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Suntec Real Estate Investment ( (SG:T82U) ) has shared an update.
Suntec Real Estate Investment Trust announced the retirement of Mr. Lim Hwee Chiang as a Non-Executive Director effective from February 14, 2025. Mr. Lim’s extensive experience and strategic guidance have been instrumental in the company’s growth, particularly in strengthening its portfolio foundation. The board also plans to appoint Mr. Matthew James Lawson as a Non-Executive Director Designate, pending regulatory approval, marking a significant change in the board’s composition and potentially influencing Suntec REIT’s future strategic direction.
More about Suntec Real Estate Investment
Suntec Real Estate Investment Trust (Suntec REIT) operates in the real estate sector, focusing on investment and management of commercial properties. The company aims to deliver stable and sustainable distributions to its unitholders by investing in a diversified portfolio of income-producing real estate assets.
YTD Price Performance: 2.82%
Average Trading Volume: 1,333
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.55B
See more data about T82U stock on TipRanks’ Stock Analysis page.