TCS Group Holdings Berhad (“TCS” or “the Group”), a provider of building and infrastructure construction services, announced that Mr. James Liew Vun Tak (“James Liew”) has become a substantial shareholder after acquiring an 11.9% stake from the Group’s Managing Director, Dato’ Ir Tee Chai Seng.
Commenting on the development, Dato’ Ir Tee Chai Seng (“拿督郑再盛”) said,
“We are pleased to welcome James Liew as TCS’ new strategic long-term shareholder and partner. James brings extensive experience in infrastructure construction, with a strong track record in major projects across East Malaysia, including highways and bridges. This partnership creates strong synergies for TCS as we expand our presence in East Malaysia.”
He added, “Together, we will leverage our technical expertise and proven track record to secure more projects, particularly in the infrastructure segment. This aligns with our growth plans and will create significant value for all stakeholders while improving our shareholding mix.”
James Liew holds a Bachelor of Arts (BA) and Master of Engineering (MEng) from the University of Cambridge, United Kingdom.