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Frasers Centrepoint appoints new CFO

Frasers Centrepoint Ltd. appointed Loo Choo Leong as its new CFO, following the resignation of Chia Khong Shoong from the post Dec. 1.

Loo served in the same capacity at Pacific Radiance Ltd. and Sime Darby Group prior to joining Frasers Centrepoint, and has been serving as the deputy CFO of the company since March.

The appointee's responsibilities as CFO include overseeing the finance, risk management, tax, treasury and group communications functions of the company and its subsidiaries.

Meanwhile, Chia's resignation is in line with the company's succession planning process, noting that the executive will now focus on his role as chief corporate officer of Frasers Centrepoint.