Two New Directors Appointed at FSL Trust

FSL Trust Management Pte. Ltd. (FSLTM), as trustee-manager of First Ship Lease Trust (FSL Trust), announced the appointment of Mr. Simon Davidson and Mr. Timothy James Reid to its Board of Directors.

Simon Davidson joins the Board of FSLTM as independent and non-executive director. He is a partner at Holman Fenwick Willan in Singapore and has practiced in the areas of shipping, commodity and other litigation in the High Court in London, the High Court in Hong Kong and in arbitration in London, Hong Kong, Singapore and numerous other jurisdictions over a period of nearly three decades.

Timothy James Reid will serve as non-independent and non-executive director on the Board of FSLTM. He is currently a Director of FSL Holdings Pte. Ltd., the sponsor of FSL Trust. Mr. Reid is a partner at Ferrier Hodgson with 23 years of experience in the accounting profession, specialising in insolvency and restructuring of businesses. The above appointments have been made by FSL Holdings Pte. Ltd., the substantial shareholder of the Trustee-Manager, through FSL Asset Management Pte. Ltd.

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