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MCK: Changes to the Board of MCK

Director Appointment29 December 2019MCKConsumer Discretionary

MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND LIMITED

STOCK EXCHANGE ANNOUNCEMENT 30 December 2019


CHANGES TO THE BOARD OF MILLENNIUM & COPTHORNE

HOTELS NEW ZEALAND LIMITED



Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) advises that Mr. Tan

Kian Seng will resign as a director of the company effective from 31 December 2019

following his retirement from the Millennium & Copthorne Hotels group. The company

thanks him for his service and wishes him well in his well-deserved retirement.


MCK advises that the Board has appointed Mr. Kwek Eik Sheng as a non-executive

Director to the Board with effect from 1 January 2020.


Mr. Kwek is currently the Group Chief Strategy Officer of City Developments Limited

(“CDL”) and has been in that role since 2018. Mr. Kwek joined CDL in 2009, covering

Business Development for overseas projects before being appointed as Head of Corporate

Development. He assumed his role as Chief Strategy Officer in 2014 and was additionally

appointed Head, Asset Management in April 2016. Prior to joining CDL, he was with the

Hong Leong Group of companies in Singapore specialising in corporate finance roles since

2006.


He is also Executive Director of Millennium & Copthorne Hotels Limited, previously listed

on the London Stock Exchange as Millennium & Copthorne Hotels plc. He holds a

Bachelor of Engineering in Electrical and Electronics Engineering from Imperial College of

Science, Technology and Medicine and a Master of Philosophy in Finance from Judge

Business School, Cambridge University.


The Board has determined in accordance with NZX Listing Rules that Mr. Kwek is not an

independent director.


ENDS


Enquiries:


Takeshi Ito (09) 353 5005

Vice President Legal & Company Secretary

Millennium & Copthorne Hotels New Zealand Limited

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