The Sun - Tropicana CEO to retire at end-November

Tropicana Corp Bhd has announced the retirement of its CEO Datuk Yau Kok Seng, who has helmed the group since January 2013, The property developer said in a statement that prior to this, the board had been informed of Yau's intention to retire at the end of 2017. However, due to health reasons, the date has been brought forward to Nov 30,2017, Tropicana said it will continue to conduct a comprehensive search for his replacement, Yau is a chartered accountant and has more than 30 years experience in auditing corporate finance and general management Prior to joining Tropicana he was with Hong Leong Industries Bhd where he served as group managing director since September 2011 and prior to that, he was Sunway Holdings Bhd managing director since April 2001.

Meanwhile, Dion Tan Yong Chien has been redesignated as managing director from executive director previously. Dion, 27, is the son of Tan Sri Danny Tan Chee Seng, a major shareholder of Tropicana-.His eldest brother Datuk Dickson Tan Yong Loong is the deputy group CEO while another brother, Dillon Tan is the exceutive director.