2 Mar, 2012

SINGAPORE, 2 MARCH 2012 – Raffles Quay Asset Management (RQAM), the manager of Marina Bay Financial Centre (MBFC) and One Raffles Quay (ORQ), today announced that Mr Warren Bishop will take over as Chief Executive Officer (CEO) from Mr Wilson Kwong, effective 1 April 2012.

Prior to his current appointment, Mr Bishop was CEO at Tradeport, Hongkong Land‟s joint venture logistics centre at Hong Kong International Airport. Mr Bishop joined Jardine Matheson & Co. in 1994 and brings with him almost 18 years of management experience in a range of senior executive positions in the Group’s engineering, motor trading and airport services-related companies.

In his new role, Mr Bishop will focus on managing MBFC and ORQ, which comprises a total of almost 4.5 million square feet of prime Grade A office and retail space and 649 luxury apartments, located in the heart of the new Marina Bay financial district.

Mr Bishop said, “Under Wilson’s leadership, the RQAM team has established MBFC and ORQ as a symbol of business and financial excellence in Singapore. I look forward to working with the RQAM team and joint venture partners to continue and further that success, and wish Wilson the very best as he transfers to a new role in Jardines in Hong Kong.”

Mr Kwong joined RQAM in May 2008. During his tenure, Mr Kwong saw the successful completion of Phase 1 of MBFC, where office Towers 1 & 2; Phase 1 of Marina Bay Link Mall (MBLM); and Marina Bay Residences were fully leased or sold ahead of completion. Mr Kwong also took a leading role in the development of Phase 2 which includes office Tower 3, Phase 2 of MBLM and Marina Bay Suites. It has been targeted for MBFC Tower 3 to achieve its Temporary Occupation Permit in 1Q 2012.

“It has truly been a pleasure to lead RQAM for the past four years, working alongside so many talented individuals, and to have been a part of the many milestones that RQAM has achieved. With Warren’s expertise and experience, I am confident of the continued success of RQAM under his proven leadership,” shared Mr Kwong.

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For more information, please contact:
Fiona Koh
Fleishman Hillard
DID: +65 6424 6362
Email: fiona.koh@fleishman.com

Lester Lim
Raffles Quay Asset Management
DID: +65 6654 1376

Email: lester.lim@rqam.com.sg

Raffles Quay Asset Management
Raffles Quay Asset Management (RQAM) was established in 2001 to manage and market projects jointly developed by Cheung Kong (Holdings) Limited, Hongkong Land and Keppel Land Limited – three of Asia’s most experienced property developers.

RQAM manages One Raffles Quay and Marina Bay Financial Centre (MBFC), two premium developments in Singapore‟s new downtown at Marina Bay that account for approximately 4.5 million square feet of Grade A office and retail space in the Central Business District of Singapore. This forms the single largest collective Grade A office space in Singapore.

As the manager, RQAM ensures the world-class facilities at these two developments are maintained to the highest standards, befitting the “Asia’s Best Business Address‟ positioning for MBFC, the single largest integrated mixed use development in Singapore’s new downtown.

RQAM also oversees the ongoing development of the MBFC project, which includes MBFC Tower 3 and luxury condominium Marina Bay Suites, scheduled for completion in 2013, managing the contractor and consultants to ensure the safety, quality and timeliness of construction. RQAM also manages the retail leasing and mall management of Marina Bay Link Mall (MBLM), the retail component of MBFC.

About Marina Bay Financial Centre
Marina Bay Financial Centre (MBFC) sits on a prime 3.55 hectare waterfront site at the heart of Singapore’s new downtown. The tenant-centric design of this purpose-built financial centre combines the best in form and function, making it a key draw for businesses and befitting Singapore’s position as a global financial hub.

Developed over two phases, MBFC offers a breathtaking blend of three distinguished office towers with nearly 3 million sq ft of Grade A office space, two residential towers comprising 649 luxury apartments and penthouses as well as approximately 176,000 sq ft of retail space to meet the daily convenience of our business community and residents.

MBFC Phase 1 comprising office Towers 1 & 2 and Marina Bay Link Mall is jointly owned by Hongkong Land, K-REIT Asia and Suntec REIT, while MBFC office Tower 3 and the two residential towers are jointly developed and owned by Cheung Kong (Holdings), Hongkong Land and Keppel Land.

MBFC achieved the Green Mark Gold for its office Towers 1 & 2, Marina Bay Residences and Marina Bay Suites, as well as the Green Mark Gold Plus for its office tower 3 conferred by the Building and Construction Authority (BCA) of Singapore. These awards recognise the efforts made by the developers to encourage sustainable design practices, and makes MBFC one of the few developments to win more than one BCA Green Mark award.

For more information about Asia’s best business address, please visit the MBFC website @ http://www.mbfc.com.sg.

About One Raffles Quay
One Raffles Quay comprises two office towers totaling 1.3 million sq ft of office space. The 29-storey South Tower has 18 office floors, with a typical floor area of 30,000 sq ft, while the 50-storey North Tower has 42 office floors with a typical floor area of 18,000 sq ft. ORQ was awarded the prestigious 2008 Prix d’Excellence in the “Office‟ category by The International Real Estate Federation (FIABCI) for embodying excellence in all aspects of development including construction, brokerage, facilities management, marketing strategy, impact on the local community and benefit to the environment. ORQ has achieved the Green Mark Gold award conferred by the Building and Construction Authority (BCA) of Singapore. ORQ is jointly owned by Hongkong Land, K-REIT Asia and Suntec REIT.

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