Leong Ngai Seng
Chairman/Executive Director

Leong Ngai Seng

CHAIRMAN / EXECUTIVE DIRECTOR

Malaysian, male, aged 45, Chairman/ Executive Director, was appointed to the Board of Acoustech on Berhad on 25 February 2002. He served as the Senior Independent Non-Executive Director prior to taking up the appointment as Executive Director on 26 November 2015. He obtained his Law Degree and Commerce Degree LLB (Hons) B. Comm. from University of Melbourne and became a member of the Malaysian Bar in 1997. He was formerly an Assistant Vice-President in the Corporate Finance Department of a leading merchant bank in Malaysia. Mr. Leong was a partner in his own law firm prior to assuming the executive role in the Group.

Mr. Leong holds directly 4,805,956 ordinary shares or 2.88% and is deemed interested in 28,468,186 ordinary shares or 17.03% in the Company via his holding companies.

Except for this 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 offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2016. Mr. Leong is also an independent Non- Executive Director and Chairman of the Audit Committee of YFG Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad.


Ong Li Tak , Richard
Executive Director

Ong Li Tak , Richard

EXECUTIVE DIRECTOR

Malaysian, male, aged 40, Executive Director, was appointed to the Board of Acoustech Berhad on 19 February 2016. Richard Ong was born in Kluang, Johor, in 1997.

Richard boasts over 16 years of track record in the property development industry in BCB Berhad, amongst others. 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 does not hold any shares in the Company. He has no family relationship with any of the Director and/or major shareholder of the Company. He has not been convicted of any offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2016.


 

Soon Kwai Choy

Independent Non-Executive Director

Malaysian, male, aged 66, Independent Non-Executive Director, was appointed to the Board of Acoustech Berhad on 3 September 2011. 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 Committee of the Company and a member of the Nomination Committee. Mr. Soon holds directly 400,000 ordinary shares or 0.24% interest in the Company and is deemed interested in 610,000 ordinary shares held by this spouse. Except for this shareholding interest in the Company, he has no family relationship with any of the Director and/or major shareholder of the Company. He has not been convicted of any offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2016.


Ahmad Rahizal Bin Dato’ Ahmad Rasidi

Senior Independent Non-Executive Director

Malaysian, male, aged 34, Senior Independent Non- Executive Director was appointed to the Board of Acoustech Berhad on 24 April 2015. 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 divison. 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 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 Office 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 Kluang Valley. He has also partnered with other property development companies to undertake development in Melaka and Johor.

On 28 October 2016, En. Ahmad Rahizal was appointed as Independent Director of Minetech Resources Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad that specialises in civil engineering, construction, quarry operations, premix cement and bituminous products.

En. Ahmad Rahizal does not hold any shares in the Company. He has no family relationship with any of the Director and/or major shareholder of the Company. He has not been convicted of any offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2016.


CHUA TECK LEONG

Independent Non-Executive Director

Singaporean, male, aged 55, Independent Non- Executive Director, was appointed to the Board of Acoustech on 22 April 2016. He graduated from the University of London and was called to the English Bar in 1987. After he was called to the Singapore Bar in 1989, he started his career as a lawyer having a general practice from 1991-2000 and from 2005-2008.

In 2001, he was appointed as Executive Director of Serial System Limited, which is a public listed company in the Singapore Stock Exchange (SGX) involved in the business of distribution of components and manufacturer of consumer electronic devices. Prior to the appointment, he was an independent and non- executive director of the said company. He was also on the Board of Directors for PDC Corp Ltd (a main board listed company of the SGX) as their Independent Director serving as the Chairman for the Nominating and Remuneration Committee and member of the Audit Committee. He was also a Director of BullWill Co Ltd, a Taiwan company in the business of component manufacturing and distribution listed on the OTC Counter Taiwan Stock Exchange.

Currently, he serves as the Group Legal Counsel for Jforte Holdings Pte Ltd. He concurrently holds the post of Chief Operating Officer for JL Asia Resources Pte Ltd, a project management company in the management of development projects and hotel management business. He also served as a Director for Jforte Sportainment Pte Ltd and CueGuru Pte Ltd, a company and several pool and billiard centers in Singapore. He also helmed the position as Deputy CEO of ‘SUKI Group of Companies which operates a lotal of 26 F&B outlets.

Mr Chua does not hold any shares in the Company. He has no family relationship with any of the Director and/or major shareholder of the Company. He has not been convicted of any offences within the past five (5) years and has not been imposed any penalty by any regulatory bodies during the financial year 2016.


TEE KUAN HONG

Profile of Key Senior Management

Malaysian, male, aged 33, is a graduate from Monash University, Australia with a Bachelor of Commerce and Bacheior 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 RM 100m 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 well over 6 ½ 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 this last 2 ½ years with UOB, he spearheaded the UOB Real Estale 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 networth 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 Klang and Kuala Lumpor. 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 Melaka and Johor.

Mr. Tee has no family relationship with any of the Director 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 offences within the past five (5) years.


TIA CHONG HAO

Profile of Key Senior Management

Malaysian, male, aged 32, 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 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 Propperties 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 Director 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 offences within the past five (5) years.