Singapore's property giant CapitaLand Group has appointed a new president and chief executive officer (CEO). Mr Lim Ming Yan will take over from Mr Liew Mun Leong on 1 January 2013 and will also be appointed as director of CapitaLand. Mr Lim, 49, is currently CapitaLand's chief operating officer (COO), a position he has held since 6 May 2011. He is also the deputy chairman of CapitaLand China executive...
Liew Mun Leong
CapitaLand President and Chief Executive Officer Liew Mun Leong will retire in a year's time when he turns 67, South-east Asia's biggest listed developer said yesterday. Mr Liew became chief executive of CapitaLand in 2000 after the company was created through the merger of Government-owned Pidemco Land and DBS Land. CapitaLand said a board succession committee would review the internal and external...
Chief Executive Officer of CapitaLand Liew Mun Leong received a total of S$6.76 million in remuneration last year, up from S$5.795 million in the previous year. His bonus for the year accounts for more than half of his pay packet, coming in at S$3.6 million. Mr Liew's salary for the year comes in at S$1.299 million, which includes the annual wage supplement and employer's CPF contributions. The...
Unit costs $3.74m; son and daughter-in-law buy apartment unit for $2.47m; review and approval by audit committee CAPITALAND Group president and CEO Liew Mun Leong, and his son and daughter-in-law, have picked up two units at The Interlace at Depot Road/Alexandra Road for a total $6.2 million. Mr Liew, who also sits on CapitaLand's board, paid about $3.74 million for a 23rd storey penthouse, around $1,092...
Property developer CapitaLand's CEO Liew Mun Leong has been conferred a Distinguished Honorary Membership by the Securities Investors Association of Singapore (SIAS). SIAS says the appointment is in recognition of Mr Liew's support for transparency to shareholders and the investing community, including retail investors in Singapore. CapitaLand and Mr Liew have supported SIAS since its inception,...
CAPITALAND president and chief executive Liew Mun Leong said at a forum yesterday that there is no widespread asset bubble in China, because outside certain major cities, people's mortgage payments have not become unaffordable relative to their incomes. Mr Liew told students at the National University of Singapore Business School that there are 'speculative forces' in major cities like Beijing, Shanghai,...
CAPITALAND president and CEO Liew Mun Leong's total remuneration last year was $5.8 million, down 22 per cent from $7.42 million in 2008. This was despite his bonus rising 29 per cent to $3.83 million from $2.98 million. This bonus is largely from an economic value added (EVA) incentive plan. EVA measures the net operating profit after tax less cost of capital employed. According to CapitaLand's 2009...
CapitaLand's CEO Liew Mun Leong has raised his stake in its unit, CapitaMall Trust, following the REIT's recent rights issue. Mr Liew almost doubled his interest in CapitaMall, increasing the number of shares held from 333,410 to 633,479. That means he now holds about 0.02 per cent of CapitaMall, up from the previous stake of 0.0105 per cent. Mr Liew is the deputy chairman and a non-executive director...