Lee Han Ming steps down as Tropicana’s CEO

KUALA LUMPUR (April 21): Tropicana Corp Bhd announced that Lee Han Ming will step down as its chief executive officer (CEO), effective May 1, 14 months after he took over the post.

Tropicana said in a bourse filing that 55-year-old Lee would resume a new assignment and position to focus on and expand group property development.

According to the filing, Lee currently holds 26,892 ordinary shares (direct interest) in the company.

Lee, who joined Tropicana in 2018 as the group managing director of the project division, was promoted as the group’s CEO on Feb 4, 2021.

Tropicana’s share closed 0.5 sen higher at 98.5 sen on Thursday, valuing the group at RM1.64 billion. Year to date, the counter has fallen 7.08%.