Board of Directors

Mr. Lyu Guoliang joined the Board on 12 October 2021. Mr. Lyu Guoliang was appointed as the Chairman on 25 October 2024 and is the Non-Executive Director of the Board of the Trustee-Manager. He is also a member of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee.

Mr. Lyu has been a Managing Director at Sino-Ocean Capital since April 2015 to present. He is in charge of commercial real estate investments, real estate fund management and REITs investments. Prior to joining Sino-Ocean Capital, Mr. Lyu served for leading real estate investment bank, real estate fund and developer in China, including CITIC Securities Co., CITIC Prosperity Fund, and China Investment Development.

He obtained a Master Degree in Real Estate Finance and Investment from Cornell University, U.S.

Mr. Zhang Zhencheng joined the Board on 14 August 2015. Mr. Zhang Zhencheng is the Non-Executive Director of the Board of the Trustee-Manager. He is also a member of the Nominating and Remuneration Committee.

Prior to joining the Trustee-Manager, Mr. Zhang had been an Executive Director at Zhongshan Dasin Holdings Co., Ltd., a wholly-owned subsidiary of the Sponsor, since February 2015 till September 2015, where he was responsible for the investment strategies of the company. Prior to that, from August 2009 to August 2013, Mr. Zhang was Chairman of the Board of the Sponsor and from September 2013 to January 2015, Mr. Zhang held the position of Executive Director and General Manager of the Sponsor.

During this time, he was responsible for investment decisions of the Sponsor, development and management of engineering and commercial projects as well as financial and human resource management. From October 2003 to July 2009, Mr. Zhang was the Deputy General Manager of the Sponsor, where he was primarily responsible for the management of construction projects.

Mr. Zhang graduated with a Financial Accounting major from Zhongshan University of Electronic Science and Technology (Zhongshan Institute), PRC, in July 1997.

Mr. Zhang Zhongming is an alternate director to Mr. Zhang Zhencheng on the Board of the Trustee-Manager, a role he assumed in January 2023. Previously, Mr. Zhang was the Deputy Chairman and Non-Executive Director of the Board of the Trustee-Manager, and also a member of the Remuneration Committee before he stepped down in October 2021.

Mr. Zhang has been a Non-Executive Director at Zhongshan Dasin Holdings Co., Ltd. from February 2015 to September 2015, and an Executive Director at Zhongshan Dasin Holdings Co., Ltd. since October 2015 till present, where he is responsible for analysing investment opportunities and assisting in the making of investment decisions of the company. From February 2013 to February 2015, he was the Assistant General Manager of the Sponsor, where he was responsible for the feasibility and investment analysis of approximately 30 projects, which included the feasibility of the Guzhen Metro Mall project, Shangri-La hotel project and the Sponsor’s proposed investment into Macau. From March 2012 to January 2013, he was the Assistant to the Deputy General Manager of the Sponsor, where he assisted the Deputy General Manager in the examination and analysis of the financial information of the Sponsor and its subsidiaries, and was also responsible for the preparation of the budgets for the various projects undertaken by the Sponsor. Prior to joining the Sponsor, from September 2011 to 2012, Mr. Zhang was the Assistant General Manager of Zhongshan Microfinance Co., Ltd., where he was responsible for building cooperative relationships with various banks, financial institutions and chambers of commerce, and overseeing the business risk analysis and investigation of various companies before procuring financing for those companies.

Mr. Zhang obtained a Master of Mathematics from the University of Oxford, United Kingdom, in July 2011.

Mr. Zhang Zhongming is the nephew of Mr. Zhang Zhencheng.

Dr. Kong Weipeng joined the Board on 12 October 2021. Dr. Kong Weipeng is the Non-Executive Director of the Board of the Trustee-Manager. He is also a member of the Nominating and Remuneration Committee.

Dr. Kong Weipeng joined Sino-Ocean Capital in 2021 as the Deputy General Manager and Head of the Capital Market Division. Prior to joining Sino-Ocean Capital, Dr. Kong held various positions with Haitong International Securities Group (665. HK). Dr. Kong was the Joint Group Head of Global Markets, Head of Fixed Income, Currency and Commodities (FICC), as well as member of the Executive Committee and multiple decision-making committees.

Prior to joining Haitong International, Dr. Kong was a proprietary trader at Bear Stearns’ New York headquarters and chief bond analyst at Penghua Fund. He has more than 17 years of market experience in the field of capital market transactions and investments. Dr. Kong holds a Doctor of Philosophy (Finance) from Pennsylvania State University and a Bachelor of International Economics from Peking University.

Mr. Tan Huay Lim joined the Board on 23 December 2016. Mr. Tan is the Lead Independent Director of the Trustee-Manager, the Chairman of the Audit and Risk Committee and a member of the Nominating and Remuneration Committee.

Mr. Tan has more than 30 years of experience in audit, accounting and finance. He served as a partner at KPMG Singapore for 23 years until his retirement in September 2015.

Mr. Tan has extensive experience in auditing companies in a wide range of industries. He was a Banking Partner involved in the audit of financial institutions and was involved in a number of initial public offerings as well as merger and acquisition transactions. Mr. Tan was the Singapore Head of KPMG Global China Practice from September 2010 to September 2015.

Mr. Tan is an Independent Non-Executive Director of two other companies listed on the mainboard of the Singapore Stock Exchange, namely (i) Zheneng Jinjiang Environment Holding Company Limited; and (ii) Sheng Siong Group Ltd. Mr. Tan is also an Independent Non-Executive Director of two companies listed on the mainboard of the Hong Kong Stock Exchange, (i) Linklogis Inc.; and (ii) SF REIT Asset Management Limited, the Manager of SF Real Estate Investment Trust.

Mr. Tan received his Bachelor of Commerce (Accountancy) from Nanyang University, Singapore, in 1978. He is a Fellow Member of the Institute of Singapore Chartered Accountants, the Association of Chartered Certified Accountants (United Kingdom) and the Certified Practising Accountants (Australia).

Mr. Sonny Tan Hock Sun joined the Board on 12 October 2021. Mr. Tan is an Independent Director of the Trustee-Manager. He is also the Chairman of the Nominating and Remuneration Committee and a member of the Audit and Risk Committee.

Mr. Tan runs his management consulting business (Wysdom Advisory) focusing on mergers and acquisitions. He is currently a Senior Research Fellow (Adjunct) at the Institute of Real Estate and Urban Studies, National University of Singapore, where he focuses on REIT-related research, and also teaches real estate wealth management. He is also an Adjunct Lecturer at the Singapore Management University, teaching at the LKC School of Business since 2013.

From 2014 to 2017, Mr. Tan was the Chief Executive Officer of the REIT Association of Singapore where he worked with regulatory agencies to improve operating environment for REITs, promoted awareness and understanding of REITs to the general public and supported the government’s efforts to grow the REIT industry. Mr. Tan was also an associate trainer/instructor at the Civil Service College (2014 to 2019) teaching courses on economic development, industrial policy, investment promotion strategies etc. Mr Tan was a senior executive with the listed Frasers & Neave Ltd (1997-2009), and a senior officer with the Economic Development Board (1983-1994).

Mr. Tan had previously served as Independent Director of Surface Mount Technology (Holdings) Ltd (2013-2014), Independent Director of Goldtron Ltd (2011-2012), and Non-Executive Director of Fung Choi Media Group Ltd (2004-2009). He is currently a director on the board of Yeoman Asia Fund and Yeoman Japan Fund, and a member of the EDB Society.

Mr. Tan obtained his Bachelor of Technology (Hons) (Industrial Engineering) and his Master of Business Administration from Massey University, New Zealand.