Elite Commercial Reit CFO resigns

THE manager of Elite Commercial Reit on Thursday (Aug 10) announced that its chief financial officer Joel Cheah has resigned “to pursue other opportunities”. 

Cheah’s last day of service will be on Nov 6, 2023, after more than three-and-a-half years at his post. 

The real estate investment trust’s (Reit) manager said the 39-year-old has been responsible for the Reit’s overall financial, treasury, tax and risk management matters, and has worked with the management team to formulate strategic plans for it. 

He was also a member of the Reit’s sustainability committee.

Units of Elite Commercial Reit closed at S$0.305 on Thursday, up 1.7 per cent or S$0.005, before the announcement.