Tan Boon Peng

Tan Boon Peng, male, a Malaysian, aged 58, is an independent non-executive director of Hap Seng Consolidated Berhad (HSCB) and was appointed to this position on 26 February 2020. He is also a member of the Remuneration Committee.

Mr. Tan was formerly the Regional Head of Equity Capital Markets at the CIMB Group where he had held various positions over a span of more than 13 years until 2016. Mr. Tan was a Sime Darby Scholar and began his professional career as a factory manager/engineer with the Sime Darby Group before venturing into financial services. He was an equity research analyst, over time holding various positions at several Malaysian and international stockbroking institutions including being Head of Research; and thereafter joined the CIMB Group.

Mr. Tan graduated with a Master of Arts and Bachelor of Arts (Hons) in Engineering from the University of Cambridge, United Kingdom.

Mr. Tan does not have any family relationship with any director and/or major shareholder. Mr. Tan is an independent non-executive director of CapitaLand Malaysia REIT Management Sdn Bhd which manages CapitaLand Malaysia Trust, a real estate investment trust listed on the Main Market of Bursa Malaysia Securities Berhad (“Trust Company”). The Trust Company owns six shopping malls and two logistics centres. Three of the shopping malls and one logistics centre are located in Klang Valley, which may pose a potential conflict of interests with the subsidiaries of HSCB involved in the shopping malls and logistics centre. He will abstain from participating in deliberations and voting on resolutions in relation to the aforesaid transactions. Save as disclosed above, Mr. Tan does not have any conflict of interests or potential conflict of interests, including any interest in any competing business with the Company and its subsidiaries. He has not been convicted of any offence, other than traffic offences, in the past five years and there was no public sanction or penalty imposed by the relevant regulatory bodies during the financial year ended 31 December 2024.

He attended all the five board meetings held during the financial year ended 31 December 2024.