Ang Chee Yong
About Ang Chee Yong
Ang Chee Yong, age 42, is an independent director of Graphjet Technology (GTI) appointed on March 20, 2025, with a background as a Licensed Financial Planner and founder of Axeable Strategy Sdn Bhd. He has 15+ years in financial services, managing over $10 million in client assets, and serves as a certified trainer (MFPC) and external lecturer at Changchun Finance College; education includes a Bachelor of Business Information Systems (UTAR) and Registered Financial Planner certification (MFPC) . GTI’s board deems him independent under Nasdaq rules and assigns him to key board committees (audit, remuneration, nominating & governance) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| VKA Wealth Planners Sdn Bhd | Business Development leadership; won Best Business Development Director award 3 consecutive years | Not disclosed | Client acquisition, sales team leadership |
| VKA Business Advisory Sdn Bhd | Business advisory leadership | Not disclosed | Strategic business consulting |
| Allianz Life Insurance (M) Bhd | Sales/financial advisor (top performer) | Not disclosed | Insurance advisory performance |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Axeable Strategy Sdn Bhd | Founder & Managing Director | Not disclosed | Built sales teams; strategic business consulting |
| Malaysian Financial Planning Council (MFPC) | Certified Trainer | Not disclosed | Professional training |
| Lions International | Certified Trainer | Not disclosed | Leadership training |
| Changchun Finance College (China) | External Lecturer (Business Mgmt, Entrepreneurship, Microeconomics) | Not disclosed | Academic teaching |
| Toastmasters, Association of Financial Advisers Malaysia | Member | Not disclosed | Professional affiliations |
Board Governance
- Committee memberships: Audit Committee member; Remuneration Committee member; Nominating & Corporate Governance Committee member .
- Committee chairs: None; audit chaired by Tan Song Jie; remuneration chaired by Chen Siow Woon; nominating & governance chaired by Chen Siow Woon .
- Independence: Board determined Ang Chee Yong is independent (Nasdaq standards) .
- Board classification and term: Class II director; term expires at GTI’s 2026 annual meeting .
- Audit Committee appointment sequence: Added to Audit Committee on April 11, 2025, joining Chair Tan Song Jie and member Chen Siow Woon .
- Attendance: No meeting attendance disclosure found in 2024 10-K or DEF 14A materials reviewed .
Fixed Compensation
| Component | Amount | Currency | Frequency | Source |
|---|---|---|---|---|
| Board retainer (non-employee director) | 2,500 | RM | Per month | |
| Board retainer (confirmatory) | 2,500 | RM | Per month | |
| Committee membership fees | — | — | — | Not disclosed in filings |
| Committee chair fees | — | — | — | Not disclosed in filings |
| Meeting fees | — | — | — | Not disclosed in filings |
Performance Compensation
| Item | Details |
|---|---|
| Equity grants (RSUs/PSUs), options | Not disclosed for independent directors in filings reviewed |
| Performance metrics tied to director pay | Not disclosed |
| Clawback, CoC provisions for directors | Not disclosed |
Other Directorships & Interlocks
| Category | Disclosure |
|---|---|
| Other public company boards | None disclosed in GTI filings (10-K/DRS/S-1/DEF 14A) |
| Shared directorships with GTI competitors/suppliers/customers | Not disclosed; 8-K notes no Item 404(a) related-party transactions for board appointees |
| Private/non-profit/academic roles | As above in External Roles (trainer, lecturer) |
Expertise & Qualifications
- Licensed Financial Planner; 15+ years of advisory experience; managed >$10 million client assets .
- Founder/operator experience; strategic consulting, sales leadership .
- Teaching/training credentials (MFPC, Lions; external lecturer) .
- Independent director per Nasdaq rules; serves on audit, remuneration, nominating committees .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Class | Notes |
|---|---|---|---|
| Ang Chee Yong | — | — | Director ownership table shows “—” for directors; 3,210,062 total shares outstanding at record date (Nov 14, 2025) |
Governance Assessment
- Committee effectiveness: Ang’s roles span audit (financial reporting oversight), remuneration (executive pay), and nominating/governance (board composition), indicating broad governance responsibilities though he is not committee chair .
- Independence and related-party risk: Board affirms independence; GTI disclosed no related-party transactions involving board appointees under Item 404(a) at appointment, reducing immediate conflict risk .
- Alignment signals: Only disclosed director cash retainer (RM 2,500/month) with no disclosed equity ownership/grants; alignment appears limited absent share ownership or performance-based director pay .
- Audit oversight context: Audit Committee (including Ang) selected Kreit & Chiu LLP; 2023 financials were re-audited and restated by Kreit & Chiu—heightened need for robust oversight and internal control remediation .
- Market/listing context: GTI pursued share capital reorganization and consolidation to address Nasdaq deficiencies, reflecting board focus on capital markets compliance; not specific to Ang but relevant to governance environment .