PLS Plantations Appoints Lee Hun Kheng as Group CEO to Advance Business Transformation

KUALA LUMPURPLS Plantations Berhad announced the appointment of Lee Hun Kheng as Chief Executive Officer (CEO) of the Group as of today and retain his role as Executive Director of PLS plantations. He will remain CEO of Aramijaya Agri & Agro Sdn. Bhd., a company involved in developing innovative supply chain and forest management processes to create high quality sustainable forest products and services since 2002.

PLS Plantations’ Independent Non-Executive Chairman, Tan Sri Nazir Razak said: “We are pleased to welcome Lee Hun Kheng as the new CEO of the group. His role as CEO of Aramijaya, the Group’s plantation forestry subsidiary, and his 19 years of experience in the upstream and downstream sectors of the plantation industry will be instrumental in helping PLS plantations navigate the complex industry and dynamic environment as the Group transforms into malaysia leader in sustainable agrifood.

at Mr. Lee’s This appointment is part of the Group’s efforts to strengthen our management team as the Group diversifies into commercial durian plantation alongside cash crops and forestry plantations.

PLS Plantations’ diversification is aligned with national efforts towards food self-sufficiency. We note and applaud the Prime Minister’s recent statement on the critical importance of food safety and the various new government initiatives aimed at supporting the agri-food industry. With our well-strengthened management team, we are well positioned to play a major role in addressing the country’s food security.” These forward-looking statements, which are subject to risks, uncertainties and assumptions, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations regarding future events. There are important factors that could cause that our actual results, level of activity, performance or achievements differ materially from those results, level of activity, performance or achievements expressed or implied by the forward-looking statement, including, but not limit thereto, our ability to win additional business.Although we believe that the expectations reflected in the statements forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements. statements as predictions of future events. These forward-looking statements speak only as of the date of this press release; as such, they should not be unduly invoked as circumstances change. Except as required by law, we are under no obligation, and we assume no obligation, to publicly release any revisions to these forward-looking statements that may reflect events or circumstances occurring after the date of this release or those that may reflect the occurrence of unforeseen events. events.

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