Mr Lim Shung Yar will step into the top seat at the company as CEO‑designate on Nov 1, 2025. He will officially take over the role on Feb 1, 2026, succeeding long‑time chief executive Ms Tan Li San.
Lim brings more than two decades of experience in the industry. Before this move, he served as the company’s chief operating officer and has led several successful growth projects. The leadership change follows the board’s review of the company’s strategic direction and its focus on expanding into new markets.
Ms Tan Li San, who has guided the company through a period of steady revenue growth, said she looks forward to handing the reins to Lim and working with the board on upcoming initiatives. She will remain with the company in an advisory capacity after her retirement as CEO.
The transition is part of the company’s broader plan to boost innovation and investor confidence. Stakeholders expect Lim’s appointment to strengthen the firm’s position in a competitive landscape and keep the momentum going into the next fiscal year.
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