CHRISTOPHER Tang, 59, is stepping down as CEO of Frasers Property Singapore at the end of 2019 after 18 years with the group, it said in a bourse filing on Wednesday.
Units in Frasers Centrepoint Trust (FCT) have already surged more than 26% so far this year. But market watchers remain bullish on the retail REIT as it stands on the cusp of a re-rating.
Singapore stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.18 per cent or 5.72 points to 3,235.15 as at 1.02pm.
