Mohamed Akwal Bin Sultan Mohamad was appointed as an Independent Non-Executive Director of the Company on 20 August 2015. He was re-designated as Board Chairman on 17 September 2020.
Akwal has wide experience in corporate banking and debt recovery. He has extensive experience in SME lending, debt management and personal financial literacy, providing advisory services to corporates, SMEs and individuals.
He started his career with Citibank and has over thirty (30) years of experience in the financial sector with significant experience in debt resolution, have served the National Debt Management Agency (Danaharta, set up by the Government during the 1997 financial crisis) as its Deputy General Manager. Seconded to the Development Finance and Enterprise Department of the Central Bank in 2003, he assisted in setting up the SME Special Unit and was instrumental in the establishment of Small Debt Resolution Scheme.
He was formerly the founding Chief Executive Officer of the Credit Counselling and Debt Management Agency (AKPK), a company owned by the Central Bank of Malaysia.
He is a Member of the Audit and Risk Management Committee and Chairman of Remuneration Committee and Member of Nominating Committee.
Particulars of his other directorship in public company:
Harn Len Corporation Berhad
Akwal had been publicly reprimanded by Bursa Malaysia Securities Berhad for breach of paragraph 9.35A(1)(a) of the Main Market Listing Requirements for another listed issuer in relation to Harn Len Corporation Berhad during the financial year ended 30 June 2022 but there was no penalty imposed.
He does not have any interest (direct or indirect) in the securities of the Company. He does not have any conflict of interest with the Company or any family relationship with any director and/or substantial shareholder.
He attended all eight (8) Board meetings held during the financial year ended 30 June 2022.
Lee Chee Kiang was appointed as Chief Executive Officer (CEO) of the Company on 23 January 2018 and re-designated as Managing Director on 1 July 2018.
He has completed the Real Estate CEO’s Advance Course with Tshinghua University in Beijing and has more than twenty (20) years of experience in the real estate industry.
He started from a very humble beginning as a Marketing Executive overseeing project worth RM171 million. Within the next ten (10) years’ timeframe he has successfully completed development worth RM215 million.
In 2007, with the vision to change the Skyline of Kota Kinabalu, he has set-up his own company which has completed project worth approximately RM340 million till to date. He is currently overseeing various projects worth RM640 million and will be managing upcoming project in the pipeline which is estimated to be worth RM4.7 billion.
Particulars of his other directorship in public company:
HS Global Development Berhad
He has a direct interest of 93,736,800 ordinary shares in the Company. He does not have any conflict of the interest with the Company or any family relationship with any director and/or substantial shareholder. Other than traffic offences, he has not been convicted for any offences within the past five (5) years, nor any public sanction or penalty imposed by the relevant regulatory bodies during the financial year ended 30 June 2022.
He attended all eight (8) Board Meetings held during the financial year ended 30 June 2022.
Dato’ Lee Wai Mun, DIMP., JP. (“Dato’ Lee”) was appointed as an Executive Director of the Company on 9 August 2021.
Dato’ Lee holds an Advance Diploma in Business Administration from ATC College. He has been the Chief Executive Officer of Edubest Resources Sdn Bhd since November 2005. He is a Director and Chief Executive Officer of YGL iBay International Sdn Bhd since year 2017.
Dato’ Lee has more than 29 years of experience as a businessman with diverse expertise in mining, construction, property development, trading, plantation and logistic. Dato’ Lee is instrumental in marketing the Malaysian iron ores to China-based steel manufacturers. Dato’ Lee is an active member of the Pahang Iron Ore Association and the Malaysian Chamber of Mines.
Dato’ Lee was awarded the title of Dato’ by Sultan of Pahang in year 2012. In year 2017, he was appointed as Jaksa Pendamai (J.P.) by the Sultan of Kelantan.
Dato’ Lee has indirect interest of 994,617,415 ordinary shares in the Company held by his wholly owned Company, Leading Ventures Sdn Bhd.
Dato’ Lee does not have any conflict of interest with the Company or any family relationship with any director and/or substantial shareholder (save for the above). Other than traffic offences, Dato’ Lee has not been convicted for any offences within the past five (5) years, nor any public sanction or penalty imposed by the relevant regulatory bodies during the financial year ended 30 June 2022.
Dato’ Lee attended all eight (8) Board meetings held in the financial year ended 30 June 2022.
Phang Kiew Lim (“Derek Phang”) was appointed as Executive Director of the Company on 20 February 2020.
Derek Phang holds a Bachelor’s Degree in Commence (major in Accounting and Finance) from University of Sydney, Australia. He was admitted as a member of Certified Practising Accountant (“CPA”) Australia and the Malaysian Institute of Accountants, and is registered as an ASEAN Chartered Professional Accountant. He was also a holder of a Capital Markets Services Representative’s License advising on corporate finance issued by the Securities Commission of Malaysia.
In his seventeen (17) years of working experience, Derek Phang has gained extensive experience in the fields of corporate finance and business advisory pertaining to corporate transactions such as cross-border mergers and acquisitions, initial public offerings, capital raising as well as financing and restructuring. Derek Phang has travelled extensively to the People’s Republic of China, Thailand, Indonesia, Cambodia, Laos and Hong Kong where he was exposed to the peculiar cultures and business practices in those countries.
Derek Phang was involved in various industries, amongst others, he had experience in energy related business. He was previously appointed as a Corporate Finance Senior Manager by a local independent power producer which has diversified energy related investment portfolio in South East Asia region.
He does not have any interest (direct or indirect) in the securities of the Company. He does not have any conflict of interest with the Company or any family relationship with any director and/or substantial shareholder. Other than traffic offences, he has not been convicted for any offences within the past five (5) years, nor any public sanction or penalty imposed by the relevant regulatory bodies during the financial year ended 30 June 2022.
He attended all eight (8) Board meetings held during the financial year ended 30 June 2022.
Tan Chin Hong was appointed as an Executive Director of the Company on 17 July 2013.
He holds a Bachelor of Social Science, Major in Economics and Accounting, The Queen’s University of Belfast. He joined the Company in 2004. Throughout his tenure with the Group, he is primarily based in the Finance Department. He is a meticulous and strong team member who is proficient in a wide range of accounting functions and operations. He readily adapts to new professional settings, acquires and applies new knowledge toward supporting Company goals. Being versatile and possessing multi-tasking skills, he has also been assigned to various duties involving internal audit, administrative as well as operative jobs in various subsidiaries within the Group during the tenure of his service.
He has an indirect interest of 17,670,000 ordinary shares and 488,700 ordinary shares in the Company via Prestige Pavilion Sdn Bhd and Danhwa Holding Sdn Bhd respectively. He also has an indirect interest of 91,228 ordinary shares via his sister, Adeline Tan Wan Chen and 84,000 ordinary shares via his brother, Tan Chin Hao by virtue of section 8 of the Companies Act 2016.
He does not have any conflict of interest with the Company or any family relationship with any director and/or substantial shareholder (save for the above). Other than traffic offences, he has not been convicted for any offences within the past five (5) years, nor any public sanction or penalty imposed by the relevant regulatory bodies during the financial year ended 30 June 2022.
He attended all eight (8) Board meetings held during the financial year ended 30 June 2022.
Masleena Binti Zaid was appointed as an Independent Non-Executive Director of the Company on 15 July 2019. She is an L.L.B. (Hons) graduate from Sheffield Hallam University, United Kingdom. She was admitted to the High Court of Malaya as an advocate and solicitor in 2001. She is also a registered Trade Mark Agent. Her predominantly areas of practice are corporate, commercial and company law. Her portfolio includes providing advice to corporate clients which matters varies from liaising with relevant authorities for clients, dealing with human management issues, conveyancing matters and preparing agreements and on case-to-case basis.
Prior to founding Masleena, Yee & Partners, Masleena was with the Securities Commission of Malaysia and subsequently with the Companies Commission of Malaysia (SSM).
She was appointed as member of Audit and Risk Committee, Remuneration Committee and Nominating Committee on 15 July 2019. She was re-designated as Chairman of Nominating Committee on 20 February 2020.
Particulars of her other directorship in public company:
Sinmah Capital Berhad
Gabungan AQRS Berhad
ECA Integrated Solution Berhad
She does not have any interest (direct or indirect) in the securities of the Company. She does not have any conflict of interest with the Company or any family relationship with any director and/or substantial shareholder. Other than traffic offences, she has not been convicted for any offences within the past five (5) years, nor any public sanction or penalty imposed by the relevant regulatory bodies during the financial year ended 30 June 2022.
She attended seven (7) out of eight (8) Board meetings held during the financial year ended 30 June 2022.
Ong Lu Yuan was appointed as an Independent Non-Executive Director of the Company on 17 September 2020.
He graduated with BSc in Accountancy from University of East Anglia, Norwich in 1996 and was admitted as an Associate member of the ICAEW in January 2000. He is now a fellow member and was accredited with the Business Finance Professional qualification.
He joined Sunway TES lecture team in 2004 and specializes in the subjects of Audit Assurance, Corporate Reporting (formerly known as Business Reporting) as well as Case Study since 2018. He was also involved in both the ACCA fundamental and professional levels with F8 (Audit & Assurance), P1 (Corporate Governance, Risks and Ethics) and P7 (Advanced Audit Assurance) together with MICPA-ICANZ Audit Assurance paper.
His passion for teaching and mentoring has produced numerous groups achieving 100% pass rates together and ICAEW World Prize Winners for Audit Assurance paper (Watts Prize) on numerous occasions. In addition, he has produced a MICPA-ICANZ World Price Winner for Audit Assurance and another ACCA Malaysian Prize Winner for the Advanced Audit Assurance Paper.
He is concurrently running his own business which is predominantly involved in the property development industry based in Melaka and has special interest in building architectures and interior designs. He has to date completed approximately 1,000 units of medium and medium-high cost residential and commercial properties.
He was appointed as Chairman of Audit and Risk Committee, and Member of Remuneration Committee and Nominating Committee respectively on 17 September 2020.
He has a direct interest of 1,198,800 ordinary shares in the Company. He does not have any conflict of interest with the Company or any family relationship with any director and/or substantial shareholder. Other than traffic offences, he has not been convicted for any offences within the past five (5) years, nor any public sanctions or penalty imposed by the relevant regulatory bodies during the financial year ended 30 June 2022.
He attended all eight (8) Board meetings held during the financial year ended 30 June 2022.
