Comintel Corporation Appoints Its Major Shareholder Datuk Tan Kak Seng As New MD

Comintel Corporation has announced the appointment of Datuk Tan Kak Seng a major shareholder in the group as its new Managing Director with immediate effect.

Datuk Tan began his career in 1997 by joining H S Liao Consulting Engineer Sdn Bhd as a Civil and Structural Design Engineer where his responsibilities include structural designing, project supervising, and coordinating. Subsequently, he joined Binastra Construction (M) Sdn Bhd (“Binastra Constuction”) in 2000, which is principally involved in building construction where it undertakes various construction projects including, inter-alia, construction works for residential, commercial, and mixed developments.

Currently, he is the director and major shareholder of Binastra Construction, where he oversees the implementation and completion of the construction projects undertaken by Binastra Construction. His responsibilities include, amongst others, contract bidding and negotiations, progress monitoring, project costing monitoring, and overseeing and managing all major aspects of construction projects.

Datuk Tan Kak Seng is a major shareholder of Comintel Corporation Bhd by virtue of his direct interest in JT Conglomerate Sdn. Bhd. pursuant to Section 8 of the Companies Act 2016, which is a major shareholder of Comintel.

Indirect interest:- – 216,057,870 ordinary shares – 70,000,000 redeemable convertible preference shares Deemed interested by virtue of his interest in JT Conglomerate Sdn. Bhd. pursuant to Section 8 of the Companies Act 2016.

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