JULY 2 — One wonders why CapitaLand Holdings is spending money, time and effort engaging a headhunter to look for a replacement for outgoing president and chief executive Liew Mun Leong, who will retire in a year’s time when he turns 67.
On June 22, CapitaLand announced that Liew would not be seeking a further extension to his appointment as head honcho of Southeast Asia’s largest real-estate company.
Liew had already served two extensions, totalling five years, to his term at the helm of CapitaLand. So, one would have assumed that a successor would be in place the moment Liew announced his retirement. Full story
