MR PHUAH CHENG PENG

Name
MR PHUAH CHENG PENG
Nationality
Malaysia
Gender
Male
Age
44
Designation
Member of Risk Committee
Directorate
Executive
Qualification
Mr Phuah Cheng Peng obtained his Bachelor in Mechanical Engineering from Universiti Teknologi Malaysia.
Working Experience
He started his career in the planning and designing of major
infrastructural work for township development, construction and project management. In 2005, he ventured into property development mainly on landed development of affordable housing in the northern region. In 2010, he managed to procure several high potential land and lead a group of professionals to pursue on high-rise and landed development in Penang, Kedah, Kelantan and Klang Valley. He was appointed as Managing Director of GSD Group of Companies and its associate companies, which are involved in property development and construction, in 2010. He had successfully completed a number of iconic projects in Penang Island with a total gross development value of more than RM 1.5 billion which consist of 1,600 units of mixed residential and commercial properties. Under his leadership, he had also completed a number of construction projects with value of more than RM650 million. He had also successfully completed 1,200 units of mixed development mainly affordable housing and commercial unit in Kedah, Penang and Kelantan with gross development value of more than RM 300 million. He left GSD Group of Companies and its associate companies in 2016 but was appointed as an advisor to the Group. Currently, he is also being appointed as an advisor to few development and construction projects in the northern region.
Interest
Direct Interest: 86,364,500 ordinary shares (4.371%) and 1,500,000 Warrant A(0.340%) in Luster Industries Bhd.
Deemed Interest: 1,500,000 ordinary shares (0.076%) in Luster Industries Bhd.
Direct (units)
245,614,500
Direct (%)
8.13%
Indirect (units)
500,000
Indirect (%)
0.02%
Total (units)
246,114,500
Total (%)
8.15%
Date of Notice
09-Sep-2022

Details of Changes
Securities After Change
Transactions
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