Frasers Property (formerly: Frasers Cpt (FCL))

[cyclone]

Key organisational changes

* Mr Lim Ee Seng to retire on 30 September 2016; Mr Panote Sirivadhanabhakdi appointed as Group CEO-designate, will take over as Group CEO following Mr Lim’s retirement
* CFO Mr Chia Khong Shoong to take on additional role of Chief Corporate Officer
* Forms Singapore strategic business unit with Mr Christopher Tang to be appointed as CEO. The Australia and Hospitality strategic business units continue to be led by current CEOs, Mr Rod Fehring and Mr Choe Peng Sum, respectively

[Contrarian]

http://www.valuebuddies.com/thread-4380-page-114.html

1. last year, FCL bought over golden land's assets at NAV

2. Now, Chairman's son is group CEO of 4bn market cap FCL

Towkay and son now running it...

[cyclone]

Congratulation.

Mr Lim Ee Seng named Best CEO at the Singapore Corporate Awards 2016

Mr Lim Ee Seng, Group Chief Executive Officer of Frasers Centrepoint Limited has been accorded the prestigious Best CEO of the Year award for listed companies with a market capitalisation of S$1 billion and above at this year’s Singapore Corporate Awards. The award recognises CEOs who have led organisations to scale new heights in their respective industries, while also achieving excellence in corporate governance, envisioning better ways to do business, inspiring employees to do their best, building their companies’ brand and presence, as well as contributing to the development of their industry.
...

[piggo]

Congratulation.

Mr Lim Ee Seng named Best CEO at the Singapore Corporate Awards 2016

Mr Lim Ee Seng, Group Chief Executive Officer of Frasers Centrepoint Limited has been accorded the prestigious Best CEO of the Year award for listed companies with a market capitalisation of S$1 billion and above at this year’s Singapore Corporate Awards. The award recognises CEOs who have led organisations to scale new heights in their respective industries, while also achieving excellence in corporate governance, envisioning better ways to do business, inspiring employees to do their best, building their companies’ brand and presence, as well as contributing to the development of their industry.
...

past performance is no guarantee of future results 

[stam]

Congratulation.

Mr Lim Ee Seng named Best CEO at the Singapore Corporate Awards 2016

Mr Lim Ee Seng, Group Chief Executive Officer of Frasers Centrepoint Limited has been accorded the prestigious Best CEO of the Year award for listed companies with a market capitalisation of S$1 billion and above at this year’s Singapore Corporate Awards. The award recognises CEOs who have led organisations to scale new heights in their respective industries, while also achieving excellence in corporate governance, envisioning better ways to do business, inspiring employees to do their best, building their companies’ brand and presence, as well as contributing to the development of their industry.
...

too bad he's retiring.

[thor666]

[Image: 44c8afbadb1180d0c793a75eb0fd4452.jpg]

Bodes well for long term expansion.

Reference: http://infopub.sgx.com/Apps?A=COW_CorpAn...42f741156d

Sent from my LG-H818 using Tapatalk

[jjlim84]

Was Friday's volume the highest transaction in history?

[cyclone]

THB13.23 billion Potential Strategic Investment by Frasers Centrepoint Limited in SET-listed TICON Industrial Connection Public Company Limited


* TICON, a leading developer and owner of industrial properties in Thailand, provides a strategic platform for FCL to leverage on the Group’s industrial know-how to captureopportunities in the industrial properties sector in Thailand and the  ASEAN Economic Community region


* Potential investment extends FCL’s exposure in Thailand from residential and commercial/hospitality mixed use developments to the industrial property asset class, and allows FCL to further grow overseas income


* Combination of FCL’s and TICON’s complementary strengths in industrial properties, coupled with TICON’s improved financial flexibility post-investment, will position TICON well to take advantage of the market prospects in Thailand and the AEC region

More details in : http://infopub.sgx.com/FileOpen/SGX_pres...eID=424150

THB13.23 billion, equivalent to approximately S$520 million, on the basis of the exchange rate of S$1 : THB25.42 as at 6 October 2016

[piggo]

Interesting to see how the amiable old man can be so aggressive when it comes to business.

[Dividend Knight]

Interesting to see how the amiable old man can be so aggressive when it comes to business.

He could be looking to build a bigger business empire for his son.......similar to what Li Ka Shing is doing. To leave a legacy behind for his future generations.