Thapana, who is also the CEO of fellow Singapore Exchange (SGX)-listed group Thai Beverage (ThaiBev), will assume the position of Frasers Property’s Exco chairman on the same day.
Rodney Vaughan Fehring, CEO of Frasers Property Australia, will also be co-opted as a member of the Exco.
Following the changes, Frasers Property’s Exco now comprises the following members:
- Thapana Sirivadhanabhakdi (chairman, non-executive and non-independent director)
- Pramoad Phornprapha (non-executive and independent director)
- Wee Joo Yeow (non-executive and independent director)
- Panote Sirivadhanabhakdi (group CEO, executive and non-independent director)
- Sithichai Chaikriangkrai (non-executive and non-independent director)
- Rodney Vaughan Fehring (co-opted member)
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As at 12.32pm, shares in Frasers Property are trading 1 cent lower or 1.30% down at 76 cents.