Government of Singapore Investment Corp., the city-state’s sovereign wealth fund, said Trade Minister Lim Hng Kiang will take the role of acting chairman of its real estate unit, replacing Deputy Chairman Tony Tan.
Ang Kong Hua, a director of the company, will be acting chairman of special investments, GIC said in an e-mailed statement today. Tan’s position of executive director will not be filled immediately as the fund seeks a suitable candidate, it said.
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