Navene Elangovan

Its on-balance sheet hospitality assets are expected reduce to S$2.5 billion following the portfolio optimisation

The 336-unit hotel will be sold at 4% above book value

He will not seek re-election as chair of Singapore Business Federation after his term ends in June

The Singapore group’s wholly owned subsidiary has endured a string of crises in recent years

Including the new mandate, CLI has completed ‘over S$12.1 billion’ in Singapore deals in the past 16 months

Jennifer Duong Young, Daniel Marie Ghislain Desbaillets, Wong Ai Ai’s appointments had featured in chairman Kwek Leng Beng’s earlier lawsuit

The privatisation move comes out of Sen Yue’s prolonged trading suspension and regulatory overhang

Yip is retiring after more than four decades in the public sector

It will also deploy fuel subsidies to ease the financial pressure on its drivers in the wake of higher pump prices amid the Iran war

If approved by shareholders, the company can acquire up to 10% of its total issued shares