HO WAH GENTING BERHAD APPOINTS FINANCIAL VETERAN IN INTEGRATED RESORT DEVELOPMENT AS BOARD ADVISOR

– Kay Wong to advise HWGB on plans for next phase of growth

KUALA LUMPUR, 9 MARCH 2021 – Ho Wah Genting Berhad (“HWGB” or the “Company”) (Bursa Stock Code:9601) has appointed Kay Wong as an advisor providing investment advisory services to the board of the Company, particularly in the integrated resort, gaming, entertainment and property development investment.

The management of HWGB said: “We are delighted to have Kay join HWGB as she has a wealth of experience in finance and operation in a wide array of industries”.

Kay’s experience spans 35 years in the gaming, hospitality, construction industries, technology and fintech. Kay started her career as an auditor in PricewaterhouseCoopers, since then Kay had worked for several companies in Canada acting as senior financial manager roles. She became the Chief Financial Officer (“CFO”) of Grand Ho Tram Resort & Casino (“Grand Ho Tram”) in 2008 where she gained extensive international finance and regulatory experience setting up companies, commercial operations and complex transactions. Kay then joined Mobetize Corp. (OTCQB: MPAY) as Senior Vice President of the finance and operations division between 2015 and 2016. She is currently the CFO of Kabam Games Inc. (“Kabam Games”), an entertainment technology company that develops and publishes massively multi-player games available on Apple, Amazon and Google Play stores worldwide. She was hired to bring financial and operational leadership post-acquisition and help to set-up Kabam on a strong footing with continued growth.

Besides her experience at the operational level, Kay had experience as the member of the board of directors of several companies listed on the Hong Kong stock exchange such as Nagacorp Ltd. (HKEx, Stock Code: 03918) and OTCQB (the middle tier of the over-the-counter (OTC) market for U.S. stocks), as well as several Canadian companies.

Ho Wah Genting Berhad (“HWGB” or the “Company”) is principally engaged in investment holdings and the provision of management services to its subsidiaries. The Company had on 30 June 2020 diversified its existing businesses to include healthcare related industry which mainly involved in health supplement, biotechnology and health technology. In addition, the Company and its subsidiaries (“HWGB Group” or the “Group”) are also engaging in the businesses of investment holdings; manufacturing of wires and cables and moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment; trading of wires and cables; and travel agent and tour related services.