CapitaLand Malaysia Chairman Steps Down

Capitaland Malaysia Trust has informed that its Chairman Lui Chong Chee has announced his resignation as the group’s non executive director and chairman effective 1 February.

Lui a Singaporean told the board that his decision was due to other commitment. He joined the group in 2020 and has extensive financial and business leadership experience from major listed companies in Singapore. He served the CapitaLand Group from 2001 to 2010, when he held various senior management positions, including Group Chief Financial Officer of CapitaLand Limited; Chief Executive Officer of CapitaLand Residential Limited; and Chief Executive Officer of CapitaLand Financial Limited. During his time with the CapitaLand Group he served as director in various listed entities within the CapitaLand Group, including Australand Holdings Limited (as chairman), which was listed on the Australian Securities Exchange. He also served as Chief Financial Officer of Raffles Medical Group Ltd from 2010 to 2014, where he was responsible for its financial management and business development.

Prior to joining the CapitaLand Group, Lui was Managing Director and Senior Vice President, Capital Markets Group of Citicorp Investment Bank (Singapore) Limited. In his most recent employment, he was the Group Chief Executive Officer, Managing Director and Executive Director of Far East Orchard Limited until 31 December 2019 when he retired.

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