Olivier Lim back as Australand chairman

Singapore

OLIVIER Lim is said to be getting back one of his old appointments: chairmanship of Australand Property Group.

Mr Lim, who was formerly group deputy CEO of CapitaLand, had served as Australand's chairman until CapitaLand divested its investment in the company earlier this year. Frasers Centrepoint later launched a takeover of Australand and has taken it private.

It is thought that while Frasers Centrepoint (controlled by Thai tycoon Charoen Sirivadhanabhakdi) does not plan to relist Australand in the near future, it has nevertheless decided to appoint a …