Board of Directors
Awards & Recognition
IVORY PROPERTIES GROUP BERHAD(673211 M)
(a company listed on the Main Market of Bursa Malaysia Securities Berhad)
WORK WITH US
+604 210 8000
Ivory Tower @ Penang Times Square
81-11-1, Jalan Dato' Keramat,10150 George Town, Penang, Malaysia.
Group Chief Executive Officer
Dato' Low Eng Hock, a Malaysian, is the Group Chief Executive Officer of the Company. He is a Member of the Remuneration Committee. As the founder and Group Chief Executive Officer, he has been instrumental in the growth, success and development of our Group. He has 27 years of experience in the property development and building and construction industry. He is mainly responsible for the overall strategic business direction of our Group.
In 1985, he obtained his Bachelor Degree in Engineering with Distinction from Concordia University, Montreal, Canada. Upon his graduation, he joined Low Theon & Sons Sendirian Berhad, a civil engineering contracting company. He was then in charge of Timah Tasoh Dam in Perlis, Kerian-Sg Manik Integrated Development Project in Perak under the Drainage and Irrigation Department and several other large scale infrastructure projects, all of which were completed successfully. In 1991, he began his career as a property developer via his involvement in the Penang Gold Coast mixed development adjacent to Queensbay.
In 1999, he established Ivory Associates Sdn Bhd, the first company in our Group. Since then, under his progressive vision, pragmatic approach and proven leadership, our Group has become one of the major property developers in Penang. He is a member of the Institution of Engineers, Malaysia.
He is also a member of the International Council of Shopping Centers since 2004.
Chairman and Independent Non-Executive Director
Dr Asairinachan @ Aravinachan A/L Kunjamboo, a Malaysian, is the Chairman and Independent Non-Executive Director of the company.. He obtained his Bachelor of Science Honours Degree from Universiti Sains Malaysia in 1972. He holds a Master of Science from Imperial College, London and also a Doctor of Business Administration from the University of South Australia. He also holds postgraduate qualifications in Management (Diploma from Malaysian Institute of Management) and Accounting and Finance (Certified Diploma from ACCA).
He is an Environmental Consultant by profession with 38 years of vast experience. He started his career in 1972 with Dewan Bandaraya Kuala Lumpur ("DBKL") as Manager and served for 22 years in DBKL Thereafter, he joined Indah Water Konsortium Sdn Bhd from 1994 to 2000 where he was an Executive Director. Presently, he is the Managing Director and Shareholder of Waste Stream Management Sdn Bhd, a company dealing in consultancy and training in waste water management.
Dato’ Haji Arifin bin Haji Awang started his career as an officer with the Ministry of Primary Industries (Kuala Lumpur) in 1980. In 1983, he became the Deputy Director of the Penang state Economic Planning Unit (Unit Perancangan Ekonomi Negeri or UPEN) for 3 years before taking on the role of Land Administrator at the Central Seberang Perai (Bukit Mertajam) District and Land Office for the next 10 years.
In 1997, he became the Deputy Director of the Penang Land and Mines Office for 7 years before being promoted as its Director in 2004. Dato’ Haji Arifin helmed the position for 12 years before his retirement in 2015.
Having amassed 30 years of experience in land management matters, Dato’ Haji Arifin is also an expert in land laws and land administration which also include strata and development legislations. His duties was not limited within the Penang Land and Mines Office but also with other departments that also deal with land development matters like the City Council and Municipal Council.
He was actively involved in examination of plans submitted by developers for planning approval and to ensure that each application was in compliant with the planning guidelines.
Aside from his career duties, Dato’ Haji Arifin was also active in the community having served as the Chairman of Central Seberang Perai Pusat Jagaan Lanjutan (Dadah) from 1985 to 1997 and as the President of Bukit Mertajam Tennis Club from 1986 to 1997.
Ooi Choi Kiat, a Malaysian, is the Non-Independent Non-Executive Director of our Company. He is a Member of the Audit Committee and Nominating Committee. He graduated in 1983 with a Bachelor of Housing, Building and Planning from Universiti Sains Malaysia, Penang. He has extensive experience in infrastructure projects including highway and bridge construction, earthworks, waterworks and telecommunications facilities mainly in the Klang Valley.
His career started in 1983 when he took up the position of Project Manager with Unisoon Development (M) Sdn Bhd. In 1989, he left and established Mawar Abadi (M) Sdn Bhd, a building contractor company and was its Managing Director since 1990.
Independent Non-Executive Director
Loh Chye Teik, a Malaysian, is the Independent Non-Executive Director of our Company. He is the Chairman of the Audit Committee and a Member of the Nominating Committee and Remuneration Committee. He graduated from University of Malaya, Kuala Lumpur with a Bachelor of Accounting (Honours) in 1984.
He is the Partner of PKF Chartered Accountants and the Managing Director of Interesources Tax Advisory Sdn Bhd. He is a member of both the Malaysian Institute of Accountants and the Chartered Tax Institute of Malaysia. He started his career as an Auditor in a chartered accountants firm in Penang in 1985. In 1994, he set up his own auditing and accounting firm, Tan & Loh Chartered Accountants and held the position of the Managing Partner. In 2010, Tan & Loh Chartered Accountants affiliated with PKF, an international chartered accounting firm. Presently, he also sits on the Board of other public listed companies namely Yen Global Berhad, JHM Consolidation Berhad and Olympia Industries Berhad as Independent Non-Executive Director.
Independent Non-Executive Director
Lim Hock Siu, a Malaysian, is the Independent Non-Executive Director of our Company. He is the Chairman of the Nominating Committee and Remuneration Committee and a Member of the Audit Committee.
He started his career in 1978 with Syarikat Soon Theam (now known as ECM Libra Investment Bank Berhad) after obtaining his Higher School Certificate. Thereafter in 1980, he joined Expandite Sdn Bhd ("Expandite"), a global company involves in the supply of specialty chemicals to the construction industry as its Sales Representative and was subsequently promoted to Senior Sales Representative in 1989.
In 1991, Expandite and Fosroc Sdn Bhd ("Fosroc"), a company which is also involved in the supply of specialty chemicals to the construction industry, merged and he was promoted to Technical Sales Executive of Fosroc. In 1997, he was promoted to Branch Manager of Fosroc Penang and in 2003, he was seconded to Fosroc Thailand as adviser to the Chief Executive Officer for a year. In the following year, he was assigned to the position of Fosroc s Regional Sales Manager. He was the Northern Region Branch Manager of Fosroc from 2005 until his resignation in 2009.
Mr Lee Chin Aik is the Personal Assistant to Ivory Properties Group Berhads (Ivory or the Company) Group Chief Executive Officer. He was a Financial Controller in Ivory when he joined the Company in June 2011. He was later promoted to the position of Chief Financial Officer in September 2011, before assuming his current position on 1 May 2013.
Mr Lee began his career in year 1995 with an international accounting firm, Arthur Andersen & Co. after graduating with a Bachelor of Accountancy from University Utara Malaysia. In June 2000, he joined Gold Bridge Engineering & Construction Berhad, a public listed company involved in property development, as its Group Accountant and was subsequently promoted to the position of Financial Controller. Mr Lee is a Chartered Accountant of Malaysian Institute of Accountant since year 1999.
In 2007, he joined a veteran shipbuilding company, Nautica Nova Shipbuilding & Engineering Sdn Bhd (formerly Hong Leong Lurssen Shipyard Sdn Bhd) as its Financial Controller cum Director handling financial matters and operations management prior to joining our Group.
LOW ENG HOCK
DR ASAIRINACHAN @ ARAVINACHAN
Tuan Haji Arifin bin Haji Awang
OOI CHOI KIAT
LOH CHYE TEIK
LIM HOCK SIU
Lee Chin Aik