Board of Directors

Lim How Teck

Chairman and Non-executive Director

Mr Lim How Teck is the Chairman of the Manager.

Mr Lim is the Chairman of Heliconia Capital Management Pte. Ltd. and NauticAWT Limited. He is also a governor of the Foundation for Development Cooperation and sits on the boards of Mizuho Securities (Singapore) Private Limited, Greenship Offshore Manager Private Limited, Yang Kee Logistics (Singapore) Pte Ltd and the Papua New Guinea Sustainable Development Program Company.

Currently, Mr Lim is the Chairman of Redwood International Pte. Ltd., an investment and consultancy company. From 1979 to 2005, Mr Lim was with Neptune Orient Lines Ltd ("NOL") where he held various positions, including Executive Director, Group Chief Financial Officer, Group Chief Operating Officer and Group Deputy Chief Executive Officer. He also held directorships in various subsidiaries, associated companies and investment interests of NOL. Prior to joining NOL, he was with Coopers & Lybrand, an international accounting firm, and Plessey Singapore, a multinational trading and manufacturing company.

Mr Lim holds a Bachelor of Accountancy from the University of Singapore. He also completed the Corporate Financial Management Course and Advanced Management Programme at the Harvard Graduate School of Business. In addition, he is a fellow of the Chartered Institute of Management Accountants, Certified Public Accountants Australia, the Institute of Certified Public Accountants of Singapore and the Singapore Institute of Directors. Mr Lim was awarded the Public Service Star (BBM) and the Public Service Medal (PBM) by the Singapore Government in 2014 and 1999 respectively.

Lim Hwee Chiang John

Non-executive Director

Mr Lim Hwee Chiang John is a Non-Executive Director of the Manager.

Mr John Lim is the Group Chief Executive Officer of ARA and Director of ARA Asset Management Holdings Pte. Ltd., the ultimate holding company of ARA Asset Management Limited and its subsidiaries. He is a Non-Executive Director of ARA Asset Management (Fortune) Limited, ARA Trust Management (Suntec) Limited, ARA Asset Management (Prosperity) Limited and Hui Xian Asset Management Limited. Mr Lim is also the Chairman of APM Property Management Pte. Ltd., Suntec Singapore International Convention & Exhibition Services Pte. Ltd. and the management council of The Management Corporation Strata Title Plan No. 2197 (Suntec City). In addition, Mr Lim is an Independent Director and the Chairman of the remuneration committee of Singapore-listed Teckwah Industrial Corporation Limited, the Chairman of the property management committee of the Singapore Chinese Chamber of Commerce & Industry, the Managing Director of Chinese Chamber Realty Private Limited and Director of the Financial Board of the Singapore Chinese Chamber of Commerce. He is also Chairman of the Asia Pacific Real Estate Association and the Consultative Committee to the Department of Real Estate, National University of Singapore.

Mr Lim has more than 30 years of experience in the real estate industry, and has received many notable corporate awards. These include the PERE Global Awards 2016 Industry Figure of the Year: Asia, Ernst & Young Entrepreneur Of the Year Singapore 2012, Ernst & Young Entrepreneur Of the Year - Financial Services 2012 and the Outstanding CEO of the Year 2011 at the Singapore Business Awards 2012. Mr Lim, along with the Board of Directors of ARA, is also a recipient of the prestigious Best Managed Board (Gold) Award at the Singapore Corporate Awards 2012. In 2017, he was conferred the Public Service Medal (PBM) by the President of Singapore in recognition of his contributions to the community.

Mr Lim holds a Bachelor of Engineering (First Class Honours) in Mechanical Engineering, a Master of Science in Industrial Engineering, as well as a Diploma in Business Administration, each from the National University of Singapore.

Lim Ah Doo

Lead Independent Non-Executive Director and Chairman of the Audit Committee

Mr Lim Ah Doo is the Lead Independent Non-Executive Director and Chairman of the Audit Committee of the Manager.

Mr Lim is also an Independent Non-Executive Director of GDS Holdings Limited and an Independent Non-Executive Director and Chairman of the Audit Committee of GP Industries Limited. He is also currently an Independent Non-Executive Director and Chairman of the Board, and Chairman of the Human Resources Compensation Committee and Governance and Nomination Committee of Olam International Limited. In addition, Mr Lim is an Independent Non-Executive Director and the Chairman of the Special Committee of Sembcorp Marine Limited, and an Independent Non-Executive Director and member of the Audit Committee of Singapore Technologies Engineering Ltd.

Mr Lim brings with him vast experience and wide knowledge as a former senior banker and corporate executive. He held several key positions in Morgan Grenfell during his 18-year banking career with Morgan Grenfell (Asia) Limited from 1977 to 1995, including that of Chairman and Managing Director of Morgan Grenfell (Asia) Limited from 1993 to 1995. From 2003 to 2008, he was the President and subsequently Non-Executive Vice Chairman of RGE Pte Ltd (formerly known as RGM International Pte Ltd), a leading global resource development group.

Mr Lim was formerly an Independent Director and Executive Committee member of EDBI Pte Ltd, the investment arm of the Singapore Economic Development Board, from 2006 to 2012. He was also an Independent Commissioner and Chairman of the Audit Committee of PT Indosat Tbk, a leading listed Indonesian telecommunications group, and Chairman of EDBV Pte Ltd (a subsidiary of EDBI Pte Ltd) from 2005 to 2006.

Mr Lim holds an Honours degree in Engineering from Queen Mary College, University of London, and a Master in Business Administration degree from Cranfield Institute of Technology.

Stefanie Yuen Thio

Independent Non-executive Director

Ms Stefanie Yuen Thio is an Independent Non-Executive Director and member of the Audit Committee of the Manager.

She is also the Joint Managing Director of TSMP Law Corporation and heads its corporate practice. She was admitted to the Singapore Bar in 1994 and her areas of expertise include mergers and acquisitions, equity capital markets, corporate transactions and regulatory advice. Her clients include logistics companies, REITs and REIT managers. She is regularly named by legal journals as a leading practitioner in her areas of specialisation. Ms Thio has also been appointed by the Monetary Authority of Singapore to the Corporate Governance Council 2017 to review the Code of Corporate Governance ("CG Code") and is a Fellow of the Singapore Institute of Directors. From 2014 to 2017, she was a member of the Expert Panel, Centre for Cross-Border Commercial Law in Asia. She is also a member of the Singapore Governance and Transparency Index ("SGTI") Advisory Panel from June 2016 to May 2018.

Ms Thio graduated from the National University of Singapore with an LL.B (Honours) degree in 1993.

Lim Kong Puay

Independent Non-executive Director

Mr Lim Kong Puay is an Independent Non-Executive Director and member of the Audit Committee of the Manager.

Mr Lim has also been the President and Chief Executive Officer of Tuas Power Generation Pte Ltd since 2004.

Mr Lim has many years of experience in the liberalised electricity market of Singapore in the generation, trading and retailing of electricity. He has also diversified the company's business to new areas in providing utilities such as steam, tank storage, industrial water and waste water treatment to industrial customers in the Tuas area and on Jurong Island.

Mr Lim graduated from the National University of Singapore with a Bachelor of Engineering in Mechanical Engineering in 1981. He is also a Fellow of the Institute of Engineers of Singapore and a Professional Engineer (Mechanical) registered with the Professional Engineers Board in Singapore.

Lim Lee Meng

Independent Non-executive Director

Mr Lim Lee Meng is an Independent Non-Executive Director and member of the Audit Committee of the Manager.

Mr Lim is currently an Executive Director of LeeMeng Capital Pte. Ltd. Mr Lim is also an Independent Director of Teckwah Industrial Corporation Ltd and Tye Soon Limited. He also serves as the Chairman of the Audit Committee of Teckwah Industrial Corporation Ltd and is a member of the Audit Committee of Tye Soon Limited.

Mr Lim is a fellow member of the Singapore Institute of Chartered Accountants, an associate member of the Institute of Chartered Secretaries and Administrators, and a fellow member of the Singapore Institute of Directors. He is also the Chairman of the finance committee of Ang Mo Kio Town Council and the Chairman of the School Advisory Committee of River Valley High School. Mr Lim is also the advisor to the Department of Commerce of Jiangsu Province, China.

Mr Lim graduated from the Nanyang University of Singapore with a Bachelor of Commerce (Accountancy) degree in 1980. He also holds a Master of Business Administration degree from the University of Hull (1992), a Diploma in Business Law from the National University of Singapore and an ICSA qualification from the Institute of Chartered Secretaries and Administrators.

Jimmy Yim Wing Kuen

Non-executive Director

Mr Jimmy Yim is a Non-Executive Director of the Manager. He also sits on the boards of Low Keng Huat (Singapore) Ltd and Singapore Medical Group Limited.

Mr Yim is the Deputy Chairman and concurrently the Managing Director of the Litigation & Dispute Resolution Department of Drew & Napier LLC, a leading legal practice in Singapore established since 1889. He was admitted to the Singapore Bar in 1983 and joined Drew & Napier LLC in 1989. Mr Yim is one of the earliest batches of Senior Counsels, being appointed in January 1998. His practice covers a wide range of civil and commercial law, corporate law and international commercial arbitrations.

Mr Yim is a fellow of the Singapore Institute of Arbitrators, a regional arbitrator with the Singapore International Arbitration Centre and Panel Member of Mediators for the Singapore Mediation Centre and The Financial Industry Disputes Resolution Centre Ltd of the Association of Banks in Singapore. He is recommended by name in various professional journals and ranking agencies in the area of dispute resolution.

Mr Yim holds a Bachelor of Laws (Honours) and a Master of Laws degrees from the National University of Singapore. He is also a Solicitor of the Supreme Court of England and Wales.

Loi Pok Yen

Non-Executive Director

Mr Loi was appointed to the Board of the Manager with effect from 9 February 2018.

Mr Loi has been the Group CEO of CWT since 2005. With his extensive experience in strategic and logistics business management, Mr Loi leads the CWT executive team in strengthening the CWT Group's businesses and market competitiveness for the long-term success of the CWT Group.

Prior to joining CWT, Mr Loi was responsible for the construction of warehouses and running the logistics business operations at C & P Holdings Pte Ltd.

From 1995 to 1997, he helped oversee and build Myanmar International Terminals Thilawa, Myanmar's largest port. Mr Loi has been instrumental in transforming the CWT Group into a global enterprise. In 2013, he was named EY Entrepreneur of the Year - Logistics Winner.

Mr Loi graduated from the National University of Singapore with a Bachelor of Business Administration (Honours) degree.

Moses K. Song

Alternate Director to Lim Hwee Chiang John

Mr Moses K. Song is an Alternate Director to Mr Lim Hwee Chiang John, a Non-Executive Director of the Manager.

Mr Moses K. Song is the Assistant Group Chief Executive Officer of ARA, responsible for leading the Group's general business expansion initiatives and overseeing the Group's local operations in Korea, Australia, Japan, Europe, United States and new markets. He holds the concurrent appointment of Group Chief Investment Officer and heads ARA's Group Investment Office where his responsibilities include originating and managing new business partnerships, establishing and/or acquiring new investment management platforms and maintaining strategic investment capital relationships on behalf of the firm. Mr Song serves on the investment and executive committees of ARA Private Funds and is an Executive Board Member of the Asian Association for Investors in Non-listed Real Estate Vehicles.

Prior to joining ARA, Mr Song was a Principal and Chief Operating Officer at Lubert-Adler Asia Advisors Pte. Ltd., the Asia investment platform of United States-based real estate private equity firm Lubert-Adler Partners L.P., where he was responsible for North Asia investment opportunities, and with Marathon Asset Management (Singapore) Pte. Ltd. as Managing Director responsible for real estate finance and investments in Asia. He was based in Hong Kong from 2004 to 2007 with Merrill Lynch (Asia Pacific) Ltd. as a Director in the global commercial real estate group, and Morgan Stanley Asia Ltd. as a Vice- President of Morgan Stanley International Real Estate Funds. Mr Song began his career as a corporate and real estate finance attorney in the United States. He moved to Asia in 2000 as a seconded attorney to Morgan Stanley International Real Estate Funds in Tokyo, Japan and was appointed general counsel of Morgan Stanley's real estate asset management platform in Korea in 2001.

Mr Song holds a Juris Doctor from the Vanderbilt University School of Law, USA and a Bachelor of Science in Economics from Centre College, USA. He is a member of the State Bar of Texas (inactive status).