Yong Poh Kon to be Star boss?
Pewter king tipped
as StarPub chairman
The pewter king Yong Poh Kon, head of Royal Selangor International and a well-respected captain of industry, is tipped to be the new boss of Star Publications (Malaysia) Berhad, publisher of The Star.
His appointment is said to be one of two crucial changes at the media house to be made by newly-elected MCA president Dr Chua Soi Lek.
Speculation about the two appointments came in an article by former MCA research head Stanley Koh, writing in Free Malaysia Today.
In his piece Will Chua’s ‘humble ant’ polls manifesto see light?’ Stanley said “a changing of guards under Chua Soi Lek is imminent” and that new appointees were expected to take charge at the various holding companies and education-related bodies owned by the party’s investment arm Huaren Holdings Sdn Bhd.
Stanley made a veiled but pointed reference to Clement Hii, the current deputy executive chairman who was appointed by the previous MCA president Ong Tee Keat, in making the case for Yong Poh Kon’s appointment.
This is in line with media industry perception on the manner in which Clement was appointed.
Stanley said Chua Soi Lek was being urged to live up to his “humble ant” philosophy that he used as his manifesto in campaigning for the MCA presidency.
In it, Chua had espoused the need for professional management of the party’s key assets, particularly the Star, the importance of media professionalism and of not allowing the company and the paper to be manipulated or exploited for the individual self-interest of MCA leaders.
Stanley then outlines Yong Poh Kon’s abilities and his position in industry, and holds up Yong’s independence and professionalism.
The other appointment to be made is that of Tan Chai Ho, newly-appointed by Chua to be party treasurer-general, who is believed to be chairman of Huaren Holdings, the party’s investment arm, which controls the party’s ownership of The Star.
Stanley said it was not known yet if Tan will be appointed a board director of Star Publications, as was the case with the party’s treasurer-general in Ling Liong Sik’s time.
» Stanley’s article in full Will Chua’s “Humble Ant” polls manifesto see light?