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Mapletree Logistics Trust announces new CEO of the manager

Mapletree Logistics Trust's manager announces new CEO

Ng Kiat, CEO of Mapletree Logistics Trust M44u's manager will be stepping down on July 22.

She will be transferred to Mapletree Investments, sponsor of the REIT, to assume new responsibilities.

Ng was appointed CEO of MLT role in 2012.

Jean Kam, who is currently head of investments at MLT's manager has been appointed CEO of the manager.

She first joined MLT back in June 2014 as its general manager.

MLT ended May 24 at $1.37, down 0.72% for the day and down 19.88% year to date.

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