[OCR] Managing Director REDESIGNATION - MR ONG KAH HOE on 19-Aug-2016

Announcement Date
19-Aug-2016

Board Member Information:
Date of Change
19-Aug-2016
Type of Change
REDESIGNATION
Previous Position
Director
New Position
Managing Director
Designation
Managing Director
Directorate
Executive
Age
41
Gender
Male
Nationality
Malaysia
Qualification
Mr. Ong graduated from the University of Coventry, U.K. in 1997 with a Bachelors Degree (Honours) in Business Administration.
Working Experience
After graduation, Mr. Ong worked for a few years as a marketing executive in established manufacturing & property companies gaining valuable experience in the process. He now has over 15 years of property development and construction experience and currently holds a management role with OCR Land Holdings Sdn. Bhd. ("OCR"). He joined the OCR group in year 2001 as Managing Director and started off to take charge of its Dahlia Villa Townhouse project in an upscale neighbourhood. While serving as Managing Director, he successfully developed and completed well-received developments. Currently, he plays an important role to manage and oversee the on-going development projects.

Apart from that, he is also involved in construction companies where he has successfully led and completed the implementation of numerous construction projects including residential and hotel. He is a Director of Dynavance Construction Sdn. Bhd., a company engaged in general construction.
Family Relationship
Conflict of Interest
Mr. Ong is one of the interested party in the Letter of Award for the construction of a commercial building from OCR Land Holdings Sdn. Bhd., a major shareholder of the Company, to Takaso Land Sdn. Bhd., a wholly-owned subsidiary of the Company.
Interest
Direct interest - 16,087,300 (7.04%)
 Indirect interest - 41,413,800 (18.12%)
 (The indirect interest is via parents and siblings' shareholdings and also via Inter-Pacific Equity Nominees (Tempatan) Sdn. Bhd. and Kenanga Nominees (Tempatan) Sdn. Bhd., pledged securities account for OCR Land Holdings Sdn. Bhd. in which Mr. Ong is deemed interested pursuant to Section 6A of the Companies Act, 1965.
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