- Property investor Palace Capital said it had shortlisted several candidate to succeed Stanley Davis as chairman.

Davis's impending retirement was announced 27 July.

'The board intends to progress its interviews next month and expects to announce the details of the new chair shortly thereafter,' the company said.

Davis, who was due to stand down on 29 October, had agreed to remain on the board until 31 December, with the chairman elect undertaking their induction into the company prior to his departure.

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