DESPITE having retired from the board of Asia Pacific Land Bhd in 2002, Tan Sri Low Yow Chuan, as the group adviser of AP Land, still keeps a close tab on the happenings and corporate developments in the group.
His legacy of building up AP Land into one of the sizeable property groups with interests in property development and investment, hospitality and leisure, has been passed to his four children, who are now helming the organisation.
His eldest son Low Gee Tat is the executive chairman, while second son Gee Teong, 42, and daughter Su Ming, 40, have been appointed joint managing directors with effect from April 1. Youngest son Gee Soon is an executive director.
His nephew Datuk Jeffrey Ng was AP Land managing director for 23 years before his recent retirement on March 31.
As group adviser, Low advises on all matters relating to the group’s property development, property investment and management and hotel businesses.
Now that the torch of managing director has been passed to the two Low juniors, the spotlight is on them to deliver and introduce changes to the group to surge forward, and face the growing competition from other property groups.
The City Squarre comprising City-Square Shopping Complex, Crown Princess Hotel and Empire Tower in Kuala Lumpur is the group's main property investment.
In an interview with StarBiz, Gee Teong said: “The ability to complement each other’s skills and work well together will ensure that we optimise our synergistic advantages for the good of AP Land.
“We have seen and worked in every facet of the property business – landed residences, apartments, condominiums, commercial and retail complexes – and have started greenfield projects and seen them to completion, both in Malaysia and overseas.”
With the areas of responsibilities clearly defined, he said they could each focus on what they would do best, “thus allowing immense opportunity to build on each other's strengths.”
Gee Teong, with masters in economics, who graduated from the University of Keele, Britain, will be looking at the broad picture of the group in terms of growth direction, business developments and networking.
“My role will be more on the frontline – business development and strategic planning for the group as well as marketing – while Su Ming will focus more on planning and execution,” he said.
As joint managing directors, they will both be responsible for managing the day-to-day affairs and all business operations of the group, making operational decisions and implementing strategic directions and policies.
They will also be involved in the group’s general management of finance and administration policies.
An executive director of AP Land since 1991, Gee Teong is primarily responsible for the executive management and operations of the group's property development arm, which include Bandar Tasik Puteri and its golf and country club. Other areas included are marketing, sales and business development, new investments and business functions.
He is also an executive director and/or substantial shareholder of several private limited companies in Low Yat Group, which are principally involved in property development, property investment and management and hotel business.
A graduate in architecture design and planning, Su Ming, who is the more creative one, said: “In the real estate business, there are ample opportunities to be creative and we are raring to inject more innovative ideas and plans into our project portfolio.”
Having been involved in various AP Land subsidiaries as a director since 1991, the graduate from the University of New South Wales, Australia, has guided key projects in hotel development and various residential lifestyle projects.
She will be directly responsible for the executive management and business operations of the group's property investment division, project planning and construction management, and property/building management services portfolios that serve the property investment, property development and hotel divisions.
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