LIM TIONG JIN

Currently the Group CFO/Executive Director of JAKS Resources Berhad. Prior to that, has held various “C-suite” senior management positions as COO, CFO and Executive Director in numerous public listed companies such as Country Heights Holdings Bhd, Westports Berhad, Karambunai Corporation Berhad, and Tanco Holdings Berhad. Spent the early parts of career with one of the big 4 accounting firms in Company Secretarial Practice and subsequently with Perdana Investment Bank in Corporate Finance, Merger & Acquisitions. Has vast experience in financial & strategic management, operations and investor relations within the investment banking industry as well as public listed companies across finance, real-estate, resorts & leisure, port & logistics, power & energy, utilities and infrastructure sectors. Also well versed with fund raising and corporate debt restructuring activities.

Knowledgeable C-suite executive with strong background in financial leadership and strategic planning. Successfully led financial transformations and streamlined operations to enhance profitability. Demonstrated expertise in financial analysis and risk management.

• JAKS Resources Berhad, Group Chief Financial Officer/ Executive Director, 11/01/19, Present, Power, Energy, Construction & Real Estate, http://www.jaks.com.my/, Financial Management, Strategic Planning & investments, Corporate Finance, Mergers & Acquisitions, Fund Raising and investor relations, Fund raising of RM237 million (USD 56 million) via a Rights Issue exercise, Private Placement of over RM200 Million (USD 40 million), Joint Venture management, completion and operation of 1,200 MW Power Plant in Vietnam and 50 MW Solar Farm (renewable energy), Secured RM220 million (USD 52 million) financing for 50MW Large Scale Solar Plant in Malaysia
• KAJ Development Sdn Bhd, Chief Financial Officer, 09/01/18, 10/31/19, Real Estate, Leisure & Tourism, Port & Logistics, https://melakagateway.com/, Financial Management, Strategic Planning & investments, Corporate Finance, Mergers & Acquisitions, Fund Raising and investor relations, Formulated a Strategic Financial Plan, Identified and engaged with Potential Investors and Financiers, Leading negotiations for Joint Ventures, M&A’s, etc.
• Dynacap Sdn Bhd, Managing Director, 05/01/15, 09/30/18, Corporate Advisory and Private Investment, Overall direction and strategy of the Company, Generate and secure corporate advisory mandates, Generate and investment deal flows for evaluation, Interacting with investors and potential investors, Project investment evaluation and monitoring, Provide corporate advisory services, Identified and concluded several investments
• Country Heights Holdings Berhad, Group Chief Financial Officer, 10/01/13, 05/31/15, Real Estate, Hospitality, Leisure & Tourism, Healthcare, http://countryheights.com.my/, Financial Management, Strategic Planning & investments, Corporate Finance, Mergers & Acquisitions, Fund Raising and investor relations, Secured Project Funding of RM200 million (USD 50 million) from local and international financial institutions, Lead international road shows to DOHA Qatar, Shanghai and Chengdu China to secure international investors for the Mines Wellness City real estate development in Kuala Lumpur, Implemented GST compliance and operating systems, Negotiated and secured Joint Ventures, M&A’s, Management of on-going property development projects of over RM2 billion (USD 500 million)
• Westports Holdings Bhd, Chief Financial Officer, 03/01/13, 08/31/13, Ports & Logistics, http://www.westportsholdings.com/, Financial Management, Strategic investments, Corporate Finance, Mergers & Acquisitions, Investor relations and corporate communications, Aided the successful IPO on Bursa Malaysia Main Board with a market capitalization of over RM8 billion (USD 2.5 billion), the biggest IPO in year 2013
• Karambunai Corp. Bhd, Chief Financial Officer / Executive Director / Company Secretary, 12/01/02, 03/31/13, Real Estate, Hospitality, Leisure & Tourism, Manufacturing, http://www.karambunaicorp.com/, Oversee and direct a team of 15 finance professionals in managing the group financial administration and corporate finance functions, Manage the generation of financial reports while ensuring on time submission financial statements and reports to the stock exchange, Ensure proper accounting systems and policies are in place while constantly review and improve accounting procedures as well as policies in line with international standards, Played a crucial role in the Group’s financial management and strategic planning, Advice and guide the Board of Directors on business strategies and business models, joint ventures as well as investments in maximizing shareholder values, Collaborate with respective head of operations in setting goals and targets while conceive operational budgets, Solicit loans and financing while monitoring the group’s cashflow, Identify and evaluate new strategic opportunities in growing revenue and P&L results, Conceive and execute exit plans and divestment strategies for non performing business and assets, Organize events in securing corporate sales and institutional investors for new property launches, Seek and negotiate with strategic partners in business collaboration in executing strategic planning, Review and monitor operational and financial performance of subsidiaries as well as business units, Conceive and devise financial schemes and exercises in executing mergers & acquisitions, debt restructuring as well as fund raising, Manage investor relation (IR) while engage and present the group’s plans as well as business trajectory to market analysts, investors and the media, Work closely with IR and PR consultants in developing IR strategies as well as programmes, Define goals for each subordinate while constantly measure work performance, Manage and monitor external audit process while work closely with auditors in addressing issues, Represented the company in presentations to PEMANDU, Ministry of Tourism and other government authorities during high level meetings, Arranged a major debt syndication worth RM300 million (USD 100 million), Lead and manage the entire process from origination to drawdown completion, Reverse takeover exercise and rescue of Sri Hartamas Berhad by KCB, deal size of RM660 million (USD 220 million), Lead, negotiated and managed and Bonds and debt restructuring of over RM500 million (USD 167 million), Completed and worked on several fund raising, project funding and joint ventures over RM100 million (USD 33 million), Completion of over RM500 million (USD 170 million) resort and property development projects, Originated and implemented a major corporate exercise involving “resetting” of shares’ par value, rights issue of shares and capitalization issue, Asset disposals
• Tanco Holdings Berhad, Head of Corporate Planning & Strategy, 07/01/00, 11/30/02, Real Estate, Hospitality, Leisure & Tourism, https://www.tancoholdings.com/, Managed all corporate exercises undertaken by the Group encompassing fund raising, corporate restructuring, mergers and acquisitions as well as joint-ventures, Directed feasibility studies to evaluate the potential of new projects, joint-ventures and business opportunities while participated in high level negotiations, Generated and reviewed prospectuses, shareholders circulars and announcements to Bursa Malaysia, Provided support to finance and administration while assisted the preparation of financial budgets, forecast and projections, Managed tax and legal issues as well as investor communications, Liaised with Bursa Malaysia, Registrar of Companies and other government authorities regarding corporate exercises, Completed a major corporate restructuring scheme under the framework of the Corporate Debt Restructuring Committee (CDRC) involving the following salient features, Settlement of ICULS (convertible debt) of RM80 million via issuance of equity shares, Grant of Options to minority shareholders to acquire shares arising from the settlement of ICULS, Fund raising via a Two-Call Rights Issue (equity and capitalization issue) with free Warrants attached amounting to approximately RM46.9 million, Debt restructuring of approximately RM300 million (USD 100 million)
• Perdana Merchant Bank, Assistant Vice President, 07/01/97, 06/30/00, Investment Banking, Corporate Finance, M&A, IPO, Fund Raising, Debt Restructuring, Source for deals and execute them, Generate Corporate Exercise proposals, Submissions to Securities Commission (SC), Bursa Malaysia etc., Conduct Due Diligence Exercise, Investment Banking /Corporate Finance Experience Highlights in Appendix 1
• Tenaga Koperat Sdn Bhd, Assistant Manager, 08/01/94, 07/31/97, Accounting & Company Secretarial Firm, Providing Company Secretarial services to Listed and Non Listed Companies, Assist Foreign clients to set up company and operations in Malaysia and providing the necessary corporate advisory services

• Karambunai Corp Berhad, Director of various subsidiaries of the listed holding company, 2004 to 2013
• Country Heights Holdings Berhad, Director of various subsidiaries of the listed holding company, 2014 to 2015
• R&A Telecommunications Berhad, Independent director, board member and audit committee member, 12/2016 to 03/2018
• Dynacap Sdn Bhd, Director, 2012 to Present

• Age: 54
• Title: Chartered Accountant and member of the Malaysian Institute of Accountants (MIA), Associate Member of the Institute of Chartered Secretaries & Administrators, UK (ACIS), Fellow Member of the Association of Certified Chartered Accountants, UK (FCCA)

• ACCA
• ICSA