Far East Holdings Berhad announced the appointment of Mr. Tee Lip Jen as Non Independent and Non Executive Alternate Director. Date of change is 09 May 2024. Age is 40.

He held the position of Process Engineer at Future Prelude Sdn. Bhd. from 2006 to 2008, after which he transitioned to the role of Project Engineer.

In 2012, he was elevated to Executive Director of Future Prelude Sdn. Bhd. In addition, he holds the position of Executive Director at PRL Global Ltd. (formerly CI Resources Limited), a Public Listed Company on the Australian Securities Exchange since 1 July 2023.

He also serves as a member of the Audit & Risk Management Committee and the Remuneration & Nomination Committee at PRL Global Ltd. In addition, he holds the position of Director of Phosphate Resources (Malaysia) Sdn. Bhd. and Phosphate Resources Ltd, both of which are fully-owned subsidiaries of PRL Global Ltd. He currently serves as the Engineering Director at the Prosper Group of companies.

In this role, he is responsible for supervising the engineering and production operations in ten (10) palm oil mills. These mills have a processing capacity that varies between 20 to 70 metric tonnes of FFB per hour. Additionally, he oversees the associated biogas projects, which have an output capacity ranging from 0.5MW to 2MW per hour.