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From Jan 1, 2020, Mr Tang will assume a new position of senior adviser, while continuing to serve as a director on the boards of Frasers Property (Singapore); Frasers Centrepoint Asset Management, manager of Frasers Centrepoint Trust (FCT); and Frasers Commercial Asset Management, manager of Frasers Commercial Trust (FCOT).
The CEO oversees the group's residential, retail, commercial and development business, but Frasers will not be making a direct replacement for Mr Tang.
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Singapore condo, HDB rents slip in September: SRX
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