KUALA LUMPUR (June 21): SEG International Bhd (SEGi) on Wednesday (June 21) announced a slew of boardroom changes, including the appointment of Chong Poh Yee and Stella Lau Kah Wai as its new executive directors.

Chong, 55, joined the private tertiary education provider in 2000 as a financial controller, according to the group's bourse filing. She was redesignated as group chief financial officer in 2014 and later promoted to managing director for corporate affairs and alliances.

Lau, 53, joined SEGi College Sarawak in 1999 as a lecturer and was promoted to leadership roles before being relocated to peninsular Malaysia in 2011 as SEGi's chief operating officer and later as managing director for SEGi's university and colleges in 2022.

Chong holds a 0.1% direct stake or 1.22 million shares in SEGi, while Lau holds a 0.04% direct stake or 490,285 shares in the group.

In separate filings, SEGi announced the appointment of four new independent and non-executive directors: Datuk Hew Lee Lam Sang, Chong Ying Choy, Chang Tuck Chee @ Philip Chang and Tong Lai Ling.

Hew sits on the board of Parkwood Holdings Bhd and Hong Kong-listed TIL Enviro Ltd, while Ying Choy is the chairman of Australia-listed VGX Ltd.

SeGi has also announced the retirement of Datuk Siew Boon Yeong and Datuk Goh Leng Chua as non-independent and non-executive directors. Siew holds a 0.31% direct stake or 3.77 million shares in SEGi.

Shares in SEGi closed unchanged at 65.5 sen on Wednesday, valuing the group at RM822.78 million.