| Announce of Appointment of Non-Executive and Non-Independent Chairman | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | AIMS AMP CAPITAL INDUSTRIAL REIT MANAGEMENT LIMITED |
| Company Registration No. | 200615904N |
| Announcement submitted on behalf of | AIMS AMP CAP INDUSTRIAL REIT |
| Announcement is submitted with respect to * | AIMS AMP CAP INDUSTRIAL REIT |
| Announcement is submitted by * | REGINA YAP |
| Designation * | COMPANY SECRETARY |
| Date & Time of Broacast | 16-Jan-2014 18:07:45 |
| Announcement No. | 00091 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| Date of Appointment * | 16/01/2014 |
| Name * | GEORGE WANG |
| Age * | 51 |
| Country of principal residence * | Australia |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * | The Board has recommended the appointment of Mr George Wang as Non-Executive and Non-Independent Chairman of the Manager. He returns to the role of Non-Independent Chairman following the rotation between the Manager's joint venture partners, AIMS Financial Group and AMP Capital. |
| Whether appointment is executive, and if so, area of responsibility * | Non-Executive and Non-Independent |
| Job Title * | Non-Executive and Non-Independent Chairman |
| Working experience and occupation(s) during the past 10 years * | Mr George Wang is the founder and Chief Executive Officer of AIMS Financial Group ("AIMS") established in 1991. AIMS is a diversified financial services and investment group, active in the areas of mortgage lending, securitisation, investment banking, funds management, property investment, high-tech investment and AIMS also 100% owns Asia Pacific Stock Exchange in Australia. |
| Interest in the listed issuer and its subsidiaries * | Mr George Wang is deemed to have an interest in 37,649,333 units in AIMS AMP Capital Industrial REIT ("AACI REIT"). AIMS Financial Holding Limited ("AFHL") holds direct interest of 33,758,884 units in AACI REIT. Both AIMS AMP Capital Industrial REIT Management Limited ("the Manager") and AIMS AMP Capital Property Management Pte Ltd ("the Property Manager") are 50% owned by AFHL. The Manager holds direct interest of 583,607 units in AACI REIT and the Property Manager holds direct interest of 1,138,100 units in AACI REIT. AIMS Property Securities Fund ("APW", formerly known as MacarthurCook Property Securities Fund) holds direct interest of 2,168,742 units in AACI REIT. AIMS Fund Management Limited ("AIMSFM", formerly known as MacarthurCook Fund Management Limited) is the responsible entity of APW. As Mr George Wang, associated Company and Trust are the ultimate 100% owner of AFHL and AIMSFM, Mr George Wang is deemed to have an interest in the units held by AFHL, the Manager, the Property Manager and APW. |
| Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries * | NIL |
| Conflict of interest * | NIL |
| >> Other Directorship # | |
| # These fields are not applicable for announcements of appointments pursuant to Rule 704(9) | |
| Past (for the last five years) | Please refer to Appendix attached |
| Present | Please refer to Appendix attached |
| >> Information required under Rule 704(7)(h) | |
| Disclose the following matters concerning a director, chief executive officer, general manager or other executive officer of equivalent rank. If the answer to any questions is "yes", full details must be given. | |
| (a) * Whether at any time during the last 10 years, a petition under any bankruptcy laws of any jurisdiction was filed against him or against a partnership of which he was a partner? | No |
| (b) * Whether at any time during the last 10 years a petition under any law of any jurisdiction was filed against a corporation of which he was a director or key executive for the winding up of that corporation on the ground of insolvency? | No |
| (c) * Whether there is any unsatisfied judgement 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 for 3 months or more, or has been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) 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 been the subject of any criminal proceedings (including any pending criminal proceedings which he is aware of) for such breach? | No |
| (f) * Whether at any time during the last 10 years, judgement 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, misinterpretation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings which he is aware of involving an allegation of fraud, misinterpretation 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 corporation? | No |
| (h) * Whether he has ever been disqualified from acting as a director of any corporation, or from taking part directly or indirectly in the management of any corporation? | No |
| (i) * Whether he has ever been the subject of any order, judgement 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, | No |
| in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | |
| (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 |
| >> Information required under Rule 704(7)(i) | |
| Disclosure applicable to the appointment of Director only. | |
| Any prior experience as a director of a listed company? | Yes |
| If yes, please provide details of prior experience | Mr George Wang has been appointed as a Director on the Board of AIMS AMP Capital Industrial REIT Management Limited since 7 August 2009. |
| Attachment(s) | 20140116_180745_O5RU_DA4C3CC06588EB2248257C5C00125462.1.pdf 20140116_180745_O5RU_DA4C3CC06588EB2248257C5C00125462.2.pdf |
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