KIP REIT REAL ESTATE INVESTMENT TRUST (1169638-M)

MS. VALERIE ONG

Non Independent Non-Executive Director

Ms. Valerie Ong was appointed as Non-Independent Non-Executive Director to the Board of KIP REIT Management Sdn Bhd, the Manager for KIP Real Estate Investment Trust (KIP REIT) on 30 November 2018.

Valerie is the Group Chief Executive Officer of KIP Group of companies, she works closely with the Board of Directors, serving as the bridge between the divisions within the company. KIP Group of companies comprises property development (residential, commercial, shopping malls), retail management, KIPMall, as well as hospitality in the form of KIP Hotel. On the group level, Valerie directs the company’s goals and vision, partnering with high-level officers to grow and strengthen the company’s position in the industry and to ensure its sustainability. On the management level, Valerie works with all divisions’ heads and closely monitors the progress of development, operational and financial performance. She also liaises with the Chief Financial Officer in the preparation of annual budgets, complete risk analysis on potential investments, and advises the Board of Directors with regard to investment risk and return. Her role also requires her to collaborate with Human Resources Department regarding maintaining best hiring practices, payroll management, benefit disbursement, overseeing quality control and establishing goals for each department in partnership with division managers.

She was an exco member of the Real Estate and Housing Developers’ Association Malaysia (REHDA) Youth from 2014 to 2016 and also an exco member of the Young President Organization (YPO) 2020.

Ms Valerie Ong holds a Bachelor of Art degree from the Melbourne University and a Master degree (MSc Science) in Business Management (Marketing) from University of West of England.