Change in Boardroom
| IOI PROPERTIES GROUP BERHAD |
| Date of change | 15 Apr 2020 |
| Name | MR LEE YEOW SENG |
| Age | 42 |
| Gender | Male |
| Nationality | Malaysia |
| Type of change | Redesignation |
| Previous Position | Chief Executive Officer |
| New Position | Vice Chairman |
| Directorate | Executive |
Qualifications
| No | Qualifications |
Major/Field of Study |
Institute/University |
Additional Information |
|
Degree
|
LLB (Honours) |
King’s College, London |
|
| Working experience and occupation | Lee Yeow Seng is a barrister-at-law from the Bar of England & Wales by Inner Temple. He has served at the London and Singapore offices of a leading international financial services group for approximately two (2) years prior to joining IOI Group. Since joining IOI Group, he had been actively involved in corporate affairs and general management within IOI Group prior to the demerger and listing of IOI Properties Group Berhad (IOIPG). Lee Yeow Seng joined the Board of IOIPG on 25 February 2013 as Executive Director and holds the position of Chief Executive Officer of IOIPG since 8 January 2014. Lee Yeow Seng was also appointed the Executive Director of IOI Corporation Berhad on 3 June 2008 and was subsequently re-designated to Non-Independent Non-Executive Director on 18 December 2013. |
| Family relationship with any director and/or major shareholder of the listed issuer | Lee Yeow Seng, Dato' Lee Yeow Chor and Lee Yoke Har are members of the immediate family. Lee Yeow Seng and Dato' Lee Yeow Chor, both are also the major shareholders of IOIPG through Vertical Capacity Sdn Bhd. |
| Any conflict of interests that he/she has with the listed issuer | No. |
| Details of any interest in the securities of the listed issuer or its subsidiaries | Direct Interest (a) 100,000 ordinary shares (b) 5,443,774 share options Deemed Interest 3,495,884,541 ordinary shares Deemed interested by virtue of his interest in Vertical Capacity Sdn Bhd under Section 8 of the Companies Act 2016. |
| Remarks : |
Lee Yeow Seng will relinquish his position as Chief Executive Officer and will be re-designated to Executive Vice Chairman of the Company effective from 15 April 2020. This announcement is dated 14 April 2020. |
Announcement Info
| Company Name | IOI PROPERTIES GROUP BERHAD |
| Stock Name | IOIPG |
| Date Announced | 14 Apr 2020 |
| Category | Change in Boardroom |
| Reference Number | C03-13042020-00003 |