CapitaLand Malaysia REIT Management Sdn. Bhd. (formerly known as CapitaLand Malaysia Mall REIT Management Sdn. Bhd.) ("CMRM" or the "Company"), as manager of CapitaLand Malaysia Trust (formerly known as CapitaLand Malaysia Mall Trust) ("CLMT"), had on 29 October 2021 announced the appointment of Mr. Tan as Chief Executive Officer, Designate with effect from 1 November 2021. It was also announced that Mr. Tan will succeed Ms Low Peck Chen as the Chief Executive Officer upon receipt of the authorities' clearance of Mr. Tan's appointment. CMRM had obtained the authorities' clearance and accordingly, Mr. Tan will be appointed as Chief Executive Officer of CMRM with effect from 1 January 2022. Mr. Tan has more than 20 years of experience in financial management, investments, corporate finance, treasury and investment banking. He was formerly the Chief Financial Officer ("CFO") of Ascendas Property Fund Trustee Pte. Ltd. ("APFT"), trustee-manager of Ascendas India Trust, a property trust which owns seven IT parks and one logistics park in India and is currently listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX"). Immediately prior to joining APFT, he was the Head of Corporate Finance & Treasury at Ascendas-Singbridge Pte. Ltd., where he oversaw Ascendas-Singbridge Group's corporate finance and treasury activities across the region.