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Frasers Property ( (SG:TQ5) ) has issued an announcement.
Frasers Property Limited announced significant changes in its board of directors effective February 8, 2025. Mr. Charoen Sirivadhanabhakdi will retire as Chairman of the Board and be honored as Chairman Emeritus for his contributions to the company. Mr. Chumpol NaLamlieng will take over as the new Chairman, while Dr. Nithinart Sinthudeacha will join as a Non-Executive and Independent Director, and a member of the Sustainability and Risk Management Committee. These changes indicate a strategic shift in leadership aimed at leveraging new insights and experience to drive the company’s future growth and sustainability initiatives.
More about Frasers Property
Frasers Property Limited, incorporated in Singapore, is a diversified real estate company with a focus on property development, investment, and management across various asset classes including residential, commercial, retail, and industrial properties. The company operates globally with a strong presence in Asia, Australia, Europe, and the Middle East.
YTD Price Performance: -2.77%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.47B
See more insights into TQ5 stock on TipRanks’ Stock Analysis page.
