LPI Capital Bhd announced the re-designation of Mr. Tee Choon Yeow, age 71, male, as Non-Independent and Non Executive from Independent Director. Qualifications: Bachelors Degree in Commerce from University of Canterbury, New Zealand. Professional Qualification: Chartered Accountant from Institute of Chartered Accountants, New Zealand.

Professional Qualification: Chartered Accountant from Malaysian Institute of Accountants. Professional Qualification: Fellow of the CPA from CPA Australia. Mr. Tee joined the Company as an Accountant in 1980.

He was the Chief Executive Officer/Executive Director of the Company until he retired in 2013 and thereafter served as a Non-Independent Non-Executive Director of the Company. Mr. Tee was re-designated as Independent Non-Executive Director with effect from 1 March 2015 and appointed as Co-Chairman of the Company on 8 July 2015. Mr. Tee was re-designated as Independent Non-Executive Chairman of the Company with effect from 19 January 2023.

Mr. Tee Choon Yeow re-designated from Independent Non-Executive Chairman to Non-Independent Non-Executive Chairman with effect from 1 March 2024 upon reaching the maximum 9 years tenure as Independent Non-Executive Director.