Bursa Announcements
Date : 10 June 2025
Change in Principal Officer
SUNWAY BERHAD |
Date of change | 16 Jun 2025 |
Name | MR CHEN KOK PENG |
Age | 42 |
Gender | Male |
Nationality | Malaysia |
Type of change | Appointment |
Designation | Chief Financial Officer |
Qualifications
|
||||||||||||||||||||||||||
Working experience and occupation | Mr Chen Kok Peng ("Mr Chen") joined Sunway Group as a Finance Trainee in 2004. He had held various roles within Sunway Group including Financial Controller of Sunway Hatay Co Ltd, Vietnam in 2008 and Assistant General Manager - Corporate Finance and Investor Relations of Sunway Berhad from 2009 to 2015. During his tenure with Corporate Finance, Mr Chen oversaw the listing of Sunway Berhad, Sunway Real Estate Investment Trust ("Sunway REIT") and Sunway Construction Group Berhad. Mr Chen joined Sunway Integrated Properties Sdn Bhd in end of 2015 and was promoted to General Manager of Business Development where he gained exposure evaluating real estate opportunities in Malaysia, Singapore, United Kingdom and Australia. He is currently the Chief Executive Officer ("CEO") of Sunway REIT Management Sdn Bhd (Manager of Sunway REIT), a position he has held since 1 July 2023. During his tenure as CEO, Sunway REIT undertook a series of asset acquisitions and asset enhancement initiatives which grew Asset Under Management from RM8.8 billion to RM10.6 billion today. In its latest financial year ended 31 December 2024, Sunway REIT recorded its highest ever dividend per unit of 10 sen. |
|||||||||||||||||||||||||
Directorships in public companies and listed issuers (if any) | (1) SUNREIT Capital Berhad (2) SUNREIT Perpetual Bond Berhad (3) SUNREIT Bond Berhad |
|||||||||||||||||||||||||
Family relationship with any director and/or major shareholder of the listed issuer | Nil |
|||||||||||||||||||||||||
Any conflict of interests that he/she has with the listed issuer | Nil |
|||||||||||||||||||||||||
Details of any interest in the securities of the listed issuer or its subsidiaries | Nil |
Remarks : |
Mr Chen Kok Peng will resign as Director and CEO of Sunway REIT Management Sdn Bhd (Manager of Sunway REIT), and as Director of SUNREIT Capital Berhad, SUNREIT Perpetual Bond Berhad, SUNREIT Bond Berhad and SUNREIT Hartanah Sdn Bhd with effect from 16 June 2025. This announcement is dated 10 June 2025. |
Announcement Info
Company Name | SUNWAY BERHAD |
Stock Name | SUNWAY |
Date Announced | 10 Jun 2025 |
Category | Change in Principal Officer |
Reference Number | C04-04062025-00003 |