Tan Sri Dato’ Seri Lim Gait Tong
Aged 79, Malaysian, Male
Executive and Non-Independent
Also as Chief Executive and a person of the Key Senior Management
He started his business career as a contractor with his father’s construction business at the age of 15 and subsequently commenced his own construction company, Lim Gait Tong Construction, as a sole proprietorship in 1959. In 1962, he was awarded the Society Anonyme Des Etains De Kinta (“SEK”) Mining Relocation Contract for 200 units of houses, the Kampar railway station and the Kampar market. In 1964, following a massive landslide, he rebuilt a sizable portion of the Ringlet and Brinchang townships in Cameron Highlands. In the same year, he obtained his JKR Class C Status which permitted him to tender for jobs throughout the Federation.
From 1964 to 1968, he undertook various projects under Lim Gait Tong Construction and his family’s development company. He was involved extensively in meeting the construction requirements of Island and Peninsular Group of Companies in Penang. He was the main contractor for the Island Park and Jesselton Heights housing projects, which were then among the biggest private sector efforts in Penang.
Thereafter, from 1969 to 1975, he completed the Taman Evergreen and Taman Goodwood projects in Old Klang Road, Kuala Lumpur. He was instrumental to the development of Taman Cheras Utama project in Cheras, Kuala Lumpur and Taman KKB Utama project in Kuala Kubu Bahru through an affiliated company, Perumahan Farlim Sdn Bhd. He initiated the development of Bandar Baru Ayer Itam, which is the biggest private sector development in Penang. In recognition of his achievement in the construction/property sectors and contribution to the society, he was conferred the Grand Fellowship Award by the British Graduates Association Malaysia. Currently, he is the Chairman, Chief Executive and Managing Director of Farlim Group (Malaysia) Bhd.
He joined Farlim Group (Malaysia) Bhd. as a first Director on 12 March 1982. He is the Chairman of the Executive Committee comprising Members of the Board. He holds 12,000 shares and has deemed interest in 69,358,480 shares through Farlim Holding Sdn. Bhd., the holding company, in Farlim Group (Malaysia) Bhd. He does not hold any shares in the subsidiaries of Farlim Group (Malaysia) Bhd. except Baka Suci Sdn. Bhd. in which he is holding 10,002 shares.
He does not hold any Directorship in other public companies.
He is the father of Mr. Lim Chu Dick, Executive Director of Farlim Group (Malaysia) Bhd. and Director and Shareholder of its holding company Farlim Holding Sdn. Bhd., spouse of Puan Sri Datin Seri Chin Chew Lin, Director and Shareholder of the said holding company and father of Miss Judy Lim Chu Dee and father-in-law of Mr. Wong Hon Weng, Director and Executive Director respectively of the said holding company. Save as above, he has no family relationship with Directors and major/substantial shareholders of Farlim Group (Malaysia) Bhd.
He does not have any conflict of interest with the Company other than that, if any, set out in the Statement on Additional Compliance Information and/or the Financial Statements for the year ended 31 December 2021. He has no convictions for offences within the past five years other than traffic offences, if any and no public sanction or penalty imposed by the relevant regulatory bodies during the financial year.
He attended all of the six Board Meetings held during the financial year ended 31 December 2021. He is not among the Independent Directors who make up one-third of the total number of Directors.
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