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Far East Hospitality Trust Announces Leadership Transition

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Far East Hospitality Trust Announces Leadership Transition

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Far East Hospitality Trust ( (SG:Q5T) ) has shared an announcement.

Far East Hospitality Trust has announced a change in its board leadership, with Mr. Wee Kheng Jin retiring as Chairman on April 30, 2025, after over 13 years of service. He will be succeeded by Mr. Quek See Tiat, who brings extensive experience in accountancy, audit, and corporate governance. Under Mr. Wee’s leadership, the Trust achieved significant milestones, including improved corporate governance and strategic acquisitions. Mr. Quek aims to continue this trajectory of success and deliver long-term value to stakeholders.

More about Far East Hospitality Trust

Far East Hospitality Trust operates in the hospitality industry, focusing on real estate investment and business trusts in Singapore. It manages a portfolio that includes hotels and serviced residences, aiming to provide quality hospitality services and enhance shareholder value.

YTD Price Performance: -4.24%

Average Trading Volume: 1,665,551

Technical Sentiment Signal: Hold

Current Market Cap: S$1.14B

For a thorough assessment of Q5T stock, go to TipRanks’ Stock Analysis page.

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