Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
CDL Hospitality Trusts ( (SG:J85) ) has shared an update.
CDL Hospitality Trusts has announced a series of board and committee changes effective 23 January 2026 to align with regulatory requirements and strengthen governance. Independent non-executive director Kenny Kim will step down from the boards of the REIT manager and business trust trustee-manager, as well as from their audit, risk and sustainability committees, in compliance with updated independence criteria. He will be succeeded by Richard Anthony Johnson, who joins as an independent non-executive director and member of the audit and risk committees, bringing extensive experience in real estate assets and hospitality-related businesses that is expected to enhance the boards’ core competencies. In addition, independent director Ms Chan Soon Hee, Eric, will assume membership of the board sustainability committees in place of Kim, reflecting a reconfiguration of committee responsibilities while maintaining independent oversight.
The most recent analyst rating on (SG:J85) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on CDL Hospitality Trusts stock, see the SG:J85 Stock Forecast page.
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 established in Singapore. The group focuses on investing in and managing hospitality-related real estate assets, positioning itself within the hotel and broader lodging sector, with governance overseen by dedicated boards and committees for audit, risk, and sustainability matters.
Average Trading Volume: 1,309,906
Technical Sentiment Signal: Hold
Current Market Cap: S$1.09B
Learn more about J85 stock on TipRanks’ Stock Analysis page.