PETALING JAYA: Construction services firm GDB Holdings Bhd has appointed Andy Lai Wee Young as its executive director and acting group managing director.
In a statement, GDB said it is eyeing expansion to East Malaysia, following the appointment of Lai.
Lai, a Sarawakian, also came in as a strategic investor, with a 13% equity stake after acquiring from key shareholders on Dec 12, 2025.
“Leveraging his experience in operations in East Malaysia, Lai aims to add a new dimension to GDB’s business with presence in East Malaysia.” As part of the succession planning, the group announced a change in board composition yesterday, with Cheah Ham Cheia transitioning from group managing director to group advisor, and serving as alternate director to Cheah Jun Kai, executive director of the group.
“Together with group executive director Alexander Lo Tzone Leong, the new board composition will lead the company in executing its growth strategy, expanding its presence across East Malaysia, while operations in West Malaysia continue as usual.”