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News Release - cdl.com.sg

News Release 28 May 2018 CDL ANNOUNCES NEW SENIOR APPOINTMENTS FOR ASSET MANAGEMENT AND PROPERTY DEVELOPMENT Real estate industry veteran Ms Yvonne Ong to be appointed Chief Executive Officer, Commercial, in charge of Asset Management with effect from 6 June 2018 Ms Lee Mei Ling will be promoted to Executive Vice President, Head of Property Development with effect from 1 June 2018 Asset Management and Property Development Divisions are part of new organisational structure to synergise operations for the two core businesses City Developments Limited (CDL) will appoint real estate industry veteran Ms Yvonne Ong (age 46) as its Chief Executive Officer (CEO), Commercial, with effect from 6 June 2018.

Prior to joining CDL, Ms Lee was with First Capital CorporationLtd (now known as GuocoLand Limited) for 10 years, leading their marketing and sales department.

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