Mainland Real Estate Ltd. appointed Mr. Richard Hendro Setiadi as a new executive director, with effect from December 27, 2018. Mr. Setiadi was appointed as Director of PT Lippo Karawaci Tbk in 2016. He started his career as an Auditor in Arthur Andersen Public Accountant Firm. In 2001, he joined PT Matahari Putra Prima Tbk as head of Finance Accounting. In 2002, he contributed to the process to spin off Matahari Food Business from Matahari Department Store and was appointed as Chief Financial Officer of Matahari Food Business. Previously, he also served as Director of PT Matahari Putra Prima Tbk and PT Siloam International Hospitals Tbk, and Commissioner of PT First Media Tbk.