Media Clippings

New Straits Times | 3 Jan 2019

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS) has announced the appointment of Ahmad Fariz Hassan as managing director in addition to his current group chief executive officer post, effective Tuesday. Fariz has 20 years of working experience in banking, investment, consumer and property development sectors, with tenures in Ekuiti Nasional Bhd and Khazanah Nasional Bhd.

KPS also announced the appointment of Koay Li Onn as independent non-executive director effective Tuesday. He is currently the managing director of Bangsawan Group, which provides corporate, financial and strategic advice across Singapore and Malaysia.

“Ahmad Fariz has been a pivotal force in conceptualising and realising the group’s business transformation plan, where various acquisitions of new businesses and holding of majority stakes in growth-centric companies have placed the group on a path of sustainable expansion,” said KPS Chairman  Raja Shahreen Raja Othman in a statement.

“With full responsibility for the leadership and development of KPS business, he will now be tasked to play a greater role in meeting the group ’s ambitious business plan.”