<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 10): CJ Century Logistics Holdings Bhd’s (KL:<a href="/askedge/klse/7117" class="ce-stock" target="_blank">CJCEN</a>) long-time chief executive officer, Steven Teow Choo Hing, 66, stepped down on Feb 28, 2026 to pursue personal interests.</p></div>

<div class=newsTextDataWrapInner><p>He had been on the board of the company since July 28, 1997, according to the company’s latest annual report. It was then known as Century Logistics Holdings Bhd.</p></div>

<div class=newsTextDataWrapInner><p>Melissa Khoo Lay Geok, 60, a 30-year logistics and supply chain veteran across Asia-Pacific, takes over as CEO effective March 1, 2026, according to the company’s filing with the bourse.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>No reason was given for the delay in announcing the change.</p></div>

<div class=newsTextDataWrapInner><p>Teow had reduced his stake in the company, selling 44.87 million shares or a 7.71% interest on Dec 31, 2025, falling below the substantial shareholder threshold. As of Jan 19, 2026, he sold another five million shares, leaving him with a 0.144% stake. The shares were sold at 56.4 sen each to CJ Logistics Asia Pte Ltd, increasing the South Korean group’s stake from 55.09% to 62.8%.</p></div>

<div class=newsTextDataWrapInner><p>CJ Century Logistics’ share price closed unchanged at 16 sen a share on Monday, valuing the company at RM93.1 million. The stock is up 3.23% year to date.&nbsp;</p></div>


CJ Century Logistics Holdings Bhd’s (KL:CJCEN) long-time chief executive officer, Steven Teow Choo Hing, 66, stepped down on Feb 28, 2026 to pursue personal interests.

CJ Century Logistics’ CEO Steven Teow steps down after 29 years

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