Promotion

Mr Evan Cheah Yean Shin ("Mr Evan Cheah") is currently the Group Chief Executive Officer ("CEO") for Digital and Strategic Investments in Sunway Group, a leading Malaysian conglomerate with multi-industry interests in property development, property investment, construction, healthcare, leisure and hospitality, retail mall management, fund management, building materials & industrial distribution and manufacturing. He will be promoted to Deputy President with effect from 2 January 2025 to focus on accelerating the Group's digital transformation and position Sunway at the forefront of innovation.

He has more than 10 years of experience in general management, investments and technology across various businesses within Sunway Group. 

Prior to his current role, he was the CEO of Sunway Group's China operations responsible for its China Corporate Office. Concurrently, he was the Executive Vice President-President's Office driving new business growth and synergies for Sunway Group. He was also a non-independent non-executive director of Elite Commercial REIT Management Pte Ltd, the Manager for Elite Commercial REIT, a real estate investment trust listed on Singapore Exchange Securities Trading Limited from January 2020 to January 2024.

Mr Evan Cheah sits on the board of Sunway Construction Group Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad, as a non-independent non-executive director. He currently also sits on the boards of various private operating companies including as Chairman of the Board for Credit Bureau Malaysia Sdn Bhd, Sunway Money Sdn Bhd, Multicare Health Pharmacy Sdn Bhd and Tianjin Eco-City Sunway Property Development Co. Ltd.

Mr Evan Cheah Yean Shin is the child of Tan Sri Sir Dr Jeffrey Cheah Fook Ling ("Tan Sri Sir Dr Jeffrey Cheah") who is the Executive Chairman and major shareholder of Sunway Berhad ("Sunway"). He is also the sibling of Datin Paduka Sarena Cheah Yean Tih, an Executive Director and major shareholder of Sunway.

Mr Evan Cheah Yean Shin is a Director and major shareholder of Sunway Technology Sdn Bhd ("STSB"). He is also a Director in several subsidiaries of STSB where the business activities of those companies comprise information technology solutions providers. There could be potential conflicts of interest if Sunway Group and STSB group of companies venture into competing business in the future.

Mr Evan Cheah holds 5,304,474 ordinary shares and 419,520 Irredeemable Convertible Preference Shares ("ICPS") in Sunway.

Mr Evan Cheah has deemed interest in 3,657,807,848 ordinary shares and 359,609,264 ICPS of Sunway by virtue of Section 8 of the Companies Act 2016 held through Active Equity Sdn Bhd, Sungei Way Corporation Sdn Bhd, Jef-San Enterprise Sdn Bhd and parent.