CARZO

0.300

(%)

Change in Boardroom

CARZO HOLDINGS BERHAD

Date of change 01 Nov 2022
Name DATO' SRI DELON LEE KEAN YIP
Age 43
Gender Male
Nationality Malaysia
Type of change Redesignation
Previous Position Chief Executive Officer
New Position Managing Director
Directorate Executive

Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
Degree
Bachelor in Arts
Trinity College London

Working experience and occupation
Dato' Sri Delon Lee Kean Yip began his career as Marketing Executive at Citibank Berhad in 1997, where he was involved in marketing of credit cards. In 1998, he left Citibank Berhad and decided to take a break before pursuing his study in Trinity College London in 2000. Upon his graduation in 2002, he joined Siemens Malaysia Sdn. Bhd. as Marketing Executive, where he was involved in the marketing of Siemens products. In 2003, he resigned from his position in Siemens Malaysia Sdn. Bhd. and joined Zugar Sdn. Bhd. as Branch Manager, where he was responsible for the distribution and retailing of fruits and overseeing the daily operations of 2 retail stores of the company which involved its procurement, warehouse management, marketing and sales, collection as well as staff management.

In 2011, he has amassed over 8 years of experience in the fruit distribution and retailing business, he left Zugar Sdn. Bhd. and co-founded Carzo Sdn. Bhd. with Datin Sri Peh Chai Hoon. Initially, Carzo Sdn. Bhd. was principally involved in the trading of used cars and car spare parts. Having had 8 years of experience in the fruit and vegetable distribution and retailing business prior to 2011, Dato' Sri Delon Lee Kean Yip saw the potential growth of the fresh fruit market in Malaysia. He thus decided to leverage on his network of suppliers and customers as well as experience gained over the years to venture into the distribution of fresh fruits in 2013, and ceased operating in the used cars and car spare parts business in the same year. Todate, Dato' Sri Delon Lee Kean Yip has more than 18 years of experience in the distribution, wholesale, trading and import of fresh fruits.
Family relationship with any director and/or major shareholder of the listed issuer
Datin Sri Peh Chai Hoon - Spouse
Cheong Wai Keh - Cousin
Any conflict of interests that he/she has with the listed issuer
None
Details of any interest in the securities of the listed issuer or its subsidiaries
Direct interest: 56,096,500 (58.794%)
Indirect/deemed interest: 5,561,000 (5.828%)




Announcement Info

Company Name CARZO HOLDINGS BERHAD
Stock Name CARZO
Date Announced 01 Nov 2022
Category Change in Boardroom
Reference Number C03-26102022-00002