Raimon Land Public Company Limited has restructured its organization by appointing Mr. Lionel Lee Chee Tek as the new Chief Executive Officer (CEO), effective November 1, 2018. Mr. Lionel will primarily oversee investment management and strategic planning for the company's growth.

Mr. Adrian Lee stated that the company's board has appointed his brother, Mr. Lionel Lee Chee Tek, as the new CEO, while he will take on the role of Chief Operating Officer (COO), effective November 1, 2018.

Currently, Mr. Lionel Lee is a major shareholder of Raimon Land, holding approximately 24.98% of the shares. Previously, he served as the CEO of Ezra Holdings, a company in the energy sector valued at over 30 billion baht, listed on the Singapore Stock Exchange. He also holds positions on the board of Raimon Land and several other real estate companies, and serves as an advisor to the Singapore Exchange. Additionally, he is actively involved in charitable work in Singapore, receiving the Pingat Bakti Masyarakat (PBM) award from the government. Mr. Lionel Lee will continue to play a role on the board of Raimon Land, holding several positions, including Chairman of the Executive Committee, Member of the Nomination and Remuneration Committee, and Member of the Enterprise Risk Management Committee.

Furthermore, Raimon Land has appointed Dr. Surakiat Sathirathai as the Chairman of the Board, effective November 1, 2018. Dr. Surakiat previously served as the youngest Minister of Finance during the government of Mr. Banharn Silpa-archa in 1995, and in 2001, he was appointed Minister of Foreign Affairs in the government of Mr. Thaksin Shinawatra, later becoming Deputy Prime Minister in 2005.

Mr. Adrian Lee will continue to oversee the overall operations of the company. “As the company grows, we not only need capable individuals to provide guidance in the right direction, but we also require people with diverse experience and skills. I firmly believe that this organizational restructuring will bring a new dimension to the company and prepare us well for future growth. Looking back to when I started at Raimon Land, we had only one project. Today, after investing in KPN Land, we have become the largest developer of luxury condominiums in Bangkok, valued at over 30 billion baht, with a unit value exceeding 10 million baht, set to transfer in the next two years. My current focus is to ensure that all projects run as smoothly as possible, both current and future,” Mr. Adrian stated.

Raimon Land Public Company Limited currently has six ongoing projects with a total value exceeding 30 billion baht, along with one commercial project valued at over 8.6 billion baht.

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