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Hotel Grand Central Announces Board of Directors Reshuffle

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Hotel Grand Central Announces Board of Directors Reshuffle

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Hotel Grand Central Ltd. ( (SG:H18) ) has shared an update.

Hotel Grand Central Ltd. has announced upcoming changes to its Board of Directors as part of its succession planning strategy. Mr. Tan Eng Teong will step down from his role as Executive Chairman and Managing Director on February 21, 2025, and will assume the position of Chairman Emeritus and Honorary Adviser. The new appointments include Mr. Tan Kok Aun as Non-Independent Non-Executive Chairman, Ms. Tan Hwa Lam as Executive Director, and Ms. Tan Hwa Imm as Alternate Director. These changes are expected to ensure continuous leadership and guidance, impacting the company’s strategic direction and potentially influencing stakeholder confidence.

More about Hotel Grand Central Ltd.

Hotel Grand Central Ltd. operates in the hospitality industry, providing hotel services across various locations. The company focuses on delivering quality accommodations and amenities to travelers and tourists, maintaining a significant presence in the market.

YTD Price Performance: -0.69%

Average Trading Volume: 19,461

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$528.7M

See more insights into H18 stock on TipRanks’ Stock Analysis page.

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