KUALA LUMPUR, Sept 2, 2026 – PPB Group Berhad (PPB) has formally commenced its leadership transition with Dato’ Kuok Meng Xiong assuming the role of Group Managing Director (GMD) effective Sept 1, 2026.
Meng Xiong, who succeeds Lim Soon Huat after nearly two decades of service, pledged to build on PPB’s strong foundations. “PPB Group has strong foundations built over many decades. My commitment is to build on these strengths, work closely with our people and continue creating sustainable long-term value for our stakeholders. I look forward to working with our leaders to take PPB Group forward,” he said.
PPB Group
Joining him in the leadership team is Jeremy Goon, who has taken on the role of Executive Director. He will work closely with Meng Xiong to support the Group’s businesses and long-term growth strategy.
Meng Xiong brings extensive experience in business building, operations, and investments. He is currently the Managing Director of Kuok Brothers Sdn Bhd and an Alternate Director on the Board of Kuok (Singapore) Limited. His career includes senior leadership roles within the Shangri-La Group, overseeing hotel operations, project development, and new business expansion across China, Hong Kong SAR, South Asia, and Central Asia. He is also the Founder and Managing Director of K3 Ventures, a Singapore-based venture capital firm.
The Board expressed gratitude to Lim Soon Huat for his leadership and contributions, noting that he will continue to support PPB in an advisory capacity. The transition marks a new chapter for PPB as it positions itself for sustainable growth in the decades ahead.
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