Berjaya Assets appoints Vincent Tan’s son-in-law as new CEO


KUALA LUMPUR: 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 (CEO), effective immediately.

In a filing with Bursa Malaysia, it said Tee Ming, who holds an indirect interest of 1.09 million ordinary shares in Berjaya Assets, is also a brother-in-law of the company’s executive director, Chryseis Tan Sheik Ling.

Tee Ming was also appointed an executive director alongside his new role as CEO, according to Berjaya Assets’ filing with Bursa Malaysia on Wednesday.

The appointment follows the resignation of Datuk Hisham Othman, who stepped down as CEO on July 1, 2025, due to his retirement from the group.

Berjaya Assets said Tee Ming holds a Bachelor of Science degree in Business Management from King’s College London and has held various positions in several private banks in Malaysia and Singapore.

He has over 16 years of experience in managing the wealth of high-net-worth individuals.

It said Tee Ming was appointed senior general manager of Berjaya Land Bhd’s property sales and marketing division on March 18, 2017, and was subsequently appointed executive director of Berjaya Land on April 1, 2022.

He resigned as executive director of Berjaya Land on Dec 31, 2025.

At 5pm on Wednesday, Berjaya Assets closed unchanged at 30 sen, with 161,500 shares traded and a market capitalisation of RM767.48mil.

Meanwhile, in a separate Bursa Malaysia filing, Berjaya Corp Bhd said its executive director, Norlela Baharudin, 62, resigned to pursue her personal interests. — Agencies

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

Next In Business News

DXN earmarks RM500mil capex for FY27 expansion
Ringgit higher against major currencies ahead of Fed meeting
PGF Capital's 1QFY27 net profit rises 18.3% to RM8.9mil
Destini's RAILTEC bags RM45.58mil RAC contract
Bursa Malaysia's key index ends higher on bargain-hunting
TNB, Air Selangor team up to enhance country's energy and water infrastructure
Oriental Interest expands income stream with RM280mil acquisitions
SNS Network scores record RM1.22bil contract for the supply of servers
CapitaLand Malaysia records higher net profit of RM44mil in 2Q
Wall St futures rise as US, Iran pause hostilities

Others Also Read