Nationality: Malaysian
Gender: Male
Age: 54
Date of Appointment: 20 January 2023
Membership of Board Committee:
• None
Mr. Loo is our substantial shareholder and Executive Director/Chief
Executive Officer. He is in charge of planning and executing longterm objectives for our Group, managing our sales and marketing activities including identifying markets and business opportunities and
approaching potential customers, and managing and maintaining key
customer relationships.
He graduated from Stockton University, USA (formerly known as Richard
Stockton State College) with a Bachelor of Arts (Computer Science) and
Bachelor of Arts (Finance) in 1992.
He began his career in August 1993 when he joined Ban Hin Lee Bank
Berhad (presently under the CIMB Group Holdings Berhad group of
companies) as Credit Analyst. As Credit Analyst, he was responsible
for assisting in screening loan requests and evaluating clients’ financial
information and risk ratios. In December 1994, he was promoted to Head
of Credit of the Melaka branch, where he was in charge of overseeing
and managing the credit department as well as recommending loan
applications for approval.
He was subsequently transferred to the Miri Branch in October 1996
where he was designated as Assistant Branch Manager. During his
tenure, he oversaw and monitored the daily business operational activities
and managed employees based at the Miri branch office. In December
1997, he assumed the position of Relief Assistant Branch Manager for
the Central and Southern regions of Peninsular Malaysia (including Kuala
Lumpur, Selangor, Negeri Sembilan, Melaka and Johor). As a Relief
Assistant Branch Manager, he was tasked to assume the functional
responsibilities as an interim Assistant Branch Manager of branch offices
in the Central and Southern regions of Peninsular Malaysia.
In September 2000, he joined Jasin Shopping Centre Sdn Bhd (his
family-owned company) as Manager and was later promoted to Director
in September 2003. During his tenure, he was in charge of overseeing
the daily operational activities of the company’s grocery retail outlet
including management of supply chain and inventory levels, overseeing
IT functions, monitoring of financial performance and cashflow as well as
developing sales and marketing strategies.
In May 2001, he set up Fimmex Trading Sdn Bhd, a
company involved in the trading of consumable products
and was appointed as Director. He later sold his equity interest
in Fimmex Trading Sdn Bhd.
Through his experience in Jasin Shopping Centre Sdn Bhd, he develops a
retail management solution that was tailored for grocery retailers. As such,
in February 2003, he left his role as Director in Fimmex Trading Sdn Bhd to
set up KC Software House, a partnership, with our Executive Director and
Chief Technology Officer, Tay Kheng Seng. He was responsible for the
business development and marketing of solutions in KC Software House,
and contributed to the development of our retail management solution by
providing his insights on the needs and requirements of grocery retailers.
The business of KC Software House was gradually transferred to Panda
Software House Sdn Bhd from 2009, and the business partnership of
KC Software House ceased in June 2011. Loo Chee Wee was appointed
as Executive Director of Panda Software House Sdn Bhd in April 2009
where he focused on the business development of the company. At the
same time, he took on a non-executive director role in Jasin Shopping
Centre Sdn Bhd until his resignation in October 2022. Loo Chee Wee
also co-founded Rexbridge Sdn Bhd in August 2014 and 020 Digital Sdn
Bhd in July 2020.
Goldcoin Pavilion Sdn Bhd (“Goldcoin Pavilion”) holds 11.1% equity
Interest in E-Tech IT Sdn Bhd (“E-Tech IT”). E-Tech IT have been entering
transactions with Panda and its subsidiaries. Mr. Loo is the major
shareholder and Director of Goldcoin Pavilion.
Potential conflict of interest may arise due to the common directorship
and involvement in related companies. The Audit and Risk Management
Committee has reviewed and assessed the potential conflict of interest of
Directors, senior management and legal representatives of the Company
(if any) and measures to mitigate such conflicts.