The Board of Directors of Boustead Projects Limited announced the appointment of Mr. Chong Lit Cheong as an Independent Non-Executive Director of the Company. Mr. Chong is the Senior Advisor, Strategic Relations of CapitaLand Limited. Prior to this, he held senior appointments in the CapitaLand Group as CEO, Regional Investments and CEO, CapitaLand Commercial Limited.

Prior to joining CapitaLand in Feb. 2011, Mr. Chong was the CEO of International Enterprise Singapore. Mr. Chong has also been appointed a member of the Audit & Risk Committee and the Remuneration Committee.