KUALA LUMPUR: Mr D.I.Y. Group (M) Bhd announced that its founder and executive vice chairman, Tan Yu Yeh, has resigned, effective April 17, 2025.
The home improvement retailer, in a filing with Bursa Malaysia, said Tan, 53, will transition to the role of advisor to the group.
Tan owns a 50.04% indirect stake in MR D.I.Y. through his investment vehicle, Bee Family Ltd, and holds a 0.32% direct stake in the company.
Ranked No. 17 on Malaysia's Forbes Rich List this year, he boasts a net worth of US$1.3bil.
In a separate announcement, Mr DIY announced the appointment of Tan Shie Haur, 42, as its non-independent and non-executive director, effective April 17.
