Prior to joining the REIT Manager, Mr Wallace was the Executive General Manager of Investment Property at Frasers Property (APG) Pty Limited from August 2007 where he was responsible for leading the Investment Property Division for FPA (formerly Australand Property Group) which owns and manages a portfolio of investment properties with an aggregate value of approximately A$2.5 billion. He has been involved in many facets of the Frasers Property business, including group strategy, funds management, acquisitions and dispositions, portfolio management, divisional reporting and capital sourcing. Mr Wallace was also the joint venture manager for Australand Logistics Joint Venture which was a core property fund with a total asset value of over A$500 million. Mr Wallace was also the fund manager for Australand Wholesale Fund 6 during the six-year life of the A$226 million fund which was wound up in December 2013.
From October 2002 to August 2007, he was a Fund Manager at MAB Funds Management Limited. He joined the group at its infancy and oversaw the growth of the funds under management from A$15 million to a value in excess of A$275 million. Mr Wallace ensured that the managed funds were able to meet investor targets and ensured compliance with the relevant statutory guidelines.
Mr Wallace holds a Bachelor of Business (Property) from RMIT University and a Postgraduate Diploma in Applied Finance and Investment from FINSIA (formerly known as Securities Institute of Australia). He is also a Certified Practising Valuer, with the Australian Property Institute.
Prior to joining the REIT Manager, Ms Cher was the GM Special Projects at FCL Management Services Pte. Ltd. from September 2015. She was with CitySpring Infrastructure Management Pte Ltd from November 2006 to May 2015 and was the Chief Financial Officer from July 2013, where she was responsible for all aspects of financial and statutory reporting and compliance with SGX-ST and MAS. She was also responsible for financing and treasury activities, and risk management and for the human resources, corporate secretarial and administration functions.
From November 1993 to November 2006, Ms Cher was the Chief Financial Officer at Thomson Medical Centre Ltd, where she was responsible for all aspects of financial and statutory reporting and financing and tax matters for the Group. She was also responsible for procurement, information technology and patient service centres.
Ms Cher was also a Group Management Accountant at Wearnes Brothers Management Pte Ltd from July 1990 to August 1993 where she was responsible for preparing the Group’s consolidated results for statutory and SGX reporting. She was also responsible for reviewing the performance of the business segments in the Group. From April 1986 to June 1990, Ms Cher was a Financial Controller at Esco Scientific Technologies Pte Ltd. She was also an Audit/Senior Management Consultant at Ernst and Whinney from April 1982 to March 1986.
Ms Cher holds a Bachelor of Accountancy from the National University of Singapore and is a Chartered Accountant of Singapore and an Australian Certified Public Accountant.
Prior to joining the REIT Manager, Mr Spong was the Asset Manager of the Investment Property Team at Frasers Property (APG) Pty Ltd from January 2015, where he was responsible for the asset management of a portfolio, comprising 37 high quality industrial and logistics properties located in New South Wales and Queensland. Mr Spong was also responsible for implementing asset plans to meet specified investment targets.
Mr Spong was also a Development Executive in the Real Estate Team at Valad Property Group from January 2007 to December 2014, where he was responsible for the asset management of a portfolio of commercial and industrial properties located in Australia and New Zealand. While at Valad Property, Mr Spong was also responsible for implementing asset plans to meet specified investment targets as well as acquiring and disposing of assets.
From July 2005 to December 2006, Mr Spong held the position of Investment Analyst in the Commercial Property Team at DEXUS Property Group, where he had analytical responsibilities for a portfolio of 40 high quality commercial assets. From September 1999 to July 2005, Mr Spong was a Senior Valuer at DTZ (now known as Cushman & Wakefield), where he was responsible for providing a broad range of valuation services for secured lending purposes, portfolio valuations and development appraisal for national and international clients covering all property sectors.
Mr Spong holds a Bachelor of Science (Honours) from St Andrews University in Scotland and a Master of Land Economy from the University of Aberdeen in Scotland. Mr Spong is also a Qualified Associate of the Australian Property Institute and the Royal Institution of Chartered Surveyors.
Prior to joining the REIT Manager, Ms Khung was the Financial Controller at FEO Hospitality Asset Management Pte Ltd, the manager of Far East Hospitality Trust from January 2016 to August 2016, where she was responsible for overseeing all aspects of finance and taxation matters, and provides support for compliance matters.
From May 2015 to January 2016, Ms Khung was the Senior Finance Manager at Keppel Infrastructure Fund Management Pte Ltd, the Trustee-Manager of Keppel Infrastructure Trust, where she was involved in the Group’s financial and reporting functions, treasury matters and other fi nance-related matters.
Ms Khung was with CitySpring Infrastructure Management Pte Ltd, the Trustee-Manager of CitySpring Infrastructure Trust from September 2007 to May 2015, and was the Vice President, Finance from July 2010. She was involved in all aspects of finance matters, including the statutory and financial reporting of the group results, budgeting, taxation and certain compliance-related matters. She also reviewed the financial performance of the operating companies and assisted in the development of group financial policies and procedures.
From 2000 to 2007, Ms Khung was with Ernst & Young LLP, where she left as an Audit Manager.
Ms Khung holds Bachelor of Commerce and Bachelor of Finance degrees from University of Adelaide, Australia. She is a Chartered Accountant with the Institute of Singapore Chartered Accountants (ISCA) and a non-practicing member of CPA Australia.
Prior to joining the REIT Manager in December 2016, Mr Ng was an Associate Director with financial PR and investor relations consultancy, Citigate Dewe Rogerson i.MAGE Pte. Ltd. from August 2011, where he provided strategic media and investor relations counsel to public companies. Mr Ng has also been involved in multiple transactions and special situations, including mergers and acquisitions, spin-offs, issue management, initial and secondary public offerings.
From November 2006 to August 2011, Mr Ng was an Associate Consultant with a boutique PR agency, WeR1 Consultants Pte Ltd, where he supported the implementation of investor relations programmes to publicly-listed companies.
Mr Ng holds a Bachelor of Science, Finance, from the University College Dublin, Ireland.