Leong Ngai Seng
Non-Independent Non-Executive Chairman

Leong Ngai Seng

Non-Independent Non-Executive Chairman

Malaysian, male, aged 47, Non-Independent Non-Executive Chairman, was appointed to the Board of Acoustech Berhad on 25 February 2002. He has a Law Degree and Commerce Degree LLB (Hons) B. Comm. from University of Melbourne and has previously practised as a solicitor and worked as a merchant banker in the Corporate Finance Department of a leading merchant bank in Malaysia.

Mr. Leong holds directly 4,545,956 ordinary shares or 2.34% and is deemed interested in 28,468,186 ordinary shares or 14.64% in the Company via his holding companies.

He is a member of the Audit and Risk Management Committee and Remuneration Committee and the Chairman of the Nomination Committee of the Company. Except for his shareholding interest in the Company, he has no family relationship with any of the Directors and/or major shareholder of the Company. He has not been convicted of any major offences within the past five (5) years and has not been imposed with any penalty by any regulatory bodies during the financial year 2018.





Ong Li Tak , Richard
Managing Director

Ong Li Tak , Richard

Managing Director

Malaysian, male, aged 42, Managing Director, was appointed to the Board of Acoustech Berhad on 19 February 2016 as an Executive Director. He has since re-designated as the Managing Director of the Company on 17 April 2019. Richard Ong was born in Kluang, Johor, in 1977.

Richard has extensive experience in property development. He was attached with the property development segment of BCB Berhad prior to assuming his role in Acoustech Berhad. His illustrious career portfolio dates back to 1996 as a Clerk-of-Works for a first ever mixed development housing project in Kluang, Johor. Richard has a wide spectrum of industrial know-how and business acumen, from sales administration to sales and marketing planning, project development, property management, product conceptualization and strategy, business development and liaison with local government bodies and relevant authorities.

Richard has established himself as a prominent captain of the property development industry in the Southern region of Malaysia. He distinguishes himself with brilliant, innovative ideas and takes pride in making life happy for aspiring buyers.

Richard holds directly 700,400 ordinary shares or 0.36% interest in the Company. He has no family relationship with any of the Directors and/or major shareholder of the Company. He has not been convicted of any major offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2018.


Ahmad Rahizal Bin Dato’ Ahmad Rasidi

Executive Director

Malaysian, male, aged 36, Executive Director, was appointed to the Board of Acoustech Berhad on 24 April 2015. He served as the Senior Independent Non-Executive Director prior to taking up the appointment as Executive Director on 31 October 2019. He graduated with a Diploma in Business from International School of Hong Kong. Subsequently, he completed his degree in Business IT in Sunway College.

He began his career in Koperasi Ukhwah Malaysia Berhad in business development and administration for its property investment and development and credit financing division. He was then promoted to the role of Head of Property Development and Investment Department which looks into the Koperasi assets in Malaysia, United Kingdom and Australia.
He is also a Director in Noble Signet Sdn Bhd, a company which develops IT systems catering to cooperatives and the banking industry. He is also the Chairman of UQ Holiday which charters flights for pilgrims to perform Umrah.
In addition, he is currently the Chief Executive Officer of Uniqa Sdn Bhd, a company that provides electronic payment systems, as an alternative delivery channel for financial institutions.
With the experience gained, he started Tres Industry Sdn Bhd, which undertakes property development in the Klang Valley. He has also partnered with other property development companies to undertake development in Melaka and Johor.
En. Ahmad Rahizal does not hold any shares in the Company. He has no family relationship with any of the Directors and/or major shareholder of the Company. He has not been convicted of any major offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2018.
En. Ahmad Rahizal is also an Independent Non-Executive Director and the Chairman of Risk Management Committee and Nomination Committee of Minetech Resources Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad.


 

Soon Kwai Choy

Independent Non-Executive Director

Malaysian, male, aged 68, Independent Non-Executive Director, was appointed to the Board of Acoustech Berhad on 3 September 2001. He has held several senior positions in various major Malaysian corporations and was admitted as a member of the Association of Chartered Certified Accountants (ACCA) (UK) in 1979 and a member of the Malaysian Institute of Accountants (MIA) since 1980. He was the Past President of the Confederation of Asian and Pacific Accountants and former Vice-President of MIA. He sat in the International Council of the ACCA headquarters in London, United Kingdom from 1996-2008. He was awarded an honorary CPA by the Chinese Government in 1996.

Mr. Soon is the Chairman of the Audit and Risk Management Committee of the Company and a member of the Nomination Committee and Remuneration Committee. Mr. Soon holds directly 400,000 ordinary shares or 0.21% interest in the Company and is deemed interested in 610,000 ordinary shares or 0.31% held by his spouse. Except for his shareholding interest in the Company, he has no family relationship with any of the Directors and/or major shareholder of the Company. He has not been convicted of any major offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2018.


 

Koh Boon Huat

Independent Non-Executive Director

Malaysian, male, aged 64, Independent Non-Executive Director, was appointed to the Board of Acoustech on 19 February 2018. He graduated with a Degree in Management (Honours) from Multimedia University (MMU) in 2006 and obtained a Diploma in Management from Malaysia Institute of Management (MIM) in 1998.

Mr. Koh started his working career in the banking and finance industry and rose through the ranks in his 40 year banking career. His last held the position of Executive Director/ Area Manager, South Area Centre with United Overseas Bank (M) Berhad where he was responsible for managing eight branches in Johor and Melaka with a staff force of over 400 subordinates.

Specifically, Mr. Koh has extensive knowledge and experience in banking operations, credit & marketing, compliances, collections and recovery. Apart from servicing commercial clients, Mr. Koh has extensive experience dealing with Corporate Clients on matters relating to credit lending, wealth management, trade finance, operations and forex.

He is a member of the Audit and Risk Management Committee and Nomination Committee and the Chairman of the Remuneration Committee of the Company. Mr Koh does not hold any shares in the Company. He has no family relationship with any of the Directors and/or major shareholder of the Company. He has not been convicted of any major offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2018.


Tee Kuan Hong

Profile of Key Senior Management

Malaysian, male, aged 35, is a graduate from Monash University, Australia with a Bachelor of Commerce and Bachelor of Law. He is currently our Group General Manager responsible for overseeing the finance, administration and operations divisions. Mr. Tee joined Teras Eco Sdn. Bhd. in 2013, and was involved in the setting up of various departments such as Finance, Marketing & Sales, Construction, Corporate development etc. Mr. Tee was the key person to drive the development projects during the early stages of Teras Eco Sdn. Bhd., completing its maiden project, Senibong 88 with GDV of approximately RM100m and structuring other development proposals.

Prior to joining our Group, Mr. Tee was heavily involved in the finance industry, joining Singapore’s United Overseas Bank for well over 6 1/2 years. During his tenure, he handled in excess of 100 commercial and corporate loan deals including Small and Medium Enterprise accounts, structuring loan deals, managing cash flow and understanding various business environment needs of clients. Some of the notable deals he handled, include the construction of a water theme park, project financing for the beautification of a state river, the re-construction and refurbishment of a reputable hotel.

In his last 2½ years with UOB, he spearheaded the UOB Real Estate Department’s initiative to handle the property boom in Iskandar Malaysia, structuring several mega loan deals and complex bridging loans. With vast experience in the finance sector, coupled with strong understanding of legal banking and construction aspects, Mr. Tee also has a strong network with lawyers, valuers and high net worth clients and government authorities.

Mr. Tee also has experience in the hospitality industry having been involved with the setting up and operations of 2 boutique hotels located in Kluang and Kuala Lumpur. His exposure and experience in the hospitality field was further enhanced through his strong connections with Hong Kong’s Park Group and Singapore’s Park Royal and Pan Pacific Group. He was instrumental in the linking up of these three 5 star hospitality brands to manage the development of hotel buildings in Melaka and Johor.

Mr. Tee has no family relationship with any of the Directors and/or major shareholder of the Company. He does not hold any directorship in other public listed companies and does not have any conflict of interest with the Company. He has not been convicted of any major offences within the past five (5) years.


Tia Chong Hao

Profile of Key Senior Management

Malaysian, male, aged 34, is a graduate from Universiti Utara Malaysia and holds a Bachelor of Business Administration with Honours. He is our current General Manager for the Property Division. Mr. Tia started off as a banker, holding a commercial banking executive position with UOB Malaysia from June 2008 till May 2013 until his promotion to Assistance Vice President - Real Estate Team @ Commercial Banking. Mr. Tia then ventured into the property development sector by joining Tiong Nam Properties Sdn. Bhd. (a subsidiary company of Tiong Nam Logistic Berhad) as Assistant Sales & Marketing Manager where he led the sales and marketing team and was responsible for the strategic direction and coordination of various projects. Mr. Tia then joined Teras Eco Sdn. Bhd. in June 2015 and is now responsible for the various initiatives and projects under our Group’s property division.

Mr. Tia has no family relationship with any of the Directors and/or major shareholder of the Company. He does not hold any directorship in other public listed companies and does not have any conflict of interest with the Company. He has not been convicted of any major offences within the past five (5) years.


Goh Say Jauw

Profile of Key Senior Management

Malaysian, male, aged 46, holds a Degree in Business Administration with a major in Cost Accounting from Western Michigan University, USA. He is our current Assistant General Manager, Finance & Corporate Affairs. Mr. Goh joined the Group in 2016 and has been primarily responsible for group financial reporting, project financial projections, budgetary controls and a role in the Group’s corporate exercises.

He has more than 20 years of experience in group financial reporting, financial management and corporate exercises having served several established public listed companies and a conglomerate. Mr. Goh started his career at Ipmuda Berhad in 1996, a public listed company primarily involved in trading of building materials. Subsequently, in year 2000, Mr. Goh joined Muda Holdings Berhad, a public listed group of companies that manufacture industrial paper and corrugated boxes and was responsible for group financial reporting, compliance to reporting standards, group budgeting and financial analysis.

In early 2006, Mr. Goh began serving at the Head Office of DRB-Hicom Berhad, a local conglomerate with interest in automotive, property development, services, defence vehicles and banking, where he was also responsible for group financial reporting and was instrumental in the implementation of the Group’s first-time adoption of the then Financial Reporting Standards (“FRSs”). Subsequently, in 2008, Mr. Goh joined Naza TTDI Sdn. Bhd., an established group of companies involved in property development. During his 7-year tenure with Naza TTDI, he served as a member of the due diligence working group for the Group’s listing exercise, spear-headed the Group’s first-time adoption of FRSs and anchored group financial reporting. He was also responsible for land acquisitions financing and project financing including syndicated loans and loan restructuring, project feasibilities and projections. Before he left Naza TTDI, Mr. Goh was holding the position of Senior Manager, Finance. Prior to joining Acoustech Berhad in 2016, Mr. Goh served EN Capital Sdn. Bhd., a group of companies with interest in property development and media, where he was involved in project financing and group financial reporting. EN Capital held interest in several investment properties and development land in Klang Valley and operated Bloomberg TV Malaysia.

Mr. Goh has no family relationship with any of the Directors and/or major shareholder of the Company. He does not hold any directorship in other public listed companies and does not have any conflict of interest with the Company. He has not been convicted of any major offences within the past five (5) years.