CHOY KHAI CHOON

Choy Khai Choon, male, a Malaysian, aged 65, is an independent non-executive director of Hap Seng Plantations Holdings Berhad and was appointed to this position on 20 November 2017. He is also a member of the Audit Committee.

Mr. Choy is the non-independent non-executive chairman of Zurich Life Insurance Malaysia Berhad, Zurich General Insurance Malaysia Berhad and Kenanga Investors Berhad, a wholly-owned subsidiary of Kenanga Investment Bank Berhad (Kenanga Investment). He is also an independent non-executive director of MSM Malaysia Holdings Berhad as well as a non-independent non-executive director of Kenanga Investment. In addition, Mr. Choy is also a board member of Asian Banking School Sdn Bhd and Bond and Sukuk Information Platform Sdn Bhd, a non-profit information platform established to provide free public access to information on bonds and sukuk issued in Malaysia, as well as a member of the Labuan Financial Services Authority (Labuan FSA).

Mr. Choy has extensive experience in the financial sector and had served as the president/chief executive officer of Cagamas Berhad for 6 years before retiring in March 2012. Prior to that, he was the senior general manager, Head of Group Business Engineering of RHB Banking Group and held various senior positions with Aviva Insurance Group and Credit Corporation Malaysia Berhad.

Mr. Choy holds a Master in Business Administration from Oklahoma City University, USA and Bachelor of Commerce from University of New South Wales, Australia. He also attended general management programme at INSEAD, France. In addition, he is a Fellow of the Certified Practising Accountants Australia and member of the Malaysian Institute of Accountants.

Mr. Choy does not have any family relationship with any director and/or major shareholder nor does he have any conflict of interests with the Company. He has not been convicted of any offence in the past 5 years and there was no public sanction or penalty imposed by the relevant regulatory bodies during the financial year ended 31 December 2022.

He attended all the 5 board meetings held during the financial year ended 31 December 2022.