Frasers Hospitality Trust announced executive leadership changes that will be effective 1 February 2023. Ms. Eu Chin Fen, currently CEO of the Managers, has been appointed as CEO of Frasers Hospitality, a strategic business unit of Frasers Property. In such capacity, she will report directly to Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property and will join the Frasers Property Group Executive Leadership Team.

In her new appointment, Ms Eu will be responsible for the Group's hospitality business unit, currently led by Mr. Sirivadhanabhakdi. She will oversee the Group's hospitality business from investment and business development, to global expansion of its chain of serviced residences and hotels worldwide. Prior to her current appointment, Ms Eu was Chief Investment Officer of Frasers Hospitality International Pte.

Ltd. from July 2019 to April 2021. In this role, she assisted the CEO of the hospitality strategic business unit of the Group in developing and implementing the business and investment strategies of the hospitality business, in line with the broad directions of the Frasers Property Group. Ms. Eu joined the Frasers Property Group in 2011.

She was previously CEO of the Managers when FHT was listed in July 2014 and relinquished this role in June 2019. Before joining the Frasers Property Group, Ms. Eu was Senior Vice President of the Asset-Backed Securitisation team at DBS Bank Ltd., responsible for the origination and listings of real estate investment trusts and business trusts in Singapore.