CDI
31/03/2015 10:15
DIRECTOR
NOT PRICE SENSITIVE
REL: 1015 HRS CDL Investments New Zealand Limited
DIRECTOR: CDI: CDI: Appointment of Aloysius Lee to the Board
CDL Investments New Zealand Limited (NZX:CDI) advises that Mr. Aloysius Lee
Tse Sang will join the board effective from 1 April 2015 as a non-executive
director. Mr. Lee was appointed as Millennium & Copthorne Hotels plc Group
Chief Executive Officer with effect as of 1 March 2015.
Mr. Lee's management career spans the Leisure, Information
Technology/Telecommunications and Real Estate sectors. Immediately prior to
his appointment, he was CEO of South Beach Consortium Pte Ltd., a joint
venture established by City Developments Limited and other parties to create
a mixed use real estate development in Singapore, which is scheduled to be
completed in 2015. Prior to that, Mr. Lee held senior leadership positions at
a number of companies, including one of China's leading real estate groups,
Shui On Land, Hong Kong Telecom, Star Cruises and Singapore Airlines. He is a
Fellow of the Chartered Management Institute and a Fellow of the Chartered
Institute of Marketing, and holds management qualifications from Harvard
University, the University of Hong Kong and the University of Hawaii.
CDI confirmed that Mr. Lee is not an independent director and would need to
be re-elected at CDI's next annual meeting of shareholders.
ENDS
Enquiries:
CDL Investments New Zealand Limited
(09) 353 5058
BK Chiu
Managing Director
End CA:00262525 For:CDI Type:DIRECTOR Time:2015-03-31 10:15:40
