Anchor Land Holdings, Inc. Announces Directorate Changes
July 30, 2020 at 07:29 pm EDT
Share
Anchor Land Holdings, Inc. announced the resignation of Mr. Stephen Lee Keng as Chairman and member of the Board of Directors Mr. Clinton Lee was elected as Director while Mr. Charles Stewart Lee was elected as Chairman of the Board to replace Mr. Stephen Lee Keng, who resigned effective 29 June 2020.
Anchor Land Holdings, Inc. is a holding company of the ALHI Group. The Companyâs principal business interest in real estate is organized to acquire by purchase, lease, donation, or otherwise, and to own, use, improve, develop, subdivide, sell, mortgage, exchange, lease, and hold for investment, real estate of all kinds, whether to improve, manage or otherwise dispose of buildings, houses, apartments and other structures of whatever kind, together with their appurtenances. Its segments include Condominium sales, Leasing, Property management and Hotel operation. The Condominium sales segment is focused on the development of high-end condominium units for sale to third parties. The Leasing segment includes commercial units and shopping centers for lease to third parties. The Property management segment includes facilities management and consultancy services covering condominium and building administration. The Hotel operation segment is focused on management of hotel business operations.