The Company wishes to announce that Mr. Teo Hong Keng, who is currently Finance Director of HEINEKEN Malaysia, has tendered his resignation from the Company with effect from 2 September 2017. After more than 16 years with HEINEKEN, Mr. Teo Hong Keng has decided to pursue other opportunities outside the HEINEKEN Group. He will also relinquish his directorship in all subsidiary companies of HEINEKEN Malaysia with effect from the same day.

Mr. Teo Hong Keng joined HEINEKEN Malaysia in June 2016 and was appointed as Finance Director of the Company on 19 July 2016.  He has been a valuable member of the Management Team and during his tenure with the Company, he has successfully integrated HEINEKEN Malaysia’s finance function with the HEINEKEN ways of working. He has also strengthened the finance function with a focus on revenue management and financial control to drive stronger support for the business.

The Board of Directors and Management of HEINEKEN Malaysia wishes to express their deep appreciation to Mr. Teo Hong Keng for his services and contributions to the Group and they wish him all the best in his future endeavours.

The Company has commenced a search to identify a successor.  In the interim, Mr. Hans Essaadi, the Managing Director of the Company, will oversee the financial matters of HEINEKEN Malaysia Group. The Company will make the necessary announcement when a suitable successor is appointed.

This announcement is dated 4 August 2017.