Kwek Leng Beng, the Executive Chairman of City Developments Limited ("CDL"), has been appointed the Executive Chairman of Millennium & Copthorne Hotels Limited ("M&C") (formerly known as Millennium & Copthorne Hotels plc), a principal subsidiary of CDL, following the privatisation of M&C. Mr. Kwek had previously held the role of non-executive chairman of M&C when M&C was listed on the London Stock Exchange. In addition to his current role as Executive Chairman of CDL, Mr. Kwek Leng Beng as Executive Chairman of M&C has the executive responsibility to lead and drive M&C's performance, with the assistance of the management team of M&C, and through better synergies from integration with CDL following the privatisation of M&C. Mr. Kwek Leng Beng has extensive experience in the finance business, real estate business, hotels as well as trading and manufacturing.