Boon Swan Foo resigns as Perennial China Retail Trust Chairman

He plans to spend more time to build up own company.

The Board of Perennial China Retail Trust announce the resignation of Boon Swan Foo as Director.

Mr Boon, 57, was Chairman of the Trustee-Manager, Chairman of the Nomination and Governance Committee and Member of the Corporate Disclosure Committee, according to a Perennial China Retail Trust report.

He ensured that the Board is effective in its task of setting and implementing the goals and strategies of the company. He also worked closely with senior management of the Trustee-Manager on strategic implementation and oversees the proper conduct of the Trustee-Manager.

He was appointed to the post 19 November 2010. 

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