Listing hindered ARA's growth: John Lim
It made it difficult for the company to change strategy, introduce products, or invest across the globe, he said
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Singapore
BEING listed hindered ARA Asset Management's growth strategy, group founder and chief executive officer John Lim said at the Asia Pacific Real Estate Association (APREA)'s AsiaPac Property Leaders Summit on Tuesday.
Asked during a panel discussion for his thoughts on how property investors' business strategies are evolving, Mr Lim said: "This question was asked during my privatisation shareholders' meeting. People were upset that we privatised, not because the price is not right, (but because) they think that they want to ride along with the growth of the organisation. They think that there is a lot of future in this, and I do agree."
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