In a filing with Bursa Malaysia today, the group said Voon, 66, has 40 years of working experience in the construction and property development industry, including three years in construction site management and 37 years in property development management.

“As group CEO and executive director of Mah Sing Group, he shall oversee the operation of the property business and report directly to the founder and group managing director (MD) Tan Sri Leong Hoy Kum,” it said.

Voon was previously an executive director at S P Setia Bhd and held the post of COO from 1996 to 2014, during which he also acted as the acting president and CEO for six months in 2014.

In 2015, he joined Eco World Development Group Bhd as an executive director and served as a non-independent non-executive director of Eco World International Berhad from 2017.

However, he resigned from both boards in February 2020. Subsequently, he was appointed as the CEO of IOI Properties Group Bhd on April 15, 2020.

In a separate filing, the group said Ho Hon Sang would resign as the group CEO with effect from Feb 1, 2024, and will remain as an executive director until March 31, 2024, to facilitate a smooth and seamless transition.

In another filing with Bursa Malaysia, Mah Sing has appointed Lionel Leong, 35, as deputy group CEO and executive director, effective Feb 2, 2024.

“Lionel is the son of Hoy Kum, the founder and group MD and a major shareholder of Mah Sing Group.

“He is also the nephew of Leong Yuet Mei, the group’s executive director,” it said, adding that Lionel owns 142,187 ordinary shares of the group.

“Lionel shall assist in overseeing the operation of the property business and report directly to the group CEO,” Mah Sing added.

As at 12.29pm, Mah Sing’s share price was up by 0.5 sen or 0.56% at 90 sen, giving it a market capitalisation of RM2.17 billion.