Dato’ Lim Hong Thye

Age: 44 Years, Male, Malaysian – Group Managing Director

Date of Appointment

  • 1 January 2003 – Group Executive Director
  • 30 June 2008 – Group Managing Director

Dato’ Lim Hong Thye joined the Company in August 2000. He was immediately seconded to the main associate of the Company, Malayawata Steel Berhad (“MYS”) as Head of Finance. He was appointed to the board of the Company in 1 January 2003 and to the board of MYS in 15 January 2004. He was appointed as the President of MYS and was instrumented in leading the merger exercise of the Company and MYS, thus setting the foundation of transforming the Company into the leading steel company in Malaysia. He was appointed as the Group Managing Director of the Company on 30 June 2008 and under his leadership, Ann Joo Resources Berhad Group embarked its Vision 2020 to transform itself into a leading steel group in South East Asia. MYS became a 100%-owned subsidiary of the Company and name changed to Ann Joo Steel Berhad (“AJSB”). The Company also started the first modern Blast Furnace in Malaysia via a Special Purpose Vehicle, Ann Joo Integrated Steel Sdn Bhd. These series of initiatives have transformed AJSB into the lowest cost steel producer in Malaysia and the Company as the largest steel company by market capitalization in Malaysia.
In May 2018, Dato’ Lim was elected as the President of Malaysian Iron and Steel Industry Federation (MISIF) for a term of 3 years from 2018 to 2021. He serves as a Director from Malaysia of South East Asia Iron & Steel Institute (SEAISI) and Vice President of Asean Iron and Steel Council (AISC). He also serves on the Board of Malaysia Steel Institute (MSI), a government agency under Ministry of International Trade and Industry (MITI) overseeing the development of steel industry in Malaysia as well as in several private limited companies.

Besides that, Dato’ Lim is also active in social work, holding the position of Chairman of the Board of Governors of Sekolah Rendah Jenis Kebangsaan (C) Lick Hung. He is also a member in the Board of Governors of Sekolah Menengah Jenis Kebangsaan Katholik, PJ.

Dato’ Lim holds a Bachelor of Commerce (Accounting and Finance) from The University of Melbourne. He is a Fellow member of CPA Australia (FCPA) and a Chartered Accountant (CA) of The Malaysian Institute of Accountants (MIA). Prior to joining the Company, he was with the Assurance & Advisory Service Unit of Price Waterhouse and PriceWaterhouseCoopers.

Dato’ Lim is the son of major shareholder, Mr Lim Seng Qwee and the brother to the Non-Independent Non-Executive Director, Mr Lim Hong Hock. He has no conflict of interest with the Company and no convictions for offences within the past 5 years, nor any public sanction or penalty imposed by regulatory bodies during the financial year.