ELDER SISTER, DATIN PADUKA SARENA APPOINTED EXECUTIVE DEPUTY CHAIRMAN

As his father, Tan Sri Sir Jeffrey Cheah, founder/chairman of Sunway conglomerate, turns octogenarian, succession is put in place in the family controlled business. Evan Cheah, 45, was elevated to Deputy President on 2 Jan 2025. He will assist Sunway President Tan Sri Dato' Chew Chee Kin in the overall management of the group. Sister, Datin Paduka Sarena is Executive Deputy Chairman to Tan Sri Jeffrey Cheah ( Executive Chairman).

Evan is a CFA by profession, a member of MIA and holds a BA degree in Commerce in Business systems from Monash University, Australia. He has worked for more than 10 years in the group and is also Group CEO for Digital and Strategic Investments in Sunway. Evan is a director of listed Sunway Construction.  He currently also sits on the boards of various private operating companies including as Chairman of the Board for Credit Bureau Malaysia Sdn Bhd, Sunway Money Sdn Bhd, Multicare Health Pharmacy Sdn Bhd and Tianjin Eco-City Sunway Property Development Co.

As at 29 March 2024 Tan Sri Sir Jeffrey Cheah Fook Ling has direct interest of 11.02% in Sunway Berhad and indirect interest of 53.36%. Deemed interested in 64.39% of Sunway Berhad shares are Puan Sri Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Evan Cheah Yean Shih and Adrian Cheah yean Sun. The Employees Provident Fund Board holds a 5.12 %. 

ACKNOWLEDGEMENTS

1. Klsescreener. 21 February 2024. https://www.klsescreener.com/v2/announcements/view/6568047
2. Sunway Construction Group Berhad. 2023 Annual Report. https://ir2.chartnexus.com/suncon/doc/ar/ar2023.pdf
3. Sunway Berhad. 2023 Annual Report. https://www.klsescreener.com/v2/announcements/view/6892015