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The latest update is out from CDL Hospitality Trusts ( (SG:J85) ).
CDL Hospitality Trusts announced significant changes in its board composition, with Dr. Foo Say Mui stepping down from several key positions, including Independent Non-Executive Director and Chairman of various committees, effective May 9, 2025. The changes are in line with regulatory compliance, and new appointments have been made to ensure the majority of the board remains independent, which could impact the company’s governance and strategic direction.
More about CDL Hospitality Trusts
CDL Hospitality Trusts is a stapled group comprising CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust, both constituted under the laws of the Republic of Singapore. The company operates in the real estate investment sector, focusing on hospitality assets, and is managed by M&C REIT Management Limited and M&C Business Trust Management Limited.
Average Trading Volume: 2,141,591
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$987.7M
See more insights into J85 stock on TipRanks’ Stock Analysis page.