KIPREIT

0.865

+0.02 (+2.4%)

Change in Boardroom

KIP REAL ESTATE INVESTMENT TRUST

Date of change 05 Apr 2023
Name MADAMĀ ONG PUI SHAN
Age 35
Gender Female
Nationality Malaysia
Designation Chief Executive Officer
Directorate Executive
Type of change Others
Description
Appointment as Chief Executive Officer

Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
Masters
Master of Science in Marketing
University of West of England
Degree
Bachelor of Arts
University of Melbourne

Working experience and occupation
2022 - Present
Madam Ong Pui Shan, Valerie was redesignated as Executive Director on 18/08/2022. Her role is to develop and execute business strategies of KIP REIT in order to attain the goals of the Board of Directors, stakeholders and act in the best interest of unitholders of KIP REIT.

To ensure KIP REIT's continued performance and growth, Valerie oversees the implementation of comprehensive business plans prepared by the Executive Management (including budgeting approval and financial matters) so as to facilitate achievement by planning cost-effective operations and market development activities. In addition, she formulates the business and operation plan via proactive asset management including Asset Enhancement Initiatives and tenancy mix to maximize valuation and rental income respectively.

2018 -August 2022
Valerie vas appointed as a Non-Independent Non-Executive Director of KIP REIT on 30/11/2018. Her role is to ensure corporate accountability by providing unbiased and independent views as well as contributing her knowledge and experience towards the corporate decision making process.

2012 - July 2022
Valerie joined KIP Group of Companies in 2012 and was appointed as Group Chief Executive Officer in 2017 as well as serving as the Director of Corporate Operations, as the bridge between the divisions within the group. KIP Group of Companies comprises property development (residential, commercial, shopping malls), retail management of KIPMalls as well as hospitality as KIP Hotel. On the group level, she directs the company's goals and vision, partnering with high-level officers to grow and strengthen the company's position in the industry and to ensure its sustainability.

2011 - 2012
She served as the Marketing and Branding Manager in Summit Holidays (travel agency) and was responsible for the promotion and strategies set to establish and grow the brand presence in the market by developing and improving products and services.
Family relationship with any director and/or major shareholder of the listed issuer
Daughter of Dato' Ong Kook Liong, the Managing Director
Any conflict of interests that he/she has with the listed issuer
None
Details of any interest in the securities of the listed issuer or its subsidiaries
200,000 Units in KIP REIT (direct)



Remarks :
She is also a Non-Independent Executive Director of KIP REIT.


Announcement Info

Company Name KIP REAL ESTATE INVESTMENT TRUST
Stock Name KIPREIT
Date Announced 10 Apr 2023
Category Change in Boardroom
Reference Number C03-03042023-00010