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Brunei Sovereign Wealth Fund appoints Mapletree Industrial Trust Management

Brunei

Mapletree Industrial Trust Management Ltd. (the “Manager”), as the Manager of Mapletree Industrial Trust (“MIT”), wishes to announce the appointment of Noorsurainah Tengah as an Independent Non-Executive Director of the Manager with effect from 1 April 2023. Noorsurainah Tengah is the Executive Manager, Head of Alternative Assets, and Head of Listed Assets at the Brunei Investment Agency, the sovereign wealth fund of the Government of Brunei.

Tengah has been with the Brunei Investment Agency for 15 years; her prior positions have included the Head of Absolute Return, Portfolio Manager Private Equity, Assistant Portfolio Manager External Fund Management, and Analyst of the Macro, Fixed Income, Credit and Equity group. She also serves on the boards of Boqii Holding Limited and EG Acquisition Corp, both of which are listed on the New York Stock Exchange.She holds a Masters in Finance and Economics from the Manchester Business School. She is a Chartered Financial Analyst as well as a Chartered Alternative Investment Analyst.

Mapletree Industrial Trust (“MIT”) is a real estate investment trust listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets. 

As at 31 December 2022, MIT’s total assets under management was S$8.8 billion, which comprised 85 properties in Singapore and 56 properties in North America (including 13 data centres held through the joint venture with Mapletree Investments Pte Ltd).  MIT’s property portfolio includes Data Centres, Hi-Tech Buildings, Business Park Buildings, Flatted Factories, Stack-up/Ramp-up Buildings and Light Industrial Buildings.

MIT is managed by Mapletree Industrial Trust Management Ltd. and sponsored by Mapletree Investments Pte Ltd.

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