PETALING JAYA: Tan Sri Quek Leng Chan, 74, has resigned from the board of GuocoLand (M) Bhd.
Choong Yee How, 61, will take over from Quek as GuocoLand’s next chairman.
Choong was previously its non-executive director.
The change is due to internal rationalisation and streamlining of the board, the group said in a filing with Bursa Malaysia.
Another independent and non-executive director, Tan Sri Nik Mohamed Nik Yaacob, 68, will resign from the board after having served for about 12 years. He will also resign as the company’s audit committee chairman.
In place of him, Peter Ho Kok Wai will be redesignated as its audit committee chairman, while Chua Put Moy (Patricia) has been appointed as the company’s audit committee member.
Meanwhile, Datuk Poh Yang Hong, 45, a non-independent and non-executive director, has also resigned due to other work commitments, the company said.