SINGAPORE: Frasers Property Limited has announced the appointment of Lim Hua Tiong as Chief Executive Officer (CEO) for Frasers Property Vietnam.[the_ad id=”31605″]Based in Ho Chi Minh City, Lim reports to Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property Limited.
“I am delighted to have Hua Tiong join the Frasers Property family. We have been in Vietnam for the past 20 years and continue to look forward to building a sustainable platform, while seeking the right growth opportunities in Vietnam,” said Sirivadhanabhakdi.
Lim was most recently Chief Executive Officer, Vietnam for CFLD International, and prior to that, General Manager of Vietnam for CapitaLand Limited.
Lim said, “Having experienced first-hand the energy of Vietnam’s economy and the vibrancy of its real estate market, I look forward to working with Frasers Property’s experienced team on the ground and colleagues across the Group to execute our strategy for Vietnam.”
Frasers Property’s presence in Vietnam includes its investment in Me Linh Point Tower, a 21-storey retail and commercial development in District 1, Ho Chi Minh City. In 2018, the Group launched its maiden mixed-use development in Vietnam –Q2 Thao Dien, a commercial-residential development in Ho Chi Minh City that has notched 90% sales of launched residential units as at 31 March 2019.