[SUNWAY] Alternate Director APPOINTMENT - MR EVAN CHEAH YEAN SHIN on 21-Feb-2024

Announcement Date
Board Member Information:
Date of Change
Type of Change
Alternate Director
Working Experience
Mr Evan Cheah Yean Shin ("Mr Evan Cheah") is currently the Group Chief Executive Officer ("CEO") for Digital and Strategic Investments in Sunway Group, a leading Malaysian conglomerate with multi-industry interests in property development, property investment, construction, healthcare, leisure and hospitality, retail mall management, fund management, building materials & industrial distribution and manufacturing. 

He has more than 10 years of experience in general management, investments and technology across various businesses within Sunway Group. 

Prior to his current role, he was the CEO of Sunway Group's China operations responsible for its China Corporate Office. Concurrently, he was the Executive Vice President-President's Office driving new business growth and synergies for Sunway Group. 

Mr Evan Cheah sits on the board of Sunway Construction Group Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad, as a non-independent non-executive director. He currently also sits on the boards of various private operating companies including as Chairman of the Board for Credit Bureau Malaysia Sdn Bhd, Sunway Money Sdn Bhd, Multicare Health Pharmacy Sdn Bhd and Tianjin Eco-City Sunway Property Development Co. Ltd..
Directorship of Public Companies
Sunway Construction Group Berhad
Family Relationship
Mr Evan Cheah Yean Shin is the child of Tan Sri Sir Dr Jeffrey Cheah Fook Ling who is the Executive Chairman and major shareholder of Sunway Berhad ("Sunway"). He is also the sibling of Ms Sarena Cheah Yean Tih, an Executive Director and major shareholder of Sunway.
Conflict of Interest
Mr Evan Cheah is a Director and major shareholder of Sunway Technology Sdn Bhd ("STSB"). He is also a Director in several subsidiaries of STSB, in which their business activities comprise information technology solutions providers. 
STSB is a mandated related party under the shareholders' mandate for recurrent related party transactions of a revenue or trading nature. Tan Sri Sir Dr Jeffrey Cheah Fook Ling, Ms Sarena Cheah Yean Tih and Mr Evan Cheah will abstain from deliberating and voting on any transactions made between Sunway Group and STSB group of companies.
Mr Evan Cheah holds 4,817,855 ordinary shares and 839,039 Irredeemable Convertible Preference Shares ("ICPS") in Sunway.

Mr Evan Cheah has deemed interest in 3,545,115,286 ordinary shares and 707,412,426 ICPS of Sunway by virtue of Section 8 of the Companies Act 2016 held through Active Equity Sdn Bhd, Sungei Way Corporation Sdn Bhd, Jef-San Enterprise Sdn Bhd and parent.
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