Annual Report 2013

Laman Iskandaria, Kulai

A 429-acre development, Laman Iskandaria is a master planned community comprising of landed residences and commercial shoplots. The contemporary and innovative design feature incorporating natural surrounding amidst the hustle and bustle of the city.


First phase launch of the 99.83 acres of Laman Iskandaria, Nadira Residensi, 2 storey terrace house, targeted at the affordable housing segment to meet the growing demand for this housing in the vicinity and The SouQ, 2 storey shoplots will be the commercial units to cater the residents. This promising development brings you an ultimate experience in serenity, joy and harmonious lifestyle with plentiful opportunities for all.


Phase 1A & 1B
From 1,429 – 1,569 sqft
From RM332,000 onwards.

The Crown, Kota Kinabalu

Standing tall next to the best neighbours, The Crown is on the last parcel of land in the most desirable part of Kota Kinabalu, with a host of amenities like entertainment outlets, shops and hospitals. Its finest neighbour is the Crowne Plaza Hotel-a five-star hotel with a sterling reputation throughout the world and a welcome addition to the Kota Kinabalu hospitality scene.


From 394 – 4,852 sq ft
From RM499,000 onwards.

Flex Sovo, Bukit Jalil

Exquisitely crafted with indelible class. A prestigious development with leading modern design and contemporary architecture. Strategically located in the Southern Gateway of Kuala Lumpur, Bukit Jalil City with excellent connectivity via major highway networks and public amenities such as Pavilion Bukit Jalil Megamall, Bukit Jalil Park, and National Sport Centre will be the epicentre of new vibrant Suburban Township.


From 376 - 591 sqft
From RM 404,200 onwards

Dato’ Wong Kit-Leong

Dato’ Wong Kit-Leong, a Malaysian, aged 50, was appointed to the Board of the Company as an Executive Director on 12 August 2010, to manage the financial and corporate restructuring of the Group. He was re-designated as Chief Executive Officer (CEO) of the Company by the Board on 24 April 2014.

 

Dato’ Wong graduated with a Bachelor of Commerce from the University of British Columbia, Canada in 1995.

He began his career with Citibank Malaysia in 1995 before moving to Abric Berhad in 1999. During his tenure in Abric up to 2007, he served as Executive Director/Chief Operating Officer.

 

Dato’ Wong is a Shareholder and Director in Red Zone Development Sdn. Bhd., a major shareholder of the Company by virtue of its substantial shareholding in Omesti Berhad which is the holding company of Omesti Holdings Berhad.

 

Dato’ Wong does not hold any directorship in other public companies.

Dato’ Wong Gian Kui

Dato’ Wong Gian Kui, a Malaysian aged 60, was appointed to the Board of the Company as an Executive Director on 21st August 2017

 

Dato’ Wong is an accountant by profession and was articled with Harun Oh and Wong, Chartered Accountants and the Malaysian member firm of Horwath International in 1981. He qualified as CPA in 1984 and was admitted as a member of MICPA in 1985 and as member of MIA in 1988. Dato’ Wong held a senior management position in Harun, Oh & Wong and was seconded to Stoy Hayward London, Chartered Accountants and the UK member firm of Horwath International for two (2) years from 1990 to 1991.

 

He is also the Chief Executive Officer (CEO) of Insas, Executive Director of Inari Amertron Berhad, and a Non-Independent Non-Executive Director of SYF Resources Berhad.

Tan Sri Datuk Seri Panglima Sulong Matjeraie

Tan Sri Datuk Seri Panglima Sulong Matjeraie, a Malaysian, aged 75, was appointed to the Board of the Company as an Independent Non-Executive Director on 15 July 2013. He was appointed as a member of the Nomination Committee and the Remuneration Committee on 24 April 2014. On 25 August 2014, he was redesignated as Chairman of the Board and appointed as Chairman of the Nomination Committee.

 

Tan Sri Datuk Seri Panglima Sulong Matjeraie who has more than thirty (30) years of legal and judicial experience was a Federal Court Judge before his retirement in 2013.

 

He had his early education at University of Malaya, Kuala Lumpur where he graduated with a Bachelor of Arts (Honours) Degree and obtained his Master of Laws Degree from University of Southampton, England. He read law at the Inns of Court School of Law in London in October 1971 and was called to the Bar of England and Wales in the Trinity Term of 1974 by the Honourable Society of Inner Temple, London. In 1978, he was awarded a Certificate in Advanced Management Programme by the Banff School of Advanced Management, Alberta, Canada.

 

He has served in various capacities in the Sarawak State Service such as District Officer, Bintulu, State Training Officer Sarawak, Secretary of the Government Examinations Board, Secretary of the Sarawak Complaints and Suggestions Bureau, Director of Civic Development Unit, General Manager of Sarawak Timber Industry Development Corporation and General Manager of Bintulu Development Authority.

 

In 1983, he resigned from the Sarawak Government service to set up a legal firm under the name and style of Messrs. Sulong Matjeraie & Co. and served as its senior partner. He was the President of the Advocates Association of Sarawak until his appointment as a Judicial Commissioner at the High Court of Malaya in Johor in 1998. He was a High Court Judge of Malaya in Johor Bahru in 2000 before being transferred to the High Court of Sabah and Sarawak where he served as its High Court Judge in Kota Kinabalu, Sabah.

 

In 2007, he was promoted to be a Judge of the Court of Appeal and was later appointed as a Federal Court Judge at the Federal Court of Malaysia, Palace of Justice at Putrajaya.

 

In 2013, Tan Sri Datuk Seri Panglima Sulong Matjeraie was appointed by the Prime Minister, Malaysia as one of four eminent persons to serve as a member of Judicial Appointments Commission for a period of two years. His appointment has been extended further by the Prime Minister for a maximum period of another two more years until 9 February 2017.

 

On 30 January 2014, he was made a Bencher of the prestigious Honourable Society of the Inner Temple, London.

 

Tan Sri Datuk Seri Panglima Sulong Matjeraie is currently an Independent Non-Executive Director of WTK Holdings Berhad and Southern Acids (M) Berhad. He is also an Independent Non-Executive Chairman of Petra Energy Berhad.

Dato’ Sri Thong Kok Khee

Dato’ Sri Thong Kok Khee, a Malaysian, aged 67, was appointed to the Board of the Company as a Non-Independent Non-Executive Director on 6 October 2011. He is a member of the Remuneration Committee and subsequently was appointed as the Chairman of the Remuneration Committee on 25 August 2014.

 

A graduate from the London School of Economics, United Kingdom, Dato’ Sri Thong has worked in the financial services industry from 1979 to 1988. He worked for Standard Chartered Merchant Bank Asia Limited in Singapore from October 1982 to June 1988 and his last held position was Director of its Corporate Finance Division. Dato’ Sri Thong is the Executive Deputy Chairman cum Chief Executive Officer of Insas Berhad. He is also a Non-Independent Non-Executive Director of Inari Amertron Berhad and Omesti Berhad.

 

Dato’ Sri Thong is a major shareholder of the Company.

Mr. Thevanaigam Rajan Chitty

Mr. Thevanaigam Rajan Chitty, a Malaysian aged 65, was appointed to the Board of the Company as an Independent Non-Executive Director, Audit Committee Chairman and Nomination Committee on 23 March 2022.


Mr. Rajan is a a Member of Malaysian Institute of Accountants (MIA) and Associate Member of the Chartered Institute of Management Accountants (CIMA) UK. He is a finance and corporate strategy professional with extensive experience in all aspects of corporate finance at senior level across various industry sectors, particularly plantations and automotive.

 

His career began in 1980 with Golden Hope Plantations Berhad (formerly Harrisons & Crosfield) where he progressed to become Group Financial Accountant. In 1992, he joined G Team Consultants Sdn Bhd as Manager, Corporate Affairs, and was involved in a reverse takeover exercise.

 

In 1994, Mr Rajan joined Perusahaan Otomobil Kedua Sdn Bhd – Perodua – initially as General Manager, Corporate Planning & Finance, handling the responsibilities of Group CFO. He was closely involved in the restructure of Perodua with the Japanese partners gaining 51 % equity and control in Perodua’s manufacturing arm. On completion of the exercise in December 2001, he was appointed to the Board of the newly established JV companies and designated as Executive Director.

 

In 2008, Mr Rajan joined Johnson Controls Automotive Holdings/ Adient Malaysia as General Manager/ Managing Director, working to revive the company’s performance and achieving a return to profitability through operational improvements and efficiencies. Between 2012 and 2021, he took on several roles in the India Southeast Asia and Asia Pacific regions, focusing on the commercial and strategic planning aspects of the business to expand and strengthen the footprint of the organisation.

 

He does not hold any directorship in other public companies.

Mr. Chow Seck Kai

Mr. Chow Seck Kai, a Malaysian, aged 66, was appointed to the Board of the Company as an Independent Non-Executive Director on 17 March 2010. He was appointed as Chairman of the Audit Committee and subsequently was re-designated as a member of the Audit Committee on 20 April 2015. He is also a member of the Remuneration Committee and Nomination Committee.

 

Mr. Chow is an Associate of The Institute of Chartered Secretaries and Administrators (UK). He is also a Fellow Member of the Institute of Public Accountants (IPA), Australia. Mr. Chow has more than twenty-five (25) years of working experience in public practice in various fields relating to his profession as company secretary and corporate advisor to SME companies.

 

Mr. Chow is currently an Independent Non-Executive Director in Divfex Bhd

Datin Chan Bee Leng

Datin Chan Bee Leng, a Malaysian, aged 61, was appointed to the Board of the Company as a Non-Independent Non-Executive Director on 31 October 2011.

 

Datin Chan graduated from University of Warwick, United Kingdom (“UK”) with a BSc (Hons) Management Science (Majoring in Finance & Marketing) and from Weston-Super-Mare Technical College, UK with GCSE ‘A’ Levels & Business Education Council Diploma (BEC).

 

Datin Chan was a Finance Manager in Brisdale Sdn. Bhd. (a subsidiary of developer Perwira Indra Sakti Sdn. Bhd.) from 1990 to 1996. She was a Director of Tepat Concrete Sdn. Bhd. from 2000 to 2006. She subsequently joined Bukit Jalil Development Sdn. Bhd. as a Consultant from 2006 to 2008.

 

Datin Chan is the spouse of Dato’ Low Tuck Choy, a major shareholder of the Company and the mother to Mr. Low Kheng Lun, a Non-Independent Non-Executive Director of the Company.

 

Datin Chan does not hold any directorship in other public companies.

Mr. Low Kheng Lun

Mr. Low Kheng Lun, a Malaysian, aged 35, was appointed to the Board of the Company as a Non-Independent Non-Executive Director on 31 October 2011.

 

He graduated from European Business School, London, United Kingdom (“UK”) with MA (Hons) Entrepreneurial Management and University College London, UK with BEng (Hons) Civil Engineering.

 

He served as a Graduate Engineer in Buildings and Infrastructure Department in Scott Wilson PLC, London, UK from 2008 to 2009. He was an IT Advisory Associate in KPMG. He is currently a Director of Catalyst Interior Design Sdn. Bhd. and a Director of Low Chee Group Sdn. Bhd.

 

He is the son of Dato’ Low Tuck Choy, a major shareholder of the Company and Datin Chan Bee Leng, a Non-Independent Non-Executive Director of the Company.

 

He does not hold any directorship in other public companies.