Tan Loo Ming Audrey, the chief financial officer of Frasers Centrepoint Asset Management (FCAM), the manager of Frasers Centrepoint Trust J69U (FCT), has resigned.
“Ms Tan has been a valued member of the FCAM leadership team and the board of FCAM thanks her for her service and contribution to FCT,” announced the REIT manager on June 7.
Tan’s last day will be on Aug 9.
Her successor is being selected and an announcement will be made “in due course”.
Tan was appointed as CFO of the REIT manager on July 24, 2021. She holds 61,900 units in the REIT and 101,500 awards under the FCAM restricted unit plan. Under the plan, up to 124,100 units in FCT may be vested or delivered.
Units in FCT closed 1 cent lower or 0.45% down at $2.20 on June 7.