Tuesday, 1 October 2013

The Unseen Singapore #9 What Actually Happened Series: CapitaLand CEO Liew Mun Leong

This entry is probably not the biggest news by any measure but still this Singaporean Son may have paid the price for going up against his pay masters. Bear in mind that Liew Mun Leong was responsible for delivering consistent profits for CapitaLand and for him to voluntarily "retire" just a month after he denounced the development of shoebox units as "almost inhuman" and promised that CapitaLand would not build residential units for sale that are less than 500 sq ft, it appears to be too much of a coincidence.

To further fuel the hypothesis that Liew may have been forced out of CapitaLand due to his refusal to make
mindless profits at the expense of Singaporeans, CapitaLand made an abrupt U-turn in September 2013 and started selling shoebox units in their latest property development SkyVue.

Did Mr Liew Mun Leong retire on his own accord or was there another reason behind his untimely departure? If you have any information on this, please feel free to contact us and share. You can reach us on Facebook or email us at theunseensingapore at gmail dot com.

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