Singapore Press Holdings (SPH) was officially delisted on 13 May, and it became owned by Cuscaden Peak.
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The CEO of SPH, Ng Yat Chung, is due to step down from his position on 16 May, along with the directors of SPH, and a new board will be instituted.
The CEO of CapitaLand (Special Projects), Gerald Yong, will be the new CEO of SPH, with effect from 16 May.
Ng will be remaining with SPH as a senior adviser to help with the transition for the incoming CEO and the new board.
Ng thanked chairman Lee Boon Yang and the directors for their support and guidance over the years, where he has been the CEO of SPH since 2017.
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He also added that Yong has a stellar record and is will qualified to lead SPH Limited in the next lap.