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BOARD OF DIRECTORS

DATO’ IKHWAN SALIM BIN
DATO’ HAJI SUJAK

Independent Non-Executive Chairman

DATO’ SRI TAI HEAN LENG
@ TEK HEAN LENG

Deputy Chairman/ Managing Director/ Chief Executive Officer

LAU YOKE LEONG

Executive Director/Chief Financial Officer

ONG TENG CHUN, RICHARD

Executive Director (Member of Risk Committee)

DATO’ IKHWAN SALIM BIN
DATO’ HAJI SUJAK

Independent Non-Executive Chairman

DATO’ SRI TAI HEAN LENG
@ TEK HEAN LENG

Managing Director/ Chief Executive Officer

LAU YOKE LEONG

Executive Director/Chief Financial Officer

ONG TENG CHUN, RICHARD

Executive Director

(Member of Risk Committee)

ROY THEAN CHONG YEW

Independent Non-Executive Director
(Chairman of Audit Committee)

(Members of Nomination Committee and Remuneration Committee)

WAN MOHD FIRDAUS BIN WAN MOHD FUAAD

Independent Non-Executive Director
(Chairman of Remuneration Committee)

(Members of Risk Committee, Nomination Committee and Audit Committee)

ZUERAINI AHMAD BASRI

Independent Non-Executive Director (Chairman of Risk Committee and Nomination Committee)

(Members of Remuneration Committee and Audit Committee)

NG SIEW PENG

Executive Director

ROY THEAN CHONG YEW

Independent Non-Executive Director

(Chairman of Audit Committee)

(Members of Nomination Committee and Remuneration Committee)

WAN MOHD FIRDAUS BIN WAN MOHD FUAAD

Independent Non-Executive Director

(Chairman of Remuneration Committee)

(Members of Risk Committee, Nomination Committee and Audit Committee)

ZUERAINI AHMAD BASRI​

Independent Non-Executive Director

(Chairman of Risk Committee and Nomination Committee)

(Members of Remuneration Committee and Audit Committee)

NG SIEW PENG

Executive Director

DATO’ IKHWAN SALIM BIN DATO’ HAJI SUJAK

Malaysian, Male, Aged 66

Dato’ Ikhwan Salim Bin Dato’ Haji Sujak was appointed as Non-Executive Chairman on 22 May 2003 and a Non-Executive Director of Malaysia Steel Works (KL) Bhd (“Masteel”) on 23 July 1998. He was re-designated as an Independent Non-Executive Director on 23 April 2012. He obtained a Bachelor of Science degree in Economics/ Accounting in 1977 from Queen’s University, Belfast, Ireland. He joined Nestle (M) Sdn Bhd as a Finance Executive in 1979. In 1980, he joined Jaya Management Sdn Bhd, a subsidiary of General Corporation Berhad as the Group Finance Planning Manager and upon restructuring his family’s varied business operations in 1981, he was made the Director for the holding company, Jaya Holdings Sdn Bhd. In 1999, he was appointed as Director of Konsortium Jaringan Selangor Sdn Bhd. Subsequently, he was appointed as Independent Director of Kumpulan Perangsang Selangor Berhad from 2001 to 2008. He was also a committee member of the Automobile Association of Malaysia and the British Graduates Association of Malaysia. On 1 January 2022, Dato’ Ikhwan Salim was appointed as Member of SME Corp. Malaysia. Dato’ Ikhwan Salim is currently holding directorships in Glomac Berhad and Land & General Berhad and also sits on the Board of several private companies in Malaysia.

DATO’ SRI TAI HEAN LENG @ TEK HEAN LENG

Malaysian, Male, Aged 59

Dato’ Sri Tai Hean Leng was appointed as an Executive Director of Masteel on 25 April 1994. He is also the Managing Director/ Chief Executive Officer of Masteel. He obtained a Bachelor of Science degree in Mechanical Engineering from the University of Southern California in 1987 and a Master’s degree in Finance from the University of Hull, United Kingdom in 1993. He began his practical training in 1987 as a Plant Manager in the manufacturing of Liquefied Petroleum Gas (“LPG”) pressure vessels for the oil and gas industries. He has been involved in the formulation and implementation of Masteel’s corporate strategies including corporate planning, business expansion and operations. He has more than 35 years of business experience in the iron and steel industry. Dato’ Sri Tai also sits on the Board of MS Express Sdn Bhd which is the wholly-owned subsidiary of Masteel. He also sits on the Board of Bio Molecular Industries Sdn Bhd, an associate company of Masteel and several private companies in Malaysia. Dato’ Sri Tai is a member of the board of the Malaysia Steel Institute (“MSI”) and he is the Vice President of the Malaysia Steel Association (“MSA”). Dato’ Sri Tai was appointed as Vice Chairman of Sustainable Development & Climate Change Committee (“SDCC”) of the Federation of Malaysian Manufacturers (“FMM”) on 2 March 2023. He does not hold any directorship in any other public company.

LAU YOKE LEONG

Malaysian, Male, Aged 54

Lau Yoke Leong was appointed as an Executive Director of Masteel on 16 April 2007. He joined Masteel as an Accountant in July 2000, was promoted as Chief Accountant in June 2004, and was appointed as Chief Financial Officer in April 2016. He is a Fellow Chartered Certified Accountant and a member of the Malaysian Institute of Accountants (“MIA”). He has more than 21 years of experience in various fields of accounting, audit, taxation and management matters as well as an in-house training instructor on updating accounting standards and audit software programs, corporate restructuring, corporate exercise and due diligence assignments. He started his accounting profession in 1994 as an auditor with Messrs Ong & Wong. He completed the professional qualification from The Association of Chartered Certified Accountants in late 1995. Upon graduation in 1995, he joined another public accounting firm, Messrs T.H.Liew & Gan before moving on to Messrs Deloitte Touche Tohmatsu as an auditor from 1996 to 1999. From 1999 to 2000, he was with Bell Management Services Sdn Bhd before joining Masteel. Mr. Lau also sits on the Board of MS Fabricon Sdn Bhd which is the wholly-owned subsidiary of Masteel. He also sits on the Board of Bio Molecular Industries Sdn Bhd, an associate company of Masteel and several private companies in Malaysia. He does not hold any directorship in any other public company.

ONG TENG CHUN, RICHARD

Malaysian, Male, Aged 54

Ong Teng Chun was appointed as an Executive Director of Masteel on 30 September 2015. He joined Masteel as an Assistant Finance Manager in September 1998 and was subsequently promoted to the position of Senior Vice President in July 2010. His principal duties include managing the Financial, Treasury and Risk Management of Masteel. He was also en-tasked to spearhead the marketing division of steel bars. He obtained his Bachelor of Business degree majoring in Banking and Finance, in 1991, from Curtin University, Western Australia. Prior to joining Masteel, Mr. Ong worked in Malaysian International Merchant Bankers Bhd (“MIMB”), where he was actively engaged in various syndicated fundraising exercises and structuring of project loan facilities. He also sits on the Board of several private companies in Malaysia. He does not hold any directorship in any other public company.

Roy Thean Chong Yew - Picture

ROY THEAN CHONG YEW

Malaysian, Male, Aged 51

Roy Thean Chong Yew was appointed as an Independent Non-Executive Director of Masteel on 2 July 2015. He is a member of the Malaysian Institute of Certified Public Accountants (“MICPA”), Malaysian Institute of Accountants (“MIA”) and a Chartered Member of Institute of Internal Auditors of Malaysia (“CMIIA”). He started embarking on his career path in 1994 with PKF Malaysia. After accumulating extensive working experience in his field, he left PKF Malaysia as an Audit Manager in 2003 to join a professional services firm, Russell Bedford Malaysia Business Advisory Sdn. Bhd. (“RBMBA”) for another six (6) years, rising to the position of an Executive Director. In 2009, he left RBMBA to start his own business venture. With over 26 years of working experience in local and international professional services firms, Mr Roy Thean has been involved in rendering a wide and diverse range of professional services to public listed companies and multinational and large national enterprises. His work encompasses a wide range of professional services with his core practice being in corporate finance and advisory work for transaction support services including business valuations, financial due diligence, preparation of business plans and financial modeling, internal control and business risk review, corporate governance, risk management, merger/ acquisition-related services, internal and external auditing. Presently, Mr Roy Thean is holding directorships in JAG Berhad and Teladan Setia Group Berhad, both listed on the ACE Market.

WAN MOHD FIRDAUS BIN WAN MOHD FUAAD

Malaysian, Male, Aged 40

Wan Mohd Firdaus Bin Wan Mohd Fuaad (“Encik Firdaus”) was appointed as an Independent Non-Executive Director on 1 Jun 2023. Encik Firdaus has 15 years of working experience I government, corporate and investment banking, technology and digital investments, private and public capital markets and asset management/ wealth/ pensions platforms. Encik Firdaus had previously served as a Special Officer to the Chief Minister of Johor and involved in several milestone projects such as the Johor Corporation Transformation. Thereafter, he also acted as a Non-Independent Non-Executive Director of Kulim (Malaysia) Berhad and Damansara Realty Berhad. Subsequently, he joined J.P. Morgan Chase Bank Berhad and held the role of Vice President, Global Corporate Banking and Vice President, Global Investment Banking divisions before becoming an advisor to Catcha Group. Currently, Encik Firdaus is an Independent Non-Executive Director of Catcha Digital Berhad and also a Country Head for FNZ in Malaysia. Furthermore, he also serves as an advisor to ASEAN Advisory Pte. Ltd.

ZUERAINI AHMAD BASRI

Malaysian, Female, Aged 49

Zueraini Binti Ahmad Basri was appointed as an Independent Non-Executive Director on 1 July 2022. Pn. Zueraini obtained her Bachelor of Business Administration, Finance & Organisational Behavior from the University of Missouri-St.Louis and Master in Finance from the Royal Melbourne Institute of Technology University. Currently, she is pursuing the Climate and Sustainability certification and intends to contribute further in sustainability goals. She has over 23 years of risk management experience in financial institutions covering financial and non-financial risk management in both local and foreign banks. She has applied her extensive experience to set-up integrated risk management as the pioneering Chief Risk Officer for BMW Financial Services Malaysia. She currently oversees retail and commercial credit risk, operational risk, enterprise risk, market risk and business continuity management for BMW Financial Services. In her banking days, she covered credit evaluation across commercial, corporate and investment segments, within conventional and Islamic banking. Her main risk focus area was in credit and financial evaluation, loan structuring and corporate governance. Given the breadth of her exposure, she supports business strategies through forward looking risk management practices and encourages enterprisewide risk management approach for organizations. She does not hold any directorship in any other public company.

NG SIEW PENG

Malaysian, Female, Aged 44

Ng Siew Peng was appointed as an Executive Director on 23 November 2017. She obtained a Master of Business Administration with specialisation in Finance from the University of Southern Queensland, Australia. She joined Masteel in October 2012 as an Assistant Finance Manager and was subsequently promoted to the position of Corporate Manager in April 2016. Her principal duties are to ensure the integrity of the governance framework, compliance with statutory and regulatory requirements and implements decision made by the Board of Directors. She was also tasked to work with the Sustainability team of Masteel to manage the Company’s Environmental, Social and Governance (“ESG”) strategies and initiatives. She has more than 19 years of working experience in Corporate Finance and Corporate Governance. Prior to joining Masteel, she worked in Frontken Corporation Berhad, where she worked closely with the Senior Vice President to achieve the Company’s objectives and participate actively in corporate finance related assignments. From 2004 to 2010, she was with Soon Seng Palm Oil Mill Sdn Bhd to assist the Group Director in the implementation and coordination of new overseas investment plan. She also sits on the Board of a private company. She does not hold any directorship in any other public company.