Board of Directors

Mr Lim How Teck

Chairman and Non-Executive Director

Mr Lim is the chairman of Certis CISCO Security Pte. Ltd., deputy chairman of Tuas Power Ltd and an independent non-executive director of ARA, Eng Kong Holdings Limited, IFS Capital Limited, Lasseters International Holdings Limited and Mermaid Maritime Public Company Limited, all of which are listed on the SGX-ST. In addition, Mr Lim is an independent non-executive director of Rickmers Trust Management Pte. Ltd. (trustee-manager of Rickmers Maritime) and a governor of the Foundation for Development Cooperation.

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 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 Neptune Orient Lines Ltd. Prior to joining Neptune Orient Lines Ltd, he was with Plessey Singapore from 1976 to 1979, a multinational trading and manufacturing company and Coopers & Lybrand, an international accounting firm.

Mr Lim holds a Bachelor of Accountancy degree 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 as well as an Associate of the Australian Institute of Business Administration. Mr Lim was awarded the Public Service Medal (PBM) by the Singapore Government in 1999.

Mr Lim Hwee Chiang John

Non-Executive Director

Mr Lim is the group chief executive officer and an executive director of ARA. He is also a director of ARA Asset Management (Fortune) Limited (manager of Fortune REIT), ARA Trust Management (Suntec) Limited (manager of Suntec REIT), ARA Asset Management (Prosperity) Limited (manager of Prosperity REIT listed in Hong Kong) and Am ARA REIT Managers Sdn. Bhd. (manager of AmFIRST REIT listed in Malaysia) and the chairman of APM Property Management Pte. Ltd., Suntec Singapore International Convention & Exhibition Services Pte. Ltd. and the management council of Management Corporation Strata Title Plan No. 2179 (Suntec City). In addition, Mr Lim is an independent director and member of the audit committee of Teckwah Industrial Corporation Limited which is listed on the SGX-ST. He is also the vice president of the Hong Kong-Singapore Business Association, the senior vice president of the Asian Public Real Estate Association and a member of the Valuation Review Board of the Ministry of Finance of Singapore.

Mr Lim has close to 30 years of experience in real estate. Prior to founding ARA, from 1997 to 2002, he was an executive director of GRA (Singapore) Pte. Ltd., a wholly-owned subsidiary of Prudential (US) Real Estate Investors. From 1996 to 1997, he founded and was the managing director of The Land Managers (S) Pte. Ltd., a Singapore-based property and consulting firm specialising in feasibility studies, marketing and leasing. He was the general manager of the Singapore Labour Foundation Management Services Pte. Ltd. from 1991 to 1995, and was with DBS Land Limited (now part of CapitaLand Limited) from 1981 to 1990.

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

Mr Liao Chung Lik

Non-Executive Director

Mr Liao is a director of CWT and a number of private companies.

Mr Liao is currently the deputy group managing director of C&P, in charge of the C&P Group's finance and assists the C&P Group managing director in overseeing the activities of the C&P Group. Mr Liao joined C&P in 1982 and in 1994, he was promoted to deputy managing director of the C&P Group. In October 2004, Mr Liao assisted the managing director of the C&P Group in the successful acquisition of CWT.

Mr Liao holds a Bachelor of Business Administration degree from the National University of Singapore.

Mr Jimmy Yim Wing Kuen

Non-Executive Director

Mr Yim sits on the boards of Concord Energy Pte Ltd, CWT, Twentieth Century Fox Film (East) Pte Ltd, Alife Ltd, Low Keng Huat (Singapore) Ltd and Singapore Medical Group Limited.

He is currently 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 Counsel being appointed in January 1998. His practice covers a range of civil and commercial law, criminal 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 FIDRC of the Association of Banks in Singapore. He is recommended by name in the various professional journals and ranking agencies in the area of dispute resolution.

Mr Lim Ah Doo

Independent Director and Chairman of the Audit Committee

Mr Lim is an independent director and chairman of the audit committees of Sembcorp Marine Ltd and GP Industries Limited (both of which are listed on the SGX-ST), an independent director of SM Investments Corporation (a company listed on The Philippine Stock Exchange), and a director of EDB Investments Pte 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. The positions he held included executive, assistant manager, manager, associate director and director. Mr Lim became the managing director of Morgan Grenfell (Asia) Limited in 1989 and subsequently the Chairman and Managing Director in 1993, a position which he held until he left Morgan Grenfell (Asia) Limited in 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-based group. Mr Lim was formerly an independent commissioner and chairman of the audit committee of PT Indosat Tbk, a leading listed Indonesian telecommunications group. He also represented RGE Pte. Ltd. as a council member of the Singapore-Shandong Business Council and Singapore-Jiangsu Co-operation Council, and served as chairman of EDBV Management Pte. Ltd. from 2005 to 2006 and the Singapore Investment Banking Association from 1994 to 1995 (as representative of Morgan Grenfell (Asia) Limited).

Mr Lim holds a honours degree in engineering from the Queen Mary College, University of London and a Master in Business Administration degree from the Cranfield Institute of Technology.

Ms Stefanie Yuen Thio

Independent Director

Ms Thio is the joint managing director of TSMP Law Corporation and is the head of 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.

Prior to joining TSMP Law Corporation in 1998 when it was established, she practised law at Khattar Wong & Partners from 1994 to 1996, and thereafter at Yeo Wee Kiong & Partners from 1996 to 1998.

Ms Thio graduated from the National University of Singapore with an LLB (Hons) degree in 1993.

Mr Moses K. Song

Alternate Director

Mr Moses K. Song is an Alternate Director to Mr Lim Hwee Chiang John.

Mr Song has extensive experience in Asian real estate both in a principal investing and legal advisory capacity. He is currently the director, corporate business development of ARA, responsible for leading the business development efforts of the ARA Group.

Prior to joining ARA in 2009, Mr Song was a principal and served as the chief operating officer of Lubert-Adler Asia Advisors Pte. Ltd., the Asia investment platform of U.S.-based real estate private equity firm Lubert-Adler Partners, L.P., in 2008, where he was responsible for North Asia investment opportunities. Prior to that, he was with Marathon Asset Management (Singapore) Pte. Ltd., as a managing director, responsible for real estate finance and investments in Asia in 2007. He was based in Hong Kong from 2004 to 2007 with Merrill Lynch (Asia Pacific) Limited as a director in the global commercial real estate group and Morgan Stanley Asia Limited as a vice president in the investment banking division.

Mr Song began his career as a corporate and real estate finance attorney in the United States. He relocated 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 from 2001 to 2004.

Mr Song holds a Juris Doctorate from Vanderbilt University School of Law and a Bachelor of Science in economics degree from Centre College.