KUALA LUMPUR: WCT Holdings Bhd has redesignated its group managing director, Datuk Lee Tuck Fook, 72, as executive vice chairman effective Nov 13, 2026, and he will be replaced by Lai Cheng Yee, 52.
Lai, who joined WCT in August 2018 as director in the executive chairman’s office, has headed the group’s hospitality, aviation, and food and beverage divisions since June 2024. She also manages concession-related projects and oversees the engineering and construction as well as property development divisions.
Beyond WCT, Lai serves as a board member of Tourism Malaysia and a non-independent non-executive director of Paradigm REIT Management Sdn Bhd. She holds a direct interest of 13,527 ordinary shares in WCT.
Meanwhile, Lee, a former KPMG partner who has held senior leadership roles at Renong Berhad, Cement Industries of Malaysia Bhd, and Malton Berhad also sits on the board of Pavilion REIT Management Sdn Bhd.