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Megan Holdings Limited announced a board change, with independent director Long Jia Kwang resigning effective October 31, 2025, citing personal commitments and no disagreements with the company’s operations, policies or practices. On November 21, 2025, the board appointed Phua Zhi Yong (Jason) as an independent director, chairman of the audit committee, and member of the nominating and compensation committees.
Mr. Phua, age 38, is a Chartered Accountant (Singapore) with over a decade of experience in financial management, compliance, corporate governance and public company reporting, including serving as CFO of YY Group Holding Limited and leading its U.S. Nasdaq listing. The company considers him an “audit committee financial expert” and formalized his role through a director offer letter effective November 21, 2025.
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