KUALA LUMPUR: MClean Technologies Bhd
has restructured its board to align with its new strategic direction following the acquisition by Singapore-listed aesthetic group Accrelist Ltd.
Accrelist completed the acquisition of a 28.53% equity stake on July 2, 2024.
The new board of MClean comprises Datuk Dr. Terence Tea Yeok Kian as executive chairman and executive director, Yeo Hock Huat as non-independent non-executive director, Lim Han Kiau as non-independent non-executive director, Siti Haliza Md. Taib as senior independent non-executive director, Muhammad Radzi Embong as independent non-executive director, and Chuah Ai Wen as independent non-executive director.
Tea is also the executive chairman and chief executive officer of Jubilee Industries Holdings Ltd and the executive chairman and managing director of Accrelist.
“We are excited about the completion of our investment in MClean. With the new board, I am confident that MClean will achieve even more significant milestones and create long-term value for our shareholders.
“I look forward to being a part of MClean future growth, particularly the prospect of the company's hard disk drive solutions, especially in Malaysia and Thailand, where demand for high-quality precision cleaning services is growing rapidly,” Tea said in a statement.
