Monday May 13, 2013
Joint MDs for Sunway Bhd
Ong is strategically positioned to propel the conglomerate’s property division to the next level. SUNWAY Bhd recently announced the appointment of its joint managing directors for its property development division in Malaysia and Singapore, namely Sarena Cheah and Ong Pang Yen, effective May 1.
Cheah and Ong are the successors of the current managing director, Ho Hon Sang, who is leaving the company end of this month.
Cheah and Ong’s 35 years of joint experience in property and other divisions within Sunway are strategically well positioned to propel the conglomerate’s property division to the next level.
Especially in light of Sunway Iskandar, the second largest land parcel in the Iskandar region, totaling 728.43ha (1,800 acres), which will drive exponential growth for Sunway for the next 15 to 20 years.
Cheah is a board member of Sunway Bhd since 2010.
She brings to this position 15 years of experience in strategy, corporate planning and development roles in various industries including corporate finance, audit, education, healthcare and property.
Previously in the property division from 2006 to 2009, she was the sales and marketing senior general manager and the property division director.
Cheah is also the Sunway Berhadstrategy and corporate development executive director.
Ong has 20 years of experience in managing several divisions within Sunway including being actively involved in Sunway Group’s pioneer overseas investment projects in Cambodia, India, China, Australia, Zimbabwe and South Africa.
Having led the Ipoh property division and overseas investment projects for Sunway and various other roles in the group, he was promoted to the property development (International) chief operating officer in 2010, prior to assuming the role of international property development division managing director in April last year.
Sunway Bhd has immense experience in developing and managing innovative and quality residential and non-residential properties which include retail, leisure, healthcare, hospitality and commercial assets.
To-date, it has an extensive portfolio with successful properties in Malaysia and abroad, including Singapore, Vietnam, China, India and Australia.
The recipient of numerous international and domestic awards and accolades, to-date, Sunway has delivered more than 20,000 properties and has an undeveloped land bank of approximately 1,562.49ha (3,861 acres) with an estimated gross development value (GDV) of RM54bil.
Source:
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