KUALA LUMPUR (Jan 23): Star Media Group Bhd has appointed Chan Seng Fatt as its new group chief executive officer, effective March 1, 2024.

Following the appointment, Chan resigned from the group’s boardroom as an independent non-executive director effective Feb 29, 2024. He first joined the group's board in August 2018.

Chan is succeeding Alex Yeow Wai Siaw, who will be stepping down after completing his employment contract at the end of next month.

“Chan brings with him an extensive career exposure spanning more than 30 years covering various aspects of experience namely external and management auditing, financial management, corporate finance, stockbroking and senior level operation and general management.

“Chan was the chief executive officer of Tradewinds Plantation Bhd for five years from 2007 to 2012. Prior to joining Tradewinds Group, he held several senior positions in various public and private companies,” the group said in a local bourse filing on Tuesday.

Chan also holds directorships in Salcon Bhd and Skyworld Development Bhd.

Shares in Star Media finished 0.5 sen or 1.19% lower at 41.5 sen on Tuesday, giving it a market capitalisation of RM307 million.

Editor’s note: The Edge Communications Sdn Bhd, which publishes The Edge Malaysia, has a 5.17% interest in Star Media Group Bhd