Penang Chief Minister Chow Kon Yeow stated that the resignation of Dato’ Seri Lee Kah Choon as Special Investment Adviser to the Chief Minister was to avoid a conflict of interest after he was appointed as a Board Member in companies listed on the Stock Exchange, namely Federal Oats Mill Sdn. Bhd., Aemulus Holdings Bhd., L&P Global Bhd. and Nation Gate Holdings Bhd and not related to the Umech-PDC saga
Commenting further, Chow said Kah Choon had actually intended to leave the post since 2023, but was asked to postpone until after the 15th Penang State Election. “As soon as the PRN was over Kah Choon re-applied for the resignation and I said I will only accept his resignation at the end of September 2023,” he said.
This was in response to a question raised by the opposition assemblyman, Kon Yeow also denied the change in PDC’s collaboration with UMECH Construction Sdn. Bhd. to UMECH Land Sdn. Bhd. was not informed in any meetings. He said the exchange of negotiations was presented and informed by UMECH in the Special Committee Meeting dated 28 November 2022, then presented by the PDC in the PDC Board Meeting No. 1/2023 dated February 9, 2023.
He was responding to Lim Guan Eng who said the issue was not mentioned in any meetings.
