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WCT Holdings names Lai Cheng Yee group managing director

Lai, 52, has more than 20 years of professional experience and has held responsibilities across several WCT business divisions.

By Maya Santos

Office buildings in Kuala Lumpur
Photo: New Straits Times

Lai Cheng Yee has been appointed group managing director of WCT Holdings Bhd, the company told Bursa Malaysia in a filing. The 52-year-old joined WCT on Aug 15, 2018, taking a director role in the executive chairman's office to help the chairman across its businesses.

According to WCT, Lai took responsibility for hospitality, aviation and food and beverage operations on June 1, 2024. Her remit also includes concession-related projects, along with oversight of engineering and construction operations and the property development division.

Her professional experience spans more than 20 years, with previous roles at BIG Industries Bhd, the Pavilion Group, Diethelm Malaysia, Procter & Gamble and F&N Malaysia. She owns 13,527 WCT shares and holds associate membership of the Chartered Governance Institute of Malaysia.

Lai's other positions include a Tourism Malaysia board seat, held since Sept 8, 2023. In that role, she works with industry leaders to support Malaysia's Ministry of Tourism, Arts and Culture in developing tourism. She is also a non-independent non-executive director at Paradigm Reit Management Sdn Bhd, which manages Paradigm Real Estate Investment Trust.

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