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Resignations hit Keppel T&T ahead of Reit listing
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Anita Gabriel
Published Wed, Apr 30, 2014 · 10:00 PM
Singapore
SEVERAL senior resignations in recent weeks at Keppel Telecommunications and Transportation (Keppel T&T) and its data centre business could raise questions over its highly anticipated listing of the unit.
The Business Times understands that Keppel T&T's chief executive officer, Pang Hee Hon, plans to step down from the post which he has held since January 2010. The decision takes place at a pivotal time when Keppel T&T is readying itself for a milestone transaction - to spin off its data centre business and list it as a real estate investment trust (Reit) on Singapore Exchange's mainboard.
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