APB Charts Next Chapter Following Management Buyout
APB Resources Berhad announced it is embarking on a new phase of growth following a management buyout led by three of its senior executives.
Through Strategic A Holdings Sdn Bhd, Executive Director and CEO Ong Kok Wah, Financial Controller Lee Lisa, and Deputy General Manager of Amalgamated Metal Corporation (AMC) Chan Fook Wah have collectively acquired an indirect 27.9% stake in the group as of 29 August 2025, making them substantial shareholders.
The move, APB said, underscores its leadership’s long-term commitment and marks a fresh strategic direction for the company.
Mr. Ong, who has been with APB since 1993 and rose through the ranks from Quality Control Engineer to General Manager of AMC, now leads the group as CEO. He is supported by Ms. Lee, a Chartered Accountant credited with strengthening APB’s financial discipline, and Mr. Chan, who brings more than 20 years of experience in project execution and operational efficiency.
Together, the trio combines operational expertise, financial oversight, and strategic vision. Their collective ownership signals continuity while anchoring a renewed focus on restoring profitability and creating long-term shareholder value.
