KUALA LUMPUR, Oct 28 (Bernama) -- KLCC Property Holdings Berhad (KLCCP) and KLCC REIT Management Sdn Bhd (KLCCRM) wish to announce the appointment of Datuk Sr Mohd. Salem Kailany as the new Chief Executive Officer (CEO) effective 1 November 2024, replacing Datuk Md. Shah Mahmood.
 
Datuk Sr Mohd. Salem previously served as the President and Chief Executive Officer of UDA Holdings Berhad.  Prior to that, he was Chief Executive Officer of PNB Development from 2016 to 2019, where he successfully delivered strong financial outcomes in sales and improved the township positioning of Kota Seriemas in Nilai amongst others.  With his vast experience in property, strategy and business development, he successfully led the launch and management of multiple townships including Denai Alam, Bandar Ainsdale, Bandar Universiti Pagoh and Serenia City, Sepang.
 
Datuk Sr Mohd. Salem has over 30 years of professional experience as a surveyor. He is a highly regarded figure in the Malaysian property sector, with an extensive track record spanning across real estate valuation, project advisory, property development, project management, strategy and Merger and Acquisitions.
 
He was on the Board of Directors of Felcra Berhad and as well as the Chairman of Felcra Properties from October 2018 to April 2020. He also served on the Board of Directors and as Chairman of Audit Committee of Cyberview Sdn Bhd.

The Board of Directors and the Management of KLCCP and KLCCRM would like to thank Datuk Md. Shah Mahmood for his invaluable contribution during his tenure as the CEO of KLCCP and KLCCRM. 
 
Datuk Md. Shah has been pivotal in leading the Group to achieve its goals, emerging stronger and more resilient post-pandemic, and recording impressive financial performance in a short time. Under his leadership, the Group’s Strategy Blueprint drove unprecedented growth, doubling profits and achieving the highest dividend distribution in a decade. This success was recognised with the “Highest Growth in Profit After Tax Over Three Years” award at The Edge Billion Ringgit Club Corporate Awards 2024. His commitment to quality and excellence was further exemplified when the PETRONAS Twin Towers received the prestigious 2024 Global Icon Award by the Council on Tall Buildings and Urban Habitat (CTBUH), among other accolades.
 
Datuk Md. Shah, a people-centric leader, passionate about developing others, spearheaded initiatives to enhance talent capabilities and foster a thriving organisational culture, ensuring the Group's long-term success through a sustainable talent pipeline. He also championed sustainability, driving the Group's green initiatives and leading his team to create a Sustainable Development Goals (SDG) precinct, boosting Kuala Lumpur's competitive standing as a preferred destination for international conferences.
 
The Board of Directors and the Management of KLCCP wish Datuk Md. Shah all the best in his future undertakings and welcome Datuk Sr Mohd. Salem Kailany as the new CEO of KLCCP and KLCCRM.

About KLCCP Stapled Group
 
KLCC Property Holdings Berhad (KLCCP) and KLCC REIT, collectively known as KLCCP Stapled Group is Malaysia's largest self-managed stapled security that invests, develops, owns, and manages a stable of iconic and quality assets. KLCCP Stapled Group became the first ever Shariah compliant stapled structure in Malaysia upon the listing of KLCC Stapled Securities (KLCCSS) on 9 May 2013 and trades under the REIT sector of the Index as a single price quotation.
 
KLCCP Stapled Group's core business is in property investment and development, and provision of management services.  The Group owns iconic prime assets, namely the PETRONAS Twin Towers, Menara ExxonMobil and Menara 3 PETRONAS under KLCC REIT and Suria KLCC, the premier shopping mall, Mandarin Oriental, Kuala Lumpur hotel and a vacant land (Lot D1) under KLCCP.  KLCCP also has a 33% stake in Menara Maxis. 
  
KLCCP Stapled Group redefines excellence in real estate.  With decades of experience building the nation’s iconic landmarks, it has elevated industry standards and expectations, reinforcing its commitment to enriching lives and building a more sustainable future.
  
Issued by:
Group Strategic Communications and Investor Relations
 
28 October 2024
 
SOURCE:  KLCC (Holdings) Sdn Bhd
 
FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Yasmin Abdullah
Manager, Corporate Communications
Group Strategic Communications and Investor Relations
KLCC (Holdings) Sdn Bhd
Tel: +60 2783 7584 
Email: yasmina@klcc.com.my

--BERNAMA