Mr Tee Lip Jen being the Alternate Director to Mr Tee Kim Tee @ Tee Ching Tee has resigned as Alternate Director of Far East Holdings Berhad following the resignation of his principal, Mr Tee Kim Tee @ Tee Ching Tee as Non-Independent Non-Executive Director of the Company with effect from 30 June 2026.

He is the Process Engineer in Future Prelude Sdn. Bhd. since 2006 for two (2) years before expanding his experience as a Project Engineer in Future Prelude Sdn. Bhd. In 2012, he was appointed as Executive Director of Future Prelude Sdn. Bhd. In addition, he is the Non-Executive Director in CI Resources Limited (now known as PRL Global Ltd or "PRL"), a public listed company on Australian Securities Exchange since 2011. He later assumed the role of Executive Director of PRL on 1 July 2023 and serves as a member of Audit & Risk Management Committee and Remuneration & Nomination Committee in PRL. He also sits in the board of Phosphate Resources (Malaysia) Sdn. Bhd. and Phosphate Resources Ltd, which are the wholly owned subsidiaries of PRL. Currently, he is the Engineering Director of Prosper Group companies, where he oversees the engineering and production activities in ten (10) palm oil mills with the processing capacity ranging between 20mt to 70mt of fresh fruit bunch/hour. He is also tasked with overseeing their associated biogas projects with the output capacity ranging between 0.5MW to 2MW/hour.

He is the son of Mr Tee Kim Tee @ Tee Ching Tee, the nephew to Mr Tee Cheng Hua and cousin to Mr Tee Lip Teng.

NIL

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