KUALA LUMPUR (Dec 31): Tan Chong Motor Holding Bhd has appointed Ho Wai Ming as its group chief executive officer (CEO), effective tomorrow (Jan 1, 2020).
Prior to this, Ho, 48, was the group's chief financial officer from Jan 1, 2015. Being with Tan Chong Group for 14 years, he has been involved in various financial and corporate management functions within the group, Tan Chong said in a Bursa Malaysia filing today.
He will succeed Datuk Dr Khor Swee Wah, who will be redesignated as deputy president, also starting Jan 1.
Tan Chong Motor shares settled unchanged at RM1.33 today, giving it a market capitalisation of RM867.96 million. The stock is little changed from a year ago.