The responsibilities of our key management team are as follows:
Chief Executive Officer (CEO)
Our CEO is responsible for the day-to-day operations of MQM and the Fund, and together with the Board, the CEO shall determine the strategy of MQREIT. Our CEO will also work with the other members of our management team to manage and operate MQREIT achieving the Fund's objectives in accordance with the Deed, Capital Markets and Service Act 2007 and REITs Guidelines. In addition, the CEO will be responsible to plan the future strategic development and growth of MQREIT.
Our CEO, together with the Board, will identify and evaluate potential acquisitions with a view to enhance the Fund. Our CEO is responsible for the overall management, investment and asset management strategies as well as the strategic growth of MQREIT.
Yong-Su-Lin holds a Bachelor of Arts in Finance degree from the University of Northern Iowa, USA. She started her career in corporate banking, managing project financing and lending to property companies, small and medium enterprises, as well as large corporations. Prior to her involvement in the operations of MQM, she had six years of corporate advisory experience, working in one of the top five audit firms in Malaysia. In her career as a corporate consultant, she was involved in corporate advisory projects for various industry sectors.
Since June 2006, Su-Lin was part of the core team that spearheaded the listing of MQREIT. She has been involved in the day-to-day operations of MQREIT, and led the investment and investor relations functions as part of the core team since May 2006. She held the role of CEO since 1 June 2012.
Chief Financial Officer (CFO)
Our CFO is responsible for the full spectrum of financial of MQREIT.
Finance and Accounting function. The CFO is the person primarily responsible for the financial affairs of MQREIT, which encompasses record keeping, financial reporting, financial and tax compliance, debt financing, treasury function and tax planning. Besides the financial affairs, the CFO is also actively involved in ensuring that MQREIT’s risk management and internal control systems are in place and working effectively to safeguard MQREIT’s assets.
The Asset / Property Manager is responsible for formulating the business plan of MQREIT’s properties with short, medium and long-term objectives, and with a view to maximizing the rental income of MQREIT via active asset management. The Asset / Property Manager works closely with the Chief Executive Officer to implement MQREIT strategies so as to ensure that its properties maximize their income generation potential and minimize their expense base without compromising the marketability of the rentable space. The Asset Management Team led by the Asset Manager focuses on the operations and implementation of the short to medium term objectives of MQREIT’s portfolio and supervises the Property Manager in the implementation of MQREIT’s strategies.
Chan Fong Hin has more than 20 years of experience in operation, maintenance and management of office buildings. He possesses an Electrical High Pressure Certificate 11 kV - (BO) from University Tenaga Nasional (UNITEN). Prior to his present appointment as Asset Manager with MQM, he was employed with Knight Frank (Ooi & Zaharin Sdn Bhd) property management division where he managed the overall operation and maintenance of the commercial properties under MQREIT portfolio namely, Wisma Technip and assist in technical support and administration for all other buildings under MQREIT's portfolio. Previously, he also held the post of Facility Manager in R-Segari Holdings Sdn Bhd, where he managed the overall operation and maintenance of the client's facilities including implementation of the asset monitoring software system Computerised Maintenance Monitoring System (CMMS). Prior to that, he was the Maintenance Chargeman for Hong Leong Properties Management Sdn Bhd responsible for the daily operation and maintenance of Wisma Hong Leong.
Investment and Investor Relations Manager
The Investment and Business Development Manager's primary role is to identify and evaluate potential acquisitions with a view to enhancing MQREIT's portfolio. Her responsibilities also include evaluating potential divestments where a property is no longer strategic or fails to enhance MQREIT's portfolio or fails to be accretive. The Investment and Business Development Manager also recommends and analyses potential asset enhancement initiatives. In order to support these various initiatives, the Investment and Business Development Manager develops financial models to test the financial impact of different courses of action. These findings help to develop and aid in implementing the proposed initiatives.
The Investor Relations Manager is responsible for all liaison and communication with unitholders by maintaining continous disclosure and transparent communication with unitholders and the market. This includes regular analyst meetings, roadshows, and quarterly performance announcements and production of annual reports. In addition, she is responsible for market research and monitoring industry trends.
Joyce Loh is the Investment & Investor Relations Senior Manager of MQM. She holds a Bachelor of Commerce from University of Melbourne, Australia. She started her career in BDO Capital Consultants Sdn Bhd and Covenant Equity Consulting Sdn Bhd for more than 5 years, as a corporate consultant involved in corporate advisory and recovery projects for various industry sectors. She also has experience in investor relations with a public listed company in the insurance sector. Her other experiences include corporate finance and advisory work and recruitment of finance professional for various industries in an executive search company.
Legal Compliance function. This function ensures that MQREIT complies with the regulatory requirements governing the establishment, operation and management of MQREIT such as the Capital Markets and Services Act 2007, REITs Guidelines, SC Guidelines on Unit Trust Funds, Bursa Securities Listing Requirements and other relevant legislations. The legal and compliance function also periodically monitors the operations of MQREIT to ensure that there are no breaches to the covenants of the Trust Deed and any other contracts/agreements entered into by MQREIT with third parties.
The Leasing Manager’s primary role is to source, identify, communicate and negotiate with existing tenants, prospective tenants and real estate agents for the leasing and marketing of available commercial and retail spaces within MQREIT’s portfolio. . The Leasing Manager acts as the main contact person for tenancy queries as well as tenant services, liaison and administration matters. Other key responsibilities includes monitoring the portfolio’s tenancy mix to ensure healthy tenant mix and occupancy rate are achieved.