“I look forward to working closely with the board and management team to reinvigorate Suntec REIT’s strategy, with a focus on narrowing the prevailing discount to net asset value (NAV), taking advantage of compelling growth opportunities in the current environment and realising value for all unitholders,” said Matheson.
The composition of the board of the manager are as follows: Yap Chee Meng, lead independent non-executive director; Chan Pee Teck Peter, independent non-executive director; Yu-Foo Yee Shoon, independent non-executive director; Lock Wai Han, non-executive director; Shen Jinchu, non-executive director; Matthew Lawson, non-executive director and Chong Kee Hiong, chief executive officer and executive director.
Units in Suntec REIT closed 2 cents higher or 1.562% up at $1.30 on Oct 1.
