CapitaLand Ascott Trust Announces Leadership Change
Company Announcements

CapitaLand Ascott Trust Announces Leadership Change

Ascott Residence Trust (SG:HMN) has released an update.

CapitaLand Ascott Trust has announced the upcoming retirement of Mr Bob Tan as Chairman and the appointment of Mr Lui Chong Chee as his successor effective 22 April 2024. Tan, who led the trust through significant growth and navigated it through the COVID-19 pandemic, expresses confidence in CLAS’s future under the new leadership. The change is part of the trust’s ongoing Board renewal process, ensuring continued strategic growth and value creation for its stakeholders.

For further insights into SG:HMN stock, check out TipRanks’ Stock Analysis page.

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