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12-12-2015, 12:10 AM
What does a real estate tycoon brings value to the agriculture giant.
Perennial Real Estate CEO to become COO at Wilmar.
http://www.channelnewsasia.com/news/busi...39208.html
SINGAPORE: The Chief Executive Officer of Perennial Real Estate Holdings will take on the additional role of Chief Operating Officer (COO) at agriculture giant Wilmar International, strengthening ties between the two firms.
Announcing this in a statement on Friday (Dec 11), Perennial said Mr Pua Seck Guan will become COO and executive director at Wilmar with effect from Jan 1, 2016.
Mr Pua will retain his positions in Perennial.
“Seck Guan’s roles in Perennial and Wilmar will further strengthen and deepen the relationship between the two companies," Wilmar Chairman and CEO Mr Kuok Khoon Hong said in a statement.
Mr Pua's primary responsibility at Wilmar will be to assist Mr Kuok with overseeing and managing the various business divisions and developing new businesses.
Wilmar, one of the world's largest suppliers of palm oil, holds an effective interest of about 13.1 per cent in Perennial. Mr Kuok, who is Perennial's chairman, holds a larger effective interest of about 37.1 per cent in Perennial due to his interests in other firms.
Wilmar said current COO and executive director Mr Teo Kim Yong, will be retiring on Dec 31.
Perennial also announced the appointment of Mr Goh Soon Yong as group chief operating officer with effect from Jan 1, 2016. He is currently an advisor of Perennial, having previously been deputy CEO for China at Perennial.
Perennial is a Singapore-based property developer with large integrated projects in China. In Singapore, it manages and is invested in properties such CHIJMES, Capitol Singapore, TripleOne Somerset, AXA Tower and the House of Tan Yeok Nee.
- CNA/xk
Financial Freedom can be achieved through prudence and patience capital.
http://www.bytesizedinvestments.com/
Perennial Real Estate CEO to become COO at Wilmar.
http://www.channelnewsasia.com/news/busi...39208.html
SINGAPORE: The Chief Executive Officer of Perennial Real Estate Holdings will take on the additional role of Chief Operating Officer (COO) at agriculture giant Wilmar International, strengthening ties between the two firms.
Announcing this in a statement on Friday (Dec 11), Perennial said Mr Pua Seck Guan will become COO and executive director at Wilmar with effect from Jan 1, 2016.
Mr Pua will retain his positions in Perennial.
“Seck Guan’s roles in Perennial and Wilmar will further strengthen and deepen the relationship between the two companies," Wilmar Chairman and CEO Mr Kuok Khoon Hong said in a statement.
Mr Pua's primary responsibility at Wilmar will be to assist Mr Kuok with overseeing and managing the various business divisions and developing new businesses.
Wilmar, one of the world's largest suppliers of palm oil, holds an effective interest of about 13.1 per cent in Perennial. Mr Kuok, who is Perennial's chairman, holds a larger effective interest of about 37.1 per cent in Perennial due to his interests in other firms.
Wilmar said current COO and executive director Mr Teo Kim Yong, will be retiring on Dec 31.
Perennial also announced the appointment of Mr Goh Soon Yong as group chief operating officer with effect from Jan 1, 2016. He is currently an advisor of Perennial, having previously been deputy CEO for China at Perennial.
Perennial is a Singapore-based property developer with large integrated projects in China. In Singapore, it manages and is invested in properties such CHIJMES, Capitol Singapore, TripleOne Somerset, AXA Tower and the House of Tan Yeok Nee.
- CNA/xk
Financial Freedom can be achieved through prudence and patience capital.
http://www.bytesizedinvestments.com/