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 Kun
Executive Chairman
Dr. Chia Song Kun, aged 72, male, Malaysian, was appointed as the Group Managing Director of QL Resources Berhad on 3 January 2000 and re-designated as the Executive Chairman on 1 April 2018. He is also a member of the Risk Management Committee.
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) degree majoring in Mathematics from the University of Malaya in 1973 and obtained a Master in Business Administration in 1988 from the same university. He started his career as a tutor and subsequently joined University Teknologi Mara as a lecturer where he served for 11 years until 1984.
After his lecturing years, Dr. Chia, along with his brothers and his brothers-in-law, began trading in fish meal and feed meal raw material. The business they founded was subsequently incorporated as QL Resources Berhad. Today QL is a sustainable and scalable multinational agro-food corporation with interests in Integrated Livestock Farming, Marine Products Manufacturing and Palm Oil Activities. The company has a market capitalisation of approximately twelve billion ringgit.
He is also the Chairman of Boilermech Holdings Berhad, a company listed on the ACE Market of Bursa Malaysia Securities Berhad on 5 May 2011, which then transferred to the Main Market on 4 December 2014. Boilermech became a subsidiary company of QL Resources Berhad in March 2022.
On 5 July 2008, he was conferred the honorary degree of Doctor of Laws (Hon LLD) by the Honorary Awards Board of the University of Hertfordshire in recognition of his outstanding contribution to the development of business and education in Malaysia. On 28 June 2019, he was then conferred Honorary Doctorate of Management by INTI International University in acknowledgement of his professionalism and exemplary leadership in building businesses and propelling QL Resources from a local trader to a recognised multinational corporation.
Dr. Chia’s leadership has been recognised by a number of noted organisations. In 2012, Dr. Chia was awarded the Ernst & Young Entrepreneur of the Year Award 2012 for Malaysia. In October 2018, Dr. Chia was awarded the Sin Chew Business Lifetime Excellence Achievement Award 2018. In September 2019, Dr. Chia won The Edge Billion Ringgit Club Value Creator: Outstanding CEO of Malaysia.
Dr. Chia Song Kun is the brother of Mr. Chia Song Swa and Mr. Chia Song Kooi. He is the brother-in-law of Mr. Chia Seong Pow and Mr. Chia Seong Fatt and also Mr. Chia Lik Khai’s father. He is the Director and beneficial shareholder of CBG (L) Pte Ltd via CBG (L) Foundation, a major shareholder of QL.
He attended all six board of directors’ meetings held for the financial year.
Dr. Chia has no conflict of interest with the Company 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 Song Kooi
Group Managing Director
Mr. Chia Song Kooi, aged 62, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. He was re-designated as the Deputy Managing Director of the Company on 21 November 2016 and then as the Group Managing Director on 1 April 2018. He is also a member of the Risk Management Committee.
He holds a bachelor of Agricultural Science from University Putra Malaysia (1985). In 2005 he has completed the Premier Business Management Program which was aimed to equip business leaders with the skills and competencies necessary for navigating uncertainty, adversity and to lead change in the global economy.
Mr. Chia began his career as a Marketing Executive for agrochemical products with Ancom Berhad, a company listed on the Main Market of the Bursa Malaysia Securities Berhad and eventually headed the Product and Market Development Division in 1987.
Mr. Chia joined QL Feedingstuffs Sdn. Bhd. as an Executive Director on 21 September 1988. He has more than 20 years of experience in farm management and in trading of raw materials for farm use, as well as more than 10 years of experience in marine products processing. He was the Deputy Chairman of Sabah Livestock Poultry Association from 2012 to 2016. In view of the restructuring of the QL Group, he has resigned as a Director of QL Feedingstuffs Sdn. Bhd. and has been re-appointed in year 2017. Prior to being the Group Managing Director, he was overall in charge of the group’s operations in Kota Kinabalu since 1990 to 2016.
Mr. Chia Song Kooi is the brother to Dr. Chia Song Kun and Mr. Chia Song Swa.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia has no conflict of interest with the Company 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 Fatt
Executive Director
Mr. Chia Seong Fatt, aged 66, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. During the period of 1 April 2019 to 1 April 2021, he was appointed as an Alternate Director to Mr. Chia Seong Pow. On 1 April 2021, he resigned as an Alternate Director to Mr. Chia Seong Pow and was appointed as an Executive Director of the Company.
He obtained his B.Sc. Honours Degree in Chemistry from University of London in 1979. He practised as an industrial chemist for 3 years before he pursued further studies in University Malaya.
In 1984, he graduated from University of Malaya with a Master degree in Business Administration.
He served for seven years as Managing Director in Sri Tawau Farming Sdn. Bhd., a company involved in layer farming.
In 1991, he was appointed as Managing Director of QL Farms Sdn. Bhd., a subsidiary of QL overseeing its operations in Tawau. In January 1996, he was appointed as an Executive Director of QL Feedingstuffs Sdn. Bhd. in charge of layer farm and Crude Palm Oil (“CPO”) milling operations. In view of the restructuring of the QL Group, he has resigned as a Director of QL Feedingstuffs Sdn. Bhd. However he is still in charge of layer, broiler farm and CPO milling operations in Tawau. From 2017 onwards, he is the Director overseeing all farming operations in Sabah.
He is also an Alternate Director in Boilermech Holdings Berhad, a company listed in the ACE Market of Bursa Malaysia Securities Berhad on 5 May 2011, which then transferred to the Main Market on 4 December 2014.
He is the elder brother to Mr. Chia Seong Pow. Both of them are brothers-in-law to Dr. Chia Song Kun. He is the Director and beneficial shareholder of Farsathy Holdings Sdn. Bhd., a major shareholder of QL.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia Seong Fatt has no conflict of interest with the Company 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 Mak Hooi
Executive Director
Mr. Chia Mak Hooi, aged 57, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. During the period of 1 April 2019 to 1 April 2021, he was appointed as an Alternate Director to Mr. Chia Song Swa. On 1 April 2021, he resigned as an Alternate Director to Mr. Chia Song Swa and was appointed as an Executive Director of the Company.
He graduated from Arizona State University, USA with a Degree in Accounting and Finance in 1988.
He started his career in 1989 as an Assistant Accountant at Concept Enterprises Inc. In 1991, he joined QL Feedingstuffs Sdn. Bhd. as Finance Manager where he was mainly responsible for the accounts, tax and audit planning, and cash management and liaised with bankers for banking facilities. In 1996, he was appointed Finance Director of QL Feedingstuffs Sdn. Bhd., and was involved in the proposed listing of the Company on the Second Board of Bursa Malaysia Securities Berhad.
Currently, he is actively involved in group corporate activities and strategic business planning and also group integrated livestock business expansion programmes both locally and overseas.
Mr. Chia Mak Hooi is the director of EITA Resources Berhad (“EITA”) and Group, a company listed on the Main Market of the Bursa Malaysia Securities Berhad on 9 April 2012. EITA is principally an investment holding company and provider of management services to its subsidiaries. EITA Group’s business activities are in the marketing and distribution of E&E components and equipment, design and manufacture of Elevator and Busduct systems as well as maintenance of Elevator systems and provision of electrical and security system solutions as well as manufacture of E&E components and equipment namely Centralised Dimming Systems, Ballasts and connectors.
He is the nephew to Dr. Chia Song Kun, Mr. Chia Song Swa and Mr. Chia Song Kooi.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia Mak Hooi has no conflict of interest with the Company 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. Cheah Juw Teck
Executive Director
Mr. Cheah Juw Teck, aged 53, male, Malaysian, was appointed as an Executive Director of the Company on 1 June 2011. During the period of 1 April 2019 to 1 April 2021, he was appointed as an Alternate Director to Mr. Chia Lik Khai. On 1 April 2021, he resigned as an Alternate Director to Mr. Chia Lik Khai and was appointed as an Executive Director of the Company.
He holds a Degree in Food Technology from University Putra Malaysia (1993).
Prior to joining QL Group in 1994, 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 was appointed as a Director of QL Foods Sdn. Bhd. in 1997. He is also the director in charge of the surimi and surimi based products division in QL Group as well as the expansion programs in overseas.
Mr. Cheah Juw Teck is the nephew to Dr. Chia Song Kun, Mr. Chia Song Swa and Mr. Chia Song Kooi.
He attended all six board of directors’ meetings held for the financial year.
Mr. Cheah has no conflict of interest with the Company 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 66, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. During the period of 1 April 2018 to 1 April 2019 and on 1 April 2021, he was appointed as an Alternate Director to Mr. Chia Seong Fatt and resigned as an Executive Director of the Company.
He graduated from Tunku Abdul Rahman College with a Diploma in Building Technology in 1982.
He is one of the founder members of QL Group. He joined CBG Holdings Sdn. Bhd. as Marketing Director in 1984. He has more than 38 years of experience in the livestock and food industry covering layer farming, manufacturing, trading and shipping.
Currently, Mr. Chia Seong Pow is mainly in charge of layer farming, regional merchanting trade in food grains as well as new business developments.
Majority of the Group’s new expansion programmes were initiated by him.
Mr. Chia Seong Pow was appointed as a Director of EITA on 1 March 2017, a company listed on the Main Market of the Bursa Malaysia Securities Berhad on 9 April 2012. Thereafter, as an Alternate Director to Mr. Chia Mak Hooi on 1 November 2018. EITA is principally an investment holding company and provider of management services to its subsidiaries. EITA Group’s business activities are in the marketing and distribution of E&E components and equipment, design and manufacture of Elevator and Busduct systems as well as maintenance of Elevator systems and provision of electrical and security system solutions as well as manufacture of E&E components and equipment namely Centralised Dimming Systems, Ballasts and connectors.
He is the younger brother to Mr. Chia Seong Fatt. Both of them are brothers-in-law to Dr. Chia Song Kun. He is the Director and beneficial shareholder of Farsathy Holdings Sdn. Bhd., a major shareholder of QL.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia Seong Pow has no conflict of interest with the Company 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 Song Swa
Alternate Director to Chia Mak Hooi
Mr. Chia Song Swa, aged 62, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. During the period of 1 April 2018 to 1 April 2019 and on 1 April 2021, he was appointed as an Alternate Director to Mr. Chia Mak Hooi and resigned as an Executive Director of the Company.
He holds a Degree in Chemistry and Statistics from the University of Campbell, USA.
He began his career at Genting Berhad, a company listed on the Bursa Malaysia Securities Berhad as a Management Trainee in 1984 and served for 2 years.
In 1987 he joined QL Feedingstuffs Sdn. Bhd. as a sales executive and was appointed as a director of QL Feedingstuffs Sdn. Bhd. on 22 June 1987. In line with the transfer of business from QL Feedingstuffs Sdn. Bhd. to QL Feed Sdn. Bhd., he was appointed as the director in charge of sales and trading function at QL Feed Sdn. Bhd. As a result of his vast experience in feed raw material distribution, he has helped the Company to establish a very strong distribution network.
He is the brother to Dr. Chia Song Kun and Mr. Chia Song Kooi.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia Song Swa has no conflict of interest with the Company 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 Lik Khai
Alternate Director to Cheah Juw Teck
Mr. Chia Lik Khai, aged 43, male, Malaysian, was appointed as an Executive Director of the Company on 21 November 2016. During the period of 1 April 2018 to 1 April 2019 and 1 April 2021 to 4 January 2022, he was appointed as an Alternate Director to Mr. Cheah Juw Teck. On 4 January 2022, he resigned as an Alternate Director to Mr. Cheah Juw Teck and was appointed as an Executive Director of the Company.
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 overseas Convenient Store (CVS) business pillar. Mr. Chia Lik Khai is the corporate representative of QL Resources Berhad in its subsidiary 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 March 2021, he was redesignated as Joint Managing Director of Boilermech Holdings Berhad.
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 eight (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 all six board of directors’ meetings held for the financial year.
Mr. Chia Lik Khai has no conflict of interest with the Company 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. Low Teng Lum
Senior Independent Non-Executive Director
Mr. Low Teng Lum, aged 68, male, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 30 August 2019. He is also a Chairman of the Audit, Nominating, Remuneration and Risk Management Committees. He was then appointed as the Senior Independent Non-Executive Director on 25 February 2021.
Mr. Low obtained his qualifications from the Association of Chartered Certified Accountants and Institute of Chartered Secretaries and Administrators, both of the United Kingdom, in 1977. He attended the Applied Management Program of Swedish Institute of Management in 1990. In 1996, he obtained his 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, a Fellow member of the Association of Chartered Certified Accountants (“ACCA”) and a Fellow member of the Institute of Chartered Secretaries and Administrators.
He has been a member of the Taxation and Trade committees of the Malaysian International Chamber of Commerce and Industry since 2002 and 2005 respectively. He was a founding committee member of Confederation of Malaysian Brewers.
Over the course of his career, he has held various accounting and financial positions in Arthur Young & Company (presently known as Ernst & Young), Guthrie Malaysia Holdings Berhad, Palmco Holdings Berhad, Guiness Anchor Berhad and General Corporation Berhad. During his 14 year tenure with Southern Steel Berhad, he was promoted from Finance Manager to General Manager (Commercial), Senior General Manager (Rod Division) and Chief Operating Officer (Steel Business Unit). He retired from Guinness Anchor Berhad (presently known as Heineken Malaysia Berhad) in April 2011, as both the Finance Director and member of the Board of Director, after 10 years of service.
Served as a member of the Task Force on the formation of an Audit Oversight Board chaired by the Securities Commission (SC).
Mr. Low currently sits on the Board of Salutica Berhad.
He attended all six board of directors’ meetings held for the financial year.
Mr. Low does not have any family relationship with any director and/or major shareholder of the Company. He has no conflict of interest with the Company 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.
Datin Paduka Setia Dato’ Dr. Aini Binti Ideris
Independent Non-Executive Director
Datin Paduka Setia Dato’ Dr. Aini Binti Ideris, aged 69, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 January 2016. She is also a member of the Audit and Risk Management Committees.
Dato’ Dr Aini graduated with Doctor of Veterinary Medicine (DVM) degree in 1979 from Universiti Pertanian Malaysia – UPM (currently, Universiti Putra Malaysia), Masters in Veterinary Science (MVSc) Degree in Avian Medicine from University of Liverpool, England (1981), and PhD Degree from UPM (1989). She continued to do post-doctoral training at the University of California Davis, USA (1990-1992) and was awarded Asian Development Bank Fellowship in 1993 for further post-doctoral training at Cornell University, USA.
Dato’ Dr Aini held various administrative positions in UPM, such as Chairman of Veterinary Teaching Hospital, Deputy Dean Faculty of Veterinary Medicine, Dean School of Graduate Studies, Deputy Vice Chancellor (Academic and International), the Founding Director for Corporate Strategy & Communications Office, and the 8th Vice-Chancellor of Universiti Putra Malaysia. She is the Coordinator for the National Centre of Excellence for Swiftlets, under the Ministry of Agriculture, Vice President of Global World Veterinary Poultry Association (WVPA), member of Board of Directors of Yayasan Putra Business School, the Founding Chairman Board of Directors of UPM Holdings Sdn. Bhd., Board Member of UPM Holdings Education & Training, and member of International Advisors of Women Issues, under the Minister at Prime Minister’s Department.
She finished her contract with UPM in January 2021 and currently, she is the Pro-Chancellor of International Medical University (IMU). She is also a Visiting Professor at the Management and Science University, EXCO member of Global WVPA and President of WVPA Malaysia. Dato’ Dr Aini is a Senior Fellow and EXCO of Academy of Sciences Malaysia, Fellow of World Islamic Academy of Sciences, Founding Fellow and Council member of Malaysian College of Veterinary Specialists, Fellow and Council member of Malaysian Science Association, Fellow of Malaysian Institute of Marketing, member of Board of Governance of International Medical University and International Medical College (IMC), member of Board of Trustees Yayasan Inovasi Malaysia (YIM), EXCO Member of National Cancer Council (MAKNA) and member of Investigating Tribunal Panel for the Advocates and Solicitors Disciplinary Board of the Bar Council Malaysia.
She attended all six board of directors’ meetings held for the financial year.
Dato’ Dr Aini has no family relationship with any director and/or major shareholder of the Company. She is the Independent Non-Executive Director of Malayan Flour Mills Berhad. Besides this, she has no other conflict of interest with the Company. She 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.
Ms. Kow Poh Gek
Independent Non-Executive Director
Ms. Kow Poh Gek, aged 64, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She is also a member of the Audit, Risk Management, Nominating and Remuneration Committees.
She graduated with a Diploma In Commerce (Cost & Management Accounting) from Tunku Abdul Rahman College and a fellow member of The Chartered Institute of Management Accountants, UK.
Ms. Kow started her career as a Financial Assistant in April 1982. She has more than 35 years of experience in finance and management accounting, financial reporting, taxation, treasury, budgetary control, internal control systems and risk management within the investment holding, banking, hotel and resorts, direct selling, manufacturing and trading/services sectors. In January 2010, she joined EITA Holdings Sdn. Bhd. (now known as EITA) as the Finance cum Investors Relation Manager. She was later designated as the Chief Financial Officer in EITA in January 2012, a position she held till 31 December 2017.
During her tenure in EITA, she was involved in the preparation of EITA prospectus for its listing on the Main Board of Bursa Malaysia Securities Berhad in April 2012, formulation and documentation of accounting standard operating procedures, evaluation of financial position of companies targeted for merger and acquisition, overseeing the company’s financial reporting and entire accounts department, investor relations and risk management functions.
She is also an Independent Non-Executive Director of GDB Holdings Berhad since 14 December 2017.
She attended all six Board of Directors’ meetings held for the financial year.
Ms. Kow Poh Gek has no family relationship with any director and/or major shareholder of the Company. She has no conflict of interest with the Company and she 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.
Ms. Chan Wai Yen, Millie
Independent Non-Executive Director
Ms. Chan Wai Yen, aged 66, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She is also a member of the Audit Committee and Risk Management Committee.
She graduated with a Bachelor of Laws Degree with First Class Honours from the University of Malaya, 1980.
Ms. Chan was admitted as an Advocate and Solicitor to the High Court of Malaya in 1981. She commenced legal practice in Maxwell, Kenion, Cowdy & Jones, a law firm in Ipoh. In 1984, Ms. Chan co-founded the legal firm W Y Chan & Roy, and continued to practice law in Malaysia until 2007.
Ms. Chan’s practice focus in Malaysia during the first seven years of practice was in civil and commercial litigation. In the following 2 decades, her practice concentrated on corporate securities and 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 national law firm in Canada, and was a member of BLG Tax Group and the Corporate & Commercial Group. She was also BLG Senior Consultant for Asia Pacific Market. She advises high net worth families, particularly business families in Asia, in the area of holistic global estate planning, involving inter-generational wealth transfer, asset protection, and capital preservation. In addition, she assists families to establish strategies and processes to promote family governance, maintain family unity, and uphold family identity and integrity. She works with an extensive contact base of financial institutions and offshore service providers for trust, foundations, and corporations.
Ms. Chan ceased her legal practice with Borden Ladner Gervais and applied to be a non-practicing lawyer in British Columbia in 2018 in order to concentrate on consulting with business families and individuals, particularly in Asia, in the area of holistic global estate planning under Legacy 127 Consulting Inc. In April 2019, Ms. Chan was appointed a Consultant of Shearn Delamore & Co, a legal firm in Malaysia.
Ms. Chan was appointed an Independent Non-Executive Director of Gamuda Berhad on 1 January 2022, a company listed on the Main Market of Bursa Malaysia Securities Berhad.
She attended all six board of directors’ meetings held for the financial year.
Ms. Chan Wai Yen has no family relationship with any director and/or major shareholder of the Company. She has no conflict of interest with the Company and she 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.
Ms. Cynthia Toh Mei Lee
Independent Non-Executive Director
Ms. Cynthia Toh Mei Lee, aged 48, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She is also a member of the Audit and Risk Management Committees.
She graduated with a Bachelor of Commerce from Monash University in 1994 and Bachelor of Laws from Monash University in 1996.
Ms. Cynthia Toh is an Advocate & Solicitor of the High Court of Malaya. She is partner of the law firm, Messrs. Wong Beh & Toh since 2002.
In 1997, she completed her pupillage at Messrs Presgrave & Matthews and was admitted as an advocate and solicitor in the High Court of Malaya in the same year. She worked as a legal assistant at Messrs Presgrave & Matthews until 2002 when Messrs Wong Beh & Toh was set up. She is one of the founding partners of Messrs Wong Beh & Toh.
She practices in the areas of equity corporate finance, mergers and acquisitions as well as private company advisory work. She is also involved in various other corporate and commercial matters.
She has been involved in both domestic and cross-border transactions. Her experience includes, debt and equity securities offerings, corporate restructurings of insolvent companies, takeovers, mergers and acquisitions of companies and businesses, 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 was appointed as a Director of Unitrade Industries Berhad on 15 September 2021.
She attended all six Board of Directors’ meetings held for the financial year.
Ms. Cynthia Toh has no family relationship with any director and/or major shareholder of the Company. She has no conflict of interest with the Company and she 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. Wee Beng Chuan
Independent Non-Executive Director
Mr. Wee Beng Chuan, aged 59, male, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 July 2020. He is also a member of the Audit, Nominating, Remuneration and Risk Management Committees.
Mr. Wee obtained his qualifications from the Association of Chartered Certified Accountants in 1988 and commenced his professional training in an audit firm in London, England in 1989. He joined KPMG Malaysia in 1993 upon his return to Malaysia and was admitted as an audit partner of KPMG Malaysia in 2003 until his retirement from the firm on 31 December 2017.
He is a member of the Malaysian Institute of Accountants and a Fellow member of the Association of Chartered Certified Accountants.
Mr. Wee has extensive experience in the audit of a wide range of companies which include public listed companies and multinationals in various industries, including manufacturing of industrial products, consumer products and services, plantation, property development and construction, transportation and logistics. He is also an experienced reporting accountant who has worked on numerous Initial Public Offerings and various fund raising exercises in the Capital Market.
He is also a Director of Tuju Setia Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad on 19 May 2021.
He attended all six Board of Directors’ meetings held for the financial year.
Mr. Wee does not have any family relationship with any director and/or major shareholder of the Company. He has no conflict of interest with the Company 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.
Madam Tan Ler Chin, Cindy
Independent Non-Executive Director
Madam Tan Ler Chin, Cindy, aged 61, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 4 January 2022. She is also a member of the Audit and Risk Management Committees.
She graduated with Honours degree in Economics, majoring in Statistics from Universiti Kebangsaan Malaysia in 1984, Diploma in Investment Analysis in 1988 from Malaysian Association of Productivity and Certified Diploma in Accounting and Finance, accorded by the Chartered Association of Certified Accountants in 1991. She also attended the Wharton-National University of Singapore Banking Programme in 1995.
Madam Tan began her career in 1984, in the finance and budget department of Employees Provident Fund (“EPF”). In 1988, she was transferred to the investment department, where she was responsible for the management of the EPF’s external fund managers and other domestic investment assets, including Malaysian Government Securities, loans/debentures, equities and money market placements. Her experience includes specialization in fixed income investments which includes several large privatization projects in Malaysia.
In 2009, Madam Tan was appointed as the head of investment compliance and was responsible for ensuring all investment settlements were undertaken in compliance with internal policies/guidelines and other related legal requirements.
In 2019, Madam Tan was appointed as the head of risk department where she oversaw the management of amongst others, the operational risks, technology risks, investment risks and investment market risks of EPF. She retired from EPF in April 2021.
Madam Tan had also in the past served on the Board of Malaysia Building Society Berhad, Sunway Holdings Incorporated Berhad (now known as Sunway Holdings Sdn Bhd) and Malakoff Corporation Berhad.
Madam Tan is currently an Independent Non-Executive Director of Affin Islamic Bank Berhad, Senheng New Retail Berhad and Sunway Construction Group Berhad.
She attended one out of one board of directors’ meetings held for the financial year since her appointment.
Madam Tan has no family relationship with any director and/or major shareholder of the Company. She has no conflict of interest with the Company and she 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.
Dr. Chia Song Kun
Executive Chairman
Dr. Chia Song Kun, aged 70, male, Malaysian, was appointed as the Group Managing Director of QL Resources Berhad on 3 January 2000 and re-designated as the Executive Chairman on 1 April 2018. He is also a member of the Risk Management Committee.
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) degree majoring in Mathematics from the University of Malaya in 1973 and obtained a Master in Business Administration in 1988 from the same university. He started his career as a tutor and subsequently joined University Teknologi Mara as a lecturer where he served for 11 years until 1984.
After his lecturing years, Dr. Chia, along with his brothers and his brothers-in-law, began trading in fish meal and feed meal raw material. The business they founded was subsequently incorporated as QL Resources Berhad. Today QL is a sustainable and scalable multinational agro-food corporation with interests in Integrated Livestock Farming, Marine Products Manufacturing and Palm Oil Activities. The Company has a market capitalisation of approximately fifteen billion ringgit in July 2020.
Dr. Chia is a founding member of INTI Universal Holdings Berhad, which operates one of the leading private university colleges in Malaysia. On 5 July 2008, he was conferred the honorary degree of Doctor of Laws (Hon LLD) by the Honorary Awards Board of the University of Hertfordshire in recognition of his outstanding contribution to the development of business and education in Malaysia. He is also the Chairman of Boilermech Holdings Berhad, a company listed on the ACE Market of Bursa Malaysia Securities Berhad on 5 May 2011, which then transferred to the Main Market on 4 December 2014.
Dr. Chia’s leadership has been recognised by a number of noted organisations. In 2005, The Edge selected him as one of ‘20 CEOs We Admire’. In July 2011, Dr. Chia led the Group to new heights when QL Resources won the prestigious The Edge Billion Ringgit Club Company of the Year award. In 2012, Dr. Chia was awarded the Ernst & Young Entrepreneur of the Year Award 2012 for Malaysia. In October 2018, Dr. Chia was awarded the Sin Chew Business Lifetime Excellence Achievement Award 2018. In September 2019, Dr. Chia won The Edge Billion Ringgit Club Value Creator: Outstanding CEO of Malaysia and QL Resources won The AsiaMoney Awards 2019 for Most Outstanding Company in Malaysia – Consumer Staples Sector.
Dr. Chia Song Kun is the brother of Mr. Chia Song Swa and Mr. Chia Song Kooi. He is the brother-in-law of Mr. Chia Seong Pow and Mr. Chia Seong Fatt and also Mr. Chia Lik Khai’s father. He is the Director and beneficial shareholder of CBG (L) Pte Ltd via CBG (L) Foundation, a major shareholder of QL.
He attended all six board of directors’ meetings held for the financial year.
Dr. Chia has no conflict of interest with the Company 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.
He holds a bachelor of Agricultural Science from University Putra Malaysia (1985). In 2005 he has completed the Premier Business Management Program which was aimed to equip business leaders with the skills and competencies necessary for navigating uncertainty, adversity and to lead change in the global economy.
Mr. Chia began his career as a Marketing Executive for agro-chemical products with Ancom Berhad, a company listed on the Main Market of the Bursa Malaysia Securities Berhad and eventually headed the Product and Market Development Division in 1987.
Mr. Chia joined QL Feedingstuffs Sdn. Bhd. as an Executive Director on 21 September 1988. He has more than 20 years of experience in farm management and in trading of raw materials for farm use, as well as more than 10 years of experience in marine products processing. He was the Deputy Chairman of Sabah Livestock Poultry Association from 2012 to 2016. In view of the restructuring of the QL Group, he has resigned as a Director of QL Feedingstuffs Sdn. Bhd. and has been re-appointed in year 2017. Prior to being the Group Managing Director, he was overall in charge of the group’s operations in Kota Kinabalu since 1990 to 2016.
Mr. Chia Song Kooi is the brother to Dr. Chia Song Kun and Mr. Chia Song Swa.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia has no conflict of interest with the Company 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.
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Mr. Chia Seong Pow
Executive Director
Mr. Chia Seong Pow, aged 64, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. Thereafter, as the Alternate Director to Chia Seong Fatt from 1 April 2018 to 1 April 2019 and was re-appointed as an Executive Director of the Company on 1 April 2019.
He graduated from Tunku Abdul Rahman College with a Diploma in Building Technology in 1982.
He is one of the founder members of QL Group. He joined CBG Holdings Sdn. Bhd. as Marketing Director in 1984. He has more than 25 years of experience in the livestock and food industry covering layer farming, manufacturing, trading and shipping.
Currently, Mr. Chia Seong Pow is mainly in charge of layer farming, regional merchanting trade in food grains as well as new business developments.
Majority of the Group’s new expansion programmes were initiated by him.
Mr. Chia Seong Pow was appointed as a Director of EITA Resources Berhad on 1 March 2017, a company listed on the Main Market of the Bursa Malaysia Securities Berhad on 9 April 2012.
Thereafter, as an Alternate Director to Chia Mak Hooi on 1 November 2018. EITA Resources Berhad (“EITA”) is principally an investment holding company and provider of management services to its subsidiaries. EITA Group’s business activities are in the marketing and distribution of E&E components and equipment, design and manufacture of Elevator and Busduct systems as well as maintenance of Elevator systems and provision of electrical and security system solutions as well as manufacture of E&E components and equipment namely Centralised Dimming Systems, Ballasts and connectors.
He is the younger brother to Mr. Chia Seong Fatt. Both of them are brothers-in-law to Dr. Chia Song Kun. He is the Director and beneficial shareholder of Farsathy Holdings Sdn. Bhd., a major shareholder of QL.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia Seong Pow has no conflict of interest with the Company 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.
He holds a Degree in Chemistry and Statistics from the University of Campbell, USA.
He began his career at Genting Berhad, a company listed on the Bursa Malaysia Securities Berhad as a Management Trainee in 1984 and served for 2 years.
In 1987 he joined QL Feedingstuffs Sdn. Bhd. as a sales executive and was appointed as a director of QL Feedingstuffs Sdn. Bhd. on 22 June 1987. In line with the transfer of business from QL Feedingstuffs Sdn. Bhd. to QL Feed Sdn. Bhd., he was appointed as the director in charge of sales and trading function at QL Feed Sdn. Bhd. As a result of his vast experience in feed raw material distribution, he has helped the Company to establish a very strong distribution network.
He is the brother to Dr. Chia Song Kun and Mr. Chia Song Kooi.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia Song Swa has no conflict of interest with the Company 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.
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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.
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. During his tenure there, he focused on serving global clients in renewable energy, consumer products and high-tech sectors on strategy, mergers and acquisitions as well as sales and marketing. He also possesses extensive management experience in high-tech, telecommunications and internet commerce. He spent eight (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 subsequently 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 strategic business planning and expansion.
Mr. Chia Lik Khai is also the Deputy Managing Director of Boilermech Holdings Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad.
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 all six board of directors’ meetings held for the financial year.
Mr. Chia Lik Khai has no conflict of interest with the Company 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.
Alternate Director to Chia Seong Pow
Mr. Chia Seong Fatt, aged 64, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. He resigned as an Executive Director of the Company and was appointed as an Alternate Director to Chia Seong Pow on 1 April 2019.
He obtained his B.Sc. Honours Degree in Chemistry from University of London in 1979. He practised as an industrial chemist for 3 years before he pursued further studies in University Malaya.
In 1984, he graduated from University of Malaya with a Master degree in Business Administration.
He served for seven years as Managing Director in Sri Tawau Farming Sdn. Bhd., a company involved in layer farming.
In 1991, he was appointed as Managing Director of QL Farms Sdn. Bhd., a subsidiary of QL overseeing its operations in Tawau. In January 1996, he was appointed as an Executive Director of QL Feedingstuffs Sdn. Bhd. in charge of layer farm and CPO milling operations. In view of the restructuring of the QL Group, he has resigned as a Director of QL Feedingstuffs Sdn. Bhd. However he is still in charge of layer, broiler farm and CPO milling operations in Tawau. From 2017 onwards, he is the Director overseeing all farming operations in Sabah.
He is also an Alternate Director in Boilermech Holdings Berhad, a company listed in the ACE Market of Bursa Malaysia Securities Berhad on 5 May 2011, which then transferred to the Main Market on 4 December 2014.
He is the elder brother to Mr. Chia Seong Pow. Both of them are brothers-in-law to Dr. Chia Song Kun. He is the Director and beneficial shareholder of Farsathy Holdings Sdn. Bhd., a major shareholder of QL.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia Seong Fatt has no conflict of interest with the Company 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.
Alternate Director to Chia Song Swa
Mr. Chia Mak Hooi, aged 55, male, Malaysian, was appointed as an Executive Director of the Company on 3 January 2000. He resigned as an Executive Director of the Company and was appointed as an Alternate Director to Chia Song Swa on 1 April 2019.
He graduated from Arizona State University, USA with a Degree in Accounting and Finance in 1988.
He started his career in 1989 as an Assistant Accountant at Concept Enterprises Inc. In 1991, he joined QL Feedingstuffs Sdn. Bhd. as Finance Manager where he was mainly responsible for the accounts, tax and audit planning, and cash management and liaised with bankers for banking facilities. In 1996, he was appointed Finance Director of QL Feedingstuffs Sdn. Bhd., and was involved in the proposed listing of the Company on the Second Board of Bursa Malaysia Securities Berhad.
Currently, he is actively involved in group corporate activities and strategic business planning and also group integrated livestock business expansion programs both locally and overseas.
Mr. Chia Mak Hooi is the director of EITA and Group, a company listed on the Main Market of the Bursa Malaysia Securities Berhad on 9 April 2012. EITA is principally an investment holding company and provider of management services to its subsidiaries. EITA Group’s business activities are in the marketing and distribution of E&E components and equipment, design and manufacture of Elevator and Busduct systems as well as maintenance of Elevator systems and provision of electrical and security system solutions as well as manufacture of E&E components and equipment namely Centralised Dimming Systems, Ballasts and connectors.
He is the nephew to Dr. Chia Song Kun, Mr. Chia Song Swa and Mr. Chia Song Kooi.
He attended all six board of directors’ meetings held for the financial year.
Mr. Chia Mak Hooi has no conflict of interest with the Company 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. Cheah Juw Teck
Alternate Director to Chia Lik Khai
Mr. Cheah Juw Teck, aged 51, male, Malaysian, was appointed as an Executive Director of the Company on 1 June 2011. He resigned as an Executive Director and was appointed as an Alternate Director to Chia Lik Khai on 1 April 2019.
He holds a Degree in Food Technology from University Putra Malaysia (1993).
Prior to joining QL Group in 1994, 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 was appointed as a Director of QL Foods Sdn. Bhd. in 1997. He is also the director in charge of the surimi and surimi-based products division in QL Group as well as the expansion programs in overseas.
Mr. Cheah Juw Teck is the nephew to Dr. Chia Song Kun, Mr. Chia Song Swa and Mr. Chia Song Kooi.
He attended all six board of directors’ meetings held for the financial year.
Mr. Cheah has no conflict of interest with the Company 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. Low Teng Lum
Independent Non-Executive Director
Mr. Low Teng Lum, aged 66, male, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 30 August 2019. He is also a Chairman of the Audit, Nominating, Remuneration and Risk Management Committees.
Mr. Low obtained his qualifications from the Association of Chartered Certified Accountants and Institute of Chartered Secretaries and Administrators, both of the United Kingdom, in 1977. He attended the Applied Management Program of Swedish Institute of Management in 1990. In 1996, he obtained his 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, a Fellow member of the Association of Chartered Certified Accountants (“ACCA”) and a Fellow member of the Institute of Chartered Secretaries and Administrators.
He has been a member of the Taxation and Trade committees of the Malaysian International Chamber of Commerce and Industry since 2002 and 2005 respectively. He was a founding committee member of Confederation of Malaysian Brewers.
Over the course of his career, he has held various accounting and financial positions in Arthur Young & Company (presently known as Ernst & Young), Guthrie Malaysia Holdings Berhad, Palmco Holdings Berhad, Guinness Anchor Berhad and General Corporation Berhad. During his 14 year tenure with Southern Steel Berhad, he was promoted from Finance Manager to General Manager (Commercial), Senior General Manager (Rod Division) and Chief Operating Officer (Steel Business Unit). He retired from Guinness Anchor Berhad (presently known as Heineken Malaysia Berhad) in April 2011, as both the Finance Director and member of the Board of Director, after 10 years of service.
Mr. Low currently sits on the Board of Salutica Berhad.
He attended two out of two board of directors’ meetings held for the financial year since his appointment.
Mr. Low does not have any family relationship with any director and/or major shareholder of the Company. He has no conflict of interest with the Company 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.
Professor Datin Paduka Setia Dato’ Dr. Aini Binti Ideris
Independent Non-Executive Director
Professor Datin Paduka Setia Dato’ Dr. Aini Binti Ideris, aged 67, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 January 2016. She is also a member of the Audit and Risk Management Committees.
She graduated with Doctor of Veterinary Medicine (DVM) degree in 1979 from Universiti Pertanian Malaysia – UPM (currently, Universiti Putra Malaysia) and received her Masters in Veterinary Science (MVSc) Degree in Avian Medicine in 1981 from University of Liverpool, England. She was awarded PhD Degree in 1989 by UPM. She continued her post-doctoral training at University of California Davis, USA and was awarded Asian Development Bank Fellowship in 1993 for further post-doctoral training at Cornell University, USA.
Professor Aini is actively involved as Council Member of Malaysian College of Veterinary Specialists (MCVS), Member of Board of Governance of International Medical University (IMU) and International Medical College (IMC), Member of Board of Directors of Yayasan Putra Business School, Council Member of Malaysian Cancer Research Institute (MCRI) and Executive Member of National Cancer Council (MAKNA). She is the Founding Chairman, Board of Directors of UPM Holdings Sdn Bhd. and currently Board Member of UPM Holdings Sdn. Bhd. In December 2013, she was appointed as member of International Advisors of Women Issues, under the Minister at Prime Minister’s Department.
She is also a Council Member of Academy of Sciences Malaysia, Board Member of UPM Holdings; Education & Training, and the Founding Director for Corporate Strategy & Communications Office, UPM.
She held various administrative positions in UPM, such as Chairman of Veterinary Teaching Hospital, Deputy Dean Faculty of Veterinary Studies, Dean School of Graduate Studies, Deputy Vice Chancellor (Academic and International) and currently, she is the Vice-Chancellor of Universiti Putra Malaysia. She is also the Coordinator for the National Centre of Excellence for Swiftlets, under MOA, member of Investigating Tribunal Panel for the Advocates and Solicitors Disciplinary Board of the Bar Council, Malaysia and Vice President of the World Veterinary Poultry Association.
She attended five out of six board of directors’ meetings held for the financial year.
Professor Aini has no family relationship with any director and/or major shareholder of the Company. She is the Independent Non-Executive Director of Malayan Flour Mills Berhad. Besides this, she has no other conflict of interest with the Company. She 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.
Ms. Kow Poh Gek
Independent Non-Executive Director
Ms. Kow Poh Gek, aged 62, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She is also a member of the Audit, Risk Management, Nominating and Remuneration Committees.
She graduated with a Diploma In Commerce (Cost & Management Accounting) from Tunku Abdul Rahman College and a fellow member of The Chartered Institute of Management Accountants, UK.
Ms. Kow started her career as a Financial Assistant in April 1982. She has more than 35 years of experience in finance and management accounting, financial reporting, taxation, treasury, budgetary control, internal control systems and risk management within the investment holding, banking, hotel and resorts, direct selling, manufacturing and trading/services sectors. In January 2010, she joined EITA Holdings Sdn. Bhd. (now known as EITA) as the Finance cum Investors Relation Manager. She was later designated as the Chief Financial Officer in EITA in January 2012, a position she held till 31 December 2017.
During her tenure in EITA, she was involved in the preparation of EITA prospectus for its listing on the Main Board of Bursa Malaysia Securities Berhad in April 2012, formulation and documentation of accounting standard operating procedures, evaluation of financial position of companies targeted for merger and acquisition, overseeing the company’s financial reporting and entire accounts department, investor relations and risk management functions.
She is also an Independent Non-Executive Director of GDB Holdings Berhad since 14 December 2017.
She attended all six board of directors’ meetings held for the financial year.
Ms. Kow Poh Gek has no family relationship with any director and/or major shareholder of the Company. She has no conflict of interest with the Company and she 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.
Ms. Chan Wai Yen, Millie
Independent Non-Executive Director
Ms. Chan Wai Yen, Millie, aged 64, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She is also a member of the Audit Committee and Risk Management Committee.
She graduated with a Bachelor of Laws Degree with First Class Honours from the University of Malaya, 1980.
Ms. Chan was admitted as an Advocate and Solicitor to the High Court of Malaya in 1981. She commenced legal practice in Maxwell, Kenion, Cowdy & Jones, a law firm in Ipoh. In 1984, Ms. Chan co-founded the legal firm W Y Chan & Roy, and continued to practice law in Malaysia until 2007.
Ms. Chan’s practice focus in Malaysia during the first seven years of practice was in civil and commercial litigation. In the following 2 decades, her practice concentrated on corporate securities and 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 national law firm in Canada, and was a member of BLG Tax Group and the Corporate & Commercial Group. She was also BLG Senior Consultant for Asia Pacific Market. She advises high net worth families, particularly business families in Asia, in the area of holistic global estate planning, involving inter-generational wealth transfer, asset protection, and capital preservation. In addition, she assists families to establish strategies and processes to promote family governance, maintain family unity, and uphold family identity and integrity. She works with an extensive contact base of financial institutions and offshore service providers for trust, foundations, and corporations.
Ms. Chan applied to be a non-practicing lawyer in British Columbia in 2018 in order to concentrate on consulting with business families and individuals, particularly in Asia, in the area of holistic global estate planning under Legacy 127 Consulting Inc. She remains the Senior Consultant for BLG. In April 2019, Ms. Chan is appointed a Consultant of Shearn Delamore & Co, a legal firm in Malaysia.
She attended all six board of directors’ meetings held for the financial year.
Ms. Chan Wai Yen has no family relationship with any director and/or major shareholder of the Company. She has no conflict of interest with the Company and she 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.
Ms. Cynthia Toh Mei Lee
Independent Non-Executive Director
Ms. Cynthia Toh Mei Lee, aged 46, female, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 April 2018. She is also a member of the Audit and Risk Management Committees.
She graduated with a Bachelor of Commerce from Monash University in 1994 and Bachelor of Laws from Monash University in 1996.
Ms. Cynthia Toh is an Advocate & Solicitor of the High Court of Malaya. She is partner of the law firm, Messrs. Wong Beh & Toh since 2002.
In 1997, she completed her pupillage at Messrs. Presgrave & Matthews and was admitted as an advocate and solicitor in the High Court of Malaya in the same year. She worked as a legal assistant at Messrs. Presgrave & Matthews until 2002 when Messrs. Wong Beh & Toh was set up. She is one of the founding partners of Messrs. Wong Beh & Toh.
She practices in the areas of equity corporate finance, mergers and acquisitions as well as private company advisory work. She is also involved in various other corporate and commercial matters.
She has been involved in both domestic and cross-border transactions. Her experience includes, debt and equity securities offerings, corporate restructurings of insolvent companies, takeovers, mergers and acquisitions of companies and businesses, 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 attended all six board of directors’ meetings held for the financial year.
Ms. Cynthia Toh has no family relationship with any director and/or major shareholder of the Company. She has no conflict of interest with the Company and she 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. Wee Beng Chuan
Independent Non-Executive Director
Mr. Wee Beng Chuan, aged 57, male, Malaysian, was appointed as an Independent Non-Executive Director of the Company on 1 July 2020. He is also a member of the Audit, Nominating, Remuneration and Risk Management Committees.
Mr. Wee obtained his qualifications from the Association of Chartered Certified Accountants in 1988 and commenced his professional training in an audit firm in London, England in 1989. He joined KPMG Malaysia in 1993 upon his return to Malaysia and was admitted as an audit partner of KPMG Malaysia in 2003 until his retirement from the firm on 31 December 2017.
He has been the partner in charge of KPMG Malaysia Sabah region covering officers in Kota Kinabalu, Sandakan, Tawau and Labuan; thereafter he was the partner in charge of KPMG Malaysia Southern region covering offices in Johor Bahru and Melaka. He was also a member of KPMG Malaysia Executive Committee from 2014 to 2016.
He is a member of the Malaysian Institute of Accountants and a Fellow member of the Association of Chartered Certified Accountants.
Mr. Wee has extensive experience in the audit of a wide range of companies which include public listed companies and multinationals in various industries, including manufacturing of industrial products, consumer products and services, plantation, property development and construction, transportation and logistics. He is also an experienced reporting accountant who has worked on numerous Initial Public Offerings and various fund raising exercises in the Capital Market.
He will attend the board of directors’ meetings to be held for the financial year 2021 onwards.
Mr. Wee does not have any family relationship with any director and/or major shareholder of the Company. He has no conflict of interest with the Company 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.
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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