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Change - Announcement Of Appointment Of Alternate Director
BackJun 03, 2022
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Jun 3, 2022 7:52 |
| Status | New |
| Announcement Sub Title | Announcement of Appointment of Alternate Director |
| Announcement Reference | SG220603OTHRJP7K |
| Submitted By (Co./ Ind. Name) | Adrian Chui |
| Designation | CEO & Executive Director |
| Description (Please provide a detailed description of the event in the box below) | Please refer to attached announcement. |
| Additional Details | |
| Date Of Appointment | 03/06/2022 |
| Name Of Person | Philip John Pearce |
| Age | 55 |
| 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) | Alternate Director to Mr Jeffrey David Perlman, Non-Executive Director of ESR-LOGOS Funds Management (S) Limited. |
| Whether appointment is executive, and if so, the area of responsibility | Not applicable |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Alternate Director to Mr Jeffrey David Perlman, Non-Executive Director of ESR-LOGOS Funds Management (S) Limited. |
| Professional qualifications | Not applicable |
| 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 | Mr Pearce is the CEO of ESR Australia, an indirect subsidiary of ESR Cayman Limited. |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | Mr. Pearce has extensive real estate experience in the Asia Pacific Region. He is currently the CEO of ESR Australia where he has been responsible for the establishment of the Group's Australian Business. Prior to joining ESR, he established Goodman Group's business in China, as Managing Director, Greater China where he was responsible for US$5 billion of assets across Hong Kong and China. Mr. Pearce was a Director on the board of Goodman Group from 1 January 2013 until July 2016. Mr. Pearce was seconded to Ascendas-MGM Pte Ltd the manager of Ascendas Real Estate Investment Trust from October 2002 to July 2006 where he held the position of portfolio manager. Prior to joining Goodman Mr. Pearce held various roles at AMP Henderson Global Investors in Sydney including valuation, asset management and fund management. |
| 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) | Propertylink Group which was listed until 26 April 2019 |
| Present | ESR Real Estate (Australia) Pty 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 an issuer listed on the Exchange? | Yes |
| If Yes, Please provide details of prior experience | Mr Pearce was an Executive Director of the Australian Stock Exchange listed Goodman Group from January 2013 to July 2016. He was also a Non-Executive Director of ESR-LOGOS Funds Management (S) Limited, REIT Manager of ESR-LOGOST REIT, from 5 April 2017 to 2 June 2022. |