Singapore executive moves Friday: Ascendas India Trust’s manager taps new CFO; Sapphire Corp.; Katrina Group

The aVance, Pune property at a 1.5 million square foot IT/ITES Special Economic Zone (SEZ) within the first phase of the Rajiv Gandhi Infotech Park, Hinjawadi. Credit: CapitaLandThe aVance, Pune property at a 1.5 million square foot IT/ITES Special Economic Zone (SEZ) within the first phase of the Rajiv Gandhi Infotech Park, Hinjawadi. Credit: CapitaLand

These are Singapore companies which announced personnel changes on Friday, 15 October 2021: Ascendas India Trust, Raffles Medical, Katrina Group and Sapphire Corp.

Ascendas India Trust

Ascendas India Trust’s trustee-manager, Ascendas Property Fund Trustee, said Friday Cheah Ying Soon, age 44, would become chief financial officer, effective 1 November.

Cheah has been a senior director at CapitaLand Investment from August 2018 to the present, and was a director of portfolio management at ARA Asset Management from September 2014 to July 2018, the trust said in a filing to SGX.

Tan Choon Siang (Chen JunXiang), age 45, will cease to be chief financial officer, effective 1 November, to assume another management appointment within CapitaLand Investment, the trust said in a separate filing. Tan holds 192,916 units in Ascendas India Trust, the filing said.

Katrina Group

ST Hospitality, which offers co-living hotels and serviced residences, has tapped Farn Tze Guen (Fan Zijin), age 48, as its chief operating officer, effective 18 October, the wholly owned subsidiary of Katrina Group said in a filing to SGX.

Previously, Farn was the vice president for premium marketing and VIP services at Okada Manila, operated under Tiger Resorts & Entertainment, from August 2016 to August 2018, the filing said. She is expected to graduate from Singapore Management University in December with an advance diploma in growing and transforming enterprise, the filing said.

Goh Keng Hong, age 43, tendered his resignation from the chief operating officer role, effective 31 October, to explore other career opportunities, Katrina Group said in a separate filing to SGX. Goh is the brother of Alan Goh Keng Chian, the company’s executive chairman and CEO, the filing said.

Raffles Medical

Raffles Medical said Friday it has appointed Chong Chuan Neo, age 58, as non-executive and independent director, effective Friday. She is currently an operating director at Partners Group, the company said in a filing to SGX.

Sapphire Corp.

Sapphire Corp. said Friday Duan Yang, Julien, age 59, would cease to be an independent non-executive director, effective 15 October. Duan Yang, who was appointed to the position in 2017, tendered his resignation for personal reasons, the company said in a filing to SGX.

 

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