Hotel Properties MD Ong Beng Seng to step down

He will not be seeking re-election to the board of directors.

Hotel Properties has announced that its long-serving managing director, Ong Beng Seng, will step down from his role.

In a bourse filing, the group said that Ong's decision to step down will allow him to “devote more time to manage his medical conditions.”

The company also confirmed that Ong will not be seeking re-election to the board of directors.

HPL did not disclose who will succeed Ong as managing director or board director.

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