Sabana Real Estate Investment Management's chairman steps down due to health reasons
SABANA Real Estate Investment Management, the manager of Sabana Reit, announced on Friday that Steven Lim Kok Hoong, chairman of the board and independent non-executive director, has resigned due to health reasons.
Yong Kok Hoon, the remaining independent non-executive director, has been appointed as the new chairman of the board with effect from July 28, 2017.
Mr Lim has also stepped down as member of the Audit Committee, Nominating and Remuneration Committee and Strategic Review Committee.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Tesla cuts US prices by US$2,000 as sales slow, inventories swell
Volkswagen workers vote decisively to unionise in Tennessee
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try