CapitaLand CEO exercises options, ST, Feb 3,2007
CAPITALAND president and CEO Liew Mun Leong exercised options for a total of 1.8 million shares in the company at an average price of $1.67 per share on Feb 1. This has given him a direct stake of 0.065 per cent in the group. His deemed interest in the property group remains unchanged at 1.458 million shares or 0.052 per cent. Based on CapitaLand's $7.10 closing price yesterday, Mr Liew's 1.8 million shares from the options are sitting on a paper gain of about $9.8 million.
