Sasseur Real Estate Investment Trust

SASSEUR Reit's manager announced on Friday that its CEO Anthony Ang Meng Huat will be retiring and stepping down after more than four years, to be replaced by Tan Hong Lye Cecilia from Aug 1, 2021.

Ms Tan will join the manager as the CEO-designate on July 1, 2021 and will officially assume the CEO position on Aug 1, 2021. Mr Ang's last day of service will be July 31, 2021. He has been CEO since March 2017.

Ms Tan will relinquish her current role as the senior strategic adviser to Vito Xu in his capacity as chairman of Sasseur Group prior to assuming this new appointment. She was first appointed to this role in July 2019.

Real estate veteran Ms Tan has over 15 years of related experience and expertise in cross-border real estate investment, real estate fund management, listing of and management of Reits. A former investment banker, she is well acquainted with public equity and debt capital markets, said Sasseur Reit's manager in a statement.

The manager has received the requisite approval from the Monetary Authority of Singapore for its appointment of Ms Tan as the new CEO.

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ecoWise Holdings

CATALIST-LISTED environmental solutions provider ecoWise Holdings announced that it received a requisition notice from three members of the company - Tan Swee Boon, Tan Jin Beng Winston and Sunny Ong Keng Hua - to convene an extraordinary general meeting.

The company is currently verifying the shareholdings of each of the requisition members, and seeking legal advice on the validity of the requisition notice. As such, its directors have not reached any conclusive views.

ecoWise said that the proposed resolutions will be "considered carefully" only after the validity of the notice has been verified and confirmed, and the company will update shareholders when there are material developments.

Sarine Technologies

ISRAEL-BASED diamond technology firm Sarine Technologies on Friday said its activities throughout Israel have not been affected by the recent rocket attacks into the country, or by the sporadic domestic unrest that is currently taking place there. In a brief statement on the Singapore Exchange, the company said it was responding to various queries made by its customers, investors and friends in Singapore, India and other countries.