PETALING JAYA: S P Setia Bhd’s president and chief executive officer Datuk Khor Chap Jen, as well as its deputy president and chief operating officer Datuk Wong Tuck Wai, will be retiring from the company at the end of September 2021.
In preparation for a smooth transition, S P Setia said its board of directors has named Datuk Choong Kai Wai and Datuk Koe Peng Kang to succeed Khor and Wong respectively with effect from Oct 1, 2021.
“This decision by the board was made following a succession plan which is part of the company’s leadership talent agenda, implemented based on the robust leadership discussions within the company,” said S P Setia in a statement yesterday.
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