The Manager
Board of Directors
Management Team
Property Managers
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2,737,000
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1.23
Low:
1.21
Change:
0.005
Closing:
1.215
The Manager is a wholly-owned subsidiary of ARA Asset Management Limited (“ARA”), a real estate fund management company listed on the Main Board of the SGX-ST, and is an affiliate of the multinational conglomerate Cheung Kong Group.

ARA currently manages REITs listed in Singapore, Hong Kong and Malaysia with a diversified portfolio spanning the office, retail and industrial/office sectors, as well as private real estate funds investing in real estate in Asia. ARA also provides real estate management services, including property management services, convention & exhibition services and corporate finance advisory services. As at 31 December 2010, ARA's total assets under management was approximately S$16.9 billion.

The Manager is responsible for the management and administration of Suntec REIT, as well as the implementation of Suntec REIT’s strategic long-term growth.
The Manager's principal investment strategy is to invest in income-producing real estate which is primarily used for retail and/or office purposes. The Manager's key objectives are to deliver regular and stable distributions to Unitholders and to achieve long-term growth in the net asset value per Unit of Suntec REIT so as to provide Unitholders with a competitive rate of return for their investment.

The Manager intends to pursue its investment strategy within the following strategic guidelines:
  • Investments will be for the long-term.
  • The investment portfolio will comprise primarily established and income-producing retail and office properties.
  • Future investments will be in properties that are primarily used for retail and/or office purposes.

The Manager plans to achieve its key objectives through the following:
  • Active Asset Management Strategy. Leveraging on the property portfolio's competitive strengths to optimize rental income, occupancies and Net Lettable Areas so as to increase property yields.
  • Acquisition Growth Strategy. Identifying and selectively acquiring income-producing properties that meet the Manager's investment criteria.
  • Capital Management Strategy. Employing appropriate debt and equity financing policies.
1    YEO SEE KIAT
      Chief Executive Officer
Mr. Yeo is responsible for the performance and direction of Suntec REIT. He leads his team of managers to achieve the key mission of creating, adding and delivering premium value to all stakeholders of Suntec REIT.

With single-minded focus, he leads and supports his team of experienced professionals with a passion and drive to deliver.

His experience is highlighted in the section on the Board of Directors.
2    YIP KAM THAI
      Chief Operating Officer
Mr. Yip assists the Chief Executive Officer on operational matters pertaining to Suntec REIT, including asset management, investment, investor relations and asset enhancement initiatives.

Mr. Yip has been with the real estate industry since 1993, and has been with the ARA Group (“ARA”) since 2004. Within ARA, he has held various senior positions in the listed REITs and funds under management, including Executive Director of the manager of Fortune REIT, and Acting Chief Executive Officer of the manager of Prosperity REIT. Prior to his current appointment, he was based in Hong Kong as the Director and Head of Asset Management, as well as the China and Hong Kong Representative for the ARA Asia Dragon Fund.

Mr. Yip holds a Bachelor of Science (Honours) Degree in Estate Management from the National University of Singapore.
3    RICHARD TAN
      Director, Finance
Mr. Tan heads the finance team and assists the Chief Executive Officer on all accounting, finance, treasury and capital management functions for Suntec REIT.

Mr. Tan has more than 30 years of financial management experience in the banking and IT industries. Prior to joining the Manager, Mr. Tan was a Vice President with Wearnes Group, and previous to that, he was Finance Director and Business Manager for South East Asia in Hewlett-Packard Sales & Marketing Division.

Mr. Tan also held various senior positions both in the banking industry in Singapore and Hong Kong for over 18 years. He was the Regional Finance Director in Schroders and was the Country Operations Manager for American Express Bank Singapore and a Hong Kong-based investment bank.

Mr. Tan holds a Bachelor of Accountancy Degree from the University of Singapore.
4    NG EE SAN
      Senior Manager, Finance
Ms. Ng is a member of the Finance team, responsible for the finances of Suntec REIT and provides support in areas of secretariat compliance, taxation and treasury.

Ms. Ng has more than 12 years of experience in accounting and finance. Prior to joining the Manager, she was the Finance Manager at Ascott Residence Trust Management Limited, the Manager of Ascott Residence Trust. She was also previously an Accountant at Wing Tai Holdings Limited and The Hour Glass Limited, and had held various positions with PSA Corporation Limited and Deloitte And Touche.

Ms. Ng holds a Bachelor of Accountancy (Accounting) Degree from Nanyang Technological University, Singapore, and is a Certified Public Accountant.
5    JANICE PHOON
      Manager, Asset Management
Ms. Phoon is a member of the Asset Management team, responsible for overseeing and driving the performance of the office portfolio of Suntec REIT.

Ms. Phoon has more than 15 years of experience in marketing and leasing. Prior to joining the Manager, she was the Assistant Marketing Manager of Riverwalk Promenade Pte Ltd where she played a key role in marketing and leasing the TradeMart Singapore complex.

Ms. Phoon holds a Bachelor of Commerce Degree in Marketing and Management from Murdoch University, Western Australia and a Diploma in Building Management from Ngee Ann Polytechnic, Singapore.
6    CHAN CHUEY LENG
      Manager, Asset Management
Ms. Chan is a member of the Asset Management team, responsible for monitoring the performance of the retail assets and overseeing the advertising and promotional activities and branding initiatives of the retail portfolio.

Ms. Chan has more than 15 years of experience in marketing and leasing of commercial, retail, industrial and residential properties. Prior to joining the Manager, she was the Marketing and Leasing Manager at Cathay Cineleisure International Pte Ltd. She was previously the Assistant Marketing Manager with Tuan Sing Holdings Limited and prior to that, was the Assistant Marketing Manager with Riverwalk Promenade Pte Ltd.

Ms. Chan holds a Bachelor of Science (Honours) Degree in Estate Management from the National University of Singapore.
7    LIM KIM LOON
      Manager, Asset Management
Ms. Lim is a member of the Asset Management team, responsible for monitoring the performance of the retail assets, and in strategising and implementing asset enhancement initiatives.

Ms. Lim has close to 15 years of real estate experience in areas of property management and maintenance, marketing and lease management of commercial and retail properties. Prior to joining the Manager, she was with CapitaLand Retail Management Pte Ltd where she was responsible for the day-to-day management of a shopping mall. Her responsibilities included the leasing, marketing, operations, asset enhancement and financial performance. She previously held positions as Manager of the Property Department at The Great Eastern Life Assurance Co Limited and Marketing Officer of SLF Management Services Pte Ltd.

Ms. Lim holds a Bachelor of Science (Honours) Degree in Estate Management from the National University of Singapore.
8    JULIA KOH
      Manager, Special Projects
Ms. Koh is a member of the Special Projects team who is involved in asset enhancement works, with more than 15 years of working experience in Quantity Surveying and Project Management.

Prior to joining the Manager, she was the Senior Project Executive at CapitaLand Retail Limited involving in the redevelopment of Clarke Quay, reconstruction of Sembawang Shopping Centre as well as the upgrading of LOT One Shoppers’ Mall. She was also the Senior Quantity Executive at Tiong Seng Contractor Limited involved in the construction of Guilin View Condominium.

Ms. Koh holds a Diploma in Building (Quantity Surveying) from the Singapore Polytechnic.
9    MELISSA CHOW
      Assistant Manager, Investor Relations
Ms. Chow oversees the investor relations activities of Suntec REIT. These include facilitating the timely communication of quality information to unitholders, potential investors, key stakeholders and providing the Manager with key market updates.

Ms. Chow has over 4 years of experience in the field of investor relations. Prior to joining the Manager, she was an investor relations associate at Oxley Group where she managed the communication channels between the private equity firm and the investment community. At Kaiiten Communications, she managed the investor relations function for several Singapore and China based companies listed on the Singapore Stock Exchange.

Ms Chow holds a Bachelor of Business Management (Finance and Corporate Communications) from Singapore Management University.
10    TAN CHENG CHENG
       Assistant Manager, Finance
Ms. Tan is a member of the Finance team, assisting in managing the monthly accounts and preparation of financial statements and providing support in areas of secretariat compliance, taxation and treasury.

Ms. Tan has more than 20 years of commercial/industrial experience. Prior to joining the Manager, she was the Accountant responsible for the finance operations of propertyrelated subsidiaries of United Industrial Corporation Limited. Ms. Tan also previously held finance positions in Euro- Asia Realty Pte Ltd, JDC Holdings (S) Pte Ltd and Singapore Shipping Corporation Pte Ltd.

Ms. Tan holds an ACCA Certificate (UK) and is a Certified Public Accountant.
11   ELAINE LEONG
      Senior Accountant, Finance
Ms. Leong is a member of the Finance team, assisting in managing the monthly accounts and preparation of financial statements and providing support in areas of secretariat compliance, taxation and treasury.

Ms. Leong has over 4 years of experience in accounting and finance. Prior to joining the Manager, she was the Accountant at Mapletree Investments Pte Ltd where she was responsible for the finance operations of its commercial property subsidiaries. She was also previously an Auditor with KPMG LLP.

Ms. Leong holds a Bachelor of Business Management (Finance and Accounting) Degree from Singapore Management University and an ACCA Certificate (UK).
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