Keppel Philippines Properties, Inc. Announces Board Changes
February 12, 2023 at 07:03 pm EST
Share
This is to advise the Philippine Stock Exchange of the resignation of Mr. Ng Kwang Keng Samuel Henry as President, Chairman and Member of the Board of Directors of Keppel Philippines Properties, Inc. (KEP) effective 10 February 2023 due to a New Corporate Assignment. On 10 February 2023, the Board of Directors of KEP elected Mr. Tan Kuang Liang as President, Chairman and Member of the Board of Directors effective 10 February 2023, to serve the unexpired portion of Mr. Ng Kwang Keng Samuel Henry's term.
Keppel Philippines Properties, Inc. is a Philippines-based company, which holds investments in associates and joint venture involved in property development and holding of investment properties and renders management consultancy services to its joint venture. The Company, through its associates, is engaged in the acquisition and development of land sites for residential, office and commercial uses. Its associateâs investments in real estate properties, such as ADB Avenue, Ortigas Center, and Mandaluyong City. The Companyâs commercial property, The Podium Complex is a mixed-use development and lifestyle destination, comprising of retail and office spaces, which is located in the central business district of Ortigas. The Companyâs subsidiaries, associates and joint venture include CSRI Investment Corporation (CSRI), Buena Homes, Inc. (BHI), Opon Realty and Development Corporation (ORDC), Opon Ventures, Inc. (OVI), Opon-KE Properties, Inc. (OKEP), and SM Keppel Land, Inc. (SMKL).