To be the preferred global
agro-based enterprise.
We create nourishing products from agro resources, leading to benefit for all parties.
To be the preferred global agro-based enterprise.
Progressive
Trustworthy
Initiative
Humility
Integrity
Win-Win
Teamwork
Innovative
QL Resources Berhad was born of humble beginnings. Its origin can be traced back to a modest animal feedstuff trading business run by Dr. Chia Song Kun and his siblings in the 1970s. In those early days, they harvested calcium-rich mollusk shells from a barely accessible, swampy shoreline to supply to local feed millers for use in animal feed.
The business grew and diversified. New agriculture-based products were added to its distribution range. QL became a one-stop centre for animal feed raw material.
The Group’s Marine Products Manufacturing and Integrated Livestock Farming activities were developed as natural extensions to the distribution activities.
Acquisition of a fishmeal processing plant in the early 1980s elevated the Group from distributor to producer. This also served as a springboard for QL to venture into higher value-added surimi-based manufacturing activities. As the value chain for Marine Products Manufacturing lengthened, the activities at Integrated Livestock Farming began to hatch.
In 1998, QL added oil palm cultivation and Crude Palm Oil (CPO) milling services for small and medium-sized plantations.
Today, QL operates a coherent, complementary set of businesses in Marine Products Manufacturing, Integrated Livestock Farming, Palm Oil Activities, and Convenience Store Chain.
Under Dr. Chia’s stewardship, QL developed a resilient, sustainable and scalable business model capable of producing shared value.
At the core of QL’s businesses is a commitment to integrity and doing business the right way.
Milestones FY2016 to FY2024
Recognitions
In October 2015, QL was selected as the ASEAN Winner for the 6th ASEAN Business Awards 2015 under the category of Priority Integration Sector (PIS) – Fisheries. The selection process was rigorously carried out involving carefully selected judges from each country. The PIS awards was given out during the opening ceremony of ASEAN Business and Investment Summit (ABIS).
In November 2015, in The EDGE BILLION RINGGIT Club 2015 corporate awards, QL was selected as Best Performing Stock under Consumer Products Sector for highest return to shareholders over three years.
In September 2019, Dr. Chia Song Kun was recognized as Outstanding CEO & Value Creator by The Edge Billion Ringgit Club 2019.
In July 2023, Deloitte Private named QL as one of Malaysia’s Best Managed Companies for 2023. The award recognises our strategy, innovation, capabilities, and commitment to creating shared value.
QL Corporate Services Sdn. Bhd. (100%)
Dr. Chia Song KunExecutive Chairman
Dr. Chia Song Kun, aged 75, male, Malaysian, was appointed as the Group Managing Director of QL Resources Berhad (“QL” or “the Company”) on 3 January 2000 and was redesignated as the Executive Chairman on 1 April 2018.
Dr. Chia was born and raised in Sungai Burong, an impoverished fishing village on the northern coast of Selangor. He graduated with a Bachelor of Science (Honours) in Mathematics from the University of Malaya in 1973. He later obtained a Master in Business Administration from the same university in 1988. He began his career as a tutor and subsequently joined Institut Teknologi Mara (now known as Universiti Teknologi Mara) as a lecturer where he served for eleven (11) years until 1984.
Following his academic career, Dr. Chia ventured into business with his brothers and his brothers-in-law, starting with the trading of fish meal and feed meal raw material. This entrepreneurial initiative eventually evolved into QL Resources Berhad, a company he co-founded. Today, QL is a sustainable and scalable multinational agro-food corporation with diversified interests in Integrated Livestock Farming, Marine Products Manufacturing, Palm Oil and Clean Energy and Convenience Store Chain. The company has grown into one of Malaysia’s leading public listed entities with a market capitalisation of approximately RM17 billion.
Dr. Chia also serves as the Non-Independent Non-Executive Chairman of BM GreenTech Berhad (“BM GreenTech”), a company listed on the ACE Market of Bursa Malaysia Securities Berhad on 5 May 2011, and subsequently transferred to the Main Market on 4 December 2014. BM GreenTech became a subsidiary of QL Resources Berhad in March 2022.
In recognition of his outstanding contributions to business and education in Malaysia, Dr. Chia was conferred the Honorary Degree of Doctor of Laws (Hon. LLD) by the Honorary Awards Board of the University of Hertfordshire on 5 July 2008. On 28 June 2019, he was further honoured with Honorary Doctorate of Management by INTI International University, acknowledging his professionalism and exemplary leadership in transforming QL Resources Berhad from a local trading business into a prominent multinational corporation.
Dr. Chia’s leadership and contributions to the business community have been widely recognised by esteemed organisations. In 2012, Dr. Chia was awarded the Ernst & Young Entrepreneur of the Year Award (Malaysia). In October 2018, Dr. Chia received the Sin Chew Business Lifetime Excellence Achievement Award and in September 2019, he was named Outstanding CEO of Malaysia under The Edge Billion Ringgit Club – Value Creator category.
Dr. Chia is the brother of Mr. Chia Song Swa and Mr. Chia Song Kooi, and the brother-in-law of Mr. Chia Seong Pow and Mr. Chia Seong Fatt. He is also the father of Mr. Chia Lik Khai. In addition, Dr. Chia serves as a Director of CBG (L) Pte. Ltd. and is a Council Member of CBG (L) Foundation, the holding company of CBG (L) Pte. Ltd., which is a major shareholder of QL Resources Berhad.
Mr. Chia Song KooiGroup Chief Executive Officer
Mr. Chia Song Kooi, aged 65, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. He was redesignated as the Deputy Managing Director of the Company on 21 November 2016 and later as the Group Managing Director on 1 April 2018. On 1 March 2024, he was further redesignated as the Group Chief Executive Officer, concurrently assuming the role of Chief Executive Officer of the Marine Products Manufacturing business pillar. He is also a member of the Risk Management Committee.
Mr. Chia holds a Bachelor of Agricultural Science from University Putra Malaysia, obtained in 1985. In 2005, he completed the Premier Business Management Program, which was designed to equip business leaders with the skills and competencies to navigate uncertainty, overcome adversity, and lead change in the global economy.
Mr. Chia began his career as a Product and Market Development Executive for agro-chemical products at Ancom Berhad, a company listed on the Main Market of the Bursa Malaysia Securities Berhad. In 1987, he advanced to head the company’s Product and Market Development Division.
Mr. Chia joined QL Feedingstuffs Sdn. Bhd. (now known as QL AgriFoods Sdn. Bhd.) as an Executive Director on 21 September 1988. He brings with him over twenty (20) years of experience in farm management and raw materials trading for farm use, along with more than ten (10) years of experience in marine products processing. From 1990 to 2016, he was responsible for overseeing the Group’s operations in Kota Kinabalu. He also served as the Deputy Chairman of the Sabah Livestock Poultry Association from 2012 to 2016. As part of the QL Group’s restructuring, he resigned as a Director of QL AgriFoods Sdn. Bhd. and was subsequently re-appointed in 2017.
Mr. Chia is the brother of Dr. Chia Song Kun and Mr. Chia Song Swa.
Mr. Chia Seong Fatt Executive Director
Mr. Chia Seong Fatt, aged 69, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. He served as an Alternate Director to Mr. Chia Seong Pow from 1 April 2019 to 1 April 2021 and from 1 April 2023 to 1 March 2024. Between 1 April 2021 to 1 April 2023, and on 1 March 2024, he resumed his role as Executive Director of the Company.
Mr. Chia holds a B.Sc. (Honours) in Chemistry from the University of London, obtained in 1979. He began his career as an industrial chemist, a role he held for three (3) years before pursuing further studies.
In 1984, he graduated with a Master of Business Administration from the University of Malaya.
He served as Managing Director of Sri Tawau Farming Sdn. Bhd. for seven (7) years, a company involved in layer farming.
In 1991, he was appointed as Managing Director of QL Farms Sdn. Bhd., a subsidiary of QL Resources Berhad overseeing operations in Tawau. In January 1996, he was also appointed as an Executive Director of QL Feedingstuffs Sdn. Bhd. (now known as QL AgriFoods Sdn. Bhd.) where he oversaw layer farm and crude palm oil (“CPO”) milling operations. Following the restructuring of the QL Group, he resigned as a Director of QL AgriFoods Sdn. Bhd. but continues to lead the layer, broiler farms and CPO milling operations in Tawau. Since 2017, he has served as the Director in charge of all farming operations in Sabah. In line with the Group’s succession planning, Mr. Chia was appointed as the Chief Executive Officer of both the Integrated Livestock Farming and Palm Oil business pillars effective 1 April 2024.
He also serves as an Alternate Director to Chia Lik Khai in BM GreenTech, a company listed on the Main Market of Bursa Malaysia Securities Berhad.
Mr. Chia is the elder brother of Mr. Chia Seong Pow, and both are brothers-in-law of Dr. Chia Song Kun. He is also a Director and beneficial shareholder of Farsathy Holdings Sdn. Bhd., a major shareholder of QL Resources Berhad.
Mr. Cheah Juw Teck Executive Director
Mr. Cheah Juw Teck, aged 56, male, Malaysian, was appointed as an Executive Director of the Company on 1 June 2011. From 1 April 2019 to 1 April 2021, he served as an Alternate Director to Mr. Chia Lik Khai. On 1 April 2021, he resumed his role as Executive Director of the Company. Since 1 December 2022, he has been a member of the Risk Management Committee.
He holds a Degree in Food Technology from University Putra Malaysia (1993).
Prior to joining QL Group, he was involved in quality control in S & P Foods Bhd as quality control executive. In 1994, he joined QL Group as operations manager to set up the surimi and surimi-based products business and subsequently in 1997, he was appointed as Director of QL Foods Sdn. Bhd. He is also the Director in charge of the surimi and surimibased products division in QL Group as well as the expansion programs in overseas. In line with the Group’s succession planning, he was appointed as the Deputy Chief Executive Officer of Marine Products Manufacturing business pillar effective 1 April 2024.
Mr. Cheah Juw Teck is the nephew to Dr. Chia Song Kun, Mr. Chia Song Swa and Mr. Chia Song Kooi.
Mr. Chia Lik Khai Executive Director
Mr. Chia Lik Khai, aged 46, male, Malaysian, was first appointed as an Executive Director of the Company on 21 November 2016. Between 1 April 2018 to 1 April 2019 and from 1 April 2021 to 4 January 2022, he served as an Alternate Director to Mr. Cheah Juw Teck. During the periods from 1 April 2019 to 1 April 2021 and since 4 January 2022, he has held the position of Executive Director of the Company. Since 1 December 2022, Mr. Chia has also been a member of the Risk Management Committee.
He graduated from the MBA program of Wharton Business School, University of Pennsylvania, United States where he focused on Entrepreneurship and Corporate Finance. He also received his Master of Science and Bachelor of Science in Electrical Engineering from University of Michigan, Ann Arbor, United States.
He joined QL Resources Berhad as Group Corporate Development Director and was appointed as the Executive Director of a few subsidiaries of QL Resources Berhad in 2009. He oversees the Group’s strategic business planning and growth initiatives. He also oversees Convenience Store Chain (CVS) business pillar. Mr. Chia Lik Khai is the corporate representative of QL Resources Berhad in its subsidiary BM Greentech Berhad (formerly known as Boilermech Holdings Berhad), a company listed on the Main Market of Bursa Malaysia Securities Berhad and held the position as the Deputy Managing Director from 25 February 2015 to 28 February 2021. On 1 March 2021, he was redesignated as Joint Managing Director and since 1 September 2022, he is the Group Managing Director of BM Greentech Berhad.
In line with the Group succession planning, he was redesignated as the Chief Executive Officer of both CVS and Clean Energy business pillars on 1 April 2024.
Prior to joining QL Resources Berhad and Group, he was with McKinsey & Company in Shanghai, where he was an affiliate of Global Energy & Materials and High-Tech practice. Prior to that, he spent 8 years in the semiconductor industry with Agilent and Avago Technologies in Silicon Valley, where he assumed multiple roles as R&D staff, New Product Manager and Marketing Manager.
He is the son of Dr. Chia Song Kun, nephew to Mr. Chia Song Swa, Mr. Chia Song Kooi, Mr. Chia Seong Pow and Mr. Chia Seong Fatt.
He attended five out of six Board of Directors’ meetings held for the financial year.
Mr. Chia Lik Khai has no conflict of interest or potential conflict of interest, including interest in any competing business, with the Company or its subsidiaries and he has no convictions for any offences within the past five years (other than traffic offences, if any), nor any public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
Mr. Chia Seong Pow Alternate Director to Chia Seong Fatt
Mr. Chia Seong Pow, aged 69, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. He served as an Alternate Director to Mr. Chia Seong Fatt during the periods from 1 April 2018 to 1 April 2019, 1 April 2021 to 1 April 2023, and on 1 March 2024. He held the position of Executive Director from 1 April 2019 to 1 April 2021, and from 1 April 2023 to 1 March 2024.
He graduated with a Diploma in Building Technology from Tunku Abdul Rahman College in 1982.
He is one of the founding members of the QL Group. He joined CBG Holdings Sdn. Bhd. as Marketing Director in 1984. With over thirty-eight (38) years of experience in the livestock and food industry, his expertise spans across layer farming, manufacturing, trading and shipping.
Mr. Chia currently oversees layer farming operations, regional merchanting trade in food grains, and new business developments. In line with the Group’s succession planning, he was redesignated as the Chief Operating Officer of the farming division under the Integrated Livestock Farming business pillar effective 1 April 2024.
He has been instrumental in initiating the majority of the Group’s new expansion programmes.
Mr. Chia Seong Pow was appointed as a Director of EITA Resources Berhad (“EITA”) on 1 March 2017. EITA is a company listed on the Main Market of Bursa Malaysia Securities Berhad since 9 April 2012. Subsequently, on 1 November 2018, he was redesignated as an Alternate Director to Mr. Chia Mak Hooi.
Mr. Chia is the younger brother to Mr. Chia Seong Fatt and the brother-in-law of Dr. Chia Song Kun. He also serves as a Director and beneficial shareholder of Farsathy Holdings Sdn. Bhd., a major shareholder of QL Resources Berhad.
Mr. Chia Song Swa Alternate Director to Cheah Juw Teck
Mr. Chia Song Swa, aged 65, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. He served as an Alternate Director to Mr. Chia Mak Hooi from 1 April 2018 to 1 April 2019 and from 1 April 2021 to 1 April 2023. He held the position of Executive Director from 1 April 2019 to 1 April 2021 and from 1 April 2023 to 1 March 2024. Subsequently, on 1 March 2024, he was appointed as an Alternate Director to Mr. Cheah Juw Teck.
Mr. Chia holds a degree in Chemistry and Statistics from the University of Campbell, USA.
He began his career in 1984 as a Management Trainee at Genting Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad and served there for two (2) years.
In 1987, Mr. Chia joined QL Feedingstuffs Sdn. Bhd. (now known as QL AgriFoods Sdn. Bhd.) as a Sales Executive and was appointed as a Director on 22 June 1987. Following the transfer of business from QL AgriFoods Sdn. Bhd. to QL Feed Sdn. Bhd., he was appointed as the Director responsible for the sales and trading function at QL Feed Sdn. Bhd. Leveraging his extensive experience in feed raw material distribution, he has been instrumental in building a robust distribution network for the Group. In line with the Group’s succession planning, he was redesignated as the Chief Operating Officer of the Raw Materials & Trading division under the Integrated Livestock Farming business pillar, effective 1 April 2024.
Mr. Chia is the brother of Dr. Chia Song Kun and Mr. Chia Song Kooi.
Mr. Chia Mak Hooi Alternate Director to Chia Lik Khai
Mr. Chia Mak Hooi, aged 60, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. He served as an Alternate Director to Mr. Chia Song Swa from 1 April 2019 to 1 April 2021 and from 1 April 2023 to 1 March 2024. Between 1 April 2021 and 1 April 2023, he held the position of Executive Director. On 1 March 2024, he was appointed as an Alternate Director to Mr. Chia Lik Khai.
Mr. Chia graduated from Arizona State University, USA with a degree in Accounting and Finance in 1988.
He began his career in 1989 as an Assistant Accountant at Concept Enterprises Inc. In 1991, he joined QL Feedingstuffs Sdn. Bhd. (now known as QL AgriFoods Sdn. Bhd.) as Finance Manager, where he was primarily responsible for the accounting, tax and audit planning, cash management, and liaising with bankers for banking facilities. In 1996, he was appointed as Finance Director of QL AgriFoods Sdn. Bhd., where he played a key role in the proposed listing of the Company on the Second Board of Bursa Malaysia Securities Berhad.
He is currently actively involved in Group’s corporate activities, strategic business planning, and the expansion of its operations both locally and overseas. In line with the Group’s succession planning, he was appointed as the Deputy Chief Executive Officer of Integrated Livestock Farming business pillar, effective 1 April 2024.
He also serves as a Director of EITA and its Group, a company listed on the Main Market of Bursa Malaysia Securities Berhad since 9 April 2012.
Mr. Chia is the nephew of Dr. Chia Song Kun, Mr. Chia Song Swa and Mr. Chia Song Kooi.
Mr. Low Teng Lum Senior Independent Non-Executive Director
Mr. Low Teng Lum, aged 71, male, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 30 August 2019. He was subsequently appointed as the Senior Independent Non-Executive Director on 25 February 2021. He currently serves as the Chairman of the Audit Committee and Nominating Committee, and is also a member of the Risk Management Committee.
Mr. Low obtained his professional qualifications from the Association of Chartered Certified Accountants (“ACCA”) and Institute of Chartered Secretaries and Administrators (“ICSA”), United Kingdom, in 1977. He further attended the Applied Management Program at the Swedish Institute of Management in 1990, and in 1996, earned a Master in Public Administration from the John Fitzgerald Kennedy School of Government, Harvard University.
He is a Chartered Accountant of the Malaysian Institute of Accountants and a Fellow member of both ACCA and ICSA.
Mr. Low has been an active member of the Malaysian International Chamber of Commerce and Industry, serving on the Taxation Committee since 2002 and the Trade Committee since 2005. He was also a founding committee member of Confederation of Malaysian Brewers.
Over the course of his career, Mr. Low has held various accounting and financial roles at prominent organisations, including Arthur Young & Company (now known as Ernst & Young), Guthrie Malaysia Holdings Berhad, Palmco Holdings Berhad, Guinness Anchor Berhad and General Corporation Berhad. He spent fourteen (14) years with Southern Steel Berhad, where he rose through the ranks from Finance Manager to General Manager (Commercial), Senior General Manager (Rod Division) and eventually Chief Operating Officer of the Steel Business Unit. He retired from Guinness Anchor Berhad (now known as Heineken Malaysia Berhad) in April 2011 after a decade of service, during which he served as Finance Director and a member of the Board of Director.
Mr. Low was also a member of the Task Force on the formation of the Audit Oversight Board, chaired by the Securities Commission Malaysia.
He currently serves on the Board of Salutica Berhad.
Mr. Low Teng Lum does not have any family relationship with any director and/or major shareholder of the Company.
Ms. Kow Poh Gek Independent Non-Executive Director
Ms. Kow Poh Gek, aged 67, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She currently serves as a member of the Audit Committee and the Chairman of the Remuneration Committee. On 1 January 2025, she was also appointed as a member of the Risk Management Committee.
Ms. Kow holds a Diploma In Commerce (Cost & Management Accounting) from Tunku Abdul Rahman College and is a Fellow member of The Chartered Institute of Management Accountants, United Kingdom.
She began her career in April 1982 as a Financial Assistant and has accumulated over thirty-five (35) years of experience in finance and management accounting, financial reporting, taxation, treasury, budgetary control, internal control systems and risk management. Her expertise spans across various sectors including investment holding, banking, hospitality, direct selling, manufacturing and trading/services.
In January 2010, she joined EITA Holdings Sdn. Bhd. (now known as EITA) as the Finance cum Investors Relation Manager. She was subsequently designated as the Chief Financial Officer in EITA in January 2012, a position she held till 31 December 2017.
During her tenure at EITA, Ms. Kow was actively involved in several key corporate functions. These included the preparation of EITA’s prospectus for its listing on the Main Market of Bursa Malaysia Securities Berhad in April 2012, the formulation and documentation of accounting standard operating procedures, and the evaluation of financial position of target companies for merger and acquisition. She also oversaw the company’s financial reporting, led the entire accounts department and managed investor relations and risk management functions.
Ms. Kow currently serves as an Independent Non-Executive Director of GDB Holdings Berhad since 14 December 2017 and EITA since 30 August 2023.
Ms. Kow Poh Gek has no family relationship with any director and/or major shareholder of the Company.
Ms. Chan Wai Yen, Millie Independent Non-Executive Director
Ms. Chan Wai Yen, Millie, aged 69, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She currently serves as a member of the Risk Management Committee and Remuneration Committee.
Ms. Chan graduated with a Bachelor of Laws (LLB) Degree with First Class Honours from the University of Malaya in 1980 and was admitted as an Advocate and Solicitor of the High Court of Malaya in 1981.
She began her legal career at the firm of Maxwell, Kenion, Cowdy & Jones in Ipoh. In 1984, she co-founded the legal firm W Y Chan & Roy, where she continued her legal practice in Malaysia until 2007.
During the first seven (7) years of her legal career, Ms. Chan focused on civil and commercial litigation. For the subsequent two (2) decades, her practice concentrated on corporate securities, finance and commercial matters.
In 2010, Ms. Chan was admitted to the Law Society of British Columbia, Canada. She practiced in the Vancouver office of Borden Ladner Gervais (BLG), a leading national law firm in Canada, where she was a member of both the BLG Tax Group and the Corporate & Commercial Group. She also served as BLG’s Senior Consultant for the Asia Pacific Market, advising high net worth individuals and business families, in Asia on holistic global estate planning, including intergenerational wealth transfer, asset protection, and capital preservation. In addition to her legal advisory work, Ms. Chan has helped families develop strategies and governance structures to maintain family unity, promote shared values and preserve family identity and integrity. She maintains an extensive network of financial institutions and offshore service providers, including those offering trust, foundations and corporations.
In 2018, Ms. Chan ceased legal practice with BLG and transitioned to non-practicing status in British Columbia to focus full-time on consulting through Legacy 127 Consulting Inc., offering bespoke estate planning to business families and individuals across Asia.
She currently also serves as an Independent Non-Executive Director of Gamuda Berhad (“Gamuda”).
In October 2024, Ms. Chan declared to the Audit Committee a potential conflict of interest arising from her position as an Independent Non-Executive Director of Gamuda. Gamuda has shareholding in ERS Energy Sdn. Bhd. (“ERS”), a 30% associated company. There is an overlap of market segments in which ERS and Plus Xnergy Holdings Sdn. Bhd. (“PXH”), a sub-subsidiary of QL through BM GreenTech, may potentially compete in. Ms. Chan does not serve as a director of BM GreenTech nor PXH nor ERS.
Ms. Chan Wai Yen has no family relationship with any director and/or major shareholder of the Company.
Ms. Cynthia Toh Mei Lee Independent Non-Executive Director
Ms. Cynthia Toh Mei Lee, aged 51, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She is a member of the Audit Committee and Nominating Committee and was appointed as a member of the Remuneration Committee effective 1 January 2025.
Ms. Toh holds a Bachelor of Commerce (1994) and a Bachelor of Laws (1996) from Monash University.
She is an Advocate and Solicitor of the High Court of Malaya and has been a Partner at the law firm Messrs. Wong Beh & Toh since 2002, where she is also one of the founding partners.
She began her legal career by completing her pupillage at Messrs. Presgrave & Matthews in 1997 and was admitted as an Advocate and Solicitor of the High Court of Malaya in the same year. She remained with the firm as a Legal Assistant until 2002 before establishing her current practice.
Ms. Toh specialises in equity corporate finance, mergers and acquisitions and private company advisory work. She is also actively involved in a wide range of corporate and commercial legal matters.
She has extensive experience in both domestic and crossborder transactions. Her legal practice covers a wide range of areas including debt and equity securities offerings, corporate restructurings of insolvent companies, takeovers, mergers and acquisitions, initial public offerings, venture and development capital financing, unit trusts and investment funds, foreign direct investment, placement and underwriting arrangements, franchising and commercial and intellectual property transactions.
She also serves as an Independent Non-Executive Director of Unitrade Industries Berhad.
Ms. Toh has no family relationship with any director and/or major shareholder of the Company.
Mr. Wee Beng Chuan Independent Non-Executive Director
Mr. Wee Beng Chuan, aged 62, male, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 July 2020. He currently serves as a member of the Audit Committee and Nominating Committee and is the Chairman of the Risk Management Committee.
Mr. Wee obtained his qualifications from the Association of Chartered Certified Accountants in 1988. He began his professional training at an audit firm in London in 1989, and upon returning to Malaysia in 1993, joined KPMG Malaysia. He was admitted as an Audit Partner of KPMG Malaysia in 2003 and served in that capacity until his retirement on 31 December 2017.
Mr. Wee is a member of the Malaysian Institute of Accountants and a Fellow member of the Association of Chartered Certified Accountants. He has extensive experience in auditing a wide range of companies, including public listed companies and multinational corporations across various industries. His industry exposure includes manufacturing (industrial products and consumer products), services, plantation, property development and construction as well as transportation and logistics. He is also an experienced reporting accountant, having been involved in numerous Initial Public Offerings and various capital market fundraising exercises.
Mr. Wee is currently serves as an Executive Director of Tuju Setia Berhad, and as an Independent Non-Executive Director of V.S. Industry Berhad and I REIT Managers Sdn. Bhd. (the Manager of AME REIT).
Mr. Wee does not have any family relationship with any director and/or major shareholder of the Company.
The attendance of the Directors at Board Meetings held during the financial year ended 31 March 2025 is disclosed on page 104 of the Corporate Governance Overview Statement of QL’s Integrated Annual Report 2025.
Foreign investment
In April 2010, QL received approval from relevant authorities in Indonesia for the incorporation of an 80% subsidiary known as PT QL Trimitra.
Foreign Investment
In May 2010, QL received approval from relevant authorities in Indonesia for the incorporation of an 100% subsidiary known as PT QL Agrofood.
Acquisition
In June 2010, QL’s subsidiary PT QL Trimitra entered into a Sales and Purchase Agreement to acquire the assets from CV Trimitra Group and drh Cecep Mochamad.
Acquisition
In August 2010, QL acquired 23.29% equity interest in Lay Hong Bhd. Lay Hong is listed in the Main Market of Bursa Malaysia and is one of the leading poultry player in Malaysia.
Acquisition
In October 2010, QL acquired 40.51% equity interest in Boilermech Sdn Bhd. Boilermech was listed in the ACE Market of Bursa Malaysia on 5 May 2011. This investment complements QL’s strategy to expand its value chain in biomass renewable energy.
Private placement No. 2, Share Split No.2, Free Warrant No.1.
In February 2011, QL completed the followings:
Recognition
In July 2011, QL was awarded The Edge Billion Ringgit Club 2011 Company of the year, beating 184 other companies eligible for this award. Winning it was a moment of real pride. It was a milestone, and one of the greatest achievements in the Group’s history.
Acquisition
In March 2012, QL acquired the entire issued and paid-up capital of QL Aquamarine (formerly MSLP Jasa Sdn Bhd.)
Recognition
In June 2012, QL was awarded the Green Leadership Award 2012 by the Asia Responsible Entrepreneurship Awards.
In July 2012, Dr. Chia Song Kun was bestowed with the Malaysian Ernst & Young Entrepreneur of the Year 2012. This award recognises outstanding entrepreneurs who demonstrate excellence and extraordinary success in areas such as innovation, financial performance and personal commitment to their business and communities.
Acquisition
In March 2013, QL acquired the entire issued and paid-up capital of Zhongsan True Taste Food (China).
Organic Expansion
In January 2013, QL Aquamarine started prawn farm development in Kudat, Sabah.
Acquisition
In December 2013, QL acquired the entire issued and paid-up capital of Kuala Kedah Fishmeal.
Organic Expansion
In December 2013, PT QL Agrofood started civil work on its 1st feedmill project in Bekasi, Indonesia.
Bonus Issue No.7 and Rights Issue No.1
In February 2014, QL completed its sixth bonus issue of 249.6 million new ordinary shares of 25sen each, on the basis of 3 new shares for every 10 existing shares.
In March 2014, QL completed a rights issue of 166.4 million shares of 25sen each at an issue price of RM1.80 per share, on the basis of 2 rights for every 10 shares held.
Organic Expansion
In June 2014, QL Figo Foods purchased a piece of land in Kulai Jaya, Johor together with a 2-storey detached office building, 8 blocks of single detached factory buildings (5.59 hectares in total).
Organic Expansion
In June 2014, QL Aquamarine had its 1st partial harvest of prawn.
Organic Expansion
In December 2014, QL signed an S&P to acquire land for prawn farming in Kota Belud, Sabah.
Organic Expansion
In January 2015, QL acquired 45% equity interest in Kembang Subur Sdn Bhd and subsequently increased the stake to 63% in February 2015. Kembang Subur is involved in prawn farming & hatcheries activities.
Recognitions
In October 2015, QL was selected as the ASEAN Winner for the 6th ASEAN Business Awards 2015 under the category of Priority Integration Sector (PIS) – Fisheries. The selection process was rigorously carried out involving carefully selected judges from each country. The PIS awards were given out during the opening ceremony of ASEAN Business and Investment Summit (ABIS).
In November 2015, in The EDGE BILLION RINGGIT Club 2015 corporate awards, QL was selected as Best Performing Stock under Consumer Products Sector for highest return to shareholders over three years.
Acquisition
Our subsidiary Kembang Subur had on 19 January 2016 acquired 100% equity in Cargill Agriculture Resources Sdn Bhd (Now known as KS Pekan Hatchery Sdn Bhd) for RM1.3 million.
KS Pekan Hatchery is involved in the business of prawn breeding and prawn hatchery.
Downstream Expansion
Investment in FamilyMart Convenience Stores
The signing of master franchise agreement with FamilyMart in April 2016 is QL’s strategic plan to expand into convenience-store chain. This plan is part of our strategic growth theme through downstream expansion of our existing food manufacturing and distribution businesses that creates synergistic effect.
After many months of hard work and planning, our first pilot FamilyMart store opened on 11 November 2016. The response and feedback from the public was overwhelming and better than expectation. Official launching of FamilyMart store was held at Mid Valley Megamall on 2 December 2016.
Bonus Issue No.8 and special dividend No.1
Kicking off our 30th Anniversary celebration since formation, QL announced a special once-off 3.0 sen interim dividend and 30% bonus issue as tokens of appreciation and to reward our loyal shareholders who have supported us through the years. The bonus issue was subsequently completed on 13 September 2017.
Convenience Store Chain (FamilyMart)
As part of QL’s outlined strategy to grow downstream via long-term scalable businesses, QL is also the master franchisee of the FamilyMart convenience store chain in Malaysia.
FY2018 marks a full year of FamilyMart in operations in Malaysia and it had been a speedy rise for this brand from Japan. By adopting the concept of konbini and providing convenience in particular with ready-to-eat food, FamilyMart created waves wherever it opened.
Standing at 39 stores dotted across the Klang Valley as at 31 March 2018, QL’s rate of opening new FamilyMart stores has outpaced the target of 30 stores by the same time. As at 7 July 2018, there were a total of 50 FamilyMart stores in Malaysia.
FamilyMart is striving to uphold its individuality that has set it apart from competitors. Aware of intense scrutiny and competition, QL is relentless in our drive to identify new locations and widen the network to live up to the FamilyMart concept.
On 14 November 2018, QL was included in the MSCI Global Index as part of MSCI’s November 2018 semi-annual index review. The MSCI indices typically serve as bases in exchange traded funds when choosing which markets and stocks to invest. Stocks are typically selected based on market capitalization and liquidity levels.
In September 2019, Dr. Chia Song Kun was recognised as Outstanding CEO & Value Creator by The Edge Billion Ringgit Club 2019.
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Foreign investment
In April 2010, QL received approval from relevant authorities in Indonesia for the incorporation of an 80% subsidiary known as PT QL Trimitra.
Foreign Investment
In May 2010, QL received approval from relevant authorities in Indonesia for the incorporation of an 100% subsidiary known as PT QL Agrofood.
Acquisition
In June 2010, QL’s subsidiary PT QL Trimitra entered into a Sales and Purchase Agreement to acquire the assets from CV Trimitra Group and drh Cecep Mochamad.
Acquisition
In August 2010, QL acquired 23.29% equity interest in Lay Hong Bhd. Lay Hong is listed in the Main Market of Bursa Malaysia and is one of the leading poultry player in Malaysia.
Acquisition
In October 2010, QL acquired 40.51% equity interest in Boilermech Sdn Bhd. Boilermech was listed in the ACE Market of Bursa Malaysia on 5 May 2011. This investment complements QL’s strategy to expand its value chain in biomass renewable energy.
Private placement No. 2, Share Split No.2, Free Warrant No.1.
In February 2011, QL completed the followings:
Recognition
In July 2011, QL was awarded The Edge Billion Ringgit Club 2011 Company of the year, beating 184 other companies eligible for this award. Winning it was a moment of real pride. It was a milestone, and one of the greatest achievements in the Group’s history.
Acquisition
In March 2012, QL acquired the entire issued and paid-up capital of QL Aquamarine (formerly MSLP Jasa Sdn Bhd.)
Recognition
In June 2012, QL was awarded the Green Leadership Award 2012 by the Asia Responsible Entrepreneurship Awards.
In July 2012, Dr. Chia Song Kun was bestowed with the Malaysian Ernst & Young Entrepreneur of the Year 2012. This award recognises outstanding entrepreneurs who demonstrate excellence and extraordinary success in areas such as innovation, financial performance and personal commitment to their business and communities.
Acquisition
In March 2013, QL acquired the entire issued and paid-up capital of Zhongsan True Taste Food (China).
Organic Expansion
In January 2013, QL Aquamarine started prawn farm development in Kudat, Sabah.
Acquisition
In December 2013, QL acquired the entire issued and paid-up capital of Kuala Kedah Fishmeal.
Organic Expansion
In December 2013, PT QL Agrofood started civil work on its 1st feedmill project in Bekasi, Indonesia.
Bonus Issue No.7 and Rights Issue No.1
In February 2014, QL completed its sixth bonus issue of 249.6 million new ordinary shares of 25sen each, on the basis of 3 new shares for every 10 existing shares.
In March 2014, QL completed a rights issue of 166.4 million shares of 25sen each at an issue price of RM1.80 per share, on the basis of 2 rights for every 10 shares held.
Organic Expansion
In June 2014, QL Figo Foods purchased a piece of land in Kulai Jaya, Johor together with a 2-storey detached office building, 8 blocks of single detached factory buildings (5.59 hectares in total).
Organic Expansion
In June 2014, QL Aquamarine had its 1st partial harvest of prawn.
Organic Expansion
In December 2014, QL signed an S&P to acquire land for prawn farming in Kota Belud, Sabah.
Organic Expansion
In January 2015, QL acquired 45% equity interest in Kembang Subur Sdn Bhd and subsequently increased the stake to 63% in February 2015. Kembang Subur is involved in prawn farming & hatcheries activities.
Recognitions
In October 2015, QL was selected as the ASEAN Winner for the 6th ASEAN Business Awards 2015 under the category of Priority Integration Sector (PIS) – Fisheries. The selection process was rigorously carried out involving carefully selected judges from each country. The PIS awards were given out during the opening ceremony of ASEAN Business and Investment Summit (ABIS).
In November 2015, in The EDGE BILLION RINGGIT Club 2015 corporate awards, QL was selected as Best Performing Stock under Consumer Products Sector for highest return to shareholders over three years.
Acquisition
Our subsidiary Kembang Subur had on 19 January 2016 acquired 100% equity in Cargill Agriculture Resources Sdn Bhd (Now known as KS Pekan Hatchery Sdn Bhd) for RM1.3 million.
KS Pekan Hatchery is involved in the business of prawn breeding and prawn hatchery.
Downstream Expansion
Investment in FamilyMart Convenience Stores
The signing of master franchise agreement with FamilyMart in April 2016 is QL’s strategic plan to expand into convenience-store chain. This plan is part of our strategic growth theme through downstream expansion of our existing food manufacturing and distribution businesses that creates synergistic effect.
After many months of hard work and planning, our first pilot FamilyMart store opened on 11 November 2016. The response and feedback from the public was overwhelming and better than expectation. Official launching of FamilyMart store was held at Mid Valley Megamall on 2 December 2016.
Bonus Issue No.8 and special dividend No.1
Kicking off our 30th Anniversary celebration since formation, QL announced a special once-off 3.0 sen interim dividend and 30% bonus issue as tokens of appreciation and to reward our loyal shareholders who have supported us through the years. The bonus issue was subsequently completed on 13 September 2017.
Convenience Store Chain (FamilyMart)
As part of QL’s outlined strategy to grow downstream via long-term scalable businesses, QL is also the master franchisee of the FamilyMart convenience store chain in Malaysia.
FY2018 marks a full year of FamilyMart in operations in Malaysia and it had been a speedy rise for this brand from Japan. By adopting the concept of konbini and providing convenience in particular with ready-to-eat food, FamilyMart created waves wherever it opened.
Standing at 39 stores dotted across the Klang Valley as at 31 March 2018, QL’s rate of opening new FamilyMart stores has outpaced the target of 30 stores by the same time. As at 7 July 2018, there were a total of 50 FamilyMart stores in Malaysia.
FamilyMart is striving to uphold its individuality that has set it apart from competitors. Aware of intense scrutiny and competition, QL is relentless in our drive to identify new locations and widen the network to live up to the FamilyMart concept.
On 14 November 2018, QL was included in the MSCI Global Index as part of MSCI’s November 2018 semi-annual index review. The MSCI indices typically serve as bases in exchange traded funds when choosing which markets and stocks to invest. Stocks are typically selected based on market capitalization and liquidity levels.
In September 2019, Dr. Chia Song Kun was recognised as Outstanding CEO & Value Creator by The Edge Billion Ringgit Club 2019.
To be the preferred global agro-based enterprise.
Progressive
Trustworthy
Initiative
Humility
Integrity
Win-Win
Teamwork
Innovative
QL charts our path as a scalable regional agro-food group on core values and focused expansion with emphasis on identified sustainability initiatives. We consistently deliver nutritious products that meet the needs of the modern population.
We seek to make a positive contribution to society via our five principal activities:
Marine Products Manufacturing, which includes surimi and fishmeal processing and consumer brands.
Consumer Food, producing wholesome nutritious products that add convenience for consumers.
Integrated Livestock Farming, which includes poultry farming, feedstuff trading and consumer brands.
Palm Oil & Environmental Technology, which includes milling, plantations and biomass clean energy.
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