KUALA LUMPUR: Oasis Harvest Corp Bhd has appointed European Credit Investment Bank Ltd group chief executive officer Datuk Wira Dr Lim Zhao Qi as a non-independent, non-executive director effective Oct 13.
The appointment comes as the group expands its food and beverage (F&B) business and diversifies into event management and public relations services.
Lim has served as executive director and group CEO of European Credit Investment Bank since 2014.
He was appointed chairman of the Labuan Investment Banks Association in May 2024.
Oasis executive director Ch'ng Eu Vern said Lim's investment banking and corporate leadership experience would strengthen the group's ability to evaluate investment opportunities, manage capital prudently and pursue sustainable growth.
The group operates F&B brands including De.Wan 1958, Café Chef Wan and Uncle Don's.
It is preparing to roll out a new kopitiam concept targeting the mass-market dining segment.
The company has also diversified into event management and public relations through its 80 per cent-owned Contagious (Malaysia) Sdn Bhd.
The group said Lim's appointment will provide board-level expertise in capital allocation, investment evaluation and strategic business development as it broadens its business portfolio.
Oasis said it will remain focused on executing its expansion plans, maintaining prudent capital management and strengthening its business fundamentals to deliver long-term shareholder value.
© New Straits Times Press (M) Bhd