PropNex Limited said on Jun, 23 2026 that it will revamp its board and board committees with effect from Jul, 1 2026.
The company has appointed Lim Teck Chai, Danny as an Independent Non-Executive Director. He will also become Chairman of the Remuneration Committee and join both the Audit and Nominating Committees.
Concurrently, Lead Independent Director Ahmad Bin Mohamed Magad will assume the role of Audit Committee Chairman. He will step down as Chairman of the Remuneration Committee but remain a member of that body.
Following these changes, PropNex’s five-member board will comprise Executive Chairman Mohamed Ismail S/O Abdul Gafoore; Executive Director and Chief Executive Officer Kelvin Fong Keng Seong; Lead Independent Director Ahmad Bin Mohamed Magad; Independent Director Pebble Sia Huei-Chieh; and Independent Director Lim Teck Chai, Danny.
The Audit Committee will include Ahmad Bin Mohamed Magad (Chairman), Pebble Sia Huei-Chieh and Lim Teck Chai, Danny. The Remuneration Committee will be chaired by Lim Teck Chai, Danny, with members Ahmad Bin Mohamed Magad and Pebble Sia Huei-Chieh. The Nominating Committee will be chaired by Pebble Sia Huei-Chieh, joined by Ahmad Bin Mohamed Magad and Lim Teck Chai, Danny.