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CapitaLand Integrated Commercial Trust Announces Leadership Transition

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CapitaLand Integrated Commercial Trust Announces Leadership Transition

CapitaLand Mall ( (SG:C38U) ) has provided an announcement.

CapitaLand Integrated Commercial Trust Management Limited has announced leadership changes effective May 1, 2025, with Mr. Tan Choon Siang appointed as the new CEO, succeeding Mr. Tony Tan Tee Hieong. This transition is part of the company’s succession planning and leadership renewal process. Mr. Tony Tan, who has significantly contributed to the company’s growth and strategic positioning since 2017, will take on the role of Chief Corporate Officer at CapitaLand Development. Under his leadership, CICT achieved notable milestones, including the merger of CapitaLand Mall Trust and CapitaLand Commercial Trust, and received recognition for its financial growth and commitment to environmental, social, and governance practices.

More about CapitaLand Mall

CapitaLand Integrated Commercial Trust (CICT) is a real estate investment trust (REIT) based in Singapore. It focuses on commercial properties, including malls and office spaces, and is recognized as Singapore’s first and largest listed REIT with a market capitalization of S$15.5 billion.

YTD Price Performance: 16.05%

Average Trading Volume: 23,328

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $11.67B

For detailed information about C38U stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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