in respect of his appointment as an Independent Non-executive Director, chairman of the Nominating Committee and a member of both the Audit Committee and the Remuneration Committee of the Company. The Board is satisfied that Mr. Ang Poh Seong is independent and possesses the requisite experience and capabilities to assume the responsibilities of an Independent Non-executive Director and the chairman of the Nominating Committee of the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Non-Executive |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Independent Non-Executive Director, chairman of the NC and a member of both the AC and the RC of the Company. |
| Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries | No |
| Conflict of interests (including any competing business) | No |
| Working experience and occupation(s) during the past 10 years | Chief Executive Officer and Executive Director of Viva Investment Management Pte. Ltd. from August 2011 to March 2012 Executive Director of Viva Investment Management Pte. Ltd. from April 2012 to January 2024 Chief Executive Officer and Executive Director of Viva Industrial Trust Management Pte. Ltd. from March 2012 to November 2018 Director of Genesis Sunshine Sdn Bhd from January 2013 to June 2022 Executive Director of Viva Real Estate Asset Management Pte. Ltd. from October 2018 to July 2021 Senior Advisor of ESR-REIT Management (S) Limited (formerly known as ESR Funds Management (S) Limited) from November 2018 to November 2019 Group Chief Executive Officer and Executive Director of OT Group Pte. Ltd. from November 2019 to June 2021 Non-Executive Director of ESR-REIT Management (S) Limited (formerly known as ESR Funds Management (S) Limited) from January 2019 to June 2023 Chief Executive Officer and Executive Director of Raffles Financial Asset Management Pte. Ltd. from August 2021 to March 2023 Director of Maxi Capital Pte. Ltd. from June 2011 to June 2024 Director of Resilience Capital Pte. Ltd. from March 2021 to present. |
| 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) | Director of Maxi Capital Pte. Ltd. from June 2011 to June 2024. Executive Director of Viva Investment Management Pte. Ltd. from April 2012 to January 2024. Director of Genesis Sunshine Sdn. Bhd. from January 2013 to June 2022 Executive Director of Viva Real Estate Asset Management Pte. Ltd. from October 2018 to July 2021. Group Chief Executive Officer and Executive Director of OT Group Pte. Ltd. from November 2019 to June 2021. Non-Executive Director of ESR-REIT Management (S) Limited (formerly known as ESR Funds Management (S) Limited) from January 2019 to June 2023. Chief Executive Officer and Executive Director of Raffles Financial Asset Management Pte. Ltd. from August 2021 to March 2023. |
| Present | Director of Resilience Capital Pte. Ltd. from March 2021 to Present |
| (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 an issuer listed on the Exchange? | Yes |
| If Yes, Please provide details of prior experience | Mr. Wilson Ang was previously a non-executive director of ESR-REIT Management (S) Limited (formerly known as ESR Funds Management (S) Limited), the manager of SGX-ST listed ESR-REIT (Singapore Stock Code: J91U) from January 2019 to June 2023. |