Muar Ban Lee Group Berhad announced the Re-designation of Tan Sri Dato' Seri Tan King Tai @ Tan Khoon Hai from Executive Director to Chairman. Date of change is 05 October 2023. Age is 68.

Tan Sri Tan has over 40 years of working experience in the fields of auditing, accounting and corporate finance. He joined Muar Ban Lee Group Berhad on 30 June 2009.Tan Sri Tan joined SWS Capital Berhad as an Executive Director on 30 November 2003 and resigned on 26 October 2010. He was subsequently appointed as the Deputy Executive Chairman on 23 December 2015 and re-designated as Executive Chairman on 16 November 2016.

On 2 February 2021, he was re-designated as Non-Executive Chairman of SWS Capital Berhad. Tan Sri Tan also joined Symphony Life Berhad as Non-Executive Director on 2 September 2021. He was re-designated as Executive Chairman of Symphony Life Berhad on 15 November 2021.

On 1 October 2023, he re-designated as Non-Executive Chairman.Tan Sri Tan had in the past served on the Board of a few public listed companies, namely Eka Noodles Berhad, Pensonic Holdings Berhad, Unimech Group Berhad and Denko Industrial Corporation Berhad. Tan Sri Tan also sits on the Board of several private limited companies.