Axteria Group Berhad Strengthens Executive Team with Key Leadership Appointments

Axteria Group Berhad is a public-listed property development and property management company on the Main Market. Axteria Group Berhad has announced several changes to its board of directors and senior management as part of an ongoing leadership realignment aimed at strengthening execution, governance continuity and long-term business growth.

As part of the leadership transition, Ku Chong Hong has been appointed Chief Executive Officer effective 29 May 2026. His appointment is expected to provide clearer executive leadership and stronger management oversight as the company continues to sharpen its focus on property development, project execution and value creation. In addition, Oh Bang Han has been appointed Chief Operating Officer effective the same date, further strengthening Axteria’s operational leadership capacity.

The company has also appointed Lai Jian Hong as Chief Financial Officer, effective 29 May 2026, succeeding Sea Hong Peng who will step down from the role on the same date due to personal commitments. Lai is a member of the Association of Chartered Certified Accountants and the Malaysian Institute of Accountants, and holds a Bachelor’s Degree in Accounting and Finance (Hons) from the University of the West of England, Bristol.

Lai brings more than a decade of experience in assurance and corporate finance, having started his career with Grant Thornton Malaysia as an auditor. He previously served as Chief Financial Officer of DS Sigma Holdings Berhad and Mestron Holdings Berhad, where he played a key role in leading both companies through their respective IPO exercises on Bursa Malaysia’s ACE Market. Prior to his CFO appointment, he joined Axteria as Financial Controller on 1 May 2026.

In line with the board realignment, Woo Wai Onn @ Foo Wai Onn has resigned as Group Managing Director, while Kenny Woo Chi Yoong has stepped down as Executive Director, both effective 29 May 2026 due to personal commitments. The company confirmed that there are no disagreements with the Board and no other matters requiring disclosure to shareholders in relation to the resignations.

The newly appointed CEO, Ku Chong Hong, stated that the leadership realignment marks an important step for Axteria as it strengthens management focus and execution discipline for the company’s next phase of development. The Board also expressed appreciation to the outgoing directors and CFO for their contributions, while noting that the strengthened financial leadership will support the company in evaluating opportunities and reinforcing its operational platform.

The Board believes the refreshed leadership structure will enable Axteria to move forward with greater clarity, accountability and operational focus. With strengthened executive leadership and enhanced financial oversight, the company is better positioned to pursue its strategic priorities while maintaining prudent governance, financial discipline and long-term stakeholder value creation.

Looking ahead, Axteria remains committed to strengthening its property development and management platform, with continued emphasis on project execution, capital discipline and selective growth opportunities that support sustainable long-term performance.