Peter Lim speeds things up at Rowsley

Singapore

SINGAPORE tycoon Peter Lim is shaking things up at Rowsley, with a revamped board to boot, in an attempt to push the firm to exploit growth opportunities at a speedier clip.

The billionaire's impatience over Rowsley's sedate pace of transformation into a major real estate player could be what triggered the recently announced management and board shakeup with the departure of its chairman and group chief executive plus two other directors.

"The growth of Rowsley over the last two years has not been satisfactory. Peter wants it to be a lot bigger and to go about thin…