Board of Directors

DATUK LIM CHAI BENG, Male, Age 64, Malaysian, was appointed to the Board on 3 February 1999.

He is one of the founders of C.B. Industrial Product Sdn. Bhd. [198301015918 (111310-P)] and also the Managing Director of this subsidiary company, a position he holds until today. He is also the Managing Director of the subsidiary companies, Modipalm Engineering Sdn. Bhd. [199101000443 (210753-U)] and PalmitEco Engineering Sdn. Bhd. [201501005813 (1131144-D)] He has vast experience in the engineering industry. He is the driving force behind the Group’s growth and responsible for the overall management and formulation of the Group’s strategic plans and policies. He possesses strong inter-personal and management skills, which inculcates a good rapport with the highly motivated and dedicated workforce.

On 28 July 2009, Datuk Lim was awarded the Outstanding Entrepreneurship Award 2009 by Enterprise Asia.

LIM CHAI HUAT, Male, Age 62, Malaysian, was appointed to the Board on 3 February 1999. He is a member of the Audit and Risk Management Committee and the Nomination and Remuneration Committee.

He is one of the founders of C.B. Industrial Product Sdn. Bhd. [198301015918 (111310-P)] He joined Chin Beng Engineering Works in 1980 as the Operations Manager. When Chin Beng Engineering Works was incorporated into a private limited company under its present name of C.B. Industrial Product Sdn. Bhd. [198301015918 (111310-P)] in 1983, he was promoted to Production Manager due to his vast experience and track record in the manufacturing division.

In 1985, he was further promoted to Project Director, where he headed the project team and managed the Project Division, e.g., the construction of the plants in Telok Panglima Garang currently housed as Head Office of CBIPH Group. He currently acts as an advisor for Palm Oil Mill projects and the administration of the factory and Property Division.

He is the Managing Director of Freiberg (Malaysia) Sdn. Bhd. [199401002552 (288230-A)] and Freiberg Office System Sdn. Bhd. (1318970-P), companies which were granted a license from Australia to manufacture environmentally friendly office furniture and partitions. He is also a Director of Office 2 Go (M) Sdn. Bhd. [200701015239 (773246-T)] and Freiberg Properties Private Limited Company (CAN 071075520) which involved in trading of office furniture and properties leasing businesses, and D’Home Elderly Care Centre, a charitable organisation providing elderly care in Klang.

LIM ZEE PING, Male, Age 37, Malaysian, was appointed as Executive Director of the Company on 10 March 2022.

Mr. Lim graduated from Monash University of Australia with a Bachelor of Engineering in the field of Mechanical Engineering. He has worked in Modipalm Engineering Sdn. Bhd. [199101000443 (210753-U)] after his graduation since year 2010. Having spent his time at the production, he is currently involving in the sales & marketing department, where he oversees the overseas market such as Africa, Central America and Papua New Guinea.

KARPANADEVI A/P K R SOMASUNDRAM, Female, Age 60, Malaysian, was appointed to the Board on 14 November 2019. She is the Chairperson of the Nomination and Remuneration Committee and a member of the Audit and Risk Management Committee.

She holds a Post Graduate Diploma in Law (CPE) and BA (Hons) in Law and Politics from University of North London, United Kingdom. She has more than 29 years of cross-functional experiences in the United Kingdom and Asia, including the Government sector in United Kingdom.

She has vast experience in the areas of Enterprise Risk Management, Corporate Governance, Legal and Compliance and has strong capabilities in identifying inherent risks in business. She has previously held several senior management positions in the areas of risk management and compliance with financial institution and listed company in Malaysia, and also sits on the Board of private limited companies of Healthcare and Investment Holdings.

She is a member of Institute of Corporate Director Malaysia (ICDM), Malaysian Alliance of Corporate Directors (MACD), Malaysian Institute of Corporate Governance (MICG) and KPMG Board Leadership Centre.

LEE POI KEONG, Male, Age 67, Malaysian, was appointed to the Board on 26 August 2021 and was redesignated as Senior Independent Non-Executive Director on 24 August 2022. He is the Chairman of the Audit and Risk Management Committee and a member of the Nomination and Remuneration Committee.

He is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW) and a member of the Malaysian Institute of Accountants (MIA) and the Institute of Internal Auditors Malaysia (IIAM). He also holds a Harvard Premier Business Management Certificate from the Harvard Business School Alumni Club of Malaysia.

Mr. Lee started his career with an accounting firm in England after graduating in 1983. Subsequently, he joined a multinational consortium as a Financial Controller. He also held various senior management positions in a conglomerate public listed company in Malaysia until his retirement in 2016. He has more than 40 years of experience in the areas of risk management and system, auditing, accountancy, management development and business entrepreneurship.

Currently, he also serves as Director in two local private limited companies.

DATO’ DR SUZANA IDAYU WATI BINTI OSMAN, Female, Age 55, Malaysian, was appointed to the Board on 1 March 2022. She is a member of the Audit and Risk Management Committee and the Nomination and Remuneration Committee.

Dato’ Dr. Suzana holds a PhD in Finance and Master of Business Administration in Finance from Universiti Putra Malaysia in 2004 and 2011, respectively. She also holds a BA (Hons) Business Studies from University of Huddersfield, UK in 1992. She had attended the Harvard Business School’s Advanced Management Programme (AMP) in Boston, USA in 2009.

She is a seasoned C-Suite professional with 30 years of experience in the food, agriculture, financial services and institutional asset management industries. Having held various Board positions and diverse roles at C-Level provide unique strategic perspectives in the management of multi-business corporate and multi- asset financial portfolios. She also has extensive experience in transforming businesses as well as managing effective operational strategy executions.

She served as Chairman, Board of Director and Advisor of more than 35 entities across various sectors such as plantations, downstream agri-business, oleochemicals, consumer goods, technology, travel, construction, livestock, logistics, trading, fintech and private equity.

She is currently holding directorship in the following companies:
(a) Private Pension Administrator (PPA) Malaysia;
(b) Lembaga Kemajuan Tanah Persekutuan (FELDA);
(c) Encorp Berhad;
(d) IIUM Holdings Sendirian Berhad; and
(e) Malaysian Palm Oil Certification Council (MPOCC).