COUNTRY HEIGHTS HOLDING BERHAD


Board of Directors

Y. Bhg. Tan Sri Lee Kim Tiong @ Lee Kim Yew
Executive Chairman
Malaysian, 64 years of age

Tan Sri Lee Kim Tiong @ Lee Kim Yew, the founder of Country Heights Holdings Berhad, was first appointed to the Board on 1 October 1986. He was re-designated as the Chairman of Country Heights Holdings Berhad on 2 June 2016. Subsequently, he was, on 1 October 2016, re-designated as the Executive Chairman.

Tan Sri Lee Kim Tiong @ Lee Kim Yew is an established innovative entrepreneur who has stamped his mark in many industries. He has over 30 years of vast experience in developing residential, industrial park, hotel and leisure, commercial and recreation projects. His strong business acumen and visionary leadership are the keys ingredients which led the Group’s successful completion of several highly acclaimed projects. Country Heights Damansara and Borneo Highlands Resort have won the “Highly Commended – Best Development Malaysia” and “Highly Commended - Best Golf Development Malaysia” awards respectively in the Asia Pacific Residential Property Awards in association with Bloomberg Television 2010. Country Heights Holdings Berhad was awarded “Best Brands Conglomerate Awards 2010-2011”.

His magnificent development by transforming the one of the World’s largest open cast tin mine into a flagship development such as Palace of the Golden Horses, Mines Wellness Hotel, Mines Waterfront Business Park, Mines International Exhibition & Convention Centre (“MIECC”), Mines Wonderland and Mines Resort & Golf Club or better known as “Mines Resort City”. The Mines Resort City has earned the National Creativity & Innovation Award by the Malaysian Design Technology Centre in 2004.

In recognition of his immeasurable contribution to the property development and hospitality industry in Malaysia, Tan Sri Lee Kim Tiong @ Lee Kim Yew has been bestowed with the “Lifetime Achievement Award” in the 2008 Technology Business Review ASEAN Awards.

In 2014, Tan Sri Lee Kim Tiong @ Lee Kim Yew was appointed as Advisor to Country Heights Holdings Berhad and its Group of Companies to provide advisory service on the Group’s strategic business development. With the designation as the Chairman of the Company, Tan Sri Lee Kim Tiong @ Lee Kim Yew had resigned as the advisor.

Tan Sri Lee Kim Tiong @ Lee Kim Yew also sits on the Board of Golden Horse Palace Berhad, Mines Wellness Hotel Berhad and several other private companies. He has no directorship in other public listed companies.

Tan Sri Lee Kim Tiong @ Lee Kim Yew is the father of Ms. Lee Cheng Wen, the Deputy Chairman of Country Heights Holdings Berhad, and Mr. Lee Thai Young Matahari, the Executive Director of Country Heights Holdings Berhad.

In view of his direct interest in Country Heights Holdings Berhad and substantial shareholdings in Country Heights Venture Sdn Bhd and Country Heights International Sdn Bhd, he is deemed interested in certain related party transactions of a revenue or trading nature which are necessary for the day-to-day operations of the Group.

Ms. Lee Cheng Wen 
Deputy Chairman
Non-Independent Non-Executive Director
Malaysian, 33 years of age

Ms. Lee Cheng Wen was appointed to the Board on 1 October 2009 and was the Group Chief Executive Officer since 21 June 2011 until she was re-designated as the Deputy Chairman of Country Heights Holdings Berhad on 1 October 2016. Ms. Lee Cheng Wen was appointed as the Chairperson of the Nomination & Remuneration Committee and a member of the Audit & Risk Management Committee on 1 October 2016. She resigned as the Chairperson of the Nomination & Remuneration Committee and was redesignated as a member of the Nomination & Remuneration Committee on 10 April 2018.

Ms. Lee Cheng Wen graduated with a Bachelor of Science in Corporate Finance and Organisational Management from the University of Southern California, United States. She also holds a Diploma in Advance Technology from University of Cambridge, United Kingdom.

Ms. Lee Cheng Wen officially joined Country Heights Holdings Berhad on 7 July 2008. She was attached with the Managing Director’s office prior to her post in managing Country Heights Damansara. During her tenure there, she managed to elevate sales and improve the overall financial stability of the division. In June 2009, she was appointed as the General Manager of Palace of the Golden Horses. She turned around the profitability of a few divisions in Palace of the Golden Horses and her portfolio organically grew to oversee the hospitality and health division. She was then re-designated to Chief Executive Officer of Country Heights Hospitality and Health Division.

Under her portfolio, the Hospitality and Health Division became the second major revenue contributor in Country Heights Holdings Berhad. In line with the Company’s vision of “Ever Searching for Better Living”, she has also spearheaded the project to transform Mines Resort City to Mines Wellness City, an innovative enhancement on the Group’s flagship project.

Prior to joining Country Heights, Ms. Lee Cheng Wen interned at Goldman Sachs and various non-profit organisations. Her analytical skills and strong leadership talent also made her the sole delegate for Malaysia in the Global Young Leaders Summit for 2004 and 2005 in the US and Europe.

Ms. Lee Cheng Wen’s business achievements and prowess in corporate Malaysia is recognised and respected. She was awarded the Women Excellence Award under category of Young Women Entrepreneur Outstanding Achievement in 2014 and The Golden Globe Tiger Award under category of Women Leadership in 2015.

Ms. Lee Cheng Wen has also been accorded with ‘2016 China Daily Asian Women Leadership Awards’, a joint initiative by China Daily and Asia News Network to Asian women for their outstanding career achievements and strategic influence in their societies. The Award recognises dynamic and dedicated women who are agents of change for the empowerment of women, and those who are role models in entrepreneurship, innovation, finance, media, culture, sports, environment, education, health care, tourism, public services and charity.

She sits on the Board of Golden Horse Palace Berhad, Mines Wellness Hotel Berhad and Borneo Highlands Hornbill Golf & Jungle Club Berhad. She is also a director of several private companies and has no directorship in other public listed companies.

Ms. Lee Cheng Wen is the daughter of Tan Sri Lee Kim Tiong @ Lee Kim Yew, the Executive Chairman of Country Heights Holdings Berhad and also the sister of Mr. Lee Thai Young Matahari, the Executive Director of Country Heights Holdings Berhad. She is deemed interested in certain related party transactions of a revenue or trading nature which are necessary for day-to-day operations of the Group.

Mr. Ong Tee Chin 
Independent Non-Executive Director
Malaysian, 55 years of age

Mr. Ong Tee Chin was appointed to the Board on 20 September 2017 as an Independent Non-Executive Director. He was also appointed as a member of the Audit & Risk Management Committee and Nomination & Remuneration Committee of the Board on 20 September 2017. On 10 April 2018, he was re-designated as the Chairman of the Nomination & Remuneration Committee. On 12 April 2019, he was redesignated as the Chairman of the Audit & Risk Management Committee and as a member of the Nomination & Remuneration Committee.

Mr. Ong Tee Chin graduated with a Bachelor of Pharmacy from University Science Malaysia and a Bachelor of Laws from University of London.

Mr. Ong Tee Chin is a CFA® charterholder and a certified Financial Risk Manager (“FRM”) awarded by the Global Association of Risk Professionals. He is a Chartered Accountant, member of Malaysian Institute of Accountants (“MIA”), Association of Chartered Certified Accountants (“ACCA”), Chartered Institute of Management Accountants (“CIMA”) and a graduate member of Malaysian Institute of Certified Public Accountants (“MICPA”). He was also the prize winner for Advance Taxation, Malaysian variant conducted by ACCA in December 2002. Also, he holds a capital market representative license from Securities Commission Malaysia required for providing advisory work on corporate finance.

His previous experiences include an attachment with one of the Big Four International Accounting Firms and he was a finance director for a number of listed companies with operations in Malaysia and Asia Pacific. His past ten years of experience was heading a licensed corporate finance company in Malaysia, providing corporate finance advisory functions including producing equity valuation and expert reports, independent advice letters and investment research for a diversified range of industries.

Mr. Ong Tee Chin is a director and shareholder of Asia Equity Research Sdn Bhd, a company specialising in providing advisory in corporate finance and investment advice.

Mr. Ong Tee Chin has no directorship in other public listed companies.

Mr. Chew Chong Eu 
Independent Non-Executive Director 
Malaysian, 57 years of age

Mr. Chew Chong Eu was appointed to the Board on 29 April 2008 as an Independent Non-Executive Director. He is also a member of the Audit & Risk Management Committee and Nomination & Remuneration Committee of the Board. On 12 April 2019, he was re-designated as the Chairman of the Nomination & Remuneration Committee.

Mr. Chew Chong Eu is a Chartered Accountant. He graduated with a Bachelor of Commerce from the University of Canterbury and is a member of the Malaysian Institute of Accountants, Institute of Chartered Accountants in Australia and New Zealand Institute of Chartered Accountants.

He has over 30 years of experience in insolvency and financial rescue in Malaysia and Australia. He is also actively involved in providing professional advice to various Australian companies looking to invest in Asia and vice-versa. He also has experience in audit, tax, and management consultancy services. His industry experience includes hotel and tourism, transportation, printing and manufacturing, retail and property development.

He has also acted as Head of Corporate Finance for Schroders Advisory Services and Perdana Merchant Bankers Berhad. Whilst in service, he successfully assisted companies in various industries to restructure for the purpose of initial public offerings, completed equity, debt or equitylinked capital raising exercises, in addition to being involved in several reverse take-over and privatization exercises, and the valuation of a wide range of assets including infrastructure projects, licenses and other intangibles.

In 2000, Mr. Chew Chong Eu entered into a joint venture with BDO Binder and formed BDO Capital Consultants Sdn Bhd (“BDO Capital”), the corporate finance and insolvency division of BDO Binder. He was appointed as the Chief Executive Officer of BDO Capital, where he took on appointments in corporate advisory for debt restructuring and turnaround exercises of several public listed and private companies.

In 2005 until present, together with a number of his colleagues from BDO Capital, he established Covenant Equity Consulting Sdn Bhd, to provide quality corporate finance and advisory services with a personal touch across the Asia Pacific Region. In 2009, he was appointed as the Quality Control Director of PKF Malaysia, a member of PKF International, one of the world’s top accounting and business advisory organisation. He remains as the Senior Partner as of date. Mr. Chew Chong Eu was also appointed as the Regional Chairman of PKF International for the Asia Pacific Region, and a member of the board of PKF International.

Mr. Chew Chong Eu is also a Director of High-5 Consolidated Berhad. He has no directorship in other public listed companies.

Ms. Lee Sow Lin
Executive Director
Malaysian, 59 years of age

Ms. Lee Sow Lin was appointed to the Board on 7 June 2016 as an Executive Director. She was previously a Director of Country Heights Holdings Berhad from 2004 to 2008.

Ms. Lee Sow Lin holds a Bachelor of Economics Degree from Monash University, Melbourne, Australia. She brought with her a wealth of experience in the financial and banking industry. She was previously attached to the Hong Leong Financial Group for 15 years holding various senior positions in commercial banking, corporate banking and branch operations. In Hong Leong Finance, Ms. Lee Sow Lin was spearheading the overall real estate lending in Malaysia where she led and managed project financing and lending to property companies.

In Hong Leong Bank, Ms. Lee Sow Lin was part of the core team that led the commercial banking functions after acquiring MUI Bank. She was involved in the commercial banking and corporate banking business and later in branch operations.

Ms. Lee Sow Lin joined Tan Sri Lee Kim Tiong @ Lee Kim Yew’s private arm business in December 1999 where she was involved in managing his personal companies’ gearing and funding requirements including overseeing his companies’ corporate exercise matters.

During her directorship in Country Heights Holdings Berhad from 2004 to 2008, Ms. Lee Sow Lin was responsible in steering the restructuring of certain debts of the Group, namely the Cumulative Redeemable Preference Shares (“CRPS”) which involved the issuance of Redeemable Convertible Secured Loans Stock (“RCSLS Series A & B”). She was also instrumental in getting CapitaLand Singapore to purchase the Mines Shopping Mall for the settlement of the loan stock RCSLS Series A & B.

In her current position as Executive Director of Country Heights Holdings Berhad, Ms. Lee Sow Lin is responsible to oversee the Group’s corporate exercises and assists the Executive Chairman (during his absence) to oversee the Group’s overall management. Ms. Lee Sow Lin also helps to liaise with bankers, stakeholders (including potential investors) and oversee the strategic business alliances for the Group.

Ms. Lee Sow Lin has no directorship in other public listed companies.

MR. LEE THAI YOUNG MATAHARI
Executive Director
Malaysian, 28 years of age

Mr. Lee Thai Young Matahari was appointed to the Board on 7 June 2016 as an Executive Director.

Mr. Lee Thai Young Matahari grew up in Malaysia and has attended local private Chinese schools for both primary and secondary school education. Following the footsteps of his older siblings, he chose to complete his higher education in the United States. Prior to finding his true interest and love for the environment, he attended the Santa Monica Community College and completed his pre requisites to major in economics, philosophy and photography before transferring to the University of Nevada, Las Vegas. He completed his higher education career with a Bachelor’s Degree in Urban Affairs, majoring in Environmental Studies and a minor in solar and renewable energy.

He officially joined Country Heights International Sdn Bhd in 2015 as a director upon returning to Malaysia after a six year stint in the United States. He involves himself with several different businesses locally and internationally. As of now he is working for Country Heights Holdings Berhad, seeking foreign investment opportunities outside of Malaysia that mainly revolves around the real estate developments and investments sectors. On the other hand, Mr. Lee Thai Young Matahari is also tasked with managing nine properties under Matahari Homes LLC, a Las Vegas based real estate investment company founded by Tan Sri Lee Kim Tiong @ Lee Kim Yew. His portfolio is to ensure property up keeps as well as generating rental income and capital gains.

Mr. Lee Thai Young Matahari was also an international sales representative for Sprung Structures, Canada, the pioneer creators for stress membrane structures in the world.

During his first year of involvement with Sprung in 2012, he has helped managed the construction of a marquee conference hall structure for the Warwick Le Lagon Resort located in Vanuatu. The 11,000 sq ft structure has housed several European Union Conferences since its inception and was used as an emergency shelter during the devastating events of Tropical Cyclone Pam in early 2015.

He is a director of several private companies and has no directorship in other public listed companies.

Mr. Lee Thai Young Matahari is the son of Tan Sri Lee Kim Tiong @ Lee Kim Yew, the Executive Chairman of Country Heights Holdings Berhad and also the brother of Ms. Lee Cheng Wen, the Deputy Chairman of Country Heights Holdings Berhad. He is deemed interested in certain related party transactions of a revenue or trading nature which are necessary for the day-to-day operations of the Group.

Mr Ricky Yip Chun Mun
Executive Director
Malaysian, 56 years of age

Mr. Yip Chun Mun was appointed to the Board on 7 June 2016 as an Executive Director.

Mr. Yip Chun Mun holds a Bachelor’s Degree in Administrative Studies from York University, Toronto, Canada. He is currently the Executive Director for Palace of the Golden Horses and Managing Directors of GHHS Healthcare, GHHS Chinese Medical Centre and GHHS Wellness & Spa. He is also the Chief Executive Officer of Palace Vacation Club and Mines Global Holidays Sdn Bhd (inbound travel agency).

Mr. Yip Chun Mun is currently the Chairman of the Malaysian Holiday Timeshare Developers’ Federation (“MHTDF”). He has over 30 years of experience in the Malaysian timeshare industry. Mr. Yip Chun Mun started Mines Marketing Sdn Bhd, a marketing agency for Country Heights Group in January 1999 as a Director and General Manager and has since marketed a variety of memberships and property products for Country Heights Group including GHHS Health United, Palace Vacation Club, Mines Golf membership, Hornbill Golf membership, Dignitaries Club and Heritage Serviced Residences. To-date, he has recruited more than 40,000 members for these various memberships and generated over RM1 billion sales revenue.

His other accomplishments include conceptualising and marketing the 1st in Malaysia oil palm farm sharing investment scheme named Country Heights Growers Scheme to more than 10,000 investors and generated an investment fund of over RM200 million. He had previously marketed and led the sales and marketing division of Palace of the Golden Horses, Mines Wellness Hotel and Borneo Highlands Resort. On the tourism business, he has developed and marketed tourism products for golf tourism, education program, property tourism, “Malaysia My Second Home” program, and medical tourism packages specifically targeted to the Middle East, China, Korea, Vietnam and Indonesia markets.

Mr. Yip Chun Mun is also a Director of Golden Horse Palace Berhad, Country Heights Timeshare Berhad, Mines Excellent Golf Resort Berhad and several private companies. He has no directorship in other public listed companies.



*Note:

Save as disclosed above, none of the Directors has
any family relationship with any Directors and/or Major Shareholders of the Company
any conflict of interest with the Company

Conviction for Offences
None of the Directors has been convicted for offences within the past 10 years other than traffic offences.

Attendance of Board Meetings
The attendance of the Directors at Board of Directors’ Meetings is disclosed in the Corporate Governance Statement.