CDLHT: Announcements on the (i) Appointment of Independent Non-Executive Director and (ii) Changes in the Composition of the Boards of Directors

General Announcement::Announcements by CDL Hospitality Trusts, an associate of Mi...

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General Announcement::Announcements by CDL Hospitality Trusts, an associate of Millennium & Copthorne Hotels plc

Issuer & Securities

Issuer/ Manager

CITY DEVELOPMENTS LIMITED

Securities CITY DEVELOPMENTS LIMITED - SG1R89002252 - C09

Stapled Security No

Announcement Details

Announcement Title

General Announcement

Date & Time of Broadcast 25-Jan-2017 18:12:10

Status New

Announcement Sub Title Announcements by CDL Hospitality Trusts, an associate of Millennium & Copthorne Hotels plc

Announcement Reference SG170125OTHRFVBB

Submitted By (Co./ Ind. Name) Enid Ling Peek Fong

Designation Company Secretary

CDL Hospitality Trusts, an associate of Millennium & Copthorne Hotels plc, has released the following announcements to Singapore Exchange Securities Limited on 25 January 2017:

Description (Please provide a detailed description of the event in the box below)

1. Appointment of Independent Non-Executive Director

2. Changes in the Composition of the Boards of Directors

For details, please refer to the announcements posted by CDL Hospitality Trusts on the SGX website, www.sgx.com.

Change - Announcement of Appointment::Appointment of Independent Non-Executive Director Issuer & Securities

Issuer/ Manager

M&C REIT MANAGEMENT LIMITED

Securities CDL HOSPITALITY TRUSTS - SG1T66931158 - J85

Stapled Security Yes

Other Issuer(s) for Stapled Security

Name

DBS TRUSTEE LIMITED

Announcement Details

Announcement Title

Change - Announcement of Appointment

Date & Time of Broadcast 25-Jan-2017 18:03:40

Status New

Announcement Sub Title Appointment of Independent Non-Executive Director

Announcement Reference SG170125OTHR0UVC

Submitted By (Co./ Ind. Name) Enid Ling Peek Fong

Designation Company Secretary

Description (Please provide a detailed

description of the event in the box below) Appointment of Independent Non-Executive Director

Additional Details

Date Of Appointment

25/01/2017

Name Of Person Kim Kenny

Age 49

Country Of Principal Residence Malaysia

The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)

The Nominating and Remuneration Committees and the Boards of M&C REIT Management Limited (the Manager of CDL Hospitality Real Estate Investment Trust) ("H-REIT Manager") and M&C Business Trust Management Limited (the Trustee-Manager of CDL Hospitality Business Trust) ("HBT Trustee-Manager") consider Mr Kim Kenny to be independent and capable of exercising independent business judgment. His extensive experience in the banking and financial services sector will further complement and strengthen the core competencies of the Boards of the H-REIT Manager and the HBT Trustee-Manager.

Whether appointment is executive, and if so,

the area of responsibility No

Job Title (e.g. Lead ID, AC Chairman, AC

Member etc.) Independent, Non-Executive Director

Familial relationship with any director and/

or substantial shareholder of the listed No

issuer or of any of its principal subsidiaries

Conflict of interests (including any competing business)

Should any conflict of interest arise of which he is reasonably aware, Mr Kim will make such conflict immediately known to the board of directors as soon as he is so reasonably aware so that he may recuse himself from such related discussions and/or decisions and resolutions as most appropriate.

Working experience and occupation(s) during the past 10 years

From October 2015 to Present RRJ Management (HK) Limited

• Senior Adviser

  From 1 July 2005 to 30 September 2015 CIMB Group Holdings Berhad

• CEO, Group Strategy and Investments & Group Chief Financial Officer

Undertaking submitted to the listed issuer in No

the form of Appendix 7.7 (Listing Rule 704 (7)) Or Appendix 7H (Catalist Rule 704(6))

Shareholding interest in the listed issuer

and its subsidiaries? No

# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).

Past (for the last 5 years) CIMB Thai Bank Public Company Limited

Present N/A

1. Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed

   against him or against a partnership of No

   which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?

2. Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key

   executive of that entity or at any time within No

   2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?

3. Whether there is any unsatisfied

   judgment against him? No

4. Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is

   punishable with imprisonment, or has been No the subject of any criminal proceedings (including any pending criminal proceedings

   of which he is aware) for such purpose?

5. Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or

   futures industry in Singapore or elsewhere, No or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?

6. Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore

   or elsewhere, or a finding of fraud, No

   misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?

7. Whether he has ever been convicted in Singapore or elsewhere of any offence in No

   connection with the formation or

   management of any entity or business trust?

8. Whether he has ever been disqualified No

from acting as a director or an equivalent

person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?

1. Whether he has ever been the subject of any order, judgment or ruling of any court,

   tribunal or governmental body, permanently No

   or temporarily enjoining him from engaging in any type of business practice or activity?

2. Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-

3. any corporation which has been

   investigated for a breach of any law or No

   regulatory requirement governing

   corporations in Singapore or elsewhere; or

4. any entity (not being a corporation) which has been investigated for a breach of

   any law or regulatory requirement governing No

   such entities in Singapore or elsewhere; or

5. any business trust which has been investigated for a breach of any law or No

   regulatory requirement governing business

   trusts in Singapore or elsewhere; or

6. any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the

7. securities or futures industry in Singapore No

   or elsewhere, in connection with any matter

   occurring or arising during that period when he was so concerned with the entity or business trust?

8. Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or

9. issued any warning, by the Monetary No

   Authority of Singapore or any other

   regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?

   Any prior experience as a director of a listed company? Yes

   If Yes, Please provide details of prior experience

   From November 2008 to October 2015 CIMB Thai Bank Public Company Limited (Listed on the Thailand Stock Exchange)