Board of Directors

Zulkifly Bin Zakaria, a Malaysian, aged 70, is our lndependent Non-Executive Chairman. He was appointed to our Board on 24 August 2023.

He graduated in October 1976 from Universiti Teknologi MARA with a Diploma in Banking Studies and subsequently obtained his Master of Business Administration in November 1998 from the University of Wales in Cardiff, United Kingdom. Zulkifly Bin Zakaria began his career in the banking and finance industry in 1976 with European Asian Bank, Kuala Lumpur (presently known as Deutsche Bank AG) as a trainee where he was mainly involved in the local banking operations. In the same year, he was seconded to Germany for a 3-year training at the bank’s head office and branches. In 1979, he returned to Malaysia and was appointed as the Head of Customer Service, lnternal Audit and lmport-Export where he was responsible in managing the overall operations of the bank’s customer service, internal audit and the import-export department. He left European Asian Bank in 1982.

In 1983, he joined Bank lslam Malaysia Berhad as a Manager and was mainly responsible for overseeing the trade finance division and operations of the credit department. He left Bank lslam Malaysia Berhad as a Manager in 1991. In the same year, he joined ABN-AMRO Bank N.V. (Kuala Lumpur Branch) as a Division Manager for the Malaysian operations. He was mainly responsible for overseeing the credit processing, customer service and the overall operations of the Kuala Lumpur and Penang branches. He left ABN-AMRO Bank N.V. in December 1993 and joined UMW Holdings Berhad as its Group Financial Controller in the same month where he was responsible for managing and overseeing the group’s finance and accounting matters.

ln 2002, he was subsequently appointed as the Executive Director of the oil and gas division of UMW Corporation Sdn Bhd, spearheading its newly formed oil and gas division. He was actively involved in the upstream sector through 5 main activities (i.e. manufacture of oil and country tubular goods and line pipes, oil and gas exploration operations, fabrication, provision of oilfield services and supply of oilfield products). In December 2007, he was appointed as a Director of UMW Oil & Gas Berhad where he was mainly responsible for overseeing the overall operations of the oil and gas division within the group. In March 2009, he was promoted to the position of President of UMW Oil & Gas Berhad. He retired from UMW Holdings Berhad by relinquishing his position as the Director in April 2011.

In April 2012, he was appointed as a director of Lagardere Travel Retail Malaysia Sdn Bhd who operates retail concessionaires at airports in Malaysia where he provides input and advice on the business operations of the company. In April 2018, he was appointed as a director of Gradz Engineering Services Sdn Bhd, a Petronas licensed vendor and authorised agent for Kaeser Kompressoren SE, Germany and acquired the entire equity interest in Gradz Engineering Services Sdn Bhd in May 2018. Since then, he has been the Managing Director in charge of the operations of the company.

He is currently the lndependent Non-Executive Chairman of Sunview Group Berhad (a company listed on Bursa Securities), the Independent Non-Executive Director of Federal International Holdings Berhad (a company listed on Bursa Securities) and the independent director of Mooreast Holdings Ltd (a company listed on the Singapore Exchange). He is also the Vice President of Malaysia-China Friendship Association to promote culture and education between Malaysia and China since December 2021.

He also sat on the board of the Perak lslamic Council’s economic arm, Perbadanan Kemajuan Ekonomi lslam Negeri Perak and its subsidiary companies from May 2018 to March 2024.

Tan Cherng Thong, a Malaysian, aged 44, is our Promoter, substantial shareholder and Executive Director / CEO. He was appointed to our Board on 3 June 2022 to oversee the business growth, strategic planning and direction, as well as the business development and overall operations of our Group.

He is an industry veteran in the provision of public transportation IT solutions with more than 20 years of working experience, primarily specialising in the conceptualisation, design and provision of an omni channel ticketing system, operational IT based solutions, AFC and seamless integration of front-end and back-end IT systems as well as managing bus terminals’ operations.

He pursued a degree in Business Administration (majoring in Marketing with Multimedia) at Multimedia University Malaysia in May 2000. During his tertiary studies, Tan Cherng Thong, together with Lee Li Yee and another partner, had conceptualised and successfully designed an online ticketing solutions platform (“Online Ticketing System”) with the aim to address the prevalent inefficiencies of physical bus ticketing systems (in particular, the duplication of physical bus tickets and the ticket purchasing congestions faced by passengers). His Online Ticketing System was designed as a one-stop online ticketing platform, allowing passengers to easily purchase bus tickets over the internet without any hassle and additional cost through an online system whilst eliminating overbooking and ticket touting.

Due to his innovative thinking, technical IT skills and entrepreneurship, he was awarded the Silver Award of the HSBC Young IT Entrepreneur Awards organised by HSBC Bank Malaysia Berhad in March 2003. Having achieved such recognition for his entrepreneurial acumen, he decided to discontinue his studies in April 2003 with the aim to focus on the expansion of his Online Ticketing System business venture. He subsequently set up E-Transact with several business partners to market his Online Ticketing System in September 2003 and perform IT system maintenance services for bus operators. As the CEO and major shareholder of E-Transact, he was responsible for overseeing the business operations, spearheading the marketing efforts to promote his Online Ticketing System and undertake further D&D studies to upgrade and enhance his Online Ticketing System. While he was managing E-Transact, he also set up TCT International in August 2004 with his business partner, with the intention to provide IT solutions.

He subsequently disposed his entire equity interest in E-Transact to a third party in March 2009 and relinquished his position as the CEO and Director in March 2009. Tan Cherng Thong subsequently took a short sabbatical from his entrepreneur career following the disposal of his entire equity interest in E-Transact. In October 2009, he resumed his entrepreneurial path through TCT International (which was dormant since its incorporation in August 2004) to undertake the development of CTS. He assumed his position as CEO of TCT International and embark on the business development and business expansion of TCT International footprint in the public transportation IT solutions provider sector. He was mainly responsible to oversee the software architecture and development of TOS as well as spearheading the sales and marketing efforts to secure new projects for the company. Under his stewardship, TCT International was involved in the implementation of CTS for TBS, resulting in TBS being the first express bus terminal in Malaysia to operate on a CTS.

In addition to his business venture under TCT International, he subsequently undertook a business advisory role and assumed project management functions in NSS (a company owned by, amongst others, Mohd Aidy Hisyam Bin Abdullah, the then employee of TCT International) between May 2013 to April 2014. His advisory role includes, amongst others, providing business advisory and project management services on an ad hoc basis. Having seen the potential of NSS’ business to provide IT hardware solutions catering to small and medium businesses and bus terminals’ operations, Tan Cherng Thong subsequently joined NSS as a CEO in May 2014 and became a director and major shareholder of NSS in August 2015. NSS has grown and successfully expanded its footprint in the enterprise IT services provider for the public transportation sector. After having controlling interest in NSS in December 2020, he proceeded to streamline and consolidate his businesses in TCT International into NSS in December 2021, and ceased the business in TCT International, with the aim to promote and market NSS as the key public transportation IT solutions provider.

His leadership and business acumen were also recognised by The Star, through the Grand Winner of the Elite Entrepreneur of the Year for Star Outstanding Business Award (SOBA) 2022 and winner of the Par Excellence Achievement Award for Male Entrepreneur of the Year – 2022 for the category of sales turnover of up to RM25.00 million.

Lee Li Yee, a Malaysian, aged 45, is our Promoter, substantial shareholder and Executive Director / Finance Director. She was appointed to our Board on 7 December 2022. She has more than 20 years of working experience in the field of finance and has been a member of the Malaysian Institute of Accountants since July 2008. As our Finance Director, she is responsible for overseeing our human resources activities, accounting and financial management related functions including financial reporting, financial planning, treasury, tax related matters and maintenance of internal controls.

She obtained a Bachelor of Accountancy Degree from Universiti Putra Malaysia in April 2004. While she was pursuing her accountancy degree, she won the Silver Award of the HSBC Young IT Entrepreneur Awards organised by HSBC Bank Malaysia Berhad in March 2003 in view of her participation with Tan Cherng Thong and another partner on the Online Ticketing System business venture.

She began her career as an Internal Audit Executive with W T K Holdings Berhad (a diversified group with presence across timber, tapes and plantation industries) in April 2004. She was mainly responsible to conduct the group’s internal control assessments, conduct risk-based audit assignment and implement the group’s risk management framework using the Committee of Sponsoring Organisations (COSO) Framework.

She left as an Internal Audit Executive in W T K Holdings Berhad in April 2005 and joined Hitachi Electronic Products (M) Sdn Bhd, a manufacturer of optical data storage drives, as a Finance Executive in May 2005. She was mainly tasked to monitor the daily cash flow position, daily treasury operation transactions, foreign exchange exposure as well as assist to prepare budget and forecast reports. She left as a Finance Executive in Hitachi Electronic Products (M) Sdn Bhd in March 2007.

While she was employed in Hitachi Electronic Products (M) Sdn Bhd, she was appointed as a Director of E-Transact in June 2005. She subsequently undertook the position of a Finance Manager in the company in April 2007 where she oversaw accounts, finance and human resources functions.

She emerged as a major shareholder of E-Transact in December 2007 and subsequently disposed her entire equity interest in E-Transact to a third party and relinquished her position as a Director in March 2009. She later joined TCT International as Finance Manager in the same month. She was mainly tasked to manage the accounts, finance and human resources department of TCT International as well as preparing the financial planning and budgeting reports. She was subsequently appointed as a Director of TCT International in April 2011 and emerged as a major shareholder of TCT International since May 2012. She resigned as a Finance Manager of TCT International in December 2013.

Whilst carrying out her duties as a Director of TCT International, she had also subsequently joined NSS in January 2014 as the Financial Controller. She was responsible to oversee all accounts and finance related functions. In carrying out her duties in both companies, Lee Li Yee was supported by a team of qualified accounting personnel in each company. She was subsequently promoted to Chief Financial Officer in NSS in January 2021 and was redesignated as Finance Director in December 2022. Our Finance Director is supported by a team of 10 personnel to oversee the accounts and finance functions of our Group. There is no conflict of interests or potential conflict of interests between her directorship in our Company and the other directorships that she currently holds.

Lee Yew Weng, a Malaysian, aged 47, is our Independent Non-Executive Director. He was appointed to our Board on 24 August 2023.

Lee Yew Weng obtained his Bachelor of Commerce in April 1999 from the University of Adelaide, Australia. He is a Chartered Accountant and has been a member of Certified Practising Accountant Australia since July 2003 and a member of the Malaysian Institute of Accountants since July 2014.

He began his career with K K Chow & Partners in March 1999 as an Audit / Tax Assistant, where he was involved in performing statutory audit. He left K K Chow & Partners as an Audit / Tax Assistant in January 2000 and joined Horwath Mok & Poon (now known as Crowe Malaysia) in February 2000 as an Audit Assistant, where he was involved in performing statutory audit. He was promoted to Audit Senior Assistant in October 2000. Subsequently, he left Crowe Horwath Malaysia as an Audit Senior Assistant in December 2000 and joined KPMG Malaysia as an Audit Assistant in January 2001 where he performed statutory audit for private and public companies listed on Bursa Securities. He was promoted to Audit Semi Senior in July 2001.

In May 2002, he left KPMG Malaysia as Audit Semi Senior and ventured into the corporate sector where he joined Jotech Holdings Berhad (now known as Jotech Holdings Sdn Bhd) as their Group Accountant in the same month where he was responsible to oversee and manage the group’s accounting and financial functions. He resigned as a Group Accountant from Jotech Holdings Berhad in April 2003. He later joined as an Executive of the Corporate Finance and Advisory Department in AmMerchant Bank Berhad (now known as AmInvestment Bank Berhad) in May 2003, where he was involved in various corporate exercises, including corporate restructuring, reverse takeovers, mergers and acquisitions, fund raising and initial public offering. During his tenure in the Corporate Finance and Advisory Department, he held various roles, such as Senior Executive, Assistant Manager, Manager and Associate Director. He was later transferred to the Investment Banking Department of AmInvestment Bank Berhad as an Associate Director in July 2008. He was redesignated as Associate Director, Corporate & Institutional Banking Department in October 2009. He subsequently resigned as Associate Director, Corporate & Institutional Banking Department in June 2010 and undertook a sabbatical from July 2010 to April 2011.

He later co-founded Stein Future Group Sdn Bhd (now known as Swift Capital Group Sdn Bhd) in May 2011 to provide financial consultancy services and served as the Executive Director from May 2011 to August 2017. He also co-founded Yewnited Partners Sdn Bhd in January 2017 to provide business management consultancy services, and served as the Director since January 2017.

While he was acting as a director of Yewnited Partners Sdn Bhd, he later joined Canfield Corporate Finance Company Limited, an approved Corporate Finance Adviser in Hong Kong, licensed by the Securities and Futures Commission of Hong Kong from June 2019 to February 2020 as a Responsible Officer, where he was involved in marketing and structuring transactions for clients undertaking cross-border corporate exercises. He subsequently left Canfield Corporate Finance Company Limited in February 2020 as a Responsible Officer and undertook a sabbatical from March 2020 to August 2020.

He joined Sorrento Capital Limited, an approved Corporate Finance Adviser in Hong Kong, licensed by the Securities and Futures Commission of Hong Kong in September 2020 as a Licensed Representative (where he has similar responsibilities as his role in Canfield Corporate Finance Company Limited), a position he holds to-date. He subsequently resigned as the director of Yewnited Partners Sdn Bhd in September 2022.

He is currently the Non-Independent Non-Executive Director of Sunzen Biotech Berhad and Independent Non-Executive Director of DS Sigma Holdings Berhad and Hiap Huat Holdings Berhad, all of which are listed on Bursa Securities.

Alwizah Al-Yafii Binti Ahmad Kamal, a Malaysian, aged 50, is our Independent Non-Executive Director. She was appointed to our Board on 24 August 2023.

She graduated with Bachelor of Law LLB (Honours) from University of Bristol, United Kingdom in June 1997 and completed post-graduate studies at the Institute of Chartered Secretaries & Administrators at Kensington School of Business, London, United Kingdom in February 1999. In October 2000, she was admitted as an Advocate & Solicitor of the High Court of Malaya. She was an Associate Member of the MAICSA in July 2007 and was subsequently elected to the Fellowship in January 2016. She is also a licenced secretary under the Companies Commission of Malaysia since March 2020.

She began her pupillage at Zaid Ibrahim & Co. (now known as ZICO Law) in 1998 and thereafter commenced her practice in the said firm as a Legal Associate in the capital markets and banking departments in August 2000. During her tenure, she was involved in various corporate exercises, including mergers and acquisitions, legal due-diligence exercises, securitisation transactions and corporate finance.

She left as a Legal Associate in Zaid Ibrahim & Co. and joined Zul Rafique & Partners as a Legal Associate in 2003. During her tenure, she represented local and international financial institutions in restructuring exercises involving public listed companies. She also provided legal advisory services on compliance with capital markets regulations and related activities.

She left as a Legal Associate in Zul Rafique & Partners and joined Intellectual Property Services Sdn Bhd (now known as ZICO Corporate Services Sdn Bhd) in 2006 as a Manager, and was promoted to Executive Director in 2010. During her tenure, she provided legal and corporate secretarial services which included assisting in the setting up of companies and foundations, and ensuring compliance with the Act and circulars issued by the Companies Commission of Malaysia.

While she was employed in Intellectual Property Services Sdn Bhd, she set up AKAL Corporate Advisors Sdn Bhd with her family in April 2010 with the intention to render advisory services on corporate secretarial, human resource and accounting matters. She was the Director of AKAL Corporate Advisors Sdn Bhd from April 2010 to April 2011. In April 2013, she left Intellectual Property Services Sdn Bhd and relinquished her position as the Director. She resumed her entrepreneurial path through AKAL Corporate Advisors Sdn Bhd (which was dormant since its incorporation in April 2010) and was reappointed as a Director of AKAL Corporate Advisors Sdn Bhd in October 2013. Since then, she provides advisory services on corporate secretarial, human resource and accounting matters to private limited companies, public companies, financial institutions and foundations. She subsequently founded AKAL Advisors PLT in May 2014 to facilitate the provision of accounting and payroll services, and related training courses and seminars.

She is currently the Independent Non-Executive Chairperson of Minox International Group Berhad and Independent Non-Executive Director of Cnergenz Berhad and Infoline Tec Group Berhad, all of which are listed on Bursa Securities. Further, she is also a member of the Board of Trustees of Tun Suffian Foundation Incorporated, a not-for-profit organisation which awards Tun Suffian Scholarships to Malaysian students pursuing degrees and post graduate studies since January 2014.

Poh Zuan Yin, a Malaysian, aged 34, is our Independent Non-Executive Director. She was appointed to our Board on 24 August 2023.

She graduated with a Bachelor of Laws degree from the University of Leeds, United Kingdom in June 2012 and obtained the Certificate in Legal Practice in September 2013. She was admitted as an Advocate & Solicitor of the High Court of Malaya in September 2014.

She began her pupillage at Rahmat Lim & Partners, an associated law firm of Allen & Gledhill LLP in Singapore in October 2013 and thereafter commenced her practice in the said firm as a Legal Associate specialising in corporate, commercial law and real estate in September 2014.

She subsequently left Rahmat Lim & Partners in May 2016 and joined Trowers & Hamlins International Limited (Kuala Lumpur Regional Office), a qualified foreign law firm licensed by the Malaysia Bar Council as a lawyer in June 2016. During her tenure, she was involved in mergers and acquisitions, general commercial contracts, and corporate advisory work. She left Trowers & Hamlins International Limited (Kuala Lumpur Regional Office) as a lawyer in September 2018 to join Gan, Lee & Tan as a Partner in the Corporate and Commercial department in the same month. She provided legal advisory services on corporate and commercial matters. She left Gan, Lee & Tan in September 2020 to set up Lee & Poh Partnership with another partner in October 2020. Currently, she serves as the Managing Partner in Lee & Poh Partnership, specialising in corporate and commercial law.

She is an Independent Non-Executive Director of LYC Healthcare Berhad, a company listed on Bursa Securities.