Chairman and Independent Non-Executive Director
Executive Director and Chief Executive officer
Independent Non-Executive Director
Independent Non-Executive Director
Mr. Chui, aged 68, was a non-executive director of the following private subsidiaries of Cheung Kong Property Holdings Limited and CK Hutchison Holdings Limited: Property Enterprises Development (Singapore) Pte Ltd, Japura Pte Ltd, Japura Development Pte Ltd, Glenfield Investments Pte Ltd, Grand Waterfront Development Pte Ltd, Luxury Green Development Pte Ltd, Kovan Treasure Pte Ltd, HWP Finance (Singapore) Private Limited, HWP Investment Holdings (Singapore) Private Limited, CK Capital (Singapore) Pte Limited, Hutchison Biofilm Solutions Pte Limited, Hutchison Ports Jakarta Pte Limited, Hutchison Water International Holdings Pte Limited and Advent Investments Pte Ltd (collectively, the "Relevant Companies"). Each of the Relevant Companies is regarded as a connected person of Fortune REIT for the purpose of the Hong Kong Code on Real Estate Investment Trusts by virtue of being an associate or associated company of Focus Eagle Investments Limited, a significant holder of Fortune REIT. Prior to Mr. Chui's appointment as an Independent Non-Executive Director, he resigned as a director of each of the Relevant Companies and ceased to have any positions or other interest in such companies.
Mr. Chui has extensive professional experience in property development, investment and facility management.
Mr. Chui holds a Bachelor of Science (Engineering) from The University of Hong Kong.
Dr. Chiu, aged 66, has been the Chairman and a Director of the Manager since the Manager’s incorporation in 2003. He stepped down as the Chairman of the Manager on 1 January 2017 and remains as a Non-executive Director of the Manager. He is also the Chairman and Non-Executive Director of ARA, the holding company of the Manager and the Chairman of ARA Asset Management (Prosperity) Limited (the manager of Prosperity REIT). ARA is listed on the Main Board of the SGX-ST while Prosperity REIT is listed on the Main Board of the SEHK. Dr. Chiu is also a Director of ARA Fund Management (Asia Dragon) Limited as the manager of the ARA Asia Dragon Fund and ARA Asia Dragon Limited. Dr. Chiu serves as a member of the Standing Committee of the 12th Shanghai Committee of Chinese People’s Political Consultative Conference of the People’s Republic of China, and is a Council Member and a Fellow of The Hong Kong Institute of Directors, a Fellow of Hong Kong Institute of Real Estate Administrators and a member of the Board of Governors of Hong Kong Baptist University Foundation.
Dr. Chiu has more than 30 years of international experience in real estate in Hong Kong and various countries and is one of the most respected professionals in the property industry in Asia. Dr. Chiu is an Executive Director and a member of the Executive Committee of Cheung Kong Property Holdings Limited (“CK Property”), a company listed on the Main Board of the SEHK. He joined Cheung Kong (Holdings) Limited (“Cheung Kong”) (whose listing status on the Main Board of the SEHK was replaced by CK Hutchison Holdings Limited (“CK Hutchison”) on 18 March 2015) in 1997, heading the real estate sales, marketing and property management teams. He was previously an Executive Director and a member of the Executive Committee of CK Hutchison, a company listed on the Main Board of the SEHK and Cheung Kong. Prior to joining Cheung Kong, Dr. Chiu was with Sino Land Company Limited from 1994 to 1997 and Hang Lung Development Company, Limited (now known as Hang Lung Group Limited) from 1979 to 1994 where he was responsible for the leasing and property management in both companies. Both Sino Land Company Limited and Hang Lung Group Limited are listed on the Main Board of the SEHK.
Dr. Chiu holds Bachelor degrees in Sociology and Economics from Trent University in Ontario, Canada, and was conferred with the degree of Doctor of Social Sciences, honoris causa by Hong Kong Baptist University and the degree of Doctor of Laws, honoris causa by Trent University, Canada. Dr. Chiu is the father of Ms. Chiu Yu, Justina, a Director of the Manager.
Mr. Lim, aged 59, has been a Director of the Manager since April 2003. He is also the Group Chief Executive Officer and an Executive Director of ARA, the holding company of the Manager. He has been a Director of ARA since its establishment. He is also a Non-Executive Director of ARA Trust Management (Suntec) Limited (the manager of Suntec REIT), ARA Asset Management (Prosperity) Limited (the manager of Prosperity REIT), ARA-CWT Trust Management (Cache) Limited (the manager of Cache Logistics Trust) and Hui Xian Asset Management Limited (the manager of Hui Xian REIT). ARA, Suntec REIT and Cache Logistics Trust are listed on the Main Board of the SGX-ST and Prosperity REIT and Hui Xian REIT are listed on the Main Board of the SEHK.
In addition, Mr. Lim is 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). Mr. Lim is an Independent Director of Teckwah Industrial Corporation Limited (“Teckwah”) which is listed on the Main Board of the SGX-ST. He is also a Director of Chinese Chamber Realty Private Limited, a Director of the Financial Board of the Singapore Chinese Chamber of Commerce, the Chairman of the Property Management Committee of the Singapore Chinese Chamber of Commerce and Industry, and a member of 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 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.
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.
Ms. Yeung, aged 55, has been a Director of the Manager since 2003. She is a member of the Disclosures Committee of the Manager. Ms. Yeung is also a member of the Executive Committee, General Manager, Company Secretarial Department and the Company Secretary of CK Property. She is also the Company Secretary of Cheung Kong Infrastructure Holdings Limited (“CK Infrastructure”) and CK Life Sciences Int’l., (Holdings) Inc. (“CK Life Sciences”). She was previously a member of the Executive Committee and the Company Secretary of Cheung Kong and CK Hutchison. She is also the Alternate Director to the Group Managing Director of CK Infrastructure. Ms. Yeung joined Cheung Kong in 1994. She advises the Board on corporate strategy, and currently heads the corporate legal and secretarial team that oversees listing, regulatory and origination compliance, and advises and drives mergers and acquisitions, property investments and acquisitions, securities placement and investments, private equity investment, fund investment, bond and note issue and other financing exercises, as well as derivative and swap transactions and investment in structured products. CK Property, CK Hutchison, CK Infrastructure and CK Life Sciences are listed on the Main Board of the SEHK.
Prior to joining Cheung Kong, Ms. Yeung was in private practice at the law firms of Messrs. Robert W.H. Wang & Co and Deacons for a total of 10 years from 1984 to 1994 where she handled a wide spectrum of corporate and commercial legal work. She has been a solicitor of the High Court of the Hong Kong Special Administrative Region (“HKSAR”) from 1986 and of the Senior Courts of England and Wales from 1990.
Ms. Yeung is a member of the Financial Reporting Council, a member of the SFC (HKEC Listing) Committee of the Securities and Futures Commission of Hong Kong, a member of the Listing Committee of the Main Board and Growth Enterprise Market of the SEHK, a member of the Advisory Committee on Corruption of the Independent Commission Against Corruption, a general committee member of The Chamber of Hong Kong Listed Companies, a member of the Advisory Board of the MBA Programmes of The Chinese University of Hong Kong (“CUHK”) and a member of the Advisory Group on BBA-JD Programme of CUHK.
Ms. Yeung is a fellow member of The Hong Kong Institute of Directors, The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators. She holds a Master of Science degree in Finance, a Master degree in Business Administration from CUHK, and a Bachelor degree in Laws from The University of Hong Kong.
Mr. Ma, aged 47, has been appointed a Director of the Manager since June 2015 and was an Alternate Director to a Director of the Manager, Mr. Ip Tak Chuen, Edmond, from April 2008 to May 2015. He is currently a member of Executive Committee and General Manager, Corporate Business Development Department of CK Property and was previously a member of Executive Committee and General Manager, Corporate Business Development Department of Cheung Kong and a member of Executive Committee of CK Hutchison. He also serves as a Non-Executive Director and a member of the Designated (Finance) Committee of ARA Asset Management (Prosperity) Limited (the manager of Prosperity REIT). Mr. Ma is an Alternate Director to Mr. Lai Kai Ming, Dominic, Non-Executive Director of Hutchison Telecommunications Hong Kong Holdings Limited (“HTHKH”). CK Property, CK Hutchison, Prosperity REIT and HTHKH are listed on the Main Board of the SEHK.
Mr. Ma is also a Director of aircraft leasing companies, Accipiter Holdings Limited and Vermillion Aviation Holdings Limited, members of CK Hutchison. Mr. Ma has over 26 years of experience in finance, investment and portfolio management, real estate development and marketing and managing IT related ventures and services. He is a member of the Hospitality Services Committee of Caritas Hong Kong. He is also a member of the President’s Circle, the Dean’s Advisory Board for the Faculty of Arts and the China Advisory Council for the Sauder School of Business of the University of British Columbia, Canada. He holds a Bachelor of Commerce degree in Finance and a Master of Arts degree in Global Business Management.
Ms. Chiu, aged 35, has been appointed the Chief Executive Officer of the Manager since February 2015 and an Executive Director of the Manager since 2010. She was employed by the Manager from 2008.
She is also a Responsible Officer and the Chairman of each of the Disclosures Committee and the Designated Committee of the Manager. She is responsible for the overall performance and direction of Fortune REIT.
Prior to her current appointments, she was the Deputy Chief Executive Officer of the Manager responsible for day-to-day management of Fortune REIT from 2010 to 1 February 2015 and the Chief Operating Officer of the Manager overseeing strategic planning, investment, asset management and investor relations from 2009 to 2010.
Ms. Chiu holds a Master of Science degree in Real Estate Economics and Finance, a Bachelor of Science degree in Accounting and Finance, a Postgraduate Certificate in Laws and a Postgraduate Diploma in Law. She is also a solicitor of the High Court of the HKSAR, a CFA Charterholder and a member of the American Institute of Certified Public Accountants. Ms. Chiu is a member of the 13th Changzhou Committee of the Chinese People’s Political Consultative Conference of the People’s Republic of China.
Ms. Cheng, aged 59, is a partner of GIG Consulting Pte Ltd which provides consulting services. She is also a non-executive director of Amare Investment Management Group Pte Ltd (“Amare”) and senior partner of Aric Partners LLP. Amare is in the business of property fund management while Aric Partners LLP is an accounting firm which provides taxation, accounting, corporate and consulting services.
Ms. Cheng was a senior partner in Assurance from Deloitte & Touche LLP from September 1987 to August 2015 when she retired from the firm after being with the firm for 36 years. She was the firm's practice leader for Global Financial Services, Real Estates, Banking and Complex Financial Instruments during the course of her professional career with the firm. Ms. Cheng was also the chairman of the firm's Corporate Governance Committee for several years up to her retirement. Ms Cheng is a fellow Chartered Accountant of Institute of Singapore Chartered Accountants (“ISCA”), a fellow Certified Public Accountant of CPA Australia and a fellow Chartered Certified Accountant of Association of Chartered Certified Accountants, United Kingdom.
Ms. Cheng currently holds various positions with governmental bodies and professional associations in Singapore. She is a member of the Board of Trustees of the Education and Training Fund of the National Trade Union Congress, a member of the Technical Advisory Panel of Accounting and Corporate Regulatory Authority ("ACRA") and a member of the Accounting Standards Council of Singapore ("ASC").
From 2012, Ms. Cheng has been appointed as a member of the Financial Reporting Committee of ISCA and she also became a member of the Investigation and Disciplinary Panel of ISCA in 2016. From 2009, she has been a member of the Financial Instruments Working Group and Chairman of the Conceptual Framework Working Group of the ASC. In 2016, she has been appointed as chairman of both the Singapore Financial Reporting Framework Working Group and Financial Statements Disclosure Working Group of the ASC. She is also the past chairman of the Financial Statements Review Committee of ISCA for 9 years before stepping down in 2015 and was involved in ACRA's rolling out of its inaugural Expanded Financial Reporting Surveillance Program in 2014.
Ms. Cheng holds a Bachelor of Accountancy from National University of Singapore.
Ms. Yeo, aged 70, has been appointed as an Independent Non-Executive Director and a member of the Audit Committee of the Manager from 1 February 2017. She was previously a non-executive director of several private subsidiaries of Cheung Kong Property Holdings Limited, CK Hutchison Holdings Limited, Cheung Kong Infrastructure Holdings Limited, CK Life Sciences Int’l (Holdings) Inc. and Cheung Kong (Holdings) Limited and private companies owned or may be considered as controlled by Mr. Li Ka Shing.
Ms. Yeo was previously engaged as a consultant from 2009 to 2011 for Joonghak PFV in respect of its mixed office/commercial property development in Seoul, Korea, and the director and chief executive officer of Property Enterprises Development Pte Ltd and its associated companies from 1995 to 2005. Ms. Yeo was also a director of Hunwin Enterprises (S) Pte Ltd., a supplier of hotel amenities in Asia, from 1983 to 2015.
Ms. Yeo currently holds various positions with governmental and religious bodies in Singapore. She is the treasurer of the Women Executive Committee of the People’s Association, Cairnhill Community Club and a member of the Finance Ministry of the Covenant Community Methodist Church.
Ms. Yeo has extensive professional experience in property development and investment management.
Ms. Yeo holds a Bachelor Degree of Economics (Honours) from the National University of Singapore and had completed the Advanced Management Programme at the Harvard Graduate School of Business.
Listed Date 20 Apr 2010
Unit 5508-10, 55th Floor,
99 Queen's Road,
Central, Hong Kong
Telephone (852) 2169-0928
Facsimile (852) 2169-0968