KUALA LUMPUR (Oct 28): UEM Sunrise Bhd (KL:UEMS), the property arm of Khazanah Nasional Bhd’s UEM Group Bhd, has appointed Shaharul Farez Hassan as its managing director and chief executive officer, effective Nov 17.

Shaharul Farez, 55, is filling a position that has been vacant for eight months, after Sufian Abdullah resigned as CEO earlier in February.

UEM Sunrise said Shaharul Farez served as group CEO of tycoon Tan Sri Syed Mokhtar Albukhary’s Tradewinds Corp Bhd from 2008 to 2015, then as chief operating officer at DRB-Hicom Bhd (KL:DRBHCOM) from 2016 to 2022.

“His experience also extends to a board role at Proton Holdings Bhd, where he contributed to Proton’s strategic growth and transformation initiatives,” the group said in an exchange filing on Tuesday.

From 2015 to 2016, he served as executive vice president, corporate, at Malakoff Corp Bhd (KL:MALAKOF).

On the same day, UEM Sunrise also announced the appointment of Grace Yap Mei Wan, 58, as an independent director, effective Nov 3.  

Yap currently sits on the boards of Bata Malaysia Sdn Bhd and Sungei Bagan Rubber Co (M) Bhd (KL:SBAGAN).

UEM Sunrise shares ended one sen or 1.47% lower at 67 sen on Tuesday, valuing the group at RM3.39 billion.