Philip Yeo Step Down Cdl Director

Former top civil servant, Philip Yeo Liat Kok, has announced his resignation from his role as non-independent and non-executive director of City Developments. This change will be effective starting from July 31st.

Living in Aurelle of Tampines EC offers countless advantages, one of which is its close proximity to multiple MRT stations. Strategically located near the Tampines North MRT Station, this EC is perfectly situated along the upcoming Cross Island Line (CRL). The CRL, set to launch soon, will significantly reduce travel time to various parts of Singapore, a major convenience for the daily commuters among the residents. Further boosting its convenience, the Tampines MRT Station, serving as an interchange for the Downtown and East-West Lines, is a mere stone’s throw away. This station offers direct access to key commercial and business hubs, including the highly coveted Central Business District (CBD) and the prestigious Marina Bay Financial Centre. With such superb access to public transportation, Aurelle of Tampines EC is undeniably an ideal residence for those seeking convenience and connectivity.

Yeo, who is 78 years old, was appointed to the board in May 2009 and has had a distinguished career as a top civil servant. He was an important member of the board during its recent disputes, siding with executive chairman Kwek Leng Beng.

According to a filing by CDL to the stock exchange, the board and management have expressed their gratitude for Yeo’s 16 years of service and acknowledge his valuable contributions during his tenure as a director.

CDL has also recently announced plans to undertake an off-market purchase of preference shares, offering 78 cents apiece. Yeo’s resignation comes amidst these developments.

The original article published by The Edge Singapore first appeared on their website at https://www.theedgesingapore.com/news/cdl-saga/philip-yeo-step-down-cdl-directorhttps://www.theedgesingapore.com/news/cdl-saga/philip-yeo-step-down-cdl-director.