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S P Setia shuffles leadership with new CEO and COO Details 03 February 2021 S P Setia has named Choong Kai Wai as president and CEO and Koe Peng Kang as deputy president and COO, replacing Khor Chap Jen and Wong Tuck Wai respectively as they retire by the end of September this year. According to the company, the leadership transition follows a succession plan which is part of the company’s leadership talent agenda. The succession plan aims to sustain the leadership position of S P Setia as the leading property developer in Malaysia. Choong is responsible for building organisational capabilities to carry on the momentum that Khor has developed. He has more than 30 years of experience in the property and construction industry with experiences ranging from technical to business leadership roles. He is currently EVP of S P Setia, leading the Australia market and joined in May 2010. Choong will be supported by Koe w ....