Peter Chai, a Malaysian male, aged 80, is our Non-Independent Non-Executive Director. He was appointed to our Board on 28 August 2024. He emerged as a substantial shareholder of Hartanah when he invested in our Group as a strategic investor on 9 February 2022 after being introduced to Seah Boon Tiat in 2021.

He worked on various jobs generally in construction works and sales of building materials in his early years before joining Nippon Paint (EM) Sdn Bhd as a salesman in 1969. In 1971, he was seconded to PT Nipsea Paint and Chemicals (“PT Nipsea”) as Sales and Marketing Manager where he oversaw its overall sales and marketing activities in Sumatera, Indonesia.

He left PT Nipsea in 1972 to set up a building materials and hardware trading company namely, Hon Chee Enterprise. In 1973, he returned to PT Nipsea and assumed the role of Assistant General Manager where he oversaw the general operations of the company. In 1975, he was transferred to PT Nus in Jakarta, Indonesia to oversee the Indonesian sales and marketing operations of the paints and coatings division. In 1977, he was promoted as the General Manager of PT Cakung Utama, which is PT Nipsea’s packaging division, where he gained operational knowledge in the packaging industry.

In 1980, he joined DPI Sdn Bhd as a Director and spearheaded its venture into manufacturing of aerosol paints. Subsequently in November 1985, he acquired DPI Sdn Bhd. In 2018, he successfully listed DPI Holdings Berhad on the ACE Market of Bursa Securities. In 2022, he acquired 25.0% equity interest in Hartanah Construction as part of his investment portfolio.

He is the President of the Sarawak Manufacturing Association and a Council Member of the Sarawak Business Federation since 2022.

He is also the Executive Chairman and Managing Director of DPI Holdings Berhad and a Non-Executive Director of Eneco Refresh Ltd, a company listed on the Australian Securities Exchange Ltd, as well as a director of several private limited companies in Malaysia, Singapore, Australia and Hong Kong.