Tillkännagivande • Jun 19
EC Excel Holdings Berhad Appoints Lok Boon Cheng as Chief Operating Officer, Effective June 19, 2026 EC Excel Holdings Berhad announced the appointment of Mr. Lok Boon Cheng as Chief Operating Officer, effective June 19, 2026. Mr. Lok Boon Cheng is 62 years old, male, and Malaysian. He holds a Bachelor Degree in Civil Engineering from University of Malaya. He is a Professional Engineer certified by the Board of Engineer Malaysia and a Member of the Institution of Engineers, Malaysia. Mr. Lok Boon Cheng has more than thirty-five (35) years of experience in the steel manufacturing industry. He began his career as an engineer in Engineering and Environmental Consultants Sdn Bhd. In 1988, he joined Hume Industries Bhd as a Product/Marketing Engineer until 1991. He subsequently joined Southern Steel Berhad in May 1991 as a Technical Engineer and was progressively promoted to be Senior General Manager. During his tenure as Senior General Manager, he was responsible for overall business operations, including the manufacturing of welded mesh and cut-and-bend reinforcement bars, as well as the sales and marketing of steel billets and steel bars. He was also a director and board member of Steel Industries Sabah Sdn Bhd. He left Southern Steel Berhad in 2012 and subsequently joined Chin Hin Group to spearhead the setting up of Metex Steel Sdn Bhd. He was appointed as Chief Executive Officer of Metex Steel Sdn Bhd in 2016 after serving as Executive Director since 2012. Reported Earnings • May 30
First quarter 2026 earnings released: EPS: RM0.013 (vs RM0.006 in 1Q 2025) First quarter 2026 results: EPS: RM0.013 (up from RM0.006 in 1Q 2025). Revenue: RM81.1m (up 29% from 1Q 2025). Net income: RM2.56m (up 145% from 1Q 2025). Profit margin: 3.2% (up from 1.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 29
K. Seng Seng Corporation Berhad, Annual General Meeting, May 28, 2026 K. Seng Seng Corporation Berhad, Annual General Meeting, May 28, 2026, at 10:00 Singapore Standard Time. Location: unit 8-5, kompleks komersil akasa, jalan akasa, akasa cheras selatan, 43300 seri kembangan, selangor darul ehsan, Malaysia Board Change • Apr 12
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Non Executive Director Elizabeth Er was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Apr 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (RM204.9m market cap, or US$50.7m). Reported Earnings • Feb 26
Full year 2025 earnings released: EPS: RM0.031 (vs RM0.047 in FY 2024) Full year 2025 results: EPS: RM0.031 (down from RM0.047 in FY 2024). Revenue: RM234.8m (down 21% from FY 2024). Net income: RM6.09m (down 21% from FY 2024). Profit margin: 2.6% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: RM0.002 (vs RM0.006 in 3Q 2024) Third quarter 2025 results: EPS: RM0.002 (down from RM0.006 in 3Q 2024). Revenue: RM56.7m (down 9.9% from 3Q 2024). Net income: RM364.0k (down 67% from 3Q 2024). Profit margin: 0.6% (down from 1.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 21
Second quarter 2025 earnings released: EPS: RM0.006 (vs RM0.01 in 2Q 2024) Second quarter 2025 results: EPS: RM0.006 (down from RM0.01 in 2Q 2024). Revenue: RM62.1m (down 13% from 2Q 2024). Net income: RM1.23m (down 18% from 2Q 2024). Profit margin: 2.0% (down from 2.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Board Change • Jun 23
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Director of Koseng Sdn. Bhd Ai Chia is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • May 29
First quarter 2025 earnings released: EPS: RM0.006 (vs RM0.007 in 1Q 2024) First quarter 2025 results: EPS: RM0.006. Revenue: RM62.7m (down 35% from 1Q 2024). Net income: RM1.05m (up 3.5% from 1Q 2024). Profit margin: 1.7% (up from 1.0% in 1Q 2024). The increase in margin was driven by lower expenses. New Risk • May 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM155.6m market cap, or US$36.7m). Tillkännagivande • May 16
K. Seng Seng Corporation Berhad has filed a Follow-on Equity Offering in the amount of MYR 16.559984 million. K. Seng Seng Corporation Berhad has filed a Follow-on Equity Offering in the amount of MYR 16.559984 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,079,978
Price\Range: MYR 0.75
Transaction Features: Subsequent Direct Listing Tillkännagivande • May 01
K. Seng Seng Corporation Berhad announced that it expects to receive MYR 15.897584 million in funding from UOB Kay Hian Securities (M) Sdn Bhd. K. Seng Seng Corporation Berhad announced a private placement of up to 22,079,978 common shares at a price of MYR 0.72 per share for gross proceeds of MYR 5,897,584.16 on April 30, 2025. The transaction will include participation from new investor UOB Kay Hian Securities (M) Sdn Bhd. The transaction has been approved by the board of directors of the company. Tillkännagivande • Apr 25
K. Seng Seng Corporation Berhad, Annual General Meeting, May 28, 2025 K. Seng Seng Corporation Berhad, Annual General Meeting, May 28, 2025, at 10:00 Singapore Standard Time. Location: unit 8-5, kompleks komersil akasa, jalan akasa, akasa cheras selatan, 43300 seri kembangan, selangor darul ehsan, Malaysia Tillkännagivande • Apr 23
K. Seng Seng Corporation Berhad Announces Appointment of Teh Boon Beng as Independent and Non Executive Chairman of Nomination and Remuneration Committee, Effective 22 April 2025 K. Seng Seng Corporation Berhad announced appointment of Mr. Teh Boon Beng, Aged 63, as Independent and Non Executive Chairman of Nomination and Remuneration Committee. Date of change is 22 April 2025. Gender: Male . Nationality: Malaysia. Composition of Nomination and Remuneration Committee; Mr. Teh Boon Beng (Chairman, Independent Non-Executive Director), Ms Er Kian Hong (Member, Independent Non-Executive Director) and Dr. Lim Pang Kiam (Member, Non-Independent Non-Executive Director). Tillkännagivande • Mar 24
K. Seng Seng Corporation Berhad Announces Resignation of Datuk Keh Chuan Seng as Executive Chairman K. Seng Seng Corporation Berhad announced resignation of DATUK KEH CHUAN SENG, Aged 53, as Executive Chairman. Date of change is 22 March 2025. Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: RM0.048 (vs RM0.098 loss in FY 2023) Full year 2024 results: EPS: RM0.048 (up from RM0.098 loss in FY 2023). Revenue: RM297.7m (up 21% from FY 2023). Net income: RM7.78m (up RM21.2m from FY 2023). Profit margin: 2.6% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. New Risk • Feb 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (RM169.5m market cap, or US$38.2m). Reported Earnings • Nov 29
Third quarter 2024 earnings released: EPS: RM0.006 (vs RM0.027 loss in 3Q 2023) Third quarter 2024 results: EPS: RM0.006 (up from RM0.027 loss in 3Q 2023). Revenue: RM63.0m (flat on 3Q 2023). Net income: RM1.11m (up RM5.02m from 3Q 2023). Profit margin: 1.8% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Tillkännagivande • Nov 01
K. Seng Seng Corporation Berhad Announces Company Secretary Changes K. Seng Seng Corporation Berhad announced the resignation of Siew Suet Wei as Company Secretary, effective from November 1, 2024 and appointed KHOO MING SIANG as Company Secretary, effective from November 1, 2024. Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.001 in 2Q 2023) Second quarter 2024 results: EPS: RM0.01 (up from RM0.001 in 2Q 2023). Revenue: RM71.3m (up 54% from 2Q 2023). Net income: RM1.50m (up RM1.37m from 2Q 2023). Profit margin: 2.1% (up from 0.3% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: RM0.007 (vs RM0.005 in 1Q 2023) First quarter 2024 results: EPS: RM0.007 (up from RM0.005 in 1Q 2023). Revenue: RM96.4m (up 129% from 1Q 2023). Net income: RM1.01m (up 61% from 1Q 2023). Profit margin: 1.0% (down from 1.5% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 03
K. Seng Seng Corporation Berhad (KLSE:KSSC) agreed to acquire the remaining 40% stake in Eie Asian Holding Sdn Bhd from Lee Choon Ming for MYR 2.8 million K. Seng Seng Corporation Berhad (KLSE:KSSC) agreed to acquire the remaining 40% stake in Eie Asian Holding Sdn Bhd from Lee Choon Ming for MYR 2.8 million on May 2, 2024. Tillkännagivande • Apr 28
K. Seng Seng Corporation Berhad, Annual General Meeting, May 29, 2024 K. Seng Seng Corporation Berhad, Annual General Meeting, May 29, 2024, at 10:00 Singapore Standard Time. Location: Unit 8-5, Kompleks Akasa, Jalan Akasa, Akasa Cheras Selatan, 43300 Seri Kembangan, Selangor Darul Ehsan Selangor Malaysia Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and Auditors thereon; to approve the payment of Directors' Fees for the financial year ending 31 December 2024; to approve the payment of Directors' Benefit up to RM20,000 for the period commencing from 30 May 2024 until the next Annual General Meeting in 2025; to re-elect the Directors of the Company who retire in accordance with Clause 92 of the Company's Constitution and being eligible, offer themselves for re-election; to re-elect Dr. Lim Pang Kiam, who retires in accordance with Clause 99 of the Company's Constitution and being eligible, offers himself for re-election; and to consider other matters. Reported Earnings • Mar 01
Full year 2023 earnings released: RM0.09 loss per share (vs RM0.011 profit in FY 2022) Full year 2023 results: RM0.09 loss per share (down from RM0.011 profit in FY 2022). Revenue: RM246.8m (up 28% from FY 2022). Net loss: RM13.4m (down RM14.9m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Tillkännagivande • Jan 17
K. Seng Seng Corporation Berhad (KLSE:KSSC) agreed to acquire 40% stake in Metalmach Micro Technology Sdn Bhd from Low Kim Yoong for MYR 14 million. K. Seng Seng Corporation Berhad (KLSE:KSSC) agreed to acquire 40% stake in Metalmach Micro Technology Sdn Bhd from Low Kim Yoong for MYR 14 million on January 15, 2024. Upon completion of the acquisition, Metalmach will become an associate company of KSSC. Post the completion of the transaction, Low Kim Yoong will remain as the shareholder with 26.9%. The purchase consideration for acquisition will be funded via the proceeds to be raised from the Proposed Private Placement. The transaction is conditional on approval of Bursa Securities, shareholders of KSSC, consent and/or approval from the existing financier of Metalmach and/or all appropriate authorities in relation to the change in control of Metalmach and any other relevant authorities and/or parties. The transaction is expected to be completed by the first half of 2024. M & A Securities Sdn Bhd acted as the financial advisor and Eco Asia Capital Advisory Sdn Bhd acted as the fairness opinion provider to K. Seng Seng Corporation. New Risk • Dec 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (7.4% operating cash flow to total debt). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (RM156.2m market cap, or US$33.4m). Reported Earnings • Nov 24
Third quarter 2023 earnings released: RM0.027 loss per share (vs RM0.002 profit in 3Q 2022) Third quarter 2023 results: RM0.027 loss per share (down from RM0.002 profit in 3Q 2022). Revenue: RM62.7m (up 7.5% from 3Q 2022). Net loss: RM3.90m (down RM4.10m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. New Risk • Sep 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Shareholders have been diluted in the past year (5.8% increase in shares outstanding). Market cap is less than US$100m (RM161.9m market cap, or US$34.8m). Reported Earnings • Aug 24
Second quarter 2023 earnings released: EPS: RM0.001 (vs RM0.008 in 2Q 2022) Second quarter 2023 results: EPS: RM0.001 (down from RM0.008 in 2Q 2022). Revenue: RM46.3m (down 1.6% from 2Q 2022). Net income: RM136.0k (down 87% from 2Q 2022). Profit margin: 0.3% (down from 2.2% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 35% per year. Reported Earnings • May 26
First quarter 2023 earnings released: EPS: RM0.005 (vs RM0.016 in 1Q 2022) First quarter 2023 results: EPS: RM0.005 (down from RM0.016 in 1Q 2022). Revenue: RM42.0m (down 13% from 1Q 2022). Net income: RM630.0k (down 70% from 1Q 2022). Profit margin: 1.5% (down from 4.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: RM0.012 (vs RM0.082 in FY 2021) Full year 2022 results: EPS: RM0.012 (down from RM0.082 in FY 2021). Revenue: RM192.7m (up 27% from FY 2021). Net income: RM1.45m (down 86% from FY 2021). Profit margin: 0.8% (down from 7.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Feb 14
K. Seng Seng Corporation Berhad Announces Update on Material Litigation Writ of Summons and Statement of Claim Served by Shanghai JBS Bearing Co., Ltd The Board of Directors of K. SENG SENG CORPORATION BERHAD announced that the Court has adjourned the part-heard matter and fix the new hearing date on 8 March 2023 on Enclosure 10 (Plaintiff’s application for Summary Judgment & Interim Payment) and Enclosure 16 (Defendant’s application for Security for Costs). Tillkännagivande • Feb 01
K. Seng Seng Corporation Berhad Announces Resignation of MR TSEN KET SHUNG @ KON SHUNG as Executive Director K. Seng Seng Corporation Berhad announced resignation of MR TSEN KET SHUNG @ KON SHUNG as Executive Director. Date of change: 31 January 2023. Board Change • Jan 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 3 experienced directors. 2 highly experienced directors. MD & Executive Director Seng Koh is the most experienced director on the board, commencing their role in 1986. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 51% share price gain to RM1.05, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 5x in the Metals and Mining industry in Malaysia. Total returns to shareholders of 219% over the past three years. Reported Earnings • Nov 23
Third quarter 2022 earnings released: EPS: RM0.002 (vs RM0.012 in 3Q 2021) Third quarter 2022 results: EPS: RM0.002 (down from RM0.012 in 3Q 2021). Revenue: RM58.4m (up 88% from 3Q 2021). Net income: RM201.0k (down 88% from 3Q 2021). Profit margin: 0.3% (down from 5.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 01
K. Seng Seng Corporation Berhad Announces Resignation of Chang Tian Kwang as Independent Director K. Seng Seng Corporation Berhad announced resignation of Mr. Chang Tian Kwang, age 57, as Independent Director. Reason: To pursue his personal interest. Date of change 31 October 2022. Tillkännagivande • Sep 03
K. Seng Seng Corporation Berhad Announces Re-Designation of Chan Min Wai from Chief Financial Officer to Chief Operating Officer K. Seng Seng Corporation Berhad announced the re-designation of Chan Min Wai from Chief Financial Officer to Chief Operating Officer. The date of change is 1 September 2022. Age is 48. Tillkännagivande • Sep 02
K. Seng Seng Corporation Berhad Appoints Miss Eileen Yeoh Soo Chin as Chief Financial Officer K. Seng Seng Corporation Berhad announced the appointment of Miss Eileen Yeoh Soo Chin as Chief Financial Officer. Age 46, Date of change 01 September 2022. Qualification is Masters, Professional Qualification FCCA Fellow member of the Chartered Certified Accountants (ACCA) Professional Qualification Chartered Accountants (CA) Malaysian Institute of Accountants (MIA). She started her career as an auditor with Moore Stephens and held various senior positions in other listed companies in Malaysia that involved the construction, steel industry and property development in Malaysia. She has more than 20 years of experience in accounting, audit, treasury and corporate finance, project financing, debt capital raising, corporate and debt restructuring, and treasury cash management. She joined the Company on 3 January 2022 as Chief Financial Controller. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: RM0.009 (vs RM0.031 in 2Q 2021) Second quarter 2022 results: EPS: RM0.009 (down from RM0.031 in 2Q 2021). Revenue: RM47.0m (up 14% from 2Q 2021). Net income: RM1.01m (down 75% from 2Q 2021). Profit margin: 2.2% (down from 9.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 30
K. Seng Seng Corporation Berhad Reports Property, Plant & Equipment Written Off for the Quarter Ended June 30, 2022 K. Seng Seng Corporation Berhad reported Property, Plant & Equipment written off for the quarter ended June 30, 2022. For the quarter, the company reported Property, Plant & Equipment written off of MYR 60,000. Reported Earnings • May 28
First quarter 2022 earnings released: EPS: RM0.018 (vs RM0.013 in 1Q 2021) First quarter 2022 results: EPS: RM0.018 (up from RM0.013 in 1Q 2021). Revenue: RM48.1m (up 36% from 1Q 2021). Net income: RM2.08m (up 36% from 1Q 2021). Profit margin: 4.3% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non Executive Chairman Tian Chang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 12
K. Seng Seng Corporation Berhad Announces Redesignation of Mr. Chang Tian Kwang from Independent Director to Chairman K. Seng Seng Corporation Berhad announced that the redesignation of Mr. Chang Tian Kwang from independent director to chairman. The date of change is April 11, 2022. Tillkännagivande • Apr 01
K. Seng Seng Corporation Berhad Appoints Chang Tian Kwang as Independent and Non Executive Director K. Seng Seng Corporation Berhad appointed CHANG TIAN KWANG as Independent and Non Executive Director. Date of change is 31 March 2022. 
