FLCT's Robert Wallace extends service until 1 August

Wallace resigned as CEO of FLCT’s manager in February.

The CEO of Frasers Logistics & Commercial Asset Management --- the manager of Frasers Logistics & Commercial Trust (FLCT) ---Robert Wallace, will stay on board until 1 August.

In a bourse filing, FLCT said the manager and Wallace have agreed to extend the effective date of his cessation of appointment.

Wallace resigned from his post on 14 February and was supposed to end his service on 1 June.

Meanwhile, FLCT’s manager said it is already on the “advanced stage of the process of recruiting” Wallace’s successor.

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