Mapletree Investments Appoints New CEO

Mapletree Investments Appoints New CEO

Mapletree Investments Pte Ltd, a wholly-owned subsidiary of Temasek Holdings, has appointed Mr Hiew Yoon Khong as CEO of Mapletree with effect from 1 August 2003. Mrs Lim Hwee Hua, who assumed the additional position of interim CEO at Mapletree from 4 June 2003, will relinquish this role from 1 August 2003. She will continue to develop and strengthen strategic relations for Temasek Holdings.

Mr Hiew, who is a board member of both Mapletree and its subsidiary, The HarbourFront Pte Ltd, was previously the CEO of CapitaLand Commercial Pte Ltd and CapitaLand Financial Pte Ltd, both wholly-owned subsidiaries of CapitaLand Ltd. Whilst there, he successfully oversaw CapitaLand’s commercial properties and real estate-linked financial products. Mr Hiew is currently Temasek’s Managing Director overseeing private equity fund investments and will continue in this role in addition to his duties at Mapletree.

About Mapletree Investments Pte Ltd

Mapletree Investments Pte Ltd, is a leading real estate company in Singapore with an asset base of approximately S$2.6 billion as at 31 March 2005, comprising office, logistics, industrial and retail/lifestyle properties. Its business philosophy is to shape new ways to deliver value to its stakeholders from real estate and related investments. It aims to be a strategic real estate partner providing real estate solutions, including capital management and quality property-related services and products, to its business partners.