BERJAYA Assets Bhd has appointed Tan Tee Ming, 49, the son-in-law of its major shareholder Tan Sri Vincent Tan Chee Yioun, as its new Chief Executive Officer, effective 1 January 2026, in a move reflecting both family ties and extensive corporate experience.
The company, in a statement to Bursa Malaysia, noted that Tee Ming holds an indirect stake of 1.09 million ordinary shares in Berjaya Assets and is also the brother-in-law of the company’s Executive Director, Chryseis Tan Sheik Ling.
Tee Ming graduated with a Bachelor of Science in Business Management from King’s College London and brings over 16 years of experience in high-net-worth individual wealth management, having held senior positions at various private banks in Malaysia and Singapore.
He joined Berjaya Land Bhd as Senior General Manager of its property sales and marketing division on 18 March 2017 and was later appointed Executive Director of Berjaya Land on 1 April 2022.
Berjaya Assets shares closed unchanged at 30 sen yesterday, with 161,500 shares traded, giving the company a market capitalisation of RM767.48 million.
In a separate announcement to Bursa Malaysia, Berjaya Corporation Bhd disclosed that its Executive Director, Norlela Baharudin, 62, had resigned today to pursue personal interests.
The dual announcements highlight ongoing executive restructuring within the Berjaya Group, combining strategic leadership appointments with family-linked corporate governance considerations. - January 1, 2026
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