CEO Change At Sunway REIT As Dato Jeffrey Ng Retires

Sunway REIT has announced the retirement of Dato Ng Tiong Lip effective 30 June after reaching the age of 66. Prior to joining Sunway Group, Dato’ Ng was the former Managing Director of AP Land Berhad. He was also the former Executive Director of Sunway City Berhad (now known as Sunway City Sdn Bhd), a company formerly listed on Bursa Malaysia.

He has held various positions in the past, such as the President of Real Estate and Housing Developers Association Malaysia, Past Chairman of REHDA Wilayah Persekutuan (KL) Branch, In 2018, he was awarded The Asset Best CEO Property.

Taking over the helm will be Chen Kok Peng (“Mr Clement Chen”) who joined Sunway Group as a Finance Trainee in 2004 and attained his Institute of Chartered Accountants in England and Wales qualification in 2007. He has since taken on various other roles within Sunway Group including as the Financial Controller of Sunway Hatay Co Ltd, Vietnam in 2008 and as Assistant General Manager- Corporate Finance and Investor Relations of Sunway Berhad from 2009-2015.

During his tenure with Corporate Finance, Clement Chen oversaw the listing of Sunway Berhad, Sunway REIT and Sunway Construction Group Bhd. His efforts in Investor Relations also saw him being awarded the Best Investor Relations Professional by the Malaysian Investor Relations Association in 2015. Mr Clement Chen joined Sunway Integrated Properties Sdn Bhd at the end of 2015 and was promoted to General Manager of Business Development where he gained exposure evaluating real estate opportunities in Malaysia, Singapore, UK and Australia.

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