The Malaysian REIT Managers Association (MRMA) has appointed Derek Teh Wan Wei, chief executive officer and executive director of Sunway-REIT Management Sdn Bhd, as its new chairman.
Teh’s appointment marks a leadership transition for the association, which represents the interests of Malaysia’s real estate investment trust (REIT) management industry and works to promote best practices, governance, and growth within the sector.
At the same time, Zuhairy Md Isa of Am-REIT Managers Sdn Bhd was re-elected as vice-chairman, continuing his role in supporting the association’s strategic direction. Joining him as newly elected vice-chairman is Yong Su Lin of CapitaLand Malaysia-REIT Management Sdn Bhd.
Meanwhile, Datuk Stewart Labrooy of Alpha-REIT Managers Sdn Bhd was re-elected as honorary secretary, continuing his responsibilities in overseeing the association’s administrative matters.
Hafidz Atrash Kosai Mohd Zihim from Pelaburan Hartanah Nasional Bhd (PHNB) will also continue serving as honorary treasurer for a second term, overseeing the association’s financial affairs.
In addition, Zainal Iskandar Ismail of Hektar Asset Management Sdn Bhd was elected as a committee member, further strengthening MRMA’s leadership team.
The appointments reflect MRMA’s continued efforts to reinforce collaboration within Malaysia’s REIT industry while supporting the sector’s development amid evolving market conditions.
MRMA plays a key role in representing REIT managers in Malaysia, advocating for industry growth and strengthening engagement among stakeholders in the country’s property investment landscape.
