KUALA LUMPUR (Dec 11): Guocoland (Malaysia) Bhd group managing director Datuk Edmund Kong Woon Jun (pictured) is resigning from his post effective Jan 1, 2021, after being at the helm for four years. 

In a bourse filing, the group said Kong is resigning to “pursue other business opportunities”. The group has yet to announce a successor to Kong.

Kong has more than 29 years of experience in the property development and construction industry, and is also the chairman of GLM REIT Management Sdn Bhd, the manager of Main Market-listed Tower Real Estate Investment Trust. 

Guocoland’s share price rose 0.5 sen or 0.9% to close at 57.5 sen today, giving it a market capitalisation of RM402.76 million.

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