Welcome to Malton Berhad - Investor Relations by INSAGE

Tan Sri Lim Siew Choon, age 63, received his tertiary education in the United States of America and graduated with a Degree in Business Administration and Finance from University of Central Oklahoma. He has more than 40 years of management experience in property development, construction, retail design, retail development as well as corporate management.

He was appointed the Executive Chairman of Malton Berhad on 15 February 2001. He was redesignated Non-Executive Chairman of Malton Berhad on 3 January 2017. He attended five of the six board meetings held during the financial year ended 30 June 2023. He is the Chairman and Non-Independent Executive Director of Pavilion REIT Management Sdn Bhd, the Manager of Pavilion Real Estate Investment Trust and Executive Chairman of WCT Holdings Berhad. Both Pavilion Real Estate Investment Trust and WCT Holdings Berhad are listed on the Main Market of Bursa Malaysia Securities Berhad. His spouse, Puan Sri Tan Kewi Yong is an Executive Director and a major shareholder of Malton Berhad. He does not have any conflict of interest with Malton Berhad other than the disclosures made under Related Party Transactions and Balances in the Financial Statements on pages 181 to 183 of this Annual Report.

He is a major shareholder of Malton Berhad. His interests in the shares of Malton Berhad are set out in the Statement of Shareholders pages 211 to 213 of this Annual Report. He has not been convicted for any offences within the past 5 years other than traffic offences, if any. He has not been imposed with any public sanction or penalty by relevant regulatory bodies during the financial year.

Guido Paul Philip Joseph Ravelli

Deputy Chairman/ Non-Independent Non-Executive Director

Mr Paul Ravelli, age 72, studied civil engineering at King’s College, University of London and graduated with a Bachelor of Science (Hons) degree in Civil Engineering. He furthered his studies at Ecole Centrale des Arts et Manufacturers, Paris and was later conferred Master of Science in Engineering. He began his career with a major building contractor in Paris and later elected to pursue an international career in the field of construction. He spent 30 years with one of the largest international construction groups, and has more than 40 years of experience in the development, implementation and management of buildings, public works and Build/ Operation/ Transfer projects in France, Hong Kong SAR, Malaysia, Portugal and South-East Asia. In year 2000, the President of France conferred a national honour on him by making him, a Chevalier de l’Ordre National du Merite, in recognition of his contribution to the profession and to Franco-Asian business relations. Since 2003, he has also been involved in the associated gas and power sector, in various countries.

He was appointed an Independent Non-Executive Director of Malton Berhad on 1 March 2002. He was subsequently appointed the Deputy Chairman of Malton Berhad on 6 November 2002. He was redesignated Non-Independent Non-Executive Director on 31 May 2023. He is a member of the Audit Committee and chairs the Nominating Committee and Remuneration Committee. He is a member of the Institute of Internal Auditors Malaysia. He also sits on the Board of Directors of Ibraco Berhad, listed on the Main Market of Bursa Malaysia Securities Berhad.

He attended all six board meetings held during the financial year ended 30 June 2023. He has no family relationship with any of the Directors and/ or major shareholders of Malton Berhad. He does not have any conflict of interest with Malton Berhad. He does not hold any securities in Malton Berhad. He has not been convicted for any offences within the past 5 years other than traffic offences, if any. He has not been imposed with any public sanction or penalty by relevant regulatory bodies during the financial year.

Datuk Hong Lay Chuan

Executive Director

Datuk Hong Lay Chuan, age 65, holds a Bachelor of Science degree in Housing, Building & Planning. His 39 years of working experience covers several business sectors including Banking & Finance, Trading, Retail & Property Management, Property Development and Construction.

He had 15 years of experience in the retail banking industry before joining the group as General Manager in charge of banking and project financing. He was seconded to a Trading, Retail & Property Development company as an Executive Director for several years before rejoining Malton Group in 2003 as an Executive Director of Bukit Rimau Development Sdn Bhd, a wholly-owned subsidiary of Malton Berhad.

He was appointed an Executive Director of Malton Berhad on 19 February 2009. He attended all six board meetings held during the financial year ended 30 June 2023. He has no family relationship with any of the Directors and/ or major shareholders of Malton Berhad. He does not have any conflict of interest with Malton Berhad. He does not hold any shares in Malton Berhad. He has not been convicted for any offences within the past 5 years other than traffic offences, if any. He has not been imposed with any public sanction or penalty by relevant regulatory bodies during the financial year.

Arunasalam A/L Muthusamy

Independent Non-Executive Director

Mr Arunasalam A/ L Muthusamy, age 66, is a Fellow Member of the Association of Chartered Certified Accountants, a Chartered Accountant of the Malaysian Institute of Accountants and a member of Chartered Tax Institute of Malaysia and Financial Planning Association of Malaysia.

Mr Arunasalam has more than 37 years of financial experience including accountancy, internal and external auditing, taxation and banking. He joined Deloitte Kassim Chan Kuala Lumpur in 1986 as trainee accountant. In 1992, he left the accounting firm to join AMMB Holdings Berhad as head of Group Finance, where he served for 21 years before leaving the bank in 2013. In mid-2014, Mr Arunasalam joined an accounting firm, Ahamad Naina Mydin & Associates, as Principal, where he was responsible for overseeing the audit, accounting, tax and secretarial services.

On 31 May 2023, he was appointed an Independent Non-Executive Director, Chairman of the Audit Committee and a member of the Nominating Committee and Remuneration of Malton Berhad.

He has not attended any of the Board Meetings held during the financial year ended 30 June 2023 which were all held before his appointment on 31 May 2023. He does not have any family relationship with any Director and/ or Major Shareholder of Malton Berhad and has no conflict of interest with Malton Berhad. He does not hold any shares in Malton Berhad. He has not been convicted for any offences within the past 5 years, other than traffic offences, if any. He has not been imposed with any public sanction or penalty by relevant regulatory bodies during the financial year.

Puan Sri Tan Kewi Yong

Executive Director

Puan Sri Tan Kewi Yong, age 67, pursued her tertiary education in the United Kingdom majoring in Business and Marketing Studies. She was instrumental in setting up various successful business ventures since her initial involvement in trading and distribution businesses. Having acquired knowledge in diverse range of business and industry sectors, she possesses experience and expertise ranging from retail, marketing, finance and strategic management. She continues to extend her scope of experience, having been involved actively in the property development and real estate investment sectors.

She was appointed an Executive Director of Malton Berhad on 19 February 2002. She attended five of the six board meetings held during the financial year ended 30 June 2023. She is a Non-Independent Executive Director of Pavilion REIT Management Sdn Bhd, the Manager of Pavilion Real Estate Investment Trust, also listed on the Main Market of Bursa Malaysia Securities Berhad.

Her spouse, Tan Sri Lim Siew Choon is the Non- Independent Non-Executive Chairman and a major shareholder of Malton Berhad. She does not have any conflict of interest with Malton Berhad other than the disclosures made under Related Party Transactions and Balances in the Financial Statements on pages 181 to 183 of this Annual Report. She does not hold any shares in Malton Berhad other than the disclosures made in the Statement of Shareholders on pages 211 to 213 of this Annual Report. She has not been convicted for any offences within the past 5 years other than traffic offences, if any. She has not been imposed with any public sanction or penalty by relevant regulatory bodies during the financial year.

Chua Thian Teck

Executive Director

Mr Chua Thian Teck, age 64, is a Fellow Member of the Association of Chartered Certified Accountants. He has more than 32 years of experience in accounting and financial services and in the course of his career, has acquired valuable knowledge particularly in corporate planning and finance.

He was appointed an Executive Director of Malton Berhad on 25 September 2002. He is a member of the Remuneration Committee.

He attended all six board meetings held during the financial year ended 30 June 2023. He has no family relationship with any of the Directors and/ or major shareholders of Malton Berhad. He does not have any conflict of interest with Malton Berhad. He does not hold any shares in Malton Berhad. He has not been convicted for any offences within the past 5 years other than traffic offences, if any. He has not been imposed with any public sanction or penalty by relevant regulatory bodies during the financial year.

Dato’ Siew Mun Wai

Independent Non-Executive Director

Dato’ Edward Siew Mun Wai, age 66, was appointed to the Board on 1 August 2018 as an Independent Non-Executive Director and a member of the Audit Committee. On 31 May 2023, he was appointed a member of the Nominating Committee.

He is a Fellow Member of the Institute of Chartered Accountants in England & Wales (ICAEW), Business Finance Professional (ICAEW), a Chartered Accountant of the Malaysian Institute of Accountants and was awarded ICAEW’s Certificate in Sustainability.

After completing his ICAEW with over 8 years public practice in London, he returned to Malaysia and worked briefly for a local bank until recruited to join HSBC in its Hong Kong headquarters. This was followed by over 26 years of international expatriation in C-suite roles at the L’Oreal Group and the Ciba-Geigy (now Novartis) Group, managing their subsidiaries in Melbourne, Seoul, Paris, Bangkok, Singapore, Jakarta, Taipei and Hong Kong. He was on the Boards of these subsidiaries representing the public listed parent company’s interests.

Following his repatriation to Malaysia on the Talent Corp program, he was the Acting Global CEO/ Global CFO of Crabtree & Evelyn London until its divestment. From 2011-2014, he was an Independent Director and Audit Committee Chairman of an ASX-listed junior mining company. He was Vice-Chairman of the Taipei English School and Board member of the Taipei European Schools, Associate Faculty Member of the Othman Yeop Abdullah Graduate School of Business at Universiti Utara Malaysia, current member of the Sunway University Business School Industry Advisory Board and a pro-bono guest speaker at various local Universities and the Malaysian Institute of Corporate Governance.

Presently, he also sits on the board of directors of Karex Berhad and Prestar Resources Berhad as an Independent Non-Executive Director. He is the Chairman of Karex Berhad’s Audit Committee and Remuneration Committee and a member of the Nomination Committee, Risk Management Committee and Employee Share Option Scheme (ESOS) Committee, a sub-committee under the Remuneration Committee, Chairman of Prestar Resources Berhad’s Audit Committee and a member of its Nomination and Remuneration Committees. In addition, he is an Executive Director of a private company operating a premium grocery brand.

He has attended all the Board Meetings held during the financial year ended 30 June 2023. He does not have any family relationship with any Director and/ or Major Shareholder of Malton Berhad and has no conflict of interest with Malton Berhad. He does not hold any shares in Malton Berhad. He has not been convicted of any offences within the past 5 years other than traffic offences, if any. There were no sanctions and/ or penalties imposed on him by any relevant regulatory bodies, which were material and made public during the financial year ended 30 June 2023.

Baharum Bin Harun

Independent Non-Executive Director

Encik Baharum Bin Harun, age 63, holds a Malaysia Certificate of Education. He worked for the Malaysian Government for 21 years. In 1979, he joined the office of former Prime Minister of Malaysia, Tunku Abdul Rahman Putra Al-Haj, where he worked until 1984. Thereafter, he served at the Prime Minister’s Department as an Administrative Officer until year 2000. From 2000 to 2019, he was the Personal Assistant to Tan Sri Datuk Ab Aziz Bin Ismail, assisting in corporate affairs. He has been been involved in various advisory projects since year 2000.

He was appointed an Independent Non-Executive Director of Malton Berhad on 3 July 2023. In view of his appointment after the financial year ended 30 June 2023, he was not involved in any of the board meetings held during the financial year. He does not have any family relationship with any Director and/ or Major Shareholder of Malton Berhad and has no conflict of interest with Malton Berhad. He does not hold any shares in Malton Berhad. He has not been convicted for any offences within the past 5 years, other than traffic offences, if any. He has not been imposed with any public sanction or penalty by relevant regulatory bodies during the financial year.