Shangri-La Hotels Malaysia managing director to resign


KUALA LUMPUR: Shangri-La Hotels Malaysia Bhd managing director Chan Kong Leong will be resigning effective March 31, 2024.

In a filing with Bursa Malaysia today, the hotel operator said Chan has also informed the board that he will be resigning from the board the same day.

"The board would like to record its thanks and appreciation to Chan for his valued contribution to the group and wishes him all the very best for the future,” it said.

The company is in the process of putting in place an effective and orderly leadership succession plan, the filing said.

Chan joined the Shangri-La Hotels board on May 18, 2022 as a non-independent non executive director and was redesignated as managing director on June 30, 2022. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read