The Board of Directors of NagaCorp Ltd. announced with great sadness that Tan Sri Dr. Chen Lip Keong an executive director of the Company, passed away on 8 December 2023 due to illness. Dr. Chen had established a solid foundation of the Group after more than 28 years of steady growth. His many years of entrepreneurial, business and managerial experiences had been instrumental to the Group's success.

Under Dr. Chen's visionary leadership, the Group has been achieving remarkable growth and development after years of careful navigation of the business and skillful and strategic management.