CEO leaving
Harmeet Singh Bedi would be resigning from his appointment as Chief Executive Officer of the Manager with effect from March 31 to pursue other opportunities. He will however, continue to support the Manager in the capacity of a senior advisor.
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practical NyanCat_76 : Is the new CEO great?
NIMOHOP practical NyanCat_76: The Board has identified Rahul Rana as the new Chief Executive Officer of the Manager. Rana is a shareholder of KBS Asia Partners, which is the sponsor of Prime US REIT, and holds 40% of the shares of the Manager.
The new CEO was a Managing Director, Corporate and Investment Bank at Deutsche Bank NA Singapore from 2010 to 2015.
practical NyanCat_76 : Thank you Bro. So is good right?
NIMOHOP practical NyanCat_76: I really don’t know Bro
Fingers crossed.
practical NyanCat_76 NIMOHOP: Heard from my broker, UOBKH just issued a report over the weekend, saying “In Steady Hands”, TP USD 0.45. Thanks anyway Bro.