KUALA LUMPUR: WCT Holdings Bhd has appointed Lai Cheng Yee as its group managing director (MD) beginning today.
In a filing with Bursa Malaysia, WCT said Lai, 52, has over 20 years of professional experience working in local conglomerates such as BIG Industries Bhd, the Pavilion Group, Diethelm Malaysia, Procter & Gamble and F&N Malaysia.
“Lai joined WCT Holdings as director (executive chairman’s office) on Aug 15, 2018, assisting the executive chairman across all the group’s businesses.
“She has headed the group’s hospitality, aviation and food and beverage (F&B) divisions since June 1, 2024, and has undertaken the group’s concession-related projects and oversees the engineering and construction and property development divisions,” it said.
Lai holds 13,527 shares in WCT Holdings.
She is also an associate member of the Chartered Governance Institute of Malaysia.
Meanwhile, Lai has served as a board member of Tourism Malaysia since Sept 8, 2023, where she collaborates with other industry leaders to support the Ministry of Tourism, Arts and Culture of Malaysia (MOTAC) in promoting the growth of the Malaysian tourism industry.
She also serves as a non-independent non-executive director of Paradigm Reit Management Sdn Bhd, the manager of Paradigm Real Estate Investment Trust (Reit).