Chin Hin group overhauls boards as founder takes emeritus role

PETALING JAYA (June 30): Datuk Seri Chiau Beng Teik, JP, the founder of Chin Hin Group, is stepping down as non‑independent non‑executive chairman across several Chin Hin‑linked listed companies effective July 1, 2026.

According to filings with Bursa Malaysia today, Beng Teik will resign as chairman of Chin Hin Group Bhd, Ajiya Bhd, Fiamma Holdings Bhd and Signature International Bhd, with each company citing personal commitments as the reason for his resignation and confirming there was no disagreement with the board and no matters requiring shareholders’ attention.

In separate company remarks, Chin Hin Group said that, in recognition of Beng Teik’s role as founder and his longstanding contributions, he will be accorded founder emeritus and chairman emeritus titles at certain group‑linked entities.

Haw Choon redesignated executive chairman

The filings also show that Datuk Wira Chiau Haw Choon, 42, will be redesignated from his current executive roles to become executive chairman of Chin Hin Group, Ajiya, Fiamma and Signature International from July 1.

At Chin Hin Group, Haw Choon will move from group managing director to executive chairman; at Ajiya and Fiamma, he will be redesignated from executive director to executive chairman; and at Signature International, from managing director to executive chairman.

According to the companies’ filings, the redesignations form part of succession planning intended to support leadership continuity and execution of business objectives following Beng Teik’s resignation as non‑independent non‑executive chairman.

Shelly Chiau Yee Wern will be appointed executive director of Ajiya and Fiamma effective July 1, on top of her existing roles as executive director of Chin Hin Group, Chin Hin Group Property and Signature International.

The Ajiya and Fiamma filings note that Yee Wern holds a Bachelor’s Degree in Business Administration (Entrepreneurship) from Les Roches International School of Hotel Management in Bluche, Switzerland, and began her career in hotel management before moving into property sales and development.

She is described as the daughter of Beng Teik and Datin Seri Wong Mee Leng, and sister to Haw Choon, with both companies stating she has no conflict of interest and no interest in the securities of the listed issuer or its subsidiaries.

Group-level succession context

The changes involve multiple Chin Hin‑linked listed entities — including Chin Hin Group, Ajiya, Fiamma and Signature International — and take effect on July 1, 2026.

In a separate statement, Chin Hin Group said the transition has been structured as part of a long‑term succession journey, positioning the group to move into its next phase of growth under a more institutionalised leadership framework.

For investors, the coordinated changes across multiple boards signal that Chin Hin’s succession framework is being implemented not only at the holding company level but also across key associate and investment counters, with an emphasis on maintaining board continuity while acknowledging the founder’s long‑term contributions.

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