CDLHT Forms New Board Sustainability Committee

CDL Hospitality Trusts (SG:J85) has released an update.

CDL Hospitality Trusts (CDLHT) has announced the formation of the Board Sustainability Committee (BSC) for both its REIT and Business Trust arms, with Dr. Foo Say Mui appointed as Chairman. The move, effective as of April 5, 2024, signals CDLHT’s commitment to sustainability within its governance structures. This initiative may influence investor confidence and the future performance of CDLHT’s stapled securities which are subject to market risks and economic conditions.

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