The Manager
Corporate Governance

The Manager is responsible for the strategic direction and management of the assets and liabilities of MIT and its subsidiaries (collectively, the “Group”). As a REIT Manager, the Manager is licensed by the Monetary Authority of Singapore (the "MAS") and holds a Capital Markets Services Licence for REIT management (“CMS Licence”).

The Manager discharges its responsibility for the benefit of MIT and its unitholders, in accordance with the applicable laws and regulations as well as the trust deed constituting MIT (as amended) (the “Trust Deed”). The Manager sets the strategic direction of the Group and gives recommendations to DBS Trustee Limited, in its capacity as trustee of MIT (the “Trustee”), on the acquisition, divestment or enhancement of assets of the Group.

The Manager’s roles and responsibilities include:

  • carrying out and conducting the Group’s business in a proper and efficient manner and conducting all transactions with or for the Group on an arm’s length basis and on normal commercial terms;
  • preparing annual budget proposal with forecast on gross revenue, property expenditure, capital expenditure and providing explanations of major variances against prior year's actual results and written commentaries on key issues and any other relevant assumptions. The purposes of such proposals and analyses are to chart the Group's business for the year ahead and to explain the performance of MIT’s properties compared to the prior year; and
  • ensuring compliance with the applicable laws and regulations, including the Securities and Futures Act (Chapter 289 of Singapore), the Listing Manual of Singapore Exchange Securities Trading Limited, the Code on Collective Investment Schemes issued by the MAS (including Appendix 6 of the CIS Code, the "Property Funds Appendix"), the Singapore Code on Takeovers and Mergers, the Trust Deed, written directions, notices, codes and other guidelines that MAS may issue from time to time and any tax rulings.

Board Composition

The Manager adopts the principle that an effective Board of Directors (the “Board”) for the Manager is one which is constituted with the right core competencies and diversity of experience, so that the collective wisdom of the Board can give guidance and provide insights as well as strategic thinking to the management team of the Manager ("Management").

The key roles of the Board are to:

  • guide the corporate strategy and direction of the Group;
  • ensure that Management discharges business leadership and demonstrates the highest quality of management with integrity and enterprise; and
  • oversee the proper conduct of the Manager.
Board Members Membership
Mr Wong Meng Meng Non-Executive Chairman and Director
Mr Soo Nam Chow Chairman of the Audit and Risk Committee and Independent Non-Executive Director
Mr John Koh Tiong Lu Lead Independent Non-Executive Director and Member of the Audit and Risk Committee 
Mr Seah Choo Meng Non-Executive Director and Member of the Audit and Risk Committee
Mr Wee Joo Yeow Chairman of the Nominating and Remuneration Committee and Independent Non-Executive Director
Ms Mary Yeo Chor Gek Member of the Nominating and Remuneration Committee and Independent Non-Executive Director
Mr Guy Daniel Harvey-Samuel  Independent Non-Executive Director
Mr Hiew Yoon Khong Non-Executive Director and Member of the Nominating and Remuneration Committee 
Mr Wong Mun Hoong Non-Executive Director
Mr Tham Kuo Wei Executive Director and Chief Executive Officer


To reinforce a culture of good business ethics and governance, the Manager has a Whistle-blowing Policy to encourage the reporting, in good faith, of any suspected improper conduct, including possible financial irregularities, while protecting the whistle-blowers from reprisals. Any reporting concerning the Group or the Manager is notified to the Audit and Risk Committee Chairman of the Sponsor as well as the Audit and Risk Committee Chairman of the Manager for investigation and to the Audit and Risk Committee of the Manager on the findings. 

For queries or to make a report, please write to

The latest Corporate Governance Report can be found here.

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