Chan Choong Kong

Mr. Chan Choong Kong was appointed to the Board on 23 April 2015 as an Executive Director. On 9 September 2015, he was appointed as Joint Managing Director and was subsequently redesignated as Managing Director on 29 February 2016. He is a member of the Nomination and Remuneration Committee of the Company. Effective 11 August 2016, he was appointed as a member of the Employees’ Share Options Scheme Committee. Mr. Chan obtained his BA in Economics from Trinity College, Cambridge University, England in 1984. He started his career in First National Bank of Boston, Hong Kong from 1984 to 1985 in the Shipping and International Banking division.

Subsequently, he joined Wardley Investment Services (Hong Kong) Ltd. (presently known as HSBC Asset Management) in 1985, and his last position in HSBC Asset Management when he left in 1992 was Director and Chief Regional Strategist (Asia ex Japan markets). In 1993, he established the Asian business of TCW Asia Limited, a US based asset management company where he was responsible for introducing Asian and Emerging markets capability to US pension funds. In 1996, he left Hong Kong and returned to Malaysia to establish Gadek Asset Management where he built the company into a full fledge asset management company with multi asset class capabilities. Gadek Asset Management was later sold to Phileo Allied Bank and continued to manage the business as Managing Director until 1999. In 1999, he co-founded Pan Asia Capital Management Ltd, a pan Asia private equity firm that has offices in Kuala Lumpur, Hong Kong, Seoul and Bangkok. He was the Co-Principal and Director of the firm until 2006. At the same time in 2002, he co-founded Sakura Management Limited (based in Hong Kong), a private equity business that focused on Japanese real estate. He has since exited these businesses to concentrate on his Malaysian based activities. He founded Opus Asset Management Sdn. Bhd. in 2006. Presently, Mr. Chan is the non-executive chairman and principal shareholder of an asset management company in Malaysia that specialises in the management of fixed income assets; he is also an adviser to a Malaysian based private equity management company. Aside from these, he is also a director of several other private companies but not of any public listed companies either in Malaysia nor elsewhere. He has no conflict of interest with the Company and neither has he been convicted of any offence within the past 5 years (other than traffic offences, if any), nor any public section or penalty imposed by regularoty bodies during the financial year.