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MCK: Retirement of Vice President Finance

Director Departure20 March 2024MCKConsumer Discretionary

MILLENNIUM & COPTHORNE HOTELS NEW ZEALAND LIMITED
NZX ANNOUNCEMENT 21 MARCH 2024



RETIREMENT OF VICE PRESIDENT FINANCE


MCK advises that its long-serving Vice President of Finance Boon Pua has announced his decision to

leave the group in July 2024. Mr Pua has been with MCK since July 1999 and was appointed as the

chief financial officer for both MCK & CDI in 2008. As he approaches the 25 years of service he has

decided the time is right to step down (and retire). Boon has navigated the company through many

challenges guiding our financial operations within New Zealand and Australia through the best of times

and the worst of times. His time in charge of the financial affairs of the group has seen him encounter

the impacts of events such as SARS, Global Financial Crises, Canterbury earthquakes (loss of 3 hotels),

COVID pandemics, but has also seen the development of the business operations in place today.


MCK Chairman Colin Sim also expressed his gratitude on behalf of the Board. “Boon has been a key

person within the financial team throughout his 25 year period and has been a vital part of the financial

reporting to Board and shareholders. On behalf of Directors and staff, past and present, we offer him our

thanks for his commitment to the company over so many years and we wish him good health and

happiness for the future”, he said.


MCK advised that it would be commencing a process to appoint a new Vice President of Finance / Chief

Financial Officer in the coming months and an announcement would be made at the completion of the

process.


ENDS

Issued by Millennium & Copthorne Hotels New Zealand Limited



About Millennium & Copthorne Hotels New Zealand Limited


Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) is the only NZX listed hotel owner – operator with 18 owned /

leased / franchised hotels based in New Zealand under the Millennium, Grand Millennium, M Social, Copthorne and Kingsgate

brands. As part of the Millennium & Copthorne Hotels group, we are proud to be part of a global network of over 120 properties in

gateway cities across Asia, Europe, North America, the Middle East and New Zealand. MCK is also the majority shareholder in land

developer CDL Investments New Zealand Limited (NZX:CDI) and also has property interests in Australia through its Kingsgate Group

subsidiaries including a 50% ownership interest in the Sofitel Brisbane Central through a joint venture.


For more information, visit our website:

www.millenniumhotels.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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