The younger Kwek’s appointment as GCOO was effective from Jan 1 onwards.
In addition to his roles, Kwek is also the executive director of Millennium & Copthorne Hotels Limited (M&C), a substantial stapled securityholder of CDLHT.
CDLHT, on Oct 18, also announced several changes to its board.
One of the changes include the appointment of Chan Soon Hee, Eric as the chairman of CDLHT’s nominating and remuneration committees (NRCs) with effect from Oct 20.
See also: Singtel’s Optus appoints non-executive director John Arthur as chairman of the board
Chan replaces outgoing chairman Ronald Seah Lim Siang, who is stepping down from the boards of the managers of CDLHT, as he would have served on both boards as independent director for nine years on Oct 20. With his cessation, Seah will also step down from his position of chairman of CDLHT’s NRCs and member of the audit and risk committees of CDLHT’s managers.
Units in CDLHT closed 1 cent higher or 0.99% up at $1.02 on Oct 18.
