Management Team

Mr. Wang Peng joined the trustee-manager on 13 February 2024 as Chief Investment Officer with responsibility to overseeing, leading and executing the investment and asset management (including tenancy management) functions of Dasin Retail Trust Management Pte Ltd (“DRTM”) as well as the restructuring efforts of DRTM.

On 22 February 2024, he was appointed as the Acting Chief Executive Officer with responsibility for the management and operations of the trustee-manager and to work with the Board to determine business strategies and ensure that such strategies are executed. On 25 October 2024, Mr. Wang was subsequently appointed as Chief Executive Office.

Prior joining the trustee-manager, Mr. Wang was an employee of the Sino-Ocean group, having served in different capacity in last 10 years, gathering more than 10 years of working experience in the real estate field of China and 8 years of investment experience. His last position with the Sino-Ocean Group was Director (Investment Centre) with the Sino-Ocean Group Beijing Development division.

Mr Wang graduated with a Bachelor of Civil Engineering from Tsinghua University and obtained his Master degree in Construction Management from Columbia University.

Mr. Steven Ng Mun Fai is the Chief Financial Officer of the Trustee-Manager.

Mr. Ng has more than 23 years of experience in accounting and financial-related work, including group accounting and reporting, accounting system implementation, compliance, strategic planning and financial statements preparation.

Prior to joining the Trustee-Manager, Mr. Ng was an Audit Senior Manager with KPMG LLP, Singapore for more than eight years, from December 2006 to September 2015, where he provided audit services to public listed companies, subsidiaries, foreign multinationals, government-linked and private companies in real estate, manufacturing, consumer and industrial market industries.

During this period, he was also responsible for the audit of a number of commercial, industrial and hospitality real estate investment and business trusts. During his employment, Mr. Ng was appointed as head of the “Real Estate, Consumer and Tourism” business unit in 2011 where he served till 2013. He was responsible for operational efficiencies and also oversaw critical functions of the business unit. Between 2008 and 2011, Mr. Ng was department head for an audit unit where he was in charge of overseeing an audit unit of around 70 staff members.

From December 2003 to December 2006, Mr. Ng was an Audit Manager with KPMG in Kuala Lumpur, Malaysia, where he was responsible for planning audit work and also supervising the preparation of financial statements and regulatory reports. Prior to that, he was an Assistant Audit Manager with Ernst & Young in Malaysia from September 1998 to December 2003 where he assisted in preparing statutory financial statements and undertook audit procedures for audit assignments.

Mr. Ng obtained a Bachelor of Commerce degree from Griffith University, Australia. He is a non-practising Chartered Accountant with the Institute of Singapore Chartered Accountants, and a Chartered Accountant with the Malaysian Institute of Accountants. In addition, he is also a member of CPA Australia, Chartered Accountants of Australia and New Zealand, the Chartered Institute of Management Accountants, the Malaysian Institute of Certified Public Accountants, the Chartered Tax Institute of Malaysia and the Malaysian Association of Company Secretaries.