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Kingsland Global (ASX:KLO) appoints Jeremiah Lee as Managing Director

Market News, Real Estate
ASX:KLO
05 November 2021 08:22 (AEST)
Kingsland Global (ASX:KLO) - Kingsland Managing Director, Jeremiah Lee.

Source: Kingsland Global

Kingsland Global (KLO) has appointed Jeremiah Lee to the role of Managing Director, effective immediately.

Kingsland Global is a property development company working to expand its footprint through the development of residential and commercial projects, like boutique hotels, serviced apartments, shopping centres, industrial parks and office spaces. The company’s reach spans across Cambodia, Malaysia and Australia.

Jeremiah Lee joins Kingsland Global with more than eight years’ experience in the financial industry in Singapore and China, after beginning his career as an officer in the Singapore Armed Forces.

Previously, Mr Lee provided his expertise at financial technology company Guangdong Huaxia Investment Guaranty Co and was project manager for Shanghai Langzhou Investment.

The appointment of Jeremiah Lee comes with a $120,000 yearly salary, along with a variable bonus payment of 13 per cent of the audited accumulated retained earnings of the company and its subsidiaries. This amount will be calculated following the sale of Phnom Penh City Centre Project in Cambodia.  

Kingsland Global last traded at 2.3 cents at 2:50 pm AEDT.

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