Friday, February 25, 2011

The Edge chairman Tong Kooi Ong appointed director of UEM Land

KUALA LUMPUR: The chairman of The Edge Communications Sdn Bhd, Datuk Tong Kooi Ong has been appointed a non independent and non executive director of UEM Land Bhd.

A statement from UEM Land said his appointment took effect on Friday, Feb 25.

The Edge Communications publishes The Edge, Malaysia's award winning and best selling business and investment weekly newspaper. Other titles in its stable are The Edge Financial Daily, a standalone daily business paper that complements the weekly edition and Personal Money, a monthly personal finance magazine.

'In this region, his media interests are represented by The Edge Publishing Pte Ltd, which publishes The Edge Singapore, a business and investment weekly newspaper,' it said.

Tong is also the chairman of SUNRISE BHD [] which was merged with UEM Land.'' UEM Land had made a conditional voluntary general offer in November last year to acquire Sunrise at RM2.80 per share or about RM1.39 billion. The merged entity will have a landbank of about 12,000 acres and a combined asset base of about RM5 billion.

Tong is also chairman of the board and chairman of the executive committee of Taiga Building Products Ltd, which is listed on the Toronto Stock Exchange.

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