Powerwell appoints Adam Yee as deputy managing director

TheEdge Fri, Jul 01, 2022 01:06pm - 1 year View Original


KUALA LUMPUR (July 1): Powerwell Holdings Bhd has appointed Datuk Adam Yee Hee Hoon as its deputy managing director, effective Friday (July 1).

In a statement on Friday, Powerwell executive director Catherine Wong said the appointment is timely and important for Powerwell as the Malaysian economy is recovering and electricity demand in the Southeast Asia region is projected to triple by 2050, according to the ASEAN Centre for Energy.

She said Yee is no stranger within the Malaysian engineering and technical services industry as he is the first Malaysian president and chief executive officer of Siemens Malaysia.

She said that under his leadership, Siemens Digital Industries won the "World’s Highest Turnover Increase in Co-Sales Countries in Training Business" award and the "Courage and Innovation in Developing Industry 4.0 Ecosystem in Malaysia" award.

At the midday break on Friday, Powerwell was 2.44% or half a sen lower at 20 sen, with 60,000 shares traded.

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