Board of Directors

Mr Lee joined the Board in February 2006 and was appointed as Chairman in February 2009 bringing approximately fifteen years’ experience in property development and financial services. He is the Executive Chairman of Mulpha Australia Limited and Mulpha International Bhd. Mr Lee isalso the Executive Chairman of Sun Hung Kai & Co. Limited, the leading non-bank financial institution listed in Hong Kong, and is a non-executive director of Ambrian Capital PLC, a company listed on the Alternative Investment Market of the London Stock Exchange.

Mr Crombie joined the Board in August 2001. Mr Crombie has more than thirtyfive years’ experience in company management and directorship, mainly in rural businesses, and has also been engaged in property development on the Sunshine Coast and in Brisbane. He is currently President of the National Farmers’ Federation, serves on the Board of Export Finance Insurance Corporation, is a Commissioner of the Australian Centre for International Agricultural Research and is President of the Queensland Rugby Union.

Mr Brown joined the Board as Managing Director in February 2003. Mr Brown has in excess of twenty years’ experience in property development, having held senior executive positions in national ASX listed companies including Thakral Holdings Group, Walker Corporation Limited and Australand Property Group. Mr Brown is a director of Metlifecare Limited, a company listed on the New Zealand Stock Exchange.

Mr Dyer was appointed as a director in March 2009. Mr Dyer holds degrees in Economics and Law and qualified as a Chartered Accountant whilst working for KPMG. He has broad commercial experience in a range of industries, including media, advertising, defence, technology and property and has held management and corporate director positions in Australia, New Zealand and the United States of America. Mr Dyer is currently a director and Chief Financial Officer of Mulpha Australia Limited.

Mr Frayne was appointed as a director on 1 July 2008. He has over forty years’ experience in chartered accountancy in audit and corporate services fields. Mr Frayne was appointed as a partner of PKF Chartered Accountants and Business Advisers (PKF) in 1983 and from that time headed up the Audit and Assurance Division of PKF Brisbane until his retirement in June 2006.

Mr McKinnon joined the Board in May 2005. He has extensive experience in property and financing gained through more than twentyfive years in investment banking. Mr McKinnon was responsible for establishing the property finance business of Bankers Trust Australia Limited in 1993. In 1999, Mr McKinnon set up his own specialist financial group, Winchester Property Services Limited. Mr McKinnon is also a director of Gresham Property Funds Management Limited which manages mezzanine loan funds for property development and investment.

Mr Parker joined the Board in July 1987. He is a founding director of FKP Limited with over thirtyfive years’ experience as a real estate agent and property developer. Mr Parker is a registered real estate agent having operated real estate businesses in Darwin and on the Sunshine Coast, and spent seven years in Brisbane and the Northern Territory in a marketing capacity for one of Queensland’s largest land developers. In 1975, Mr Parker relocated to the Sunshine Coast and subsequently established his own real estate business, expanding into property management, body corporate administration and the sale and leasing of commercial buildings. Mr Parker has been a director of Forest Place Group Limited since April 2004.