KUALA LUMPUR: Axteria Group Bhd
has announced a series of board and senior management changes, all effective today, as part of the company’s leadership realignment to support stronger execution, governance continuity and future business growth.
In a statement today, the property developer said that Ku Chong Hong has been appointed as chief executive officer, Oh Bang Han as chief operating officer, and Lai Jian Hong as chief financial officer (CFO), succeeding Sea Hong Peng, who will step down as CFO due to personal commitments.
"Lai previously served as CFO of DS Sigma Holdings Bhd and Mestron Holdings Bhd, where he was involved in leading both companies through their respective initial public offering (IPO) listings on the ACE Market of Bursa Malaysia. Before he was appointed CFO, he joined Axteria as financial controller on May 1, 2026,” it said.
In line with the board realignment, Woo Wai Onn @ Foo Wai Onn has resigned as group managing director, while Kenny Woo Chi Yoong has resigned as executive director due to personal commitments.
The company stated there were no disagreements with the board and no issues that needed to be addressed for shareholders regarding the resignations.
Meanwhile, Ku, who is also Axteria’s executive director, said the latest leadership realignment marks an important step for the company as it strengthens management focus and execution discipline for the company’s next phase.
Moving forward, Axteria said that it remains committed to enhancing its property development and management platform, with continued focus on project execution, capital discipline and selective opportunities that can support sustainable growth. - Bernama
