Tan Ler Chin
Independent Non-Executive Director
Malaysian Age 63 Female
Member of Audit and Risk Management Committee
Member of Nomination Committee
Member of Remuneration Committee
Date of Appointment 14 June 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Bachelor of Economics (Honours) degree from Universiti
Kebangsaan Malaysia in 1983
Member of ICDM since August 2021

Ho Kim Poi
Independent Non-Executive Director
Malaysian Age 60 Female
Chairperson of Audit and Risk Management Committee
Member of Nomination Committee
Date of Appointment 14 June 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Bachelor of Science degree from University of Adelaide,
Australia in 1987
Master of Business Administration from the University of
Lincoln, United Kingdom in 2001
Member of the Malaysian Institute of Accountants and
CPA Australia since 1990 and 1991 respectively
Member of ICDM since August 2021

Dato’ Yeow Wah Chin
Independent Non-Executive Director
Malaysian Age 63 Male
Chairperson of Nomination Committee
Member of Remuneration Committee
Date of Appointment 14 June 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Bachelor of Economics (Honours) degree from Universiti
Kebangsaan Malaysia in 1984
Bachelor of Laws (Honours) degree from University
College of Wales, Aberystwyth, United Kingdom in 1991
Called to the Malaysian Bar as an advocate and solicitor
in 1993
Member of ICDM since August 2021

Oh Keng Leng
Independent Non-Executive Director
Malaysian Age 55 Male
Chairperson of Remuneration Committee
Member of Audit and Risk Management Committee
Date of Appointment 14 June 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Bachelor of Commerce degree from University of
Melbourne, Australia in 1992
Member of both the Malaysian Institute of Accountants
and CPA Australia since 1995
Member of ICDM since August 2021

Lim Kim Yew
Non-Independent Non-Executive Director
Malaysian Age 61 Male
Date of Appointment 21 May 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Secondary school education at SMK Sultan Sulaiman
Shah, Selangor in 1980
Member of ICDM since August 2021

Lim Kim Chieng
President/Non-Independent Executive Director
Malaysian Age 64 Male
Date of Appointment 21 May 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Pre-university studies at Tunku Abdul Rahman College
in 1979
Member of ICDM since August 2021

Lim Kim Heng
Non-Independent Executive Chairman
Malaysian Age 62 Male
Date of Appointment 21 May 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Pre-university studies at Tunku Abdul Rahman College in
1980
Member of the Institute of Corporate Directors Malaysia
(“ICDM”) since August 2021

5-Year Group Financial Highlights
Financial Highlights 1,172,301
61,063
500,865
1,144,862
49,559
587,234
1,294,769
55,637
656,912
1,444,115
65,256
702,897
1,562,219
60,522
850,440
REVENUE
(RM’ 000)
NET PROFIT ATTRIBUTABLE TO
SHAREHOLDERS
(RM’ 000)
TOTAL ASSETS
(RM’ 000)
FY2018 FY2019 FY2020 FY2021 FY2022 FY2018 FY2019 FY2020 FY2021 FY2022 FY2018 FY2019 FY2020 FY2021 FY2022
Financial Summary 2018 2019 2020 2021 2022
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER (RM’000)
Revenue 1,172,301 1,144,862 1,294,769 1,444,115 1,562,219
Gross Profit 261,623 245,340 270,001 303,648 340,794
Earnings before Interest, Tax, Depreciation
and Amortisation
113,730 101,300 113,792 127,022 130,962
Profit Before Tax 74,983 61,486 73,615 84,524 85,261
Net Profit Attributable to Shareholders 61,063 49,559 55,637 65,256 60,522
AS AT 31 DECEMBER (RM’000)
Total Shareholders' Fund 85,540 122,862 166,206 233,664 529,122
Total Assets 500,865 587,234 656,912 702,897 850,440
Total Current Assets 281,209 321,071 367,385 431,770 539,671
Total Liabilities 415,325 464,372 490,706 469,233 321,318
Total Borrowings 16,500 45,044 55,192 56,997 24,000
Cash and Bank Balances 23,735 54,412 68,755 51,742 155,492
Net Gearing Ratio N/A N/A N/A 2.3% N/A

shareholdings 2023

21. LIM KIM HENG 3,000,000 0.200
22. DB (MALAYSIA) NOMINEE (TEMPATAN) SENDIRIAN BERHAD
DEUTSCHE TRUSTEES MALAYSIA BERHAD FOR EASTSPRING
INVESTMENTS EQUITY INCOME FUND
2,597,200 0.173
23. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
(ESPRING ABSR EQ)
2,378,700 0.159
24. CHIA SEONG POW 2,000,000 0.133
25. KUAN CHOON LIAN 2,000,000 0.133
26. LIM WEE CHAI 2,000,000 0.133
27. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
GREAT EASTERN LIFE ASSURANCE (MALAYSIA) BERHAD (LPF)
1,979,700 0.132
28. DZUHAIRI BIN JAAFAR THANI 1,963,800 0.131
29. MEDILIANCE (M) SDN BHD 1,940,000 0.129
30. DB (MALAYSIA) NOMINEE (TEMPATAN) SENDIRIAN BERHAD
EXEMPT AN FOR AHAM ASSET MANAGEMENT BERHAD
(TSTAC/CLNTT)
1,934,500 0.129
Analysis of Shareholdings
as at 31 March 2023
D. L

shareholdings 2023

1. CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB FOR SQ DIGITAL SDN BHD (PB)
719,600,000 47.973
2. MAYBANK NOMINEES (TEMPATAN) SDN BHD
MAYBANK PRIVATE WEALTH MANAGEMENT FOR SQ DIGITAL SDN
BHD (12022529) (444327)
150,000,000 10.000
3. CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB FOR LIM KIM HENG (PB)
80,300,000 5.353
4. CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB FOR LIM KIM YEW (PB)
80,300,000 5.353
5. CIMSEC NOMINEES (TEMPATAN) SDN BHD
CIMB FOR LIM KIM CHIENG (PB)
80,300,000 5.353
6. CIMB GROUP NOMINEES (TEMPATAN) SDN BHD
CIMB BANK BERHAD (EDP 2)
20,000,000 1.333
7. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (PHEIM)
12,075,900 0.805
8. CITIGROUP NOMINEES (ASING) SDN BHD
CBNY FOR NORGES BANK (FI 17)
11,148,800 0.743
9. DB (MALAYSIA) NOMINEE (TEMPATAN) SENDIRIAN BERHAD
DEUTSCHE TRUSTEES MALAYSIA BERHAD FOR EASTSPRING
INVESTMENTS SMALL-CAP FUND
10,323,100 0.688
10. YAYASAN ISLAM TERENGGANU 8,000,000 0.533
11. CARTABAN NOMINEES (TEMPATAN) SDN BHD
PRUDENTIAL ASSURANCE MALAYSIA BERHAD FOR PRULINK
STRATEGIC FUND
6,598,000 0.440
12. MAYBANK NOMINEES (TEMPATAN) SDN BHD
MAYBANK TRUSTEES BERHAD FOR DANA MAKMUR PHEIM (211901)
6,281,300 0.419
13. CARTABAN NOMINEES (TEMPATAN) SDN BHD
PAMB FOR PARTICIPATING FUND
5,199,500 0.347
14. MAJLIS AGAMA ISLAM NEGERI SEMBILAN 5,000,000 0.333
15. DB (MALAYSIA) NOMINEE (TEMPATAN) SENDIRIAN BERHAD
LEMBAGA TABUNG HAJI (AL-WARA’)
4,758,500 0.317
16. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD
4,491,700 0.299
17. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
GREAT EASTERN LIFE ASSURANCE (MALAYSIA) BERHAD (LSF)
4,159,400 0.277
18. CITIGROUP NOMINEES (TEMPATAN) SDN BHD
GREAT EASTERN LIFE ASSURANCE (MALAYSIA) BERHAD (LEEF)
3,229,600 0.215
19. ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR CHIN KUAN WENG
3,002,100 0.200
20. AFFIN HWANG NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR SHIN KAM SUN

Group
Fee
RM’000
Salaries,
emoluments,
and statutory
contribution
RM’000
Allowances
RM’000
Bonuses
RM’000
Benefit inkinds
RM’000
Total
RM’000
Executive Directors
Lim Kim Heng - 1,383 2 158 24 1,567
Lim Kim Chieng - 1,383 2 158 35 1,578
Non-Executive Directors
Lim Kim Yew 60 - - - - 60
Dato’ Yeow Wah Chin 96 - 10 - - 106
Oh Keng Leng 96 - 13 - - 109
Ho Kim Poi 120 - 12 - - 132
Tan Ler Chin 96 - 14 - - 110

Details of the Directors’ remuneration for FY2022 in the Group are as follows:-
Company
Fee
RM’000
Salaries,
emoluments,
and statutory
contribution
RM’000
Allowances
RM’000
Bonuses
RM’000
Benefit inkinds
RM’000
Total
RM’000
Senheng New Retail Berhad
Executive Directors
Lim Kim Heng - - - - - -
Lim Kim Chieng - - - - - -
Non-Executive Directors
Lim Kim Yew 60 - - - - 60
Dato’ Yeow Wah Chin 96 - 10 - - 106
Oh Keng Leng 96 - 13 - - 109
Ho Kim Poi 120 - 12 - - 132
Tan Ler Chin 96 - 14 - - 110

Terlalu tamak. MWDG harus bertindak, dll.

@@@@@@@@@@@@@@@warchest

They need to do cost-cutting measures. 2 Directors are taking above RM3m of remunerations while 5 management team are taking RM500k per annum. Even the CFO is only 32 years old only while the rest of the management team is quite young. All-in-all, RM6-7m paid to 7 persons

2 hours ago


warchest

RM500k per person for each management team. That's exorbitant for the level of experiences

2 hours ago

@warchest

They need to do cost-cutting measures. 2 Directors are taking above RM3m of remunerations while 5 management team are taking RM500k per annum. Even the CFO is only 32 years old only while the rest of the management team is quite young. All-in-all, RM6-7m paid to 7 persons

2 hours ago


warchest

RM500k per person for each management team. That's exorbitant for the level of experiences

2 hours ago

Senheng rm1.07 ipo price --> 31sen

"Nikkei parties like it's 1989; scales record high"

Corporate governance changes in Japan are driving buybacks and unwinding cross-holdings, and foreigners are now spurring the rally with the likes of large investment from Warren Buffett in 2020 putting the spotlight on attractive valuations.

https://uk.investing.com/news/economy/nikkei-parties-like-its-1989-scales-record-high-3347261

RHB downgrades it to ‘sell’ amid worse-than-expected boycott impact
The stock has been downgraded to “sell” by RHB Research, with a target price (TP) of 46 sen ― a further 23% drop from its current price.

VT, kroni madey. Sebelum anwar jadi pm, kapal2 Israel boleh bersinggah di Malaysia.

The wars could extend to 2025. Israel is strong militarily, etc.

How did Israel become so powerful?
In fact, behind the success of Israel is the thoughtful policy of the state and the sacrifices of the entire Jewish people. First of all, there was insane defence spending. For decades, Israel spent 15-30% of GDP on the army. The country saved in other areas, and for two generations focused on protecting the country.22 Aug 2023

Mercedes sokong israel tak berani boikot, cuma kedai makan minum kena boikot , bukan? Hehehe

Bagi mereka yg tak boikot, enjoy gila, harga lebih murah & tak sesak. Baik juga. Berjaya group ada wang untuk membiayai kerugian

Israel wars against hamas berlarutan & boikot sampai wars end, probably dec 2024. Expecting bjfood price to fall.

BFood posted a net loss of RM42.6mil in the second quarter ended Dec 31, 2023 (2Q24) against a net profit of RM35.5mil in 2Q23, while revenue fell to RM182.6mil from RM295.3mil.

The floating LSSPV plant will be managed via TMCH subsidiary, TC Sunergy Sdn Bhd.

PETALING JAYA: Tan Chong Motor Holdings Bhd’s (TMCH) new floating large-scale solar photovoltaic (LSSPV) plant in Serendah, Selangor, has been commissioned and is expected to supply 1.043 million megawatt hours of green energy to Tenaga Nasional Bhd under a 25-year power purchase agreement (PPA).

The floating LSSPV plant will be managed via TMCH’s subsidiary, TC Sunergy Sdn Bhd (TCS), and commenced operations on Jan 5, 2024.

Kwsp should look for a buyer for 6%+ stake in tanchong.

Kwsp, sells continuously

Look like kwsp mau exit



4405 TCHONG TAN CHONG MOTOR HOLDINGS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
5th Floor, EPF Tower No.1, Persiaran Kwasa Utama 40150 Shah Alam Selangor
Malaysia
Descriptions (Class and Nominal Value):
Ordinary shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 16/02/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 15/02/2024 Disposed 10,000 0.000
Circumstances by reason of which change has occurred:
Disposal of Shares
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 40,407,200 shares (6.1990%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 40,407,200 shares
Remarks:
The percentage shareholding of Employees Provident Fund Board's direct
interest is computed based on the total number of issued shares of the Company
(less treasury shares) of 651,797,000 shares.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

20/02/2024 07:00 AM


Ref Code: 202402203600063

Tchong asyik rugi, jualkan kpd syarkat china macam proton, boleh untung ;)

<%-- for fixing scrollbar--%>
Save Print Back

4405 TCHONG TAN CHONG MOTOR HOLDINGS BHD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Address:
5th Floor, EPF Tower No.1, Persiaran Kwasa Utama 40150 Shah Alam Selangor
Malaysia
Descriptions (Class and Nominal Value):
Ordinary shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 15/02/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 14/02/2024 Disposed 60,000 -
Circumstances by reason of which change has occurred:
Disposal of Shares
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 40,417,200 shares (6.2010%)
Total : 40,417,200 shares
Remarks:
The percentage shareholding of Employees Provident Fund Board's direct
interest is computed based on the total number of issued shares of the Company
(less treasury shares) of 651,797,000 shares.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

19/02/2024 07:00 AM


Ref Code: 202402193600105

Tchong mau jual 49% stake kpd byd atau GAC Macam Drb jualkan 49% proton kpd geely?

Tchong Rugi sejak 2020 ;) tiada yg kekal selamanya

Too old to reskill and implement digital transformation

13-Jun-2022 24-Jun-2022 BONUS_ISSUE Bonus Issue 1.0000 : 1.0000
17-Sep-2021 30-Sep-2021 BONUS_ISSUE Bonus Issue 1.0000 : 3.0000
31-May-2021 14-Jun-2021 STOCK_SPLIT Subdivision 2.0000 : 1.0000
15-Aug-2019 28-Aug-2019 RIGHTS_ISSUE Rights Issue 3 : 1
15-Aug-2019 28-Aug-2019 RIGHTS_ISSUE Rights Issue 1 : 5
12-Sep-2013 26-Sep-2013 DIVIDEND Interim Dividend 20%
28-May-2012 08-Jun-2012 DIVIDEND Interim Dividend 25%
11-Jan-2010 25-Jan-2010 BONUS_ISSUE Bonus Issue 1 : 2
28-Mar-2008 10-Apr-2008 BONUS_ISSUE Bonus Issue 1 : 2
22-Nov-2007 31-Dec-2007 DIVIDEND Interim Dividend 103.5%

IPO price 70sen ---> 77sen ------> now ? TP 85sen by fund house :)

buy senheng better, dividend stock and below net assets per share too

Share consol: 10: 1 ---> 5bil shares+ to 500mil shares+ wait n see


Market Cap

RM128 Million

NOSH

5,108 Million shares

buying penny stocks, higher risk due to e.g. lower liquidity, higher spread and other fundamental biz factors. hehe

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
12/01/2024 00:00:00 0.0250 0.0050 8.000m 56.171m 200,000 1.404m 0.0250 0.1566 -
12/01/2024 00:00:00 0.0250 0.0050 5.766m 56.171m 144,155 1.404m 0.0250 0.1129 -
12/01/2024 00:00:00 0.0250 0.0050 10.000m 56.171m 250,000 1.404m 0.0250 0.1958 -
12/01/2024 00:00:00 0.0250 0.0050 7.905m 56.171m 197,623 1.404m 0.0250 0.1547 -
12/01/2024 00:00:00 0.0250 0.0050 20.000m 56.171m 500,000 1.404m 0.0250 0.3915 -
12/01/2024 00:00:00 0.0250 0.0050 4.500m 56.171m 112,500 1.404m 0.0250 0.0881 -
09/01/2024 00:00:00 0.0200 -0.0100 26.095m 26.095m 521,908 521,908 0.0200 0.5108 -

30 LARGEST SECURITIES ACCOUNT HOLDERS
No. Name No. of Shares Held %
1. CGS-CIMB Nominees (Asing) Sdn Bhd 596,535,000 11.68
Exempt An for CGS-CIMB Securities (Singapore) Pte Ltd (Retail Clients)
2. CSH Network Capital Sdn Bhd 505,223,600 9.89
– Pledged Securities Account for Radiance Dynasty Sdn Bhd
3. CSH Network Capital Sdn Bhd 344,000,000 6.73
– Pledged Securities Account for Aurora Crest Sdn Bhd
4. CSH Network Capital Sdn Bhd 277,382,800 5.43
– Pledged Securities Account for Dalphon Limited
5. Kenanga Nominees (Asing) Sdn Bhd 257,900,000 5.05
– Pledged Securities Account for Dalphon Limited (Third Party)
6. Kenanga Nominees (Tempatan) Sdn Bhd 184,597,000 3.61
– Pledged Securities Account for Tan Chong Swee
7. Kenanga Nominees (Tempatan) Sdn Bhd 172,558,800 3.38
– Pledged Securities Account for Kon Tek Yoong
8. Kenanga Nominees (Tempatan) Sdn Bhd 166,320,100 3.26
– Pledged Securities Account for Master Knowledge Sdn Bhd
9. CGS-CIMB Nominees (Tempatan) Sdn Bhd 144,504,800 2.83
– Pledged Securities Account for Chan Swee Ying (MY2512)
10. Kenanga Nominees (Tempatan) Sdn Bhd 124,760,000 2.44
– Pledged Securities Account for MMAG Holdings Berhad
11. CGS-CIMB Nominees (Tempatan) Sdn Bhd 120,289,200 2.35
– Pledged Securities Account for Chin Boon Long (MY2296)
12. CSH Network Capital Sdn Bhd 112,305,600 2.20
– Pledged Securities Account for Robust Potential Sdn Bhd
13. Kenanga Nominees (Asing) Sdn Bhd 95,000,000 1.86
– Pledged Securities Account for Dalphon Limited (Third Party)
14. Kenanga Nominees (Tempatan) Sdn Bhd 91,000,000 1.78
– Pledged Securities Account for Chan Swee Ying
15. Kenanga Nominees (Tempatan) Sdn Bhd 72,230,600 1.41
– Pledged Securities Account for Loh Lee Yin
16. Kenanga Nominees (Tempatan) Sdn Bhd 56,000,000 1.10
– Pledged Securities Account for Aurora Crest Sdn Bhd (Third Party)
17. Kenanga Nominees (Tempatan) Sdn Bhd 51,500,000 1.01
– Pledged Securities Account for Radiance Dynasty Sdn Bhd (Third Party)
18. HSBC Nominees (Asing) Sdn Bhd 47,908,800 0.94
– JPMCB NA for Vanguard Emerging Markets Stock Index Fund
19. HSBC Nominees (Asing) Sdn Bhd 44,018,600 0.86
– JPMCB NA for Vanguard Total International Stock Index Fund
20. Chin Boon Long 43,222,900 0.85
21. Kenanga Nominees (Tempatan) Sdn Bhd 40,305,600 0.79
– Pledged Securities Account for Cheok Kuang Yi
22. UOB Kay Hian Nominees (Tempatan) Sdn Bhd 40,030,000 0.78
– Exempt An for UOB Kay Hian Pte Ltd (A/C Clients)
23. Kenanga Nominees (Tempatan) Sdn Bhd 40,000,000 0.78
– Pledged Securities Account for Wong Wen Xin (RC)
24. Hong Seng Capital Sdn Bhd 39,800,000 0.78
– Pledged Securities Account for Hallmark Pixel Sdn Bhd
25. CSH Network Capital Sdn Bhd 39,240,000 0.77
– Pledged Securities Account for Eminent Mission Sdn Bhd
26. CSH Network Capital Sdn Bhd 37,047,200 0.73
– Pledged Securities Account for Master Knowledge Sdn Bhd
27. Chin Boon Long 36,700,000 0.72
28. CSH Network Capital Sdn Bhd 34,646,200 0.68
– Pledged Securities Account for Amberspace Sdn Bhd
29. Maybank Nominees (Temptan) Sdn Bhd 34,046,800 0.67
– Pledged Securities Account for Kon Tek Yoong
30. CSH Network Capital Sdn Bhd 33,835,700 0.66
– Pledged Securities Account for Newfront Ventures Sdn Bhd

Ms. Teoh Soon Han graduated from the Haworth College of Business, the Western
Michigan University of the United States of America with a degree in Bachelor of
Business Administration (BBA) in 2008.
She worked as a Personal Assistant cum Research Assistant to a professor in the
Universiti Sains Malaysia for more than a year in 2009 prior to joining HSG as a
Finance Executive and Administrator in 2010. Her roles and responsibilities were
to manage the daily transactions, banking activities and invoicing and providing
overall support to the daily operations of the company.
Ms. Teoh was first appointed to the Board as an Executive Director on 5 August
2020 and resigned on 19 October 2020. Subsequently, she was re-appointed as
the Alternate Director to his father, Dato’ Seri Teoh Hai Hin on the same date.
Presently, Ms. Teoh is the Head of Treasury of HSG, a position she has held since
2015 whereby she is responsible to oversee the businesses and financial aspects
of the companies under HSG. She also ensures compliance with internal controls,
policies and procedures while developing and monitoring treasury operational
policies for HSG.
In addition, she is also a Member of The International Honor Society Beta Gamma
Sigma since 2008 and a Member of The Honor Society of Phi Kappa Phi since
2007.
Ms. Teoh is the daughter of Dato’ Seri Teoh
who is the Group Managing Director and a
major shareholder of the Company. Neither
she has any conflict of interest with the
Company nor convicted of any offences
within the past five (5) years. There were
no public sanctions or penalties imposed
on her by the relevant regulatory bodies
during the financial year ended 30
September 2022.

Dato’ Kang Chez Chiang graduated with a Diploma in Police Science from the
University of Kebangsaan Malaysia. He is a retired Deputy Commissioner of
Police of the Royal Malaysia Police where he had served the Police Force for 39
years and 6 months.
He joined the Royal Malaysia Police in 1979 and served under General Operation
Force Department and Narcotics Crime Investigation Department (“NCID”).
He has held several posts in NCID, among those are Head of the Intelligence
Section, Head of Narcotics Crime Investigation Department Kuala Lumpur Police
Contingent, Principal Assistant Director of Intelligence and Operations, Deputy
Director of Intelligence and Operations.
Dato’ Kang’s experience in intelligence investigation, human management and
operational skills in the field of NCID works has enabled him to act at an advisory
level on drug matters to Police Directors.
Dato’ Kang is also a Director of Classita
Holdings Berhad (formerly known as Caely
Holdings Bhd.). He does not have any
family relationship with any director and/
or major shareholder of the Company.
Neither he has any conflict of interest with
the Company nor convicted of any offences
within the past five (5) years. There were
no public sanctions or penalties imposed
on him by the relevant regulatory bodies
during the financial year ended 30
September 2022.

Mr. Leong Kam Soon is a Fellow member of both the Association of Chartered
Certified Accountants and the Chartered Institute of Management Accountants.
He is also a member of the Malaysian Institute of Accountants.
Mr. Leong was the Deputy Director of Finance of Stamford College Berhad from
2001 before being promoted as the Chief Financial Officer in October 2007. He
held the position till September 2014 having served in Stamford College Berhad
for well over thirteen (13) years before deciding to pursue a career as a freelance
Financial Consultant. He has retired since 2020.
Prior to joining Stamford College Berhad, he worked as a Finance Manager for a
multi-national company specialising in the manufacture of packaging material for
beverages and was posted to the People’s Republic of China (“PRC”) for seven
(7) years. He returned to Malaysia in July 2001 and joined Stamford College
Berhad on 20 August 2001 as its Deputy Director of Finance. Prior to the PRC
employment, he was the accountant for a subsidiary of a listed plantation group
for three (3) years.
Mr. Leong does not hold any directorship in
other public companies and listed issuers.
He does not have any family relationship
with any director and/or major shareholder
of the Company. Neither he has any conflict
of interest with the Company nor convicted
of any offences within the past five (5)
years. There were no public sanctions or
penalties imposed on him by the relevant
regulatory bodies during the financial year
ended 30 September 2022.

Tuan Ng Keok Chai holds a degree in Bachelor of Laws (Hons.) from the University
of Wolverhampton, London, in 1996 while he was still in service with the Sarawak
Police Contingent, Royal Malaysia Police. In 1998, he obtained his Certificate in
Legal Practice issued by the Legal Profession Qualifying Board.
His early career started when he was recruited as a Police Inspector with the
Royal Malaysia Police in 1982. He was then posted to serve in Sarawak and was
promoted to Assistant Superintendent of Police. During his posting in Sarawak,
he served in the Criminal Investigation Department, General Duty, and Police
Field Force.
In 2003, Tuan Ng was transferred to Selangor Police Contingent Headquarters.
He was promoted to Deputy Superintendent of Police in 2005 and served in the
Commercial Crimes Investigation Department of Selangor Police Contingent
Headquarters. He was then promoted to Superintendent of Police and was
later transferred to Johor Police Contingent Headquarters as Deputy Head of
the Commercial Crimes Investigation Department in 2014. Later in the same
year, he was posted to the Commercial Crimes Investigation Department, Royal
Malaysia Police Bukit Aman, as an Assistant Director in the Forensic Accounting
Investigation Division.
He was promoted to Assistant Commissioner of Police in 2016, and his last held
post as Principal Assistant Director in Forensic Accounting Investigation Division,
Commercial Crimes Investigation Department, Royal Malaysia Police Bukit Aman.
Throughout his thirty-six (36) years of service in the Royal Malaysia Police, Tuan
Ng was very much involved in police investigations due to his legal background.
He specialises in criminal investigation across various fields, including commercial
crime, general crime, and forensic accounting, with comprehensive management
and special operations experience.
Currently, Tuan Ng is an Independent Non-Executive Director of Ingenieur Gudang
Berhad (formerly known as Dynaciate Group Berhad), CSH Alliance Berhad and
Green Packet Berhad. He is also the Executive Chairman of Classita Holdings
Berhad (formerly known as Caely Holdings Bhd.).
He does not have any family relationship
with any director and/or major shareholder
of the Company. Neither he has any conflict
of interest with the Company nor convicted
of any offences within the past five (5)
years. There were no public sanctions or
penalties imposed on him by the relevant
regulatory bodies during the financial year
ended 30 September 2022.

Mr. Yap Kien Ming graduated with a Bachelor Degree of Arts in Economics and
Marketing from the University of Brock, Canada.
He began his career as a Strategic Management Executive with Kein Hing
Industries Sdn. Bhd. During his five (5) years’ tenure, he had started and headed
the Purchasing Department. In addition, Mr. Yap had also put in place a stock
system besides heading the Purchasing Department. He was also responsible
for an integrated stamping, machining and surface grinding line and Sales and
Marketing with clients that included Sanden, Sharp, Nippondenso, Matsushita,
Clipsal and PDL Switch Gear Manufacturers. He was also responsible for a
Licensed Manufacturing Warehouse, a joint venture between three (3) Japanese
manufacturers, namely Tomen, Matsushita, Meiwa and Kein Hing Industries Sdn.
Bhd.
Subsequently, he joined Polychem Sdn. Bhd. as its Regional Product Manager
which is a manufacturers agent for hand tools, cutting tools and non-ferrous
materials from the United Kingdom, Europe and Australia, where he had served
a wide range of industries from automotive, mould and die, oil and gas and
electrical, electronics manufacturers.
In the last decade, he was appointed as the Regional Sales Manager for Garryson
(now under ATA Tools.), and responsible for the Sales and Marketing for China,
Indonesia, Malaysia, Singapore and Thailand. During his tenure, he was involved
in Business Development, Sales and Distribution channels, Technical Training
and Support to dealers around the region.
Mr. Yap has vast experience in Technical Sales and Cross Cultural marketing
in Asia and his primary focus was in the oil and gas, aerospace and shipping
industry and is now the Director in Takaso Trading Sdn. Bhd.
Mr. Yap does not hold any directorship in
other public companies and listed issuers.
He does not have any family relationship
with any director and/or major shareholder
of the Company. Neither he has any conflict
of interest with the Company nor convicted
of any offences within the past five (5)
years. There were no public sanctions or
penalties imposed on him by the relevant
regulatory bodies during the financial year
ended 30 September 2022.

Ms. Lee Li Chain graduated from the Tunku Abdul Rahman College with an
Advanced Diploma in Commerce (Financial Accounting) in 1999. She is a
Chartered Accountant with the Malaysian Institute of Accountants and a member
of the Association of Chartered Certified Accountants.
She started her career in 2000 as a tax assistant in a medium-sized tax firm.
During her tenure in tax, she was in charge of ensuring tax compliance by
individuals, medium to large private companies and public listed companies. She
also advised her clients on structuring their operations in a more tax efficient way.
She also assisted in special assignments on an ad-hoc basis.
Ms. Lee joined a medium-sized audit firm in 2001 and left in 2010 as its Senior
Manager. She was responsible for the planning and reviewing of the audits of
public listed companies, private limited companies and foreign owned entities
involved in a wide range of industries. She also led special assignments such as
reporting accountants’ work in initial public offerings and financial due diligence
reviews.
She then joined a joint venture company between a Malaysian GovernmentLinked Company (GLC) and a Middle East company in 2011 as its Group Finance
Manager, and subsequently a Malaysian public listed company as its Senior
Group Finance Manager.
Prior to her appointment as an Executive Director of Hong Seng Consolidated
Berhad, she was the Finance Director/Executive Director of a listed company in
ACE Market where she led the finance team and oversees the financial aspects of
the said listed company. She is also a Director of Harvest Miracle Capital Berhad
(formerly known as Vortex Consolidated Berhad).
She does not have any family relationship
with any director and/or major shareholder
of the Company. Neither she has any
conflict of interest with the Company
nor convicted of any offences within the
past five (5) years. There were no public
sanctions or penalties imposed on her by
the relevant regulatory bodies during the
financial year ended 30 September 2022.

Mr. Christopher Chan Hooi Guan graduated from the University of Central
Arkansas, United States of America, with a Bachelor of Music (Piano) degree in
1993. Then, he served Acxiom Corporation in the United States of America as a
business consultant before subsequently coming back to Malaysia in 1996.
Next, Chris started his own company and eventually expanded the business
into a public listed company known as The Media Shoppe Berhad. With more
than twenty-five (25) years of experience in the IT industry, Chris was involved
in the overall management of the said listed company and helped to develop the
strategic direction of the said listed company group. His responsibilities included
fund raising exercises, managing the initial public offering process, acquiring
new companies, making strategic investments as well as developing new local
and global business partnerships. Eventually, Chris retired as its Group Chief
Executive Officer in 2015.
Chris is also a Director and a substantial shareholder of TMS Software Sdn. Bhd.
and Open Dynamics Sdn. Bhd. He also is a co-founder and shareholder of Joget
Inc., another software company based in the United States of America where he
was its substantial shareholder until 2020.
In 2001, Chris won the PIKOM-Computimes ICT Award for ICT Entrepreneur of
the Year. He was also the finalist at the 2004 Ernst and Young ICT Entrepreneur
of the Year Award. He was the President of the Technopreneurs Association
of Malaysia (TeAM) between 2003 and 2005. Chris had served as the industry
representative on Cradle (a venture capital agency under the Ministry of Science
and Technology) between 2017 and 2020. He is a member of the Industry Advisory
Board of Help University College.
Chris is a substantial shareholder of the Company. He does not hold any
directorship in other public companies and listed issuers but holds directorships
in several private limited companies.
He does not have any family relationship
with any director and/or major shareholder
of the Company. Neither he has any conflict
of interest with the Company nor convicted
of any offences within the past five (5)
years. There were no public sanctions or
penalties imposed on him by the relevant
regulatory bodies during the financial year
ended 30 September 2022.

LESTER CHIN KENT LAKE
Malaysian 38 Male

Mr. Lester Chin Kent Lake started his career in the equity research and corporate
finance industry as a Management Associate at RHB Investment Bank where
he was promoted to Assistant Manager within two (2) years. During his stint as
the Assistant Manager, he was responsible for ensuring the timely preparation
of all relevant documents and assisting in reviewing documents to ensure high
professional quality is maintained while providing support in initial public offers,
merger and acquisition, disposal and other corporate transactions and others.
Then in 2011, he was appointed as an Equity and Technical Research Analyst at
RHB Research Institute and has experience dealing with both institutional and
retail clients. His coverage includes the rubber glove and healthcare companies
as well as technical analysis.
Subsequently, he joined UOB Kay Hian as the Head of Retail Research/
Senior Analyst from 2013 until 2017. He was tasked to conduct detailed equity
research, including analysing and forecasting industry trends and articulating
recommendations on sectors and stocks in designated segments, overseeing
production and coordination of retail research reports and events, overseeing
educational seminars and presentations for retail investors, active monitoring of
the micro and macro factors affecting the sectors and companies under coverage,
etc.
Lester left UOB Kay Hian in October 2020 as the Associate Director of Equity
Capital Markets, a position he held since 2017 whereby he was responsible to
oversee equity underwriting and placement activities of the company, accessing
requirements, examining strategies, and proposing solutions for the capital raising
needs of corporate clientele, conduct roadshows and presentations to enhance
and improve issuers access to capital markets among others.
With more than twelve (12) years of experience in the finance industry, he is
currently in the midst of establishing his own business.
Lester is a major shareholder of the Company. He does not hold any directorship
in other public companies and listed issuers but holds directorships in several
private limited companies.
He does not have any family relationship
with any director and/or major shareholder
of the Company. Neither he has any conflict
of interest with the Company nor convicted
of any offences within the past five (5)
years. There were no public sanctions or
penalties imposed on him by the relevant
regulatory bodies during the financial year
ended 30 September 2022.

Dato’ Seri Teoh Hai Hin completed his high school education at Han Chiang High
School, Penang in 1977.
Dato’ Seri Teoh started his business in 1978 from a small workshop selling
engines, spare parts, genset, marine engines, used and rebuilt commercial trucks
and others. In the year 2010, his private Hong Seng Group of Companies (“HSG”)
has been venturing and diversifying their businesses aggressively as the main
sole distributors of the New China Brand Automobile Commercial Trucks including
Heavy and Light Trucks, Agricultural and Construction Heavy Machineries. Under
his stewardship, Dato’ Seri Teoh expanded and transformed Hong Seng business
into a business conglomerate as the Group’s businesses also include assets
management, property development and construction.
He is currently the Group Managing Director of Hong Seng Consolidated Berhad
(“Hong Seng” or “the Company”) and its subsidiaries (“Hong Seng Group” or “the
Group”). He is responsible for overseeing the Group’s operations and has been
instrumental in the growth and development of Hong Seng Group.
Dato’ Seri Teoh has also been appointed as the Honorary Secretary to the
Commercial Vehicles Rebuilders Association Malaysia since 2008. He is also
actively involved in social work and is the Financial Chairman of The Blessed
Virgin Mary Church in Butterworth, Penang and as a philanthropist, he donates
to various charities.
Dato’ Seri Teoh was awarded the “2010 Golden Bull Award” by the organising
committee and was the 7th place winner in the “Super Golden Bull” category
in Malaysia. In addition, he was also awarded “Kwong Wah Yit Poh Centennial
Award in 2010” and the winner of the “Dr Sun Yat Sen Enterprise Excellent Award”.
Dato’ Seri Teoh is a major shareholder of the Company and the father of Ms.
Teoh Soon Han who also sits on the Board as his alternate director. He does
not hold any directorship in other public companies and listed issuers but holds
directorships in several private limited companies.
Neither he has any conflict of interest with
the Company nor convicted of any offences
within the past five (5) years. There were
no public sanctions or penalties imposed
on him by the relevant regulatory bodies
during the financial year ended 30
September 2022.

Dato’ Mohamed Suffian Bin Awang
Independent Non-Executive Chairman

Dato’ Mohamed Suffian Bin Awang obtained his Diploma in Public Administration
and Bachelor of Law Degree from the Universiti Teknologi Mara Shah Alam in
1992 and 1996 respectively. He has 14 years of legal practice and 6 years of civil
service working experience.
Currently, Dato’ Suffian is also the Independent Non-Executive Chairman
of PECCA Group Berhad, a position he held since 2015 and the Chairman of
the Maritime Institute of Malaysia (MIMA). He also sits on the board of Medical
Device Authority Malaysia under the Ministry of Health and Koperasi Permodalan
Sukarelawan Kuala Lumpur Berhad.
He does not have any family relationship
with any director and/or major shareholder
of the Company. Neither he has any conflict
of interest with the Company nor convicted
of any offences within the past five (5)
years. There were no public sanctions or
penalties imposed on him by the relevant
regulatory bodies during the financial year
ended 30 September 2022.

OUR WAY FORWARD: SUSTAINABILITY (CONT’D)
The Group had also identified Seremban, Negeri Sembilan as
a suitable location for Malaysia Green Valley (“MGV’), a green
industrial park project in which the EV battery manufacturing
plant will be the pioneer investor. In order to materialise the
project, we have issued a Letter of Intent (“LOI”) to Invest NS
in exploring the possibilities to form a strategic partnership for
the development of 5 parcels of leasehold land in Seremban,
Negeri Sembilan measuring approximately 284.75 acres into
MGV.
MGV is envisioned to be a green industrial park designed for
research and development, and manufacture cost effective
and sustainable renewable energy products and the related
supply chain businesses. MGV will be a centre of excellence
in building a green value chain in the Southeast Asia to
strengthen the clean energy value chain across the upstream,
midstream and downstream segments in the Southeast Asia
which will enable and spur the local small and medium-sized
enterprises to be more competitive.
With these exciting plans in the pipeline, the growth prospects
for the Group remains optimistic when taking into account
the encouraging forecasts for the global and regional
healthcare, EV as well as the local financial industry. Stable
and progressive growth in revenues and earnings in the future
will be our Board’s priorities. The Board will continue to strive
to create and enhance value for its stakeholders with new
business strategies with sustainability to be our way forward.
APPRECIATION AND ACKNOWLEDGEMENT
On behalf of the Board, I would like to thank my fellow Board
members, our Management and employees for their relentless
dedication, excellent teamwork and coordinated response in
addressing the ups and downs of the Group in the past year.
Each and every one of them demonstrated varying qualities
of commitment, passion and perseverance in adapting to the
multitude of changes triggered by the market sentiments to
ensure business continuity. I am convinced that Hong Seng
will see a brighter prospect ahead and together, we will
achieve our shared goal as we leverage our collective forces.
I would also like to welcome both Ms. Lee Li Chain for her
appointment as our Executive Director and Dato’ Kang Chez
Chiang for his appointment as our Independent Non-Executive
Director which took effect on 1 September 2022.
The financial year under review also saw the resignation of
Dato’ Seri Dr. Chen Chaw Min, Mr. Jeff Chong Koon Meng and
Mr. Kenny Khow Chuan Wah from the Board on 14 December
2021, 31 December 2021 and 14 March 2022 respectively.
On behalf of the Board, I would like to express our utmost
appreciation for their invaluable contribution to the Group.
My appreciation also goes to the shareholders, customers,
suppliers, business associates, financial institutions,
consultancies and other stakeholders for your loyal and
continued support.
Dato’ Mohamed Suffian Bin Awang
Independent Non-Executive Chairman

OUR WAY FORWARD: SUSTAINABILITY
Notwithstanding the economic volatility towards the recovery phase, we are
hopeful that the situation is temporary and not reflective of the healthcare,
financial and glove businesses or the industries’ true potential, both of which
remain promising in the longer term. We are mindful that a period of adjustment
is to be expected after each pandemic.
Having said that, be rest assured that the Board and the Management of the
Company are proactively taking on new ways of doing business by taking into
consideration of the rapid transformation in the various industries whilst we will
continue our efforts to achieve operational excellence and sustainability for all our
existing businesses. The Group will also continue to make use of its extensive
network in the industry to secure more business collaborations and investors
participation to support the vision.
I would also like to briefly update you on our upcoming venture in battery
manufacturing for electric vehicles (“EV”). Hong Seng had recently entered into
a Memorandum of Understanding (“MoU”) with EoCell Inc. (“EoCell”) to develop
a regional manufacturing hub in Malaysia to manufacture batteries for EV and
progress to energy storage solutions which will eventually be supplied to EV
manufacturers, assemblers and users in the Southeast Asian region.
EoCell, based in Silicon Valley, USA is a next generation battery technology
company with a world-class team of battery experts. EoCell engineers have
been key contributors to the design and manufacturing of plug-in hybrid electric
vehicles and EV batteries for prestigious brands such as BMW, Volkswagen, Audi,
Porsche, and Daimler. They are truly pioneers in the electrification movement,
and we look forward to working with them to design and develop world-class EV
battery to be produced in our factory

It has been an exhilarating journey for
me as the Independent Non-Executive
Chairman of such a diversified Group of
Companies. From healthcare to glove
supply chain businesses, Hong Seng has
been striving to bring the best value to its
stakeholders.
The past year has been challenging with
the volatility in the healthcare and glove
sector following the endemicity of the
COVID-19 infection which has impacted
our businesses in the supply of COVID-19
test kits, COVID-19 related laboratory tests
and screening services, and manufacturing
of nitrile gloves. Globally, the glove sector
has been hit hard by the oversupply
of gloves, increased competition and
weakening average selling prices following
the rally during the peak of the pandemic
back in the years 2020-2021.
To this end, we have ramped up the
strength of our healthcare offerings to
tap into general health, genetics tests,
cold chain logistics, etc to overcome the
dampening demand in COVID-19 related
products and services.
Amidst the glitches and hitches, I am
still proud to say that Hong Seng and its
subsidiaries (“the Group”) has performed
well with profits of approximately RM97.19
million generated for the FYE 2022 which
was mainly contributed by the Healthcare
Segment and gain on disposal of
subsidiaries.