Singapore's Frasers Centerpoint has nominated three new non-executive directors to the Australand Property board, following its successful takeover of the ASX-listed property group.
Panote Sirivadhanabhakdi, Chotiphat Bijananda and Lim Ee Seng will join the board from August 13, or when formal consent is received.
Meanwhile, Australand security holders will receive an allowed distribution of 2.63 cents per stapled security, under the conditions of Frasers' offer.
The distribution will be paid on August 27 to holders on the register at August 18.
Author
Quick Summary
Three new non-executive directors to join board from August 13.
Associated image
Media
Categories
Primary category
Status
Published