Axis REIT sees slew of board changes

In a bourse filing on Tuesday (May 30), Axis REIT said its executive deputy chairman Datuk Abas Carl Gunnar Abdullah, 64, was promoted to executive chairman effective immediately, while its non-independent director Stephen Tew Peng Hwee@Teoh Peng Hwee, 62, will take over the role of deputy chairman.

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YTL Corp posts flat 3Q net profit

Its property investment and development saw loss before tax narrowed due to the absence of a rental deferral programme which ended June 30, 2022, and the absence of unrealised foreign exchange loss on borrowings denominated in foreign currencies by YTL Hospitality REIT.

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GuocoLand names Noorbaizura as new MD

Noorbaizura Hermeyney, 43, has 20 years of working experience, which is primarily focused on investment and asset management, including experience in the real estate portfolios for public listed real estate investment trusts and government-linked companies.

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