The Board of Directors (the Board) of Link Asset Management Limited (Link), the manager of Link Real Estate Investment Trust (Link REIT; Hong Kong stock code: 823), announced today (Thursday) that May Tan Siew-boi and Elaine Carole Young, will retire as Independent Non-Executive Directors of Link upon completion of their maximum nine years of service, with effect from 31 January 2022.
With effect from the same day, Ms Tan will retire as a member of the Audit and Risk Management Committee, the Nomination Committee and the Remuneration Committee (RC); and Ms Young will retire as a member of the Finance and Investment Committee and the RC.
On behalf of the Board, Nicholas Allen, Link’s Chairman extends his sincere gratitude to Ms Tan and Ms Young for their service, commitment and invaluable contribution to Link.
“Ms Tan and Ms Young have been instrumental in overseeing Link’s development into a globally competitive business leader in the REIT industry. Their leadership and expertise have guided Link in making great strides in its vision of ‘being a world class real estate investor and manager serving and improving the lives of those around us’,” said Mr Allen. “I am sincerely grateful for their contribution over their nine years with the Board and wishes them nothing but the best in their next chapters.”
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Link Real Estate Investment Trust (Hong Kong stock code: 823), managed by Link Asset Management Limited, is a leading retail-focused REIT in the world. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors and is a Hang Seng Index constituent stock. From its home in Hong Kong, Link manages a diversified portfolio including retail facilities, car parks and offices spanning Hong Kong, Beijing, Guangzhou, Shanghai, Shenzhen, London and Sydney. Link seeks to extend its portfolio growth trajectory and grasp expansion opportunities in different markets in pursuit of its medium-term target Vision 2025. For details, please visit https://www.linkreit.com/.